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May 2023

  • Business
  • Economy

Shell, Equinor profits beat forecasts as trading offsets lower energy prices

The Cheap InvestorMay 4, 2023May 4, 20230

By Ron Bousso, Shadia Nasralla and Nerijus Adomaitis LONDON/OSLO (Reuters) – Energy giants Shell and Equinor reported higher-than-expected first-quarter profits…

  • Asia
  • Economy

Hong Kong March retail sales jump 40.9% in fourth month of growth

The Cheap InvestorMay 4, 2023May 4, 20230

HONG KONG (Reuters) -Hong Kong’s March retail sales rose 40.9% from a year earlier, the second biggest percentage rise on…

  • Africa
  • Economy

Sudan conflict deals new blow to stagnant economy

The Cheap InvestorMay 4, 2023May 4, 20230

By Khalid Abdelaziz, Sarah El Safty and Nafisa Eltahir KHARTOUM/CAIRO (Reuters) – The conflict shaking Sudan has dealt a crippling…

Shell Posts $10 Billion Profit As Trading Offset Lower Energy Prices
  • Headlines
  • Reuters

Shell Posts $10 Billion Profit As Trading Offset Lower Energy Prices

The Cheap InvestorMay 4, 20230

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted first-quarter net profit of $9.65 billion, topping…

  • Europe
  • Politics

Russia to launch Friendship Games after 40-year gap – sports minister

The Cheap InvestorMay 4, 2023May 4, 20230

(Reuters) – Russia plans to relaunch the multi-sport Friendship Games next year, 40 years after its first edition, Sports Minister…

  • Asia
  • Economy

IMF to discuss Pakistan’s budget plans in fresh hurdle to funding

The Cheap InvestorMay 4, 2023May 4, 20230

By Ariba Shahid KARACHI (Reuters) -The International Monetary Fund (IMF) is preparing to discuss Pakistan’s budget plans for the coming…

  • Asia
  • Business

Lofty prices tarnish gold’s lustre in top Asian retail hubs

The Cheap InvestorMay 4, 2023May 4, 20230

By Amy Lv, Rajendra Jadhav and Kavya Guduru BEIJING/MUMBAI/BENGALURU (Reuters) – On a recent evening in April, only three or…

  • Business
  • Economy

French antitrust body tells Meta to change conditions for access to ad verification

The Cheap InvestorMay 4, 2023May 4, 20230

PARIS (Reuters) -France’s antitrust watchdog on Thursday gave Facebook-owner Meta two months to change its access rules for ad verification…

  • Top News

Police arrest suspect in fatal mass shooting at Atlanta medical center

The Cheap InvestorMay 4, 2023May 4, 20230

By Rich McKay ATLANTA (Reuters) -Police have arrested a former U.S. Coast Guardsman suspected of killing one person and wounding…

  • Business
  • Economy

Novo Nordisk cuts some US supply of obesity drug Wegovy to cope with demand

The Cheap InvestorMay 4, 2023May 4, 20230

By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish drug developer Novo Nordisk said it would have to halve the supply of starter…

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