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UK factory downturn deepens in June despite lower costs: PMI

The Cheap InvestorJuly 3, 2023July 3, 20230

By Andy Bruce LONDON (Reuters) – The pace of decline in Britain’s manufacturing sector steepened in June and optimism faded…

  • Asia
  • Australia

Australia’s BNPL firm Zip to streamline cost and operations – official

The Cheap InvestorJuly 3, 2023July 3, 20230

(Corrects attribution in paragraph 5 to Zip’s ANZ CEO from Director for investor relations) (Reuters) -Australian buy-now-pay-later firm Zip Co…

  • Economy

Japan’s tax income hits record, surplus will help fund defence plan

The Cheap InvestorJuly 3, 2023July 3, 20230

TOKYO (Reuters) -Japan’s government raked in record tax income last fiscal year, the finance ministry said on Monday, which could…

  • Asia
  • Economy

Treasury’s Yellen to visit China this week to expand communications

The Cheap InvestorJuly 3, 2023July 3, 20230

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Beijing from July 6-9 for meetings…

  • Business
  • Economy

UBS aims to avoid using $10 billion Credit Suisse backstop amid backlash -FT

The Cheap InvestorJuly 3, 2023July 3, 20230

(Reuters) -UBS Group AG is aiming to avoid using a $10 billion backstop for Credit Suisse amid a backlash, the…

  • Business
  • Economy

Euro zone factory downturn deepened in June as ECB hikes bite-PMI

The Cheap InvestorJuly 3, 2023July 3, 20230

LONDON (Reuters) – Euro zone manufacturing activity contracted faster than initially thought in June as persistent policy tightening by the…

  • Business
  • Economy

German manufacturing shrinks in June as demand weakens-PMI

The Cheap InvestorJuly 3, 2023July 3, 20230

BERLIN (Reuters) – Germany’s manufacturing sector contracted at the fastest rate in more than three years in June, with both…

  • Business
  • Economy

Italy’s manufacturing shrinks at steepest rate since COVID lockdowns – PMI

The Cheap InvestorJuly 3, 2023July 3, 20230

ROME (Reuters) – Italy’s manufacturing sector contracted in June at the steepest rate in over three years, a survey showed…

  • Europe
  • Politics

What Sweden’s submarines bring to NATO

The Cheap InvestorJuly 3, 2023July 3, 20230

By Johan Ahlander KARLSKRONA, Sweden (Reuters) – When Sweden joins NATO, it will help the alliance redress its vulnerability in…

  • Business
  • Economy

Swiss inflation dips to 1.7% in June, but rate hike still expected

The Cheap InvestorJuly 3, 2023July 3, 20230

By John Revill ZURICH (Reuters) – Swiss inflation dipped to 1.7% in June, the government said on Monday, although economists…

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