BusinessEconomy UBS sees agreement on Credit Suisse loss guarantee by June 7 – SEC filing The Cheap InvestorJune 6, 2023June 6, 20230 ZURICH (Reuters) -UBS expects to finalize its agreement with the Swiss government to cover up to 9 billion Swiss francs…
EnvironmentEurope Nova Kakhovka dam attack: what do we know so far? The Cheap InvestorJune 6, 2023June 6, 20230 By Guy Faulconbridge MOSCOW (Reuters) -A huge Soviet-era dam on the Dnipro River that separates Russian and Ukrainian forces in…
Economy Pakistan approves 3.5% GDP growth target for FY 2023-24 budget – minister The Cheap InvestorJune 6, 2023June 6, 20230 By Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistan on Tuesday approved an estimated 3.5% GDP growth target for its…
BusinessUS General Electric to sell over $2 billion stake in GE HealthCare The Cheap InvestorJune 6, 2023June 6, 20230 (Reuters) – General Electric Co is offering 25 million of common stock, or an over $2 billion stake, in GE…
EnvironmentEurope Canal irrigating Crimea getting ‘drastically less’ water after Ukraine dam blast, says Kremlin The Cheap InvestorJune 6, 2023June 6, 20230 By Andrew Osborn (Reuters) -A gaping hole punched in Ukraine’s Nova Kakhovka dam that unleashed a wall of floodwater means…
AfricaEurope Breakthrough on stalled EU migration deal coming this week – official The Cheap InvestorJune 6, 2023June 6, 20230 By Gabriela Baczynska BRUSSELS (Reuters) -European Union countries are expected this week to agree on how to share out the…
AsiaAustralia Australia cenbank warns of more hikes ahead after raising rates to 11-yr high The Cheap InvestorJune 6, 2023June 6, 20230 By Stella Qiu SYDNEY (Reuters) -Australia’s central bank on Tuesday raised interest rates by a quarter-point to an 11-year high,…
AsiaBusiness Exclusive-China’s state banks told to lower cap on dollar deposit rates -sources The Cheap InvestorJune 6, 2023June 6, 20230 SHANGHAI/BEIJING (Reuters) – In a rare attempt to bolster China’s yuan, a self-regulatory body overseen by the country’s central bank…
EnvironmentLatin America At least 42 dead, thousands homeless after floods in Haiti The Cheap InvestorJune 6, 2023June 6, 20230 (Reuters) – Flooding from torrential rains in Haiti has left at least 42 people dead over the past couple days…
BusinessEconomy Russia’s McDonald’s heir growing quickly, in for the long haul The Cheap InvestorJune 6, 2023June 6, 20230 By Olga Popova MOSCOW (Reuters) – The successor to McDonald’s restaurants in Russia is growing faster than forecast, its owner…