BusinessEconomy 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…
BusinessUS 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…
BusinessEconomy 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…
EnvironmentPolitics 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…
HeadlinesReuters 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…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessUS 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…
BusinessEconomy 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…