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2022

  • AP
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Running Twitter may be much harder than Elon Musk thinks

The Cheap InvestorMay 11, 2022May 12, 20220

On Tuesday, Elon Musk said he would reverse Twitter’s ban of former President Donald Trump, who was booted in January…

Philip Morris Bids $16 Billion For Swedish Match In Quest For Alternatives To Cigarettes
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  • Reuters

Philip Morris Bids $16 Billion For Swedish Match In Quest For Alternatives To Cigarettes

The Cheap InvestorMay 11, 20220

STOCKHOLM (Reuters) -Marlboro-maker Philip Morris International Inc (PMI) said on Wednesday it was making a recommended cash offer to buy…

Panasonic Keeps Profit Outlook Flat Amid Price Rises, Component Shortages
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  • Reuters

Panasonic Keeps Profit Outlook Flat Amid Price Rises, Component Shortages

The Cheap InvestorMay 11, 20220

TOKYO (Reuters) – Panasonic Corp on Wednesday said it expects operating profit growth to be flat this business year as…

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Asian shares track technology-led sell-off on Wall Street

The Cheap InvestorMay 11, 2022May 12, 20220

Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology…

Japan's Takeda Forecasts Rebound Despite Full-year Profit Drop
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  • Reuters

Japan’s Takeda Forecasts Rebound Despite Full-year Profit Drop

The Cheap InvestorMay 11, 20220

TOKYO (Reuters) -Japan’s Takeda Pharmaceutical Co said on Wednesday its 12-month operating profit slid 9.5%, although the country’s largest drugmaker…

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US inflation dips from 4-decade high but still causing pain

The Cheap InvestorMay 11, 2022May 12, 20220

WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making…

Tesla Makes First Shipment Of Cars From Reopened Shanghai Plant - Media
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  • Reuters

Tesla Makes First Shipment Of Cars From Reopened Shanghai Plant – Media

The Cheap InvestorMay 11, 20220

(Fixes paragraph 2 spelling of Glovis Splendor) SHANGHAI (Reuters) -Tesla Inc sent out a shipment of 4,767 cars from its…

Does The Cryptocurrency Crash Pose A Threat To The Financial System?
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  • Reuters

Does The Cryptocurrency Crash Pose A Threat To The Financial System?

The Cheap InvestorMay 11, 20220

By Hannah Lang WASHINGTON (Reuters) – On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months,…

Toyota Warns Annual Profit To Skid 20% On Materials, Logistics Costs
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  • Reuters

Toyota Warns Annual Profit To Skid 20% On Materials, Logistics Costs

The Cheap InvestorMay 11, 20220

By Satoshi Sugiyama TOKYO (Reuters) -Toyota Motor Corp warned that operating earnings this year could slump by a fifth “due…

Vietnam's Vinfast IPO May Be Delayed To 2023 On Market Uncertainty
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  • Reuters

Vietnam’s Vinfast IPO May Be Delayed To 2023 On Market Uncertainty

The Cheap InvestorMay 11, 20220

HANOI (Reuters) – The chairman of Vietnam’s Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the…

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