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The Cheap Investor

The Cheap Investor

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March 2022

Some Independent Nike Stores Remain Open In Russia Over A Week After Closure Announcement
  • Headlines
  • Reuters

Some Independent Nike Stores Remain Open In Russia Over A Week After Closure Announcement

The Cheap InvestorMarch 12, 20220

(This March 11 story corrects to say “at least six independent stores” instead of “many” stores; adds details on Nike’s…

Steve Cohen’s Point72 To Redeem $750 Million From Melvin Capital - Bloomberg News
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Steve Cohen’s Point72 To Redeem $750 Million From Melvin Capital – Bloomberg News

The Cheap InvestorMarch 12, 20220

(Reuters) – Billionaire investor Steve Cohen’s Point72 Asset Management is pulling out the $750 million it invested in Melvin Capital…

Russian Central Bank Decides Not To Reopen Stock Market Trading Next Week
  • Headlines
  • Reuters

Russian Central Bank Decides Not To Reopen Stock Market Trading Next Week

The Cheap InvestorMarch 12, 20220

(Reuters) – Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow…

Russia To Include Electronics Firms On List Of Essential Companies -report
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  • Reuters

Russia To Include Electronics Firms On List Of Essential Companies -report

The Cheap InvestorMarch 12, 20220

(Reuters) – Russia’s trade and finance ministries will widen the criteria for systematically important firms to include companies from the…

  • AP
  • Headlines

Cashless and flightless, Russian tourists stuck in Thailand

The Cheap InvestorMarch 12, 2022March 14, 20220

BANGKOK (AP) — Thousands of Russian tourists are stranded in Thailand’s beach resorts because of the war in Ukraine, many…

Ukraine Official Plays Down Risks Of Hryvnia Devaluating Further
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  • Reuters

Ukraine Official Plays Down Risks Of Hryvnia Devaluating Further

The Cheap InvestorMarch 12, 20220

LVIV, Ukraine (Reuters) – The Ukrainian president’s economic adviser on Saturday played down the risks of the hryvnia devaluating further,…

Russia's Gazprom Says Continues Gas Shipments Via Ukraine At Same Volume
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  • Reuters

Russia’s Gazprom Says Continues Gas Shipments Via Ukraine At Same Volume

The Cheap InvestorMarch 12, 20220

(Reuters) – Russian natural gas company Gazprom said on Saturday it was continuing gas shipments via Ukraine at an unchanged…

Sri Lanka Tightens Trade Rules To Boost Currency Reserves
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  • Reuters

Sri Lanka Tightens Trade Rules To Boost Currency Reserves

The Cheap InvestorMarch 12, 20220

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s Central Bank tightened trade restrictions on Saturday, ordering exporters to repatriate foreign…

Abramovich's U.S. Hedge Fund Investments Frozen- WSJ
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Abramovich’s U.S. Hedge Fund Investments Frozen- WSJ

The Cheap InvestorMarch 11, 20220

(Reuters) – Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his…

Many Nike Stores Remain Open In Russia Over A Week After Closure Announcement
  • Headlines
  • Reuters

Many Nike Stores Remain Open In Russia Over A Week After Closure Announcement

The Cheap InvestorMarch 11, 20220

By Richa Naidu LONDON (Reuters) -Many Nike stores throughout Russia were open on Friday afternoon, according to checks made by…

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