BusinessEconomy Exclusive-VTB to sell one of Russia’s biggest grain traders, Demetra-Holding, CEO Kostin says The Cheap InvestorJune 9, 2023June 9, 20230 MOSCOW (Reuters) – VTB, Russia’s second largest bank, will sell its stake in one of Russia’s biggest grain traders, Demetra-Holding,…
BusinessEconomy Exclusive-VTB profit seen at record of 400 billion roubles in 2023 – CEO Kostin The Cheap InvestorJune 9, 2023June 9, 20230 MOSCOW (Reuters) – Russian state-owned lender VTB will see profit of “not less” than 400 billion roubles ($4.9 billion) in…
BusinessEntertainment and Lifestyle U.S. House proposal would prohibit family seating fees The Cheap InvestorJune 9, 2023June 9, 20230 By David Shepardson WASHINGTON (Reuters) -A U.S. House committee will take up a aviation bill next week that would bar…
BusinessUS Carvana shares fall as analysts see Q2 profit forecast as ‘one-time’ upside The Cheap InvestorJune 9, 2023June 9, 20230 By Aishwarya Nair and Priyamvada C (Reuters) -Shares of used-car retailer Carvana Co tumbled 11% in afternoon trading on Friday,…
BusinessCanada New York lawmakers weigh clean fuel standard as legislative session ends The Cheap InvestorJune 9, 2023June 9, 20230 By Laura Sanicola (Reuters) – New York lawmakers are considering legislation on Friday that would create the first market for…
BusinessTechnology Apple, Amazon must face consumer lawsuit over iPhone, iPad prices – US judge The Cheap InvestorJune 9, 2023June 9, 20230 By Mike Scarcella (Reuters) – Apple and Amazon.com must face a consumer antitrust lawsuit in U.S. court accusing them of…
BusinessEconomy European shares slip as cenbank meetings loom, Croda falls on profit warning The Cheap InvestorJune 9, 2023June 9, 20230 By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares slipped on Friday, rounding off a lacklustre week that saw…
BusinessEconomy US minority-owned banks withstand industry turmoil, executives say The Cheap InvestorJune 9, 2023June 9, 20230 By Nupur Anand NEW YORK (Reuters) – Minority-owned banks in the U.S. have stayed resilient during this year’s industry turmoil…
AfricaBusiness Factbox-What are governments doing to ease inflation pain? The Cheap InvestorJune 9, 2023June 9, 20230 (Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices…
BusinessEconomy US companies face less pressure for climate and social reforms The Cheap InvestorJune 9, 2023June 9, 20230 By Ross Kerber (Reuters) – Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly…