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The Cheap Investor

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The Cheap Investor

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US Supreme Court turns down Nike, Adidas patent dispute

The Cheap InvestorJune 26, 2023June 26, 20230

By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Nike’s bid to overturn a…

  • Asia
  • Business

Aborted mutiny sends volatile rouble to 15-month low

The Cheap InvestorJune 26, 2023June 26, 20230

By Alexander Marrow (Reuters) – The rouble sank to its lowest in nearly 15 months against the dollar on Monday…

  • Asia
  • Business

Factbox-Sri Lanka’s domestic debt rework targets IMF goals, economic recovery

The Cheap InvestorJune 26, 2023June 26, 20230

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will announce a reworking of its domestic debt later this week to meet…

  • Business
  • Economy

Germany set to raise minimum wage by more than 3%, unions want more

The Cheap InvestorJune 26, 2023June 26, 20230

BERLIN (Reuters) – Germany was set to raise its minimum wage by 3.4% to 12.41 euros ($13.53) an hour from…

  • Business
  • Technology

Chipmaker Wolfspeed secures $1.25 billion in debt funding led by Apollo Global

The Cheap InvestorJune 26, 2023June 26, 20230

(Reuters) – Wolfspeed said on Monday that a group led by Apollo Global Management would make a debt investment of…

  • Asia
  • Business

Pakistan central bank raises main interest rate by 100 bps to 22%

The Cheap InvestorJune 26, 2023June 26, 20230

Karachi, PAKISTAN (Reuters) -Pakistan’s central bank raised its benchmark interest rate by 100 basis points to 22% at an emergency…

  • Business
  • Europe

Novo Nordisk says obesity pill leads to 15% weight loss; availability ‘to be determined’

The Cheap InvestorJune 26, 2023June 26, 20230

By Deena Beasley SAN DIEGO (Reuters) – Novo Nordisk on Sunday said a late-stage trial found that a high-dose oral…

  • Business
  • Economy

Siemens Energy share sell-off deepens, takes market value loss to $8 billion

The Cheap InvestorJune 26, 2023June 26, 20230

By Christoph Steitz FRANKFURT (Reuters) -Siemens Energy shares fell for a second consecutive session on Monday, hit by a raft…

  • Business
  • Technology

GM’s EV truck customers must wait for Tesla-compatible charge ports

The Cheap InvestorJune 26, 2023June 26, 20230

By Paul Lienert (Reuters) – General Motors does not expect to put Tesla-compatible charging ports on its new Chevrolet Silverado…

  • Business
  • Europe

Special Report-US, Swedish prosecutors study graft complaint naming son of Turkey’s Erdogan

The Cheap InvestorJune 26, 2023June 26, 20230

By David Gauthier-Villars (Reuters) – Anti-corruption authorities in the United States and Sweden are reviewing a complaint alleging that the…

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