BusinessPolitics US Senate panel advances rail safety bill spurred by Ohio derailment The Cheap InvestorMay 11, 2023May 11, 20230 By David Shepardson WASHINGTON (Reuters) -A U.S. Senate panel on Wednesday approved rail safety legislation that tightens rules on trains…
AsiaAustralia Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics The Cheap InvestorMay 11, 2023May 11, 20230 By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan,…
Business Blackstone, Apollo were among about 20 bidders for SVB’s assets The Cheap InvestorMay 11, 2023May 11, 20230 (This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph…
AfricaEurope 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…
AsiaPolitics 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…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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…
HeadlinesReuters 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…
AsiaBusiness 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…