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Texas power use breaks record in heat wave -ERCOT

The Cheap InvestorJune 27, 2023June 27, 20230

(Reuters) – Power use in Texas hit a preliminary all-time high on Tuesday as homes and businesses cranked up air…

  • Business
  • Europe

US FDA declines to approve Regeneron’s higher-dose Eylea, shares tumble

The Cheap InvestorJune 27, 2023June 27, 20230

By Khushi Mandowara (Reuters) – U.S. health regulators on Tuesday declined to approve a higher-dose version of Regeneron Pharmaceuticals’ drug…

  • Asia
  • Economy

Pakistan hopes for bailout decision in day or two as IMF seeks deal ‘quickly’

The Cheap InvestorJune 27, 2023June 27, 20230

ISLAMABAD (Reuters) -Pakistan hopes a bailout decision from the International Monetary Fund (IMF) will come in a day or two,…

  • Asia
  • Australia

Australia eyes bigger budget surplus but warns economy still slowing

The Cheap InvestorJune 27, 2023June 27, 20230

By Renju Jose SYDNEY (Reuters) – Australia’s budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion)…

  • Business
  • Economy

UBS to cut more than half of Credit Suisse workforce – Bloomberg News

The Cheap InvestorJune 27, 2023June 27, 20230

(Reuters) -UBS Group is looking to cut more than half of Credit Suisse’s workforce from next month as a result…

  • Asia
  • Australia

Qantas names Rob Marcolina new CFO in latest management overhaul

The Cheap InvestorJune 27, 2023June 27, 20230

(Reuters) – Qantas Airways has appointed Rob Marcolina as its new chief financial officer, the company said on Wednesday, succeeding…

  • Business
  • Technology

Bankman-Fried loses bid to toss criminal charges over FTX’s collapse

The Cheap InvestorJune 27, 2023June 27, 20230

By Luc Cohen NEW YORK (Reuters) -A federal judge on Tuesday rejected Sam Bankman-Fried’s bid to throw out most of…

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  • Europe

Factbox-Who is behind the sweeping MOVEit hack?

The Cheap InvestorJune 27, 2023June 27, 20230

By Raphael Satter (Reuters) – The cl0p ransomware gang is claiming a new set of victims from its hack of…

  • Business
  • Economy

Global initiative launched to rate corporate carbon offset claims

The Cheap InvestorJune 27, 2023June 27, 20230

By Susanna Twidale LONDON (Reuters) – A standard to assess companies’ claims about progress towards internal climate targets and their…

  • Asia
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Dollar weaker after data burst, euro rises on ECB comments

The Cheap InvestorJune 27, 2023June 27, 20230

(Refiles to correct first sentence to fix day of week to Tuesday) By Chuck Mikolajczak NEW YORK (Reuters) – The…

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