BusinessEnvironment Analysis-US debt deal’s energy permitting reforms leave thorniest issues for later The Cheap InvestorMay 31, 2023May 31, 20230 By Valerie Volcovici and Timothy Gardner WASHINGTON (Reuters) – The bipartisan U.S. debt deal’s provisions to speed up energy infrastructure…
BusinessEconomy German family-owned Schmid Group aims for SPAC listing on NYSE The Cheap InvestorMay 31, 2023May 31, 20230 By Emma-Victoria Farr FRANKFURT (Reuters) – Germany’s Schmid Group said on Wednesday it plans to list in New York via…
BusinessEconomy Environmental platform urges more than 1,600 high-emitting firms to disclose data The Cheap InvestorMay 31, 2023May 31, 20230 LONDON (Reuters) – More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment…
BusinessEconomy HP Enterprise shares fall as dull forecast fuels fears of slowing demand The Cheap InvestorMay 31, 2023May 31, 20230 By Samrhitha A (Reuters) – Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster…
Business Michael Kors owner Capri cuts revenue forecast as US demand wavers The Cheap InvestorMay 31, 2023May 31, 20230 By Savyata Mishra (Reuters) -Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for…
BusinessEconomy German inflation drops to lowest level in more than a year The Cheap InvestorMay 31, 2023May 31, 20230 By Maria Martinez BERLIN (Reuters) -Germany on Wednesday joined a list of major euro zone economies reporting a bigger than…
AsiaBusiness Elon Musk scheduled to visit Tesla’s Shanghai plant on Weds night – sources The Cheap InvestorMay 31, 2023May 31, 20230 SHANGHAI (Reuters) – Elon Musk is scheduled to travel to Tesla’s Shanghai factory on Wednesday night to meet with staff…
Business Canada’s Q1 growth outperforms, increases odds for rate hike The Cheap InvestorMay 31, 2023May 31, 20230 By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s economy expanded faster than expected in the first quarter and likely…
BusinessTechnology AI boom triples valuation of Lightmatter, US startup using light for computing The Cheap InvestorMay 31, 2023May 31, 20230 By Jane Lanhee Lee OAKLAND, California (Reuters) – Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday…
BusinessEconomy Default wave imminent, will peak in 2024- Deutsche Bank The Cheap InvestorMay 31, 2023May 31, 20230 LONDON (Reuters) – A wave of debt defaults by companies in the United States and Europe is imminent, due in…