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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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

  • Business
  • Economy

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…

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  • Economy

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…

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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…

  • Business
  • Technology

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…

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  • Economy

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…

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