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February 2023

Adani Loses Asia's Richest Crown As Stock Rout Deepens To $86 Billion
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  • Reuters

Adani Loses Asia’s Richest Crown As Stock Rout Deepens To $86 Billion

The Cheap InvestorFebruary 1, 20230

By Chris Thomas and Aditya Kalra BENGALURU (Reuters) – Shares in Indian tycoon Gautam Adani’s conglomerate plunged again on Wednesday…

Biden Moves To Slash U.S. Credit Card Fees, App Charges
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  • Reuters

Biden Moves To Slash U.S. Credit Card Fees, App Charges

The Cheap InvestorFebruary 1, 20230

By Douglas Gillison WASHINGTON (Reuters) – The White House on Wednesday was due to announce fresh efforts to slash credit…

Polish Competition Watchdog Accuses Amazon EU Of Misleading Consumers
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Polish Competition Watchdog Accuses Amazon EU Of Misleading Consumers

The Cheap InvestorFebruary 1, 20230

GDANSK (Reuters) -Poland’s competition watchdog has accused e-commerce firm Amazon’s European unit of misleading sales and delivery practices, the Office…

  • Business
  • Economy

Currency fluctuations’ impact on N. American cos rose sharply in Q3 -report

The Cheap InvestorFebruary 1, 2023February 1, 20230

NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results rose sharply again in the…

GSK Beats Expectations, Shingles Vaccine Bolsters Outlook
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GSK Beats Expectations, Shingles Vaccine Bolsters Outlook

The Cheap InvestorFebruary 1, 20230

By Maggie Fick and Natalie Grover (Reuters) – GSK on Wednesday beat fourth-quarter profit and sales forecasts helped by sales…

  • Asia
  • Business

Chinese investors pivot to stocks from bonds on recovery hopes – funds report

The Cheap InvestorFebruary 1, 2023February 1, 20230

SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for…

ABB Places Second Block Of E-Mobility Shares Ahead Of Float
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ABB Places Second Block Of E-Mobility Shares Ahead Of Float

The Cheap InvestorFebruary 1, 20230

ZURICH (Reuters) – ABB has raised 325 million Swiss francs ($355 million) from selling a further part of its electric…

Novartis Says Operating Profit To Grow Again In 2023
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Novartis Says Operating Profit To Grow Again In 2023

The Cheap InvestorFebruary 1, 20230

By Ludwig Burger BASEL (Reuters) -Swiss drugmaker Novartis on Wednesday predicted that core operating income would grow in a “mid…

U.S. Remains Biggest Destination For German Exports For Eighth Year In A Row
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U.S. Remains Biggest Destination For German Exports For Eighth Year In A Row

The Cheap InvestorFebruary 1, 20230

BERLIN (Reuters) – The United States remained the most important destination for German exports in 2022 for the eighth consecutive…

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