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May 2023

  • Asia
  • Business

Elon Musk scheduled to visit Tesla’s Shanghai plant on Weds night – sources

The Cheap InvestorMay 31, 2023May 31, 20230

SHANGHAI (Reuters) – Elon Musk is scheduled to travel to Tesla’s Shanghai factory on Wednesday night to meet with staff…

  • Business

Canada’s Q1 growth outperforms, increases odds for rate hike

The Cheap InvestorMay 31, 2023May 31, 20230

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy expanded faster than expected in the first quarter and likely…

  • Business
  • Technology

AI boom triples valuation of Lightmatter, US startup using light for computing

The Cheap InvestorMay 31, 2023May 31, 20230

By Jane Lanhee Lee OAKLAND, California (Reuters) – Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday…

  • Business
  • Economy

Default wave imminent, will peak in 2024- Deutsche Bank

The Cheap InvestorMay 31, 2023May 31, 20230

LONDON (Reuters) – A wave of debt defaults by companies in the United States and Europe is imminent, due in…

  • Business
  • Economy

U.S. job openings rise to 10.103 million in April

The Cheap InvestorMay 31, 2023May 31, 20230

May 31 (Reuters) – U.S. Labor Department report of job openings and labor turnover, seasonally adjusted. Rates (percent) Apr 2023…

  • Economy
  • Politics

Debt ceiling bill will pass, No. 3 U.S. House Republican says

The Cheap InvestorMay 31, 2023May 31, 20230

(Corrects to describe bill as bipartisan, not Republican) WASHINGTON (Reuters) – The U.S. House of Representatives will have the votes…

  • Business
  • Economy

U.S. House Speaker McCarthy vows debt ceiling bill to become law

The Cheap InvestorMay 31, 2023May 31, 20230

WASHINGTON (Reuters) – The bipartisan debt ceiling bill will become law, U.S. House of Representatives Speaker Kevin McCarthy said on…

  • Middle East
  • Science

Private astronaut crew, including first Arab woman in orbit, returns from space station

The Cheap InvestorMay 31, 2023May 31, 20230

By Steve Gorman (Reuters) -An all-private astronaut team of two Americans and two Saudis, including the first Arab woman sent…

  • Economy
  • Europe

Turkish central bank signals to banks it may soften measures -bankers

The Cheap InvestorMay 31, 2023May 31, 20230

By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank signalled at a meeting with senior bankers that it would respond…

  • Headlines
  • Reuters

Mexico’s Femsa To Sell Stake In Jetro For $1.4 Billion- Statement

The Cheap InvestorMay 31, 20230

MEXICO CITY (Reuters) – Mexican retail and bottling giant Femsa said Wednesday it had reached a “definitive” agreement to sell…

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