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July 2022

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US seeks focus on ‘urgent’ needs of Ukraine at Swiss meeting

The Cheap InvestorJuly 5, 2022July 5, 20220

LUGANO, Switzerland (AP) — A top U.S. diplomat on Tuesday urged allies of Ukraine to help the war-battered country meet…

  • AP
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Bank of England: Crypto crashes show need for tougher rules

The Cheap InvestorJuly 5, 2022July 5, 20220

LONDON (AP) — The Bank of England warned Tuesday that recent cryptocurrency meltdowns that wiped out more then $2 trillion…

Russia's Potanin Weighs $60 Billion Metals Merger As Defence Against Sanctions
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  • Reuters

Russia’s Potanin Weighs $60 Billion Metals Merger As Defence Against Sanctions

The Cheap InvestorJuly 5, 20220

(Reuters) -Russian businessman Vladimir Potanin has said he is ready to discuss a possible merger between his mining group Nornickel…

Wall Street Pushes Up Exxon Forecasts As Refining Margins Soar
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  • Reuters

Wall Street Pushes Up Exxon Forecasts As Refining Margins Soar

The Cheap InvestorJuly 5, 20220

HOUSTON (Reuters) – Wall Street analysts sharply increased their Exxon Mobil’s second quarter profit estimates after a securities filing showed…

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Spain boosts military spending to close gap with NATO goal

The Cheap InvestorJuly 5, 2022July 5, 20220

BARCELONA, Spain (AP) — Spain is increasing military spending as it works toward meeting a NATO commitment by dedicating 2%…

Uber Continues Global Expansion With Launch In Israel
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Uber Continues Global Expansion With Launch In Israel

The Cheap InvestorJuly 5, 20220

JERUSALEM (Reuters) – Uber Technologies Inc said it was launching its ride-hailing and platform in Israel by connecting to a…

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Alleged Chinese police database hack leaks data of 1 billion

The Cheap InvestorJuly 5, 2022July 6, 20220

HONG KONG (AP) — Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai…

Consumer Belt Tightening Hobbles Demand For Solder Metal Tin
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  • Reuters

Consumer Belt Tightening Hobbles Demand For Solder Metal Tin

The Cheap InvestorJuly 5, 20220

By Pratima Desai LONDON (Reuters) – Recession worries and consumer belt tightening have hit demand for electronic goods, which is…

Bank Of England Tells Lenders To Brace For Economic Storm
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  • Reuters

Bank Of England Tells Lenders To Brace For Economic Storm

The Cheap InvestorJuly 5, 20220

By Andy Bruce and Huw Jones LONDON (Reuters) -The Bank of England warned on Tuesday that the economic prospects for…

AstraZeneca To Buy Biotech Firm TeneoTwo For Up To $1.27 Billion
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  • Reuters

AstraZeneca To Buy Biotech Firm TeneoTwo For Up To $1.27 Billion

The Cheap InvestorJuly 5, 20220

(Reuters) -AstraZeneca agreed to acquire biotechnology firm TeneoTwo Inc in a deal worth up to $1.27 billion on Tuesday, in…

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