AsiaPolitics US CIA chief Burns visited China in May The Cheap InvestorJune 2, 2023June 2, 20230 By Michael Martina and Trevor Hunnicutt WASHINGTON (Reuters) -CIA director William Burns visited China last month for talks with Chinese…
AsiaBusiness Oil up over 2% after US debt deal and jobs data; focus turns to OPEC+ The Cheap InvestorJune 2, 2023June 2, 20230 By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt…
AsiaMiddle East Analysis-U.S. seeks to mend frayed Saudi ties with second high-level trip The Cheap InvestorJune 2, 2023June 2, 20230 By Jonathan Landay, Arshad Mohammed and Humeyra Pamuk WASHINGTON (Reuters) – With two high-level visits in less than a month,…
BusinessEconomy Outsized US job gains may mask signs of weakness The Cheap InvestorJune 2, 2023June 2, 20230 By Howard Schneider WASHINGTON (Reuters) – The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly…
BusinessEconomy Tyson Foods to cut 262 employees in South Dakota who opt not to relocate The Cheap InvestorJune 2, 2023June 2, 20230 CHICAGO (Reuters) – Tyson Foods Inc will terminate about 262 employees in South Dakota who chose not to relocate to…
BusinessCentral America Citigroup CEO says Mexico IPO is best for shareholders, other sales going well The Cheap InvestorJune 2, 2023June 2, 20230 By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Citigroup Inc CEO Jane Fraser said scrapping the sale of…
BusinessEconomy US employers boost hiring in May, but labor market losing steam The Cheap InvestorJune 2, 2023June 2, 20230 By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to…
BusinessEconomy Fitch keeps U.S. credit rating on negative watch despite debt limit deal The Cheap InvestorJune 2, 2023June 2, 20230 (Reuters) -The United States’ “AAA” credit rating will remain on negative watch, despite a debt limit agreement that will allow…
AsiaEconomy Argentina doubles China currency swap access to $10 billion The Cheap InvestorJune 2, 2023June 2, 20230 By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has signed a deal to renew its currency swap line with China and…
BusinessEconomy Analysis-Risk of US downgrade still on the cards despite debt deal The Cheap InvestorJune 2, 2023June 2, 20230 By Davide Barbuscia NEW YORK (Reuters) -While a U.S. default on its debt has been averted, the possibility of another…