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May 12, 2023

  • Top News

Palestinian rockets fired towards Jerusalem, Israel kills militant leader

The Cheap InvestorMay 12, 2023May 12, 20230

By Nidal al-Mughrabi and Ari Rabinovitch GAZA/JERUSALEM (Reuters) – A Palestinian armed group on Friday fired rockets towards Jerusalem for…

  • Business
  • Europe

Big Software AG investor further backs Silver Lake bid

The Cheap InvestorMay 12, 20230

MUNICH (Reuters) – Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that…

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US set to issue $362 million loan for vehicle wiring production

The Cheap InvestorMay 12, 20230

By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department on Friday said it intends to loan California startup CelLink…

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  • Economy

Netflix plans to cut spending by $300 million this year – WSJ

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) – Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on…

  • Business

Third Point’s Loeb no longer considering taking insurer SiriusPoint private

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) -Billionaire investor Daniel Loeb is no longer exploring a potential acquisition of SiriusPoint Ltd, according to a regulatory filing…

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India’s April retail inflation eases to 18-month low on softer food price

The Cheap InvestorMay 12, 2023May 12, 20230

By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below…

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Spanish PM will ask Biden to listen to China, Brazil on Ukraine

The Cheap InvestorMay 12, 2023May 12, 20230

(This May 11 story has been corrected  to remove reference to more weight in paragraph 1) By Belén Carreño MADRID…

HSBC To Pay $75 Million In Penalties To Settle U.S. CFTC Charges
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HSBC To Pay $75 Million In Penalties To Settle U.S. CFTC Charges

The Cheap InvestorMay 12, 20230

By Chris Prentice NEW YORK (Reuters) -Units of HSBC Holdings Plc have agreed to pay $75 million to settle U.S….

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US consumer sentiment drops to six-month low in May

The Cheap InvestorMay 12, 2023May 12, 20230

WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May as a standoff to raise the federal…

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U.S. Postal Service cracking down on rising mail theft

The Cheap InvestorMay 12, 2023May 12, 20230

By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Friday it is taking steps to crack down on…

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