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Instant view: ECB lifts interest rates to highest since 2000

The Cheap InvestorJuly 27, 2023July 27, 20230

(Reuters) – The European Central Bank raised interest rates for the ninth consecutive time on Thursday and kept the door…

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Mediobanca readies share buyback as CEO Nagel seeks new 3y term

The Cheap InvestorJuly 27, 2023July 27, 20230

By Gianluca Semeraro MILAN (Reuters) -Italy’s Mediobanca said on Thursday it would buy back its own shares for around 200…

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Lazard profit slumps but sees early signs of recovery in deals

The Cheap InvestorJuly 27, 2023July 27, 20230

By Manya Saini (Reuters) -Investment bank Lazard’s second-quarter profit fell 76% as its advisory business reeled from a prolonged slump…

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Prince Harry’s trial against Murdoch tabloids to go ahead, but hacking claims too old

The Cheap InvestorJuly 27, 2023July 27, 20230

By Michael Holden LONDON (Reuters) -Prince Harry can take some of his lawsuit against media magnate Rupert Murdoch’s tabloids to…

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Wegovy weight-loss injection factory plagued by sterile-safety failures

The Cheap InvestorJuly 27, 2023July 27, 20230

By Maggie Fick LONDON (Reuters) – The factory that fills the self-injection pens for booming weight-loss drug Wegovy has repeatedly…

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Harley-Davidson profit skids, outlook revised on production halt

The Cheap InvestorJuly 27, 2023July 27, 20230

By Bianca Flowers and Kannaki Deka (Reuters) -Harley-Davidson Inc. revised its sales outlook for the year after profit fell 17.5%…

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Marketmind: ECB to follow Fed hike, Meta surges

The Cheap InvestorJuly 27, 2023July 27, 20230

A look at the day ahead in U.S. and global markets from Mike Dolan With markets still betting Wednesday’s interest…

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What are global companies saying about China’s economy?

The Cheap InvestorJuly 27, 2023July 27, 20230

(Corrects dateline) (Reuters) -Major global firms ranging from banks to chipmakers are taking a largely cautious stance on their China…

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VW cuts sales outlook as EV competition heats up

The Cheap InvestorJuly 27, 2023July 27, 20230

By Victoria Waldersee and Miranda Murray BERLIN (Reuters) -Volkswagen on Thursday cut its full year sales target and pledged to…

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Zara owner Inditex says it will stop buying clothes from Myanmar

The Cheap InvestorJuly 27, 2023July 27, 20230

By Helen Reid, Corina Pons LONDON (Reuters) -Zara owner Inditex is in the process of stopping purchases from Myanmar, the…

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