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May 2022

Russia's Avtovaz Names Ex-transport Minister As CEO After Renault Exit
  • Headlines
  • Reuters

Russia’s Avtovaz Names Ex-transport Minister As CEO After Renault Exit

The Cheap InvestorMay 23, 20220

(Reuters) – Russia’s top carmaker Avtovaz said on Monday it had appointed former transport minister Maxim Sokolov as its new…

Bank Of America Raises Hourly Minimum Wage To $22
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  • Reuters

Bank Of America Raises Hourly Minimum Wage To $22

The Cheap InvestorMay 23, 20220

By Elizabeth Dilts Marshall NEW YORK (Reuters) – Bank of America Corp said it was raising its U.S. minimum hourly…

  • AP
  • Headlines

‘They ruined everything’: Fleeing the devastation in Ukraine

The Cheap InvestorMay 23, 2022May 23, 20220

POKROVSK, Ukraine (AP) — Houses on fire. Artillery blasting through thick apartment walls. People hiding in basements without electricity, water…

ECB Likely To Get Out Of Negative Rates By September, Lagarde Says
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  • Reuters

ECB Likely To Get Out Of Negative Rates By September, Lagarde Says

The Cheap InvestorMay 23, 20220

FRANKFURT (Reuters) -The European Central Bank is likely to lift its deposit rate out of negative territory by the end…

  • AP
  • Headlines

Zelenskyy urges ‘maximum’ sanctions on Russia in Davos talk

The Cheap InvestorMay 23, 2022May 24, 20220

DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to…

Rouble Firms, Heading Back Towards Multi-year Highs Vs Dollar, Euro
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  • Reuters

Rouble Firms, Heading Back Towards Multi-year Highs Vs Dollar, Euro

The Cheap InvestorMay 23, 20220

(Reuters) – The Russian rouble strengthened on Monday, heading back towards multi-year highs hit against the dollar and euro last…

  • AP
  • Headlines

Davos updates | IMF chief says global recession not expected

The Cheap InvestorMay 23, 2022May 23, 20220

DAVOS, Switzerland (AP) — The managing director of the International Monetary Fund says a global recession isn’t in the cards…

  • AP
  • Headlines

Wall Street ends higher following 7 straight weeks of losses

The Cheap InvestorMay 23, 2022May 23, 20220

NEW YORK (AP) — Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the…

Indonesia Policy Uncertainty Hampers Resumption Of Palm Oil Exports
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  • Reuters

Indonesia Policy Uncertainty Hampers Resumption Of Palm Oil Exports

The Cheap InvestorMay 23, 20220

JAKARTA (Reuters) -Indonesia allowed a resumption of palm oil exports from Monday after a three-week ban, but shipments were not…

  • Headlines
  • Reuters

Cold Beer To Your Door: Brewers In Latin America Go Direct

The Cheap InvestorMay 23, 20220

By Paulo Lopes and Philip Blenkinsop SAO PAULO/BRUSSELS (Reuters) – With COVID-19 lockdowns normalising home delivery of everything from fast…

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