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January 2023

China's Dec Services Sector Extends Declines As COVID Cases Surge - Caixin PMI
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China’s Dec Services Sector Extends Declines As COVID Cases Surge – Caixin PMI

The Cheap InvestorJanuary 4, 20230

BEIJING (Reuters) – China’s services activity shrank in December as surging COVID infections hit demand, a private-sector survey showed on…

U.S. Judge Says Celsius Network Owns Most Customer Crypto Deposits
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U.S. Judge Says Celsius Network Owns Most Customer Crypto Deposits

The Cheap InvestorJanuary 4, 20230

By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge ruled on Wednesday that Celsius Network owns most of the cryptocurrency…

Amazon To Lay Off Over 17,000 Workers - WSJ
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Amazon To Lay Off Over 17,000 Workers – WSJ

The Cheap InvestorJanuary 4, 20230

(Reuters) – Amazon.com Inc is planning to lay off more than 17,000 workers, 7,000 more than initially expected, the Wall…

Green Bonds Are Set To Drive Corporate ESG Debt Out Of Slump In 2023 -Barclays
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Green Bonds Are Set To Drive Corporate ESG Debt Out Of Slump In 2023 -Barclays

The Cheap InvestorJanuary 4, 20230

By Isla Binnie NEW YORK (Reuters) – Global sales of corporate bonds with environmental, social and governance (ESG) targets will…

Trader Joe's Is Sued Over Lead, Cadmium Levels In Dark Chocolate
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Trader Joe’s Is Sued Over Lead, Cadmium Levels In Dark Chocolate

The Cheap InvestorJanuary 4, 20230

By Jonathan Stempel NEW YORK (Reuters) – Trader Joe’s was sued on Wednesday by a consumer who accused the grocery…

Kashkari Sees Fed's Target Interest Rate Peaking At 5.4%
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Kashkari Sees Fed’s Target Interest Rate Peaking At 5.4%

The Cheap InvestorJanuary 4, 20230

(Reuters) – The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it…

With Big Bets On Musk, These Funds May Have A Tesla Problem In '23
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With Big Bets On Musk, These Funds May Have A Tesla Problem In ’23

The Cheap InvestorJanuary 4, 20230

By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund…

French Privacy Watchdog Fines Apple Over Personalised Ads
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French Privacy Watchdog Fines Apple Over Personalised Ads

The Cheap InvestorJanuary 4, 20230

PARIS (Reuters) – France’s privacy watchdog CNIL on Wednesday said it had imposed an 8 million euro ($8.49 million) fine…

Wall St Reverses Losses As Focus Turns To Fed Minutes
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Wall St Reverses Losses As Focus Turns To Fed Minutes

The Cheap InvestorJanuary 4, 20230

By Amruta Khandekar and Ankika Biswas (Reuters) -Wall Street’s main indexes reversed early losses on Wednesday, as investors looked past…

Stellantis To Build U.S. Firm Archer's Air Taxi
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Stellantis To Build U.S. Firm Archer’s Air Taxi

The Cheap InvestorJanuary 4, 20230

By Gilles Guillaume PARIS (Reuters) – Car maker Stellantis will help build Archer Aviation’s electric aircraft Midnight eVTOL and increase…

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