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May 11, 2023

  • Africa
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Pope Francis recognises 21 Copts beheaded by Islamic State as martyrs

The Cheap InvestorMay 11, 2023May 11, 20230

By Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Thursday announced that 21 Coptic Orthodox Christians beheaded by Islamic…

  • Asia
  • Politics

What is the corruption case against Pakistan’s Khan?

The Cheap InvestorMay 11, 2023May 11, 20230

By Asif Shahzad (Reuters) -Pakistan’s former Prime Minister Imran Khan was arrested on Tuesday by an anti-graft agency on corruption…

  • Business
  • Economy

Shooting at German Mercedes plant kills two; production halted

The Cheap InvestorMay 11, 2023May 11, 20230

By Christina Amann and Ilona Wissenbach BERLIN (Reuters) -A shooting at a Mercedes-Benz plant in the city of Sindelfingen in…

  • Business
  • Economy

Amsterdam bans fast-delivery grocery hubs from residential areas

The Cheap InvestorMay 11, 2023May 11, 20230

By Charlotte Van Campenhout AMSTERDAM (Reuters) -Amsterdam is banning fast-delivery grocery companies from setting up so-called dark stores in residential…

  • Business
  • Economy

Fed’s Kashkari says tight monetary policy may be needed for ‘extended’ time

The Cheap InvestorMay 11, 2023May 11, 20230

By Ann Saphir (Reuters) – An extended period of high interest rates and an inverted yield curve could put more…

Citgo Posts $937 Million First Quarter Profit On Strong Margins
  • Headlines
  • Reuters

Citgo Posts $937 Million First Quarter Profit On Strong Margins

The Cheap InvestorMay 11, 20230

HOUSTON (Reuters) – Refiner Citgo Petroleum Corp has reported first quarter net profit of $937 million on strong motor fuel…

  • Asia
  • Business

Volvo Cars delays EX90 production start

The Cheap InvestorMay 11, 2023May 11, 20230

COPENHAGEN (Reuters) -Sweden-based Volvo Cars has delayed the start of production of its new Volvo EX90 model for more software…

  • Economy

Slump in China bank loans, prices raise more worries about recovery, adds pressure on central bank

The Cheap InvestorMay 11, 2023May 11, 20230

By Qiaoyi Li and Kevin Yao BEIJING (Reuters) -New Chinese bank loans tumbled far more sharply than expected in April,…

  • Business
  • Economy

Prada’s first-quarter sales up 22% on strong Asia, Europe growth

The Cheap InvestorMay 11, 2023May 11, 20230

MILAN (Reuters) -Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros ($1.17 billion),…

  • Economy
  • Europe

Buoyed by sale of small state assets, Ukraine eyes bigger sell-off

The Cheap InvestorMay 11, 2023May 11, 20230

By Olena Harmash KYIV (Reuters) – Ukraine raised record proceeds from selling small state assets in the first quarter of…

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