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French central bank head warns against raising ECB inflation target

The Cheap InvestorJuly 9, 2023July 9, 20230

AIX-EN-PROVENCE, France (Reuters) – France’s central bank head Francois Villeroy de Galhau pushed back on Sunday against a suggestion from…

  • Asia
  • Business

China sets wide-ranging rules for $2.9 trln private investment funds

The Cheap InvestorJuly 9, 2023July 9, 20230

BEIJING (Reuters) – China published regulations on Sunday for the country’s $2.9 trillion private investment fund sector, seeking to better…

  • Business
  • Central America

Mexican Pemex estimates platform fire shut in 700,000 barrels of oil

The Cheap InvestorJuly 8, 2023July 8, 20230

MEXICO CITY (Reuters) – Mexican oil company Pemex estimates that a deadly fire on a major offshore platform off the…

  • Asia
  • Business

‘Chinese storm’ looming over Europe’s EV sector, Renault chairman warns

The Cheap InvestorJuly 8, 2023July 8, 20230

By Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) – A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault…

  • Business
  • Technology

Suspended Twitter account tracking Elon Musk’s jet moves to rival Meta’s Threads

The Cheap InvestorJuly 8, 2023July 8, 20230

(Reuters) – Jack Sweeney, the creator of an account tracking Elon Musk’s private jet in real time, has moved to…

  • Business
  • Economy

San Francisco’s new venture capital hotspot: The Presidio

The Cheap InvestorJuly 8, 2023July 9, 20230

By Krystal Hu SAN FRANCISCO (Reuters) – Venture capital firm Headline used to be in one of San Francisco’s most…

  • Asia
  • Business

Yellen swaps stories of being ‘the only woman in the room’ with Chinese economists

The Cheap InvestorJuly 8, 2023July 8, 20230

By Andrea Shalal and Yew Lun Tian BEIJING (Reuters) – U.S. Treasury Secretary Janet Yellen, a trailblazer in the field…

  • Business
  • Economy

TotalEnergies boss: 2024 U.S. election could cause energy shock

The Cheap InvestorJuly 8, 2023July 8, 20230

PARIS (Reuters) – The U.S. presidential election could trigger a major energy shock if Republicans were to win and decide…

  • Business
  • Economy

Ant’s surprise share buyback values firm at steep 75% discount to IPO

The Cheap InvestorJuly 8, 2023July 8, 20230

By Julie Zhu and Josh Ye HONG KONG (Reuters) -Ant Group on Saturday announced a surprise share buyback that values…

  • Asia
  • Business

China’s auto group retracts pledge to avoid ‘abnormal pricing’

The Cheap InvestorJuly 8, 2023July 8, 20230

SHANGHAI (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid…

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