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October 2022

S.Korean Chat App Kakao's Co-CEO Steps Down After Widespread Outage
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  • Reuters

S.Korean Chat App Kakao’s Co-CEO Steps Down After Widespread Outage

The Cheap InvestorOctober 18, 20220

SEOUL (Reuters) -Kakao Corp’s co-CEO Namkoong Whon has stepped down, the company said on Wednesday, after an outage that shut…

S.Korean Chat App Kakao's Co-CEO Steps Down After Outage, Public Backlash
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  • Reuters

S.Korean Chat App Kakao’s Co-CEO Steps Down After Outage, Public Backlash

The Cheap InvestorOctober 18, 20220

SEOUL (Reuters) -Kakao Corp’s co-CEO Namkoong Whon has stepped down, the company said on Wednesday, after an outage that shut…

  • AP
  • Headlines

Lebanon approves some banking law changes demanded by IMF

The Cheap InvestorOctober 18, 2022October 19, 20220

BEIRUT (AP) — Lebanon’s parliament late Tuesday approved some amendments to a banking secrecy law that has been a key…

ECB To Go Big Again On Oct. 27 With 75 Bps Rate Hike: Reuters Poll
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ECB To Go Big Again On Oct. 27 With 75 Bps Rate Hike: Reuters Poll

The Cheap InvestorOctober 18, 20220

By Jonathan Cable LONDON (Reuters) – The European Central Bank will go for another jumbo 75 basis point increase to…

Kia Shares Edge Up In Choppy Trade After Booking Extra $1.1 Billion Provision
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Kia Shares Edge Up In Choppy Trade After Booking Extra $1.1 Billion Provision

The Cheap InvestorOctober 18, 20220

SEOUL (Reuters) -Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on…

  • AP
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Biden to release 15M barrels from oil reserve, more possible

The Cheap InvestorOctober 18, 2022October 20, 20220

WASHINGTON (AP) — President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic…

Washington Plays Hardball With Chevron's Venezuela License Over Mexico Talks
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Washington Plays Hardball With Chevron’s Venezuela License Over Mexico Talks

The Cheap InvestorOctober 18, 20220

By Marianna Parraga and Matt Spetalnick WASHINGTON (Reuters) -U.S. officials have made clear that allowing oil major Chevron to expand…

U.S. Approves Delta, United Bids To Delay Restart Of Havana Flights
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U.S. Approves Delta, United Bids To Delay Restart Of Havana Flights

The Cheap InvestorOctober 18, 20220

WASHINGTON (Reuters) – The U.S. Transportation Department (USDOT) on Tuesday said it would allow Delta Air Lines and United Airlines…

United Airlines Sees Stronger Profit After Third-quarter Earnings Top Estimates
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United Airlines Sees Stronger Profit After Third-quarter Earnings Top Estimates

The Cheap InvestorOctober 18, 20220

By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Holdings on Tuesday reported higher-than-expected third-quarter earnings and forecast a stronger profit…

  • AP
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United Airlines reaps $942 million profit on strong summer

The Cheap InvestorOctober 18, 2022October 18, 20220

United Airlines earned $942 million in the third quarter as vacationers paid higher fares and packed planes over the summer,…

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