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July 21, 2022

  • AP
  • Headlines

Europe’s central bank backs larger-than-expected rate hike

The Cheap InvestorJuly 21, 2022July 22, 20220

FRANKFURT, Germany (AP) — The European Central Bank raised interest rates Thursday for the first time in 11 years by…

ECB's Time To Hike, Italy's Time For More Instability
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  • Reuters

ECB’s Time To Hike, Italy’s Time For More Instability

The Cheap InvestorJuly 21, 20220

A look at the day ahead in markets from Tommy Wilkes. If the European Central Bank’s inflation headache wasn’t bad…

  • AP
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2 contenders battle for Conservative votes in UK leader race

The Cheap InvestorJuly 21, 2022July 21, 20220

LONDON (AP) — The two candidates to become Britain’s next prime minister began a head-to-head battle on Thursday for the…

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  • Headlines

EU imposes more sanctions on Moscow over Ukraine invasion

The Cheap InvestorJuly 21, 2022July 21, 20220

BRUSSELS (AP) — The European Union imposed more sanctions on Russia over the war in Ukraine on Thursday after the…

Opdenergy IPO Expected To Price Shares At Bottom Of Range
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  • Reuters

Opdenergy IPO Expected To Price Shares At Bottom Of Range

The Cheap InvestorJuly 21, 20220

MADRID (Reuters) – The expected price of new shares to be issued by Spanish renewable energy company Opdenergy is 4.75…

Nokia Sees Chip Shortage Easing As Profit Beats Forecasts
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Nokia Sees Chip Shortage Easing As Profit Beats Forecasts

The Cheap InvestorJuly 21, 20220

By Supantha Mukherjee STOCKHOLM (Reuters) – Finnish telecom equipment maker Nokia reported on Thursday quarterly operating profit ahead of market…

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China’s Didi Global fined $1.2 billion for data violations

The Cheap InvestorJuly 21, 2022July 21, 20220

HONG KONG (AP) — China’s internet watchdog on Thursday fined ride-hailing firm Didi Global more than 8 billion yuan ($1.2…

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Italy’s Draghi resigns after government implodes

The Cheap InvestorJuly 21, 2022July 21, 20220

ROME (AP) — Italian Premier Mario Draghi resigned Thursday after key coalition allies boycotted a confidence vote, signaling the likelihood…

Russia's Polymetal To Ramp Up Asia Sales As Revenue Slides
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  • Reuters

Russia’s Polymetal To Ramp Up Asia Sales As Revenue Slides

The Cheap InvestorJuly 21, 20220

MOSCOW (Reuters) – Russian gold and silver producer Polymetal aims to ramp up sales to Asia, it said on Thursday…

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Japan trade deficit grows as oil prices surge, yen drops

The Cheap InvestorJuly 21, 2022July 21, 20220

TOKYO (AP) — Japan’s trade deficit for the first half of this year totaled nearly 8 trillion yen ($58 billion),…

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