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AP

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EU beefs up disinformation code amid Russia fake news fears

The Cheap InvestorJune 16, 2022June 16, 20220

LONDON (AP) — The European Union is beefing up its code of practice on disinformation by enlisting more tech companies…

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Revlon files for bankruptcy protection amid heavy debt load

The Cheap InvestorJune 16, 2022June 16, 20220

NEW YORK (AP) — Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by…

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Production at bedeviled baby formula factory halted by storm

The Cheap InvestorJune 16, 2022June 16, 20220

Severe weather has forced Abbott Nutrition to pause production at a Michigan baby formula factory that had just restarted after…

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Euro rescue fund to get new chief as its old glory fades

The Cheap InvestorJune 16, 2022June 16, 20220

BRUSSELS (AP) — A contest to lead Europe’s financial rescue fund is drawing to a close with the spotlight on…

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Russian economy ‘won’t be as it was,’ central banker says

The Cheap InvestorJune 16, 2022June 16, 20220

ST. PETERSBURG, Russia (AP) — The head of the Russian Central Bank warned Thursday that the country’s economy faces pressure…

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Fed’s aggressive rate hikes raise likelihood of a recession

The Cheap InvestorJune 16, 2022June 17, 20220

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging…

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Bank of England hikes interest rates but resists bolder move

The Cheap InvestorJune 16, 2022June 17, 20220

LONDON (AP) — The Bank of England raised interest rates by a quarter-percentage point Thursday, shrugging off pressure for a…

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Russian sanctions hurting small Italian fashion producers

The Cheap InvestorJune 16, 2022June 16, 20220

BRESCIA, Italy (AP) — Fine Italian knitwear packed in boxes addressed to retailers in Moscow, St. Petersburg and Kursk sit…

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Asian stocks follow Wall St lower on economy fears

The Cheap InvestorJune 16, 2022June 17, 20220

BEIJING (AP) — Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will…

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Australia commits to reducing greenhouse emissions by 43%

The Cheap InvestorJune 15, 2022June 16, 20220

CANBERRA, Australia (AP) — Australia’s new government on Thursday formally committed to a more ambitious greenhouse gas reduction target of…

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