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May 2022

  • AP
  • Headlines

German opposition leader visits Kyiv, Scholz refuses to go

The Cheap InvestorMay 3, 2022May 3, 20220

KYIV, Ukraine (AP) — Germany’s conservative opposition leader traveled to Kyiv on Tuesday for meetings with Ukrainian officials, as Chancellor…

  • AP
  • Headlines

Strong BP profit renews call for energy sector windfall tax

The Cheap InvestorMay 3, 2022May 4, 20220

LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas…

Marathon Petroleum Posts Profit On Robust Refining Margins
  • Headlines
  • Reuters

Marathon Petroleum Posts Profit On Robust Refining Margins

The Cheap InvestorMay 3, 20220

(Reuters) -U.S. refiner Marathon Petroleum posted a first-quarter profit on Tuesday, compared with a loss last year, buoyed by strong…

  • AP
  • Headlines

Change at the top for Biogen after Alzheimer’s drug flops

The Cheap InvestorMay 3, 2022May 3, 20220

Biogen will replace its CEO and largely abandon marketing of its controversial Alzheimer’s drug Aduhelm less than a year after…

KKR's First-quarter Earnings Jump 47% On Strong Asset Sales, Fees
  • Headlines
  • Reuters

KKR’s First-quarter Earnings Jump 47% On Strong Asset Sales, Fees

The Cheap InvestorMay 3, 20220

(Reuters) – Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year,…

  • AP
  • Headlines

Hong Kong economy shrinks 4% under anti-virus controls

The Cheap InvestorMay 3, 2022May 3, 20220

HONG KONG (AP) — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in…

  • AP
  • Headlines

Pfizer profit soars in first quarter, revises 2022 forecast

The Cheap InvestorMay 3, 2022May 3, 20220

COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%. The…

Thomson Reuters Reports Higher First-quarter Revenues And Operating Profit
  • Headlines
  • Reuters

Thomson Reuters Reports Higher First-quarter Revenues And Operating Profit

The Cheap InvestorMay 3, 20220

NEW YORK (Reuters) – Thomson Reuters Corp on Tuesday reported higher revenues and operating profit in the first quarter and…

Russian Retailers In Talks To Import Goods Via Kazakhstan -report
  • Headlines
  • Reuters

Russian Retailers In Talks To Import Goods Via Kazakhstan -report

The Cheap InvestorMay 3, 20220

ALMATY (Reuters) – Russian retailers Magnit and Lenta are in talks with their suppliers and other parties about importing goods…

Russia Looks To Avoid Default After Bond Payments Sent To Creditors
  • Headlines
  • Reuters

Russia Looks To Avoid Default After Bond Payments Sent To Creditors

The Cheap InvestorMay 3, 20220

LONDON (Reuters) – Russia looked poised to swerve a looming sovereign default after overdue payments on two of its sovereign…

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