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Bank of England warns lenders over private equity, commodities exposure

The Cheap InvestorJuly 3, 2023July 3, 20230

By Huw Jones LONDON (Reuters) -The Bank of England said on Monday that banks may be underestimating their exposure to…

  • Business
  • Economy

Spread between 2- and 10-year Treasuries at deepest inversion since ’81

The Cheap InvestorJuly 3, 2023July 3, 20230

By David Randall (Reuters) – A widely watched section of the U.S. Treasury yield curve hit its deepest inversion on…

  • Business

Tesla beats second-quarter delivery estimates as price cuts pay off

The Cheap InvestorJuly 3, 2023July 3, 20230

(Reuters) -Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates…

  • Business
  • Economy

Mozambique ‘tuna bond’ case against Credit Suisse can proceed, UK judge rules

The Cheap InvestorJuly 3, 2023July 3, 20230

By Kirstin Ridley LONDON (Reuters) -Mozambique’s blockbuster lawsuit against Credit Suisse and others over the $2 billion “tuna bond” scandal…

  • Business
  • Economy

US construction spending beats expectations in May on housing

The Cheap InvestorJuly 3, 2023July 3, 20230

WASHINGTON (Reuters) – U.S. construction spending increased more than expected in May as a severe shortage of houses for sale…

  • Business
  • Economy

Brazil economists foresee deeper monetary easing, lower inflation

The Cheap InvestorJuly 3, 2023July 3, 20230

BRASILIA/SAO PAULO (Reuters) – Private economists in Brazil anticipate deeper monetary easing this year and improved inflation prospects until 2026…

  • Business
  • Economy

U.S. property catastrophe reinsurance rates rise up to 50% on July 1-report

The Cheap InvestorJuly 3, 2023July 3, 20230

LONDON (Reuters) – U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal…

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Blackstone REIT says redemption requests declined in June

The Cheap InvestorJuly 3, 2023July 3, 20230

(Reuters) – Blackstone Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of…

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  • Economy

Don’t assume rates and inflation will settle back down – BoE’s Greene

The Cheap InvestorJuly 3, 2023July 3, 20230

LONDON (Reuters) – Megan Greene, who is due to join the Bank of England’s Monetary Policy Committee this week, said…

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World hits record land, sea temperatures as climate change fuels 2023 extremes

The Cheap InvestorJuly 3, 2023July 3, 20230

(Updates June 30 story with new headline) By David Stanway SINGAPORE (Reuters) -The target of keeping long-term global warming within…

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