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US Senate overwhelmingly backs tax treaty with Chile

The Cheap InvestorJune 22, 2023June 22, 20230

By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate voted overwhelmingly on Thursday in favor of a tax treaty with Chile…

  • Asia
  • Business

Oil plunges 4% as interest rate hikes outweigh lower US oil supplies

The Cheap InvestorJune 22, 2023June 22, 20230

By Stephanie Kelly NEW YORK (Reuters) -Oil futures fell about 4% on Thursday, as a bigger-than-expected Bank of England rate…

  • Business
  • Economy

Italy’s TIM enters into exclusive talks with KKR over grid sale

The Cheap InvestorJune 22, 2023June 22, 20230

By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) -Telecom Italia (TIM) has granted U.S. fund KKR a period of exclusive…

  • Asia
  • Business

GE to jointly produce fighter jet engines in India

The Cheap InvestorJune 22, 2023June 22, 20230

(Reuters) – General Electric’s aerospace unit said on Thursday it has signed an agreement with India’s state-owned Hindustan Aeronautics Ltd…

  • Business
  • Technology

Plaintiffs lawyers in Facebook data privacy case seek $181 million in fees

The Cheap InvestorJune 22, 2023June 22, 20230

By Sara Merken (Reuters) -Plaintiffs’ lawyers have asked a San Francisco federal judge to award more than $181 million in…

  • Business
  • Oddly Enough

Fracas in Vegas? Musk, Zuckerberg talk cage match in social media bluster

The Cheap InvestorJune 22, 2023June 22, 20230

By Hyunjoo Jin and Greg Bensinger SAN FRANCISCO (Reuters) – Forget about famed boxing bouts like the Rumble in the…

  • Business
  • Economy

Recent rate hikes should also be passed on to savers – ECB’s De Guindos

The Cheap InvestorJune 22, 2023June 22, 20230

MADRID (Reuters) – Recent interest rate hikes by the European Central Bank should be fully transmitted to savers and reflected…

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  • Economy

US Senate advances Chile tax treaty, paving way for ratification

The Cheap InvestorJune 22, 2023June 22, 20230

By Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate voted overwhelmingly on Wednesday to advance a tax treaty with Chile,…

  • Business
  • Economy

Spirit AeroSystems to halt work at Wichita plant as union votes to strike

The Cheap InvestorJune 22, 2023June 22, 20230

By Valerie Insinna, Abinaya V and Shivansh Tiwary PARIS (Reuters) -Spirit AeroSystems will suspend factory production on Thursday at its…

  • Business
  • Economy

US banks push back as regulators prepare international capital hikes

The Cheap InvestorJune 22, 2023June 22, 20230

By Pete Schroeder WASHINGTON (Reuters) -U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements,…

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