AsiaBusiness Exclusive-China’s Xi tells Bill Gates he welcomes U.S. AI tech in China-sources The Cheap InvestorJune 16, 2023June 16, 20230 HONG KONG (Reuters) -Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and…
BusinessEconomy Intel to invest $4.6 billion in new chip plant in Poland The Cheap InvestorJune 16, 2023June 16, 20230 By Karol Badohal and Supantha Mukherjee WROCLAW, Poland/STOCKHOLM (Reuters) – Intel plans to invest up to $4.6 billion in a…
BusinessEurope Musk says vehicle autonomy is ‘main driver’ of Tesla value The Cheap InvestorJune 16, 2023June 16, 20230 PARIS (Reuters) -Tesla is close to achieving fully autonomous vehicles, CEO Elon Musk said during a visit to Paris on…
AsiaBusiness Cargill enters dispute for Brazil soy crusher’s assets The Cheap InvestorJune 16, 2023June 16, 20230 By Ana Mano SAO PAULO (Reuters) – The Brazilian unit of U.S. grains merchant Cargill has asked a bankruptcy court…
BusinessUS Whirlpool settles trade secrets case against exec who joined rival Haier The Cheap InvestorJune 16, 2023June 16, 20230 By Blake Brittain (Reuters) -Appliance maker Whirlpool on Thursday agreed to drop a U.S. lawsuit against its former Italian executive…
BusinessTop News Chinese President Xi meets Bill Gates, calls him ‘an old friend’ The Cheap InvestorJune 16, 2023June 16, 20230 BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in…
BusinessEconomy Greyhound bus owner Flix edges towards listing The Cheap InvestorJune 16, 2023June 16, 20230 By Pablo Mayo Cerqueiro and Emma-Victoria Farr (Reuters) – German bus services firm Flix, owner of the Greyhound brand in…
BusinessEconomy Customers Bancorp acquires $631 million loan portfolio from FDIC at discount The Cheap InvestorJune 16, 2023June 16, 20230 By Manya Saini and Saeed Azhar (Reuters) -Customers Bancorp said on Friday it acquired a $631 million venture banking loan…
BusinessEconomy Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO The Cheap InvestorJune 16, 2023June 16, 20230 By Sabine Siebold BRUSSELS (Reuters) – Rheinmetall will ramp up production of propellant powder for ammunition at its plant in…
BusinessHealth Humana joins UnitedHealth in flagging cost hit from rising surgeries The Cheap InvestorJune 16, 2023June 16, 20230 By Manas Mishra and Leroy Leo (Reuters) – Humana Inc on Friday joined larger health insurer UnitedHealth in warning of…