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May 4, 2022

  • AP
  • Headlines

EXPLAINER: What’s the impact if Europe cuts off Russian oil?

The Cheap InvestorMay 4, 2022May 5, 20220

The European Union’s executive commission has proposed phasing out imports of Russian oil within six months. It is part of…

Maersk In Talks With Buyers For Stake As Quits Russia
  • Headlines
  • Reuters

Maersk In Talks With Buyers For Stake As Quits Russia

The Cheap InvestorMay 4, 20220

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports…

Loblaw Revenue Misses Estimates On Easing Demand For Groceries, Essentials
  • Headlines
  • Reuters

Loblaw Revenue Misses Estimates On Easing Demand For Groceries, Essentials

The Cheap InvestorMay 4, 20220

(Reuters) – Canadian retailer Loblaw Cos Ltd missed Wall Street estimates for first-quarter revenue on Wednesday, signaling that pandemic-led demand…

Spain's April Jobless Number Slips, Formal Jobs At Record High
  • Headlines
  • Reuters

Spain’s April Jobless Number Slips, Formal Jobs At Record High

The Cheap InvestorMay 4, 20220

MADRID (Reuters) – The number of people registering as jobless in Spain fell 2.77%in April to 3.02 million people, the…

UK's Boohoo Warns Of Slower Growth As Supply Issues Weigh
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  • Reuters

UK’s Boohoo Warns Of Slower Growth As Supply Issues Weigh

The Cheap InvestorMay 4, 20220

By James Davey LONDON (Reuters) -British online fashion retailer Boohoo warned sales growth would slow this year, hit by a…

  • AP
  • Headlines

Biden showcases deficit progress in bid to counter critics

The Cheap InvestorMay 4, 2022May 5, 20220

WASHINGTON (AP) — President Joe Biden on Wednesday highlighted new figures showing the government’s red ink will grow less than…

Volkswagen Sticks To Outlook As Size Offset Supply Chain Woes
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  • Reuters

Volkswagen Sticks To Outlook As Size Offset Supply Chain Woes

The Cheap InvestorMay 4, 20220

By Christoph Steitz and Jan Schwartz FRANKFURT (Reuters) -Volkswagen, Europe’s top carmaker, on Wednesday stuck to its outlook for 2022,…

Investors Keep Power Dry Ahead Of Fed, Crude Jumps
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  • Reuters

Investors Keep Power Dry Ahead Of Fed, Crude Jumps

The Cheap InvestorMay 4, 20220

By Huw Jones LONDON (Reuters) – Global stocks were little changed on Wednesday as investors kept their powder dry ahead…

  • Headlines
  • Reuters

Just Eat Takeaway Chairman And COO Step Down Hours Before AGM

The Cheap InvestorMay 4, 20220

By Toby Sterling AMSTERDAM (Reuters) – Just Eat Takeaway.com NV said on Wednesday two of its most senior leaders were…

Maersk Made Final Shipment To Russia This Week
  • Headlines
  • Reuters

Maersk Made Final Shipment To Russia This Week

The Cheap InvestorMay 4, 20220

COPENHAGEN (Reuters) -Shipping group Maersk made its last cargo shipment to a Russian port this week and took impairment losses…

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