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May 2022

Google Backs India's ShareChat In $300 Million Funding Round At $5 Billion Valuation
  • Headlines
  • Reuters

Google Backs India’s ShareChat In $300 Million Funding Round At $5 Billion Valuation

The Cheap InvestorMay 30, 20220

By Munsif Vengattil NEW DELHI (Reuters) – The parent company of India’s ShareChat has raised nearly $300 million in fresh…

China's Factory Activity Likely Contracted More Slowly In May - Reuters Poll
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  • Reuters

China’s Factory Activity Likely Contracted More Slowly In May – Reuters Poll

The Cheap InvestorMay 30, 20220

BEIJING (Reuters) – China’s factory activity likely contracted at a slower pace in May, a Reuters poll showed, as some…

  • AP
  • Headlines

Russians, Ukrainians fight block by block in eastern city

The Cheap InvestorMay 30, 2022May 31, 20220

KRAMATORSK, Ukraine (AP) — Russian troops pushed deeper into a key eastern Ukrainian city Monday, fighting street by street with…

Stocks Rise, Dollar Struggles On Fed Bets
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  • Reuters

Stocks Rise, Dollar Struggles On Fed Bets

The Cheap InvestorMay 30, 20220

By Wayne Cole and Danilo Masoni SYDNEY/MILAN (Reuters) – World shares rose on Monday and the dollar was pinned near…

  • AP
  • Headlines

EU leaders agree to ban 90% of Russian oil by year-end

The Cheap InvestorMay 30, 2022May 31, 20220

BRUSSELS (AP) — European Union leaders agreed Monday to embargo most Russian oil imports into the bloc by year-end as…

Marketmind: One Investor's Rebound Is Another's Bear Rally
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  • Reuters

Marketmind: One Investor’s Rebound Is Another’s Bear Rally

The Cheap InvestorMay 30, 20220

A look at the day ahead in markets from Julien Ponthus. What a difference a week makes! With the Dow…

  • AP
  • Headlines

War in Ukraine adds to food price hikes, hunger in Africa

The Cheap InvestorMay 30, 2022May 31, 20220

MOGADISHU, Somalia (AP) — It now costs Ayan Hassan Abdirahman twice as much as it did just a few months…

Foxtons Replaces CEO Amid Rising Pressure From Activist Investors - Sky News (May 29)
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  • Reuters

Foxtons Replaces CEO Amid Rising Pressure From Activist Investors – Sky News (May 29)

The Cheap InvestorMay 30, 20220

(In paragraph 4, corrects “Chestertons’ appointment” to “Gittins’ appointment”) (Reuters) -London-based real estate agent Foxtons Group has decided to appoint…

  • AP
  • Headlines

Global stocks rise after Wall St breaks string of declines

The Cheap InvestorMay 30, 2022May 30, 20220

BEIJING (AP) — Global stocks and U.S. futures rose Monday after Wall Street rebounded from a seven-week string of declines…

Former Exec Sues CIBC For $1 Million Over Sexual, Racial Discrimination
  • Headlines
  • Reuters

Former Exec Sues CIBC For $1 Million Over Sexual, Racial Discrimination

The Cheap InvestorMay 30, 20220

By Iain Withers LONDON (Reuters) – The London office of one of Canada’s top banks Canadian Imperial Bank of Commerce…

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