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August 12, 2022

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Kenya media council: ‘No one’ asked to stop election tallies

The Cheap Investor3 years ago3 years ago03 mins

NAIROBI, Kenya (AP) — The head of Kenya’s government-created media council says local media outlets haven’t been asked to stop their counting of presidential election results after observers noticed a dramatic slowdown in reporting on the close contest. Media Council of Kenya CEO David Omwoyo told The Associated Press on Friday that “no one has…

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Wall Street headed for 4-week streak of gains

The Cheap Investor3 years ago3 years ago03 mins

Stocks rose broadly in afternoon trading on Wall Street Friday and added to weekly gains for the major indexes. The S&P 500 rose 1.3% as of 2:32 p.m. Eastern with about 90% of stocks in the benchmark index gaining ground. It’s on track for its first 4-week winning streak since last year. The Dow Jones…

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Oil Prices Set For Weekly Climb, But Cloudy Outlook Caps Gains
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  • Reuters

Oil Prices Set For Weekly Climb, But Cloudy Outlook Caps Gains

The Cheap Investor3 years ago02 mins

By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices inched higher on Friday, with benchmark contracts headed for a weekly climb as recession fears eased, though an uncertain demand outlook capped gains. Brent crude futures rose 23 cents, or 0.2%, to $99.83 a barrel at 0736 GMT, while U.S. West Texas Intermediate (WTI) crude…

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Dairy farm in Ukraine’s Donbas region struggles to survive

The Cheap Investor3 years ago3 years ago04 mins

DMYTRIVKA, Ukraine (AP) — One of the last working dairy farms on Ukrainian-controlled territory in the eastern Donbas region is doing everything it can to stay afloat in a place where neither workers nor animals are safe from Russia’s devastating war. Only around 200 head of cattle remain of the nearly 1,300 kept at the…

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European drought dries up rivers, kills fish, shrivels crops

The Cheap Investor3 years ago3 years ago07 mins

LUX, France (AP) — Once, a river ran through it. Now, white dust and thousands of dead fish cover the wide trench that winds amid rows of trees in France’s Burgundy region in what was the Tille River in the village of Lux. From dry and cracked reservoirs in Spain to falling water levels on…

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Google To Pay $42.7 Million In Penalties For Misleading Users - Australian Watchdog
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  • Reuters

Google To Pay $42.7 Million In Penalties For Misleading Users – Australian Watchdog

The Cheap Investor3 years ago01 mins

(Reuters) – Australia’s competition watchdog said on Friday that Alphabet Inc’s Google unit was ordered by the country’s federal court to pay A$60 million ($42.7 million) in penalties for misleading users on collection of personal data. ($1 = 1.4055 Australian dollars) (Reporting by Navya Mittal in Bengaluru; Editing by Sriraj Kalluvila)

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Malaysia's Economy Jumps In Q2 But Slower Growth Expected
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Malaysia’s Economy Jumps In Q2 But Slower Growth Expected

The Cheap Investor3 years ago02 mins

By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and resilient exports, but a slowdown in global growth is expected to pose a risk to the outlook for the rest of 2022. Gross domestic product (GDP) in…

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Malaysia Q2 GDP Grows At Fastest Annual Pace In A Year
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Malaysia Q2 GDP Grows At Fastest Annual Pace In A Year

The Cheap Investor3 years ago02 mins

By Rozanna Latiff KUALA LUMPUR (Reuters) – Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and resilient exports. Gross domestic product (GDP) in April-June surged 8.9% from a year earlier, the central bank said. This was faster than the 6.7% growth forecast…

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South Korea to pardon Samsung’s Lee, other corporate giants

The Cheap Investor3 years ago3 years ago05 mins

SEOUL, South Korea (AP) — Samsung’s de-facto leader secured a pardon Friday of his conviction for bribing a former president in a corruption scandal that toppled a previous South Korean government, an act of leniency that underscored the tech company’s huge influence in the nation. Lee Jae-yong’s pardon is partially symbolic since he was released…

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