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February 2023

U.S. Seeks $175,000 Fine From SpaceX Over Failure To Submit Starlink Data
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  • Reuters

U.S. Seeks $175,000 Fine From SpaceX Over Failure To Submit Starlink Data

The Cheap InvestorFebruary 17, 20230

WASHINGTON (Reuters) – The Federal Aviation Administration (FAA) on Friday proposed a $175,000 civil penalty against SpaceX for failing to…

Dollar Hits Six-week High As Traders Ramp Up Fed Bets
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Dollar Hits Six-week High As Traders Ramp Up Fed Bets

The Cheap InvestorFebruary 17, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar hit a six-week high against a basket of currencies on Friday…

Safran CEO Says Supply Chain Will Drive Jet Output Hike
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Safran CEO Says Supply Chain Will Drive Jet Output Hike

The Cheap InvestorFebruary 17, 20230

PARIS (Reuters) – French jet engine maker Safran on Friday backed plans by Airbus to raise its core single-aisle production…

Mercedes-Benz Eyes More Direct Sales Amid Earnings Pressure
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Mercedes-Benz Eyes More Direct Sales Amid Earnings Pressure

The Cheap InvestorFebruary 17, 20230

By Victoria Waldersee STUTTGART (Reuters) -Mercedes-Benz Group on Friday warned of lower earnings this year amid economic uncertainty, and said…

Steep Levies On Russian Aluminium Could Threaten U.S. Nickel Supply
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Steep Levies On Russian Aluminium Could Threaten U.S. Nickel Supply

The Cheap InvestorFebruary 17, 20230

By Pratima Desai LONDON (Reuters) – Russia is likely to limit exports of key metals such as nickel and palladium…

Bailed-out Gas Trader Uniper Flags Recovery After 'watershed Year'
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Bailed-out Gas Trader Uniper Flags Recovery After ‘watershed Year’

The Cheap InvestorFebruary 17, 20230

By Christoph Steitz, Tom Käckenhoff and Vera Eckert FRANKFURT/DUESSELDORF (Reuters) -Germany’s Uniper expects profits to recover this year from a…

Hermes Beats Forecasts On Robust Growth In China, U.S.
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Hermes Beats Forecasts On Robust Growth In China, U.S.

The Cheap InvestorFebruary 17, 20230

By Mimosa Spencer and Ingrid Melander PARIS (Reuters) – Birkin bagmaker Hermes said that wealthy Chinese clients snapped up its…

U.S. Tries To Woo India Away From Russia With Display Of F-35s, Bombers
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U.S. Tries To Woo India Away From Russia With Display Of F-35s, Bombers

The Cheap InvestorFebruary 17, 20230

By Krishn Kaushik BENGALURU – The United States brought its most advanced fighter jet, the F-35, to India for the…

With Japan's New Central Bank Boss, Kishida Bids Farewell To Abenomics
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With Japan’s New Central Bank Boss, Kishida Bids Farewell To Abenomics

The Cheap InvestorFebruary 17, 20230

By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – For Prime Minister Fumio Kishida, Japan’s next central bank chief had…

China's Lenovo Q3 Revenue Tumbles 24% As PC Demand Slumps
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  • Reuters

China’s Lenovo Q3 Revenue Tumbles 24% As PC Demand Slumps

The Cheap InvestorFebruary 16, 20230

By Josh Ye HONG KONG (Reuters) – China’s Lenovo Group Ltd reported a 24% revenue decline for the third quarter,…

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