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May 2023

  • Business
  • Economy

HSBC quashes Ping An-backed protest vote at annual meeting

The Cheap InvestorMay 5, 2023May 5, 20230

By Lawrence White and Iain Withers BIRMINGHAM, England (Reuters) -HSBC soundly defeated a bid to break-up the bank and spin-out…

  • Business
  • US

Analysis-Icahn’s mark-up of meat packager extraordinary but possible, experts say

The Cheap InvestorMay 5, 2023May 5, 20230

By Koh Gui Qing NEW YORK (Reuters) – As investors and financial experts pored over Hindenburg Research’s allegations against activist…

  • Business
  • Economy

Broadcom CEO seeks to convince EU on $61 billion VMware deal

The Cheap InvestorMay 5, 2023May 5, 20230

By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom’s Chief Executive Hock Tan on Friday will try to convince…

  • Environment
  • Politics

U.S. settles landmark Alabama environmental justice case

The Cheap InvestorMay 5, 2023May 5, 20230

By Andrew Hay (Reuters) – Alabama authorities discriminated against Black residents of a rural county by denying access to adequate…

FTX Gets Approval For LedgerX Sale, Asserts $3.9 Billion Genesis Claim
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  • Reuters

FTX Gets Approval For LedgerX Sale, Asserts $3.9 Billion Genesis Claim

The Cheap InvestorMay 5, 20230

By Dietrich Knauth (Reuters) – Bankrupt crypto exchange FTX received U.S. bankruptcy court permission on Thursday to sell its LedgerX…

  • Business
  • Economy

FTX gets approval for LedgerX sale, asserts $3.9 billion Genesis claim

The Cheap InvestorMay 5, 2023May 5, 20230

By Dietrich Knauth (Reuters) – Bankrupt crypto exchange FTX received U.S. bankruptcy court permission on Thursday to sell its LedgerX…

  • Business
  • Economy

Berkshire director: Buffett CEO heir an ideal fit, but changeover not imminent

The Cheap InvestorMay 5, 2023May 5, 20230

By Jonathan Stempel OMAHA, Nebraska (Reuters) – One of Berkshire Hathaway Inc’s longest-serving directors said Greg Abel has the ability…

  • Business

Canada’s Magna raises profit forecast as global auto production improves

The Cheap InvestorMay 5, 2023May 5, 20230

By Raechel Thankam Job (Reuters) -Canadian auto parts maker Magna International Inc raised its full-year earnings forecast on Friday, betting…

  • Business
  • US

EOG Resources may delay some Dorado gas wells in Texas due to low prices

The Cheap InvestorMay 5, 2023May 5, 20230

DENVER (Reuters) – U.S. shale producer EOG Resources on Friday said it may delay some well completions in its Dorado…

  • Business
  • Economy

Italian Treasury ready to back KKR-CDP joint bid for Telecom Italia’s grid

The Cheap InvestorMay 5, 2023May 5, 20230

By Elvira Pollina and Giuseppe Fonte ROME (Reuters) -Italy’s Treasury is ready to back a joint purchase proposal for Telecom…

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