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Exclusive-Deutsche Bank used big trades to raise cash in March turmoil -sources

The Cheap InvestorMay 26, 2023May 26, 20230

By Francesco Canepa and Tom Sims FRANKFURT (Reuters) – As banks came under mounting pressure in March, Deutsche Bank used…

  • Business
  • Economy

Tear gas taints the air as TotalEnergies AGM rejects climate activist resolution

The Cheap InvestorMay 26, 2023May 26, 20230

By Benjamin Mallet and America Hernandez PARIS (Reuters) – TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts…

  • Business
  • Economy

Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – Walgreens Boots Alliance Inc said on Friday it would slash its corporate staff by about 10%, as it…

  • Business
  • Economy

Sanctions, pressure on foreign banks destabilising Russia’s FX market -central bank

The Cheap InvestorMay 26, 2023May 26, 20230

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Pressure on foreign banks operating in Russia and the widening scope…

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  • Economy

Russian central bank plays down impact of foreign company exits

The Cheap InvestorMay 26, 2023May 26, 20230

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Only five transactions involving foreign companies selling assets in Russia since…

  • Business
  • Economy

OpenAI CEO’s threat to quit EU draws lawmaker backlash

The Cheap InvestorMay 26, 2023May 26, 20230

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around…

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  • Canada

Canada to launch probe into OpenAI over privacy concerns

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI’s data collection and usage, becoming the latest…

  • Business
  • Economy

As US credit risk looms, former S&P officials see 2011 downgrade as vindicated

The Cheap InvestorMay 26, 2023May 26, 20230

By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard &…

  • Business
  • Central America

Mexican economy grew for sixth consecutive quarter in Q1

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – Mexico’s economy grew for the sixth quarter in a row in the first quarter, data from Latin America’s…

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  • Economy

US core capital goods orders unexpectedly rebound in April

The Cheap InvestorMay 26, 2023May 26, 20230

WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending…

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