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May 2022

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Yellen warns Europeans about working with China, urges unity

The Cheap InvestorMay 17, 2022May 17, 20220

BRUSSELS (AP) — Even as Western allies grapple with how to counter Russia’s assault on Ukraine, U.S. Treasury Secretary Janet…

Home Depot Raises Annual Sales Forecast On Steady Demand
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  • Reuters

Home Depot Raises Annual Sales Forecast On Steady Demand

The Cheap InvestorMay 17, 20220

(Reuters) – Home Depot Inc increased its full-year sales forecast on Tuesday as demand for home improvement tools and building…

  • AP
  • Headlines

Censure vote vs Sri Lankan leader fails as crisis simmers

The Cheap InvestorMay 17, 2022May 17, 20220

COLOMBO, Sri Lanka (AP) — Sri Lanka’s ruling party on Tuesday defeated a move in Parliament to urgently debate a…

Why Indonesia's Palm Oil Export Ban Has Not Cooled Cooking Oil Prices
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  • Reuters

Why Indonesia’s Palm Oil Export Ban Has Not Cooled Cooking Oil Prices

The Cheap InvestorMay 17, 20220

By Bernadette Christina and Fransiska Nangoy (Reuters) – Indonesia, the world’s biggest palm oil exporter, has since April 28 halted…

India To Allow Wheat Shipments Awaiting Customs Clearance
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  • Reuters

India To Allow Wheat Shipments Awaiting Customs Clearance

The Cheap InvestorMay 17, 20220

NEW DELHI (Reuters) -India will allow overseas wheat shipments awaiting customs clearance, the government said on Tuesday, introducing some relaxation…

Beijing's Retail, Industry Upended By COVID Restrictions
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  • Reuters

Beijing’s Retail, Industry Upended By COVID Restrictions

The Cheap InvestorMay 17, 20220

BEIJING (Reuters) – The economy of China’s capital Beijing took a hit in April as authorities wrestled with a new…

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Musk wars with Twitter over his buyout deal – on Twitter

The Cheap InvestorMay 17, 2022May 18, 20220

Tesla CEO Elon Musk promised that taking over Twitter would enable him to rid the social media platform of its…

Rouble Reverses Rally As Russia Eases Capital Controls
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  • Reuters

Rouble Reverses Rally As Russia Eases Capital Controls

The Cheap InvestorMay 17, 20220

(Reuters) – The Russian rouble weakened on Tuesday, stepping away from near five-year highs against the euro, after the central…

Imperial Brands Says No 'buyback' Clause In Russia Exit
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  • Reuters

Imperial Brands Says No ‘buyback’ Clause In Russia Exit

The Cheap InvestorMay 17, 20220

By Richa Naidu LONDON (Reuters) – Imperial Brands said on Tuesday the terms of its recent agreement to exit Russia…

Woodside Sees Slim Risk Of Big Share Selloff By BHP Investors
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  • Reuters

Woodside Sees Slim Risk Of Big Share Selloff By BHP Investors

The Cheap InvestorMay 17, 20220

By Sonali Paul MELBOURNE (Reuters) – Woodside Petroleum does not expect heavy selling of the company’s shares by BHP Group…

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