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May 2023

  • Business
  • Politics

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…

  • Asia
  • Australia

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…

  • Africa
  • Europe

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…

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