BusinessEconomy SNB defends raising rates, says not to blame for Credit Suisse failure The Cheap InvestorJune 1, 2023June 1, 20230 (This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse,…
BusinessEconomy G20 watchdog to study Silicon Valley Bank, Credit Suisse turmoil The Cheap InvestorJune 1, 2023June 1, 20230 By Huw Jones LONDON (Reuters) – How rules are applied to banks and the calculation of their liquidity buffers should…
BusinessUS Southwest Airlines forecasts strong full-year profit The Cheap InvestorJune 1, 2023June 1, 20230 (Reuters) -Southwest Airlines Co said on Thursday it continues to expect a strong adjusted profit for the full year as…
AsiaBusiness Remy Cointreau profit beat calms nerves about tough H1 The Cheap InvestorJune 1, 2023June 1, 20230 By Dominique Vidalon PARIS (Reuters) – French spirits group Remy Cointreau beat forecasts with record annual operating profits on Thursday,…
AsiaBusiness Elon Musk’s whirlwind China trip included talks with vice premier The Cheap InvestorJune 1, 2023June 1, 20230 SHANGHAI (Reuters) -Tesla Inc Chief Executive Elon Musk departed Shanghai on Thursday, wrapping up a two-day trip to China in…
BusinessEconomy Euro zone inflation tumbles, fuelling ECB rates debate The Cheap InvestorJune 1, 2023June 1, 20230 By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation eased more than expected last month as underlying price growth also slowed,…
AsiaBusiness Southeast Asian tech giant Sea disbands investment arm -sources The Cheap InvestorJune 1, 2023June 1, 20230 (Corrects paragraph 7 to say Ma became chief investment officer of Sea Capital not Sea) By Kane Wu and Fanny…
BusinessEconomy ECB nearing end of tightening cycle but final stretch remains, De Guindos says The Cheap InvestorJune 1, 2023June 1, 20230 MADRID (Reuters) -The European Central Bank (ECB) has gone through most of its monetary policy tightening to bring inflation back…
BusinessEconomy Some Amazon employees walk out in Seattle to protest climate, office policies The Cheap InvestorJune 1, 2023June 1, 20230 By Matt McKnight SEATTLE (Reuters) – Some Amazon.com Inc employees staged a walkout on Wednesday in protest of the e-commerce…
EconomyEurope Visiting Moldova, Zelenskiy says Ukraine ready for NATO membership The Cheap InvestorJune 1, 2023June 1, 20230 CHISINAU (Reuters) – President Volodymyr Zelenskiy said during a trip to Moldova on Thursday that Ukraine was ready to be…