Uncategorized Scorching heat stresses US power grids, prices soar The Cheap InvestorJuly 27, 2023July 27, 20230 By Scott DiSavino (Reuters) – U.S. power prices rose to their highest in months in a couple of markets as…
Uncategorized Kering buys 30% of Italy’s Valentino as Gucci sales lag The Cheap InvestorJuly 27, 2023July 27, 20230 By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) -French luxury group Kering, which is struggling to revive sales at its…
Uncategorized Bankman-Fried campaign finance charge dropped, lessening trial’s political focus The Cheap InvestorJuly 27, 2023July 27, 20230 By Luc Cohen NEW YORK (Reuters) – The decision by U.S. prosecutors on Wednesday to drop a campaign finance charge…
Uncategorized Oil settles above April peak on tighter supply The Cheap InvestorJuly 27, 2023July 27, 20230 By Laura Sanicola (Reuters) -Oil settled higher Thursday, with Brent crude topping $84 a barrel for the first time since…
Uncategorized US bank regulators announce sweeping proposals on capital rules The Cheap InvestorJuly 27, 2023July 27, 20230 WASHINGTON (Reuters) -U.S. regulators unveiled a sweeping overhaul Thursday that would direct banks to set aside billions more in capital…
Uncategorized ECB fans talk of September pause after raising rates to 23-year high The Cheap InvestorJuly 27, 2023July 27, 20230 By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised interest rates for the ninth consecutive time…
Uncategorized Biden seeks heat hazard alert, provides $1 billion to plant trees The Cheap InvestorJuly 27, 2023July 27, 20230 WASHINGTON (Reuters) – U.S. President Joe Biden said on Thursday he had asked Acting Labor Secretary Julie Su to issue…
Uncategorized Ferrovial first-half profit more than doubles, helped by US road revenue The Cheap InvestorJuly 27, 2023July 27, 20230 MADRID (Reuters) – Infrastructure giant Ferrovial on Thursday reported a first-half net profit of 114 million euros ($125 million), more…
Uncategorized AbbVie trims forecast for Humira sales drop on favorable coverage The Cheap InvestorJuly 27, 2023July 27, 20230 By Leroy Leo and Patrick Wingrove (Reuters) -AbbVie on Thursday trimmed its 2023 view for declining sales of its flagship…
Uncategorized US Supreme Court removes obstacle to Mountain Valley Pipeline The Cheap InvestorJuly 27, 2023July 27, 20230 By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday removed an obstacle to completing the long-delayed Mountain…