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May 11, 2023

  • Business
  • US

U.S. safety board investigating new Norfolk Southern derailment in Pennsylvania

The Cheap InvestorMay 11, 2023May 11, 20230

By David Shepardson (Reuters) -The National Transportation Safety Board (NTSB) said on Thursday it is investigating the derailment of a…

  • Business
  • Economy

Italian steelmaker Feralpi invites banks to pitch for IPO role –sources

The Cheap InvestorMay 11, 20230

By Elisa Anzolin and Pablo Mayo Cerqueiro MILAN/LONDON (Reuters) – Italian steelmaker Feralpi Group is sounding out investment banks to…

  • Business

Brazil’s Petrobras to pay $5 billion in dividends, but hints at changes

The Cheap InvestorMay 11, 2023May 11, 20230

SAO PAULO (Reuters) -Brazil’s state-run oil company Petrobras said on Thursday its board approved dividends later this year of about…

  • Business
  • Environment

Coal-fired power fleet in US to halve by 2050, EIA projects

The Cheap InvestorMay 11, 2023May 11, 20230

(Reuters) – The capacity of coal-fired power plants in the United States by 2050 will decline by more than half…

  • Asia
  • Australia

Dollar stronger as market rethinks monetary policy outlook

The Cheap InvestorMay 11, 2023May 11, 20230

By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Thursday and set…

  • Business
  • Europe

US State Department approves potential sale of Chinook helicopters to Germany, Pentagon says

The Cheap InvestorMay 11, 2023May 11, 20230

By Mike Stone WASHINGTON (Reuters) – The U.S. State Department has approved the potential sale of CH-47F Chinook helicopters and…

  • Business
  • Economy

ECB’s de Guindos singles out services as top inflation worry

The Cheap InvestorMay 11, 2023May 11, 20230

By Joan Faus BARCELONA (Reuters) – European Central Bank Vice President Luis de Guindos on Thursday singled out the rising…

  • Asia
  • Economy

Why the US delayed China sanctions after shooting down a spy balloon

The Cheap InvestorMay 11, 2023May 11, 20230

By Michael Martina WASHINGTON (Reuters) -When an alleged Chinese spy balloon traversed the United States in February, some U.S. officials…

  • Environment
  • Politics

Biden’s EPA proposes crackdown on power plant carbon emissions

The Cheap InvestorMay 11, 2023May 11, 20230

By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Thursday unveiled a sweeping plan to slash greenhouse gas emissions from…

  • Asia
  • Business

Oil falls 2% on weak US and Chinese economic data

The Cheap InvestorMay 11, 2023May 11, 20230

By Scott DiSavino NEW YORK (Reuters) -Oil prices fell about 2% to a one-week low on Thursday as a political…

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