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January 13, 2022

Inditex Founder Amancio Ortega Buys Toronto Skyscaper For $916 Million
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Inditex Founder Amancio Ortega Buys Toronto Skyscaper For $916 Million

The Cheap InvestorJanuary 13, 20220

MADRID (Reuters) – Spanish billionaire and Zara founder Amancio Ortega has agreed to buy a landmark Canadian skyscraper for around…

General Motors Taps Three Qualcomm Chips To Power Its Ultra Cruise Feature
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General Motors Taps Three Qualcomm Chips To Power Its Ultra Cruise Feature

The Cheap InvestorJanuary 13, 20220

(This Jan 6. story corrects second paragraph to reflect that Ultra Cruise will work for 95% of driving scenarios, not…

KLM's CEO Elbers Will Not Serve Third Term -statement
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KLM’s CEO Elbers Will Not Serve Third Term -statement

The Cheap InvestorJanuary 13, 20220

AMSTERDAM (Reuters) – Pieter Elbers, the chief executive of KLM, the Dutch arm of Air France-KLM, will not serve a…

Navient Reaches $1.85 Billion Settlement Into Student Lending Practices
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Navient Reaches $1.85 Billion Settlement Into Student Lending Practices

The Cheap InvestorJanuary 13, 20220

(Reuters) -Navient Corp, one of the largest U.S. student loan companies, has reached a $1.85 billion settlement with most U.S….

Regulators Tell Exchanges To Get Ready For "hybrid" Working
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Regulators Tell Exchanges To Get Ready For “hybrid” Working

The Cheap InvestorJanuary 13, 20220

LONDON (Reuters) – Global securities regulators began reviewing on Thursday whether to toughen up operational resilience at exchanges and other…

Dollar Extends Drop As Positioning And Technical Selling Weigh
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Dollar Extends Drop As Positioning And Technical Selling Weigh

The Cheap InvestorJanuary 13, 20220

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar extended its fall against a basket of currencies on Thursday to…

Futures Gain After Producer Prices Data Eases Rate Hike Fears
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Futures Gain After Producer Prices Data Eases Rate Hike Fears

The Cheap InvestorJanuary 13, 20220

By Bansari Mayur Kamdar (Reuters) -U.S. stock index futures rose on Thursday after weaker-than-expected producer price data eased concerns about…

Argentina Inflation Seen Spiking On Festive Spending Splurge
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Argentina Inflation Seen Spiking On Festive Spending Splurge

The Cheap InvestorJanuary 13, 20220

By Hernan Nessi BUENOS AIRES (Reuters) – Argentina inflation likely rose back up to 3.6% in December, a Reuters poll…

Futures Muted Ahead Of Data; Delta Air Rises On Strong Earnings
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Futures Muted Ahead Of Data; Delta Air Rises On Strong Earnings

The Cheap InvestorJanuary 13, 20220

By Bansari Mayur Kamdar (Reuters) – U.S. stock index futures were muted on Thursday ahead of jobless claims data and…

China Evergrande's Unit Reaches Agreement With Bondholders To Delay Payments
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China Evergrande’s Unit Reaches Agreement With Bondholders To Delay Payments

The Cheap InvestorJanuary 13, 20220

HONG KONG (Reuters) – China Evergrande Group’s main unit Hengda Real Estate Group has reached an agreement with bondholders to…

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