BusinessEconomy Commerzbank shareholders pave way for Jens Weidmann as chairman The Cheap InvestorMay 31, 2023May 31, 20230 FRANKFURT (Reuters) -Commerzbank shareholders on Wednesday cleared the way for the economist Jens Weidmann to take over as chairman of…
AsiaBusiness EU tech chief sees draft voluntary AI code within weeks The Cheap InvestorMay 31, 2023May 31, 20230 By Philip Blenkinsop LULEA, Sweden (Reuters) – EU tech chief Margrethe Vestager said on Wednesday she believed a draft code…
BusinessEconomy Cost of insuring vs US default increases before vote on debt ceiling bill The Cheap InvestorMay 31, 2023May 31, 20230 NEW YORK (Reuters) – The cost of insuring exposure to a U.S. debt default rose on Wednesday, with investors focused…
AsiaBusiness Factbox-U.S. states where recreational marijuana is legal The Cheap InvestorMay 31, 2023May 31, 20230 (Reuters) – Minnesota became the latest U.S. state to legalize marijuana for recreational use on Tuesday after its governor, Tim…
AsiaBusiness Toyota pledges $2.1 billion more for EV battery plant in North Carolina The Cheap InvestorMay 31, 2023May 31, 20230 (Reuters) – Toyota Motor Corp said on Wednesday it will invest $2.1 billion more in its new U.S. battery plant…
BusinessCentral America Mexico’s Femsa to sell stake in Jetro for $1.4 billion The Cheap InvestorMay 31, 2023May 31, 20230 MEXICO CITY (Reuters) -Mexican retail and bottling giant Femsa said Wednesday it had reached a “definitive” agreement to sell its…
BusinessPolitics ESSA Bank & Trust settles US discrimination allegations -Justice Dept The Cheap InvestorMay 31, 2023May 31, 20230 WASHINGTON (Reuters) – ESSA Bank & Trust has agreed to pay over $3 million to resolve allegations it engaged in…
AsiaBusiness US seeks to curb investment in Chinese chips, AI and quantum computing The Cheap InvestorMay 31, 2023May 31, 20230 By Karen Freifeld WASHINGTON (Reuters) – New rules under consideration would restrict the flow of U.S. investments and know-how into…
BusinessUS US crude March output hits 3-yr high as Texas production grows -EIA The Cheap InvestorMay 31, 2023May 31, 20230 By Stephanie Kelly and Scott DiSavino NEW YORK (Reuters) – U.S. field production of crude oil rose in March to…
BusinessElections US sues West Virginia governor’s coal empire over unpaid mining penalties The Cheap InvestorMay 31, 2023May 31, 20230 WASHINGTON (Reuters) – The U.S. Justice Department has sued West Virginia Governor Jim Justice’s coal empire over allegations it failed…