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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,…

  • Business
  • Economy

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…

  • Business
  • US

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…

  • Asia
  • Business

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,…

  • Asia
  • Business

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…

  • Business
  • Economy

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,…

  • Asia
  • Business

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Economy
  • Europe

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…

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