AsiaBusiness UN forecasts world economic growth of 2.3% in 2023, 2.5% in 2024 The Cheap InvestorMay 16, 2023May 16, 20230 UNITED NATIONS (Reuters) – Global economic growth is projected to be 2.3% in 2023, up 0.4 percentage points from a…
BusinessEconomy Making the four-day week work for Britain The Cheap InvestorMay 16, 2023May 16, 20230 By Sarah Young and David Milliken HOVE, England (Reuters) – Two workers glide between a computer screen and a stainless…
BusinessTechnology China’s Baidu beats earnings estimates as chatbot awaits govt approval The Cheap InvestorMay 16, 2023May 16, 20230 By Eduardo Baptista and Yuvraj Malik (Reuters) – Search engine giant Baidu Inc beat first-quarter revenue and profit estimates on…
BusinessTechnology Comcast likely to sell Hulu stake to Disney by early 2024 – CNBC The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) – Comcast Corp will likely sell its 33% stake in streaming platform Hulu to Walt Disney Co early next…
BusinessEconomy UK’s competition boss: We do not want a hostile environment for tech The Cheap InvestorMay 16, 2023May 16, 20230 LONDON (Reuters) – The head of Britain’s anti-trust regulator said it was not seeking to create a “hostile environment” for…
BusinessEconomy Stellantis recalls 219,000 Jeep SUVs over fire risks The Cheap InvestorMay 16, 2023May 16, 20230 By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis said on Tuesday it is recalling 219,000 Jeep Cherokee SUVs worldwide for fire…
BusinessEconomy Fed’s Barkin: ‘Comfortable’ with more hikes if needed – Bloomberg TV The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) – Richmond Federal Reserve President Thomas Barkin on Tuesday he likes the “optionality” implied in the central bank’s latest…
BusinessEconomy Cryptoverse: Every frog has its day as pepe pops 7,000% The Cheap InvestorMay 16, 2023May 16, 20230 (Our weekly analysis of the wild world of cryptocurrencies) By Lisa Pauline Mattackal and Medha Singh (Reuters) – Move over…
BusinessCanada Factbox-Amgen-Horizon deal joins mega mergers facing regulatory heat The Cheap InvestorMay 16, 2023May 16, 20230 (Reuters) – A U.S. antitrust regulator said on Tuesday it will sue to stop Amgen’s $27.8 billion deal for Horizon…
BusinessEconomy New Vodafone boss takes aim at costs with 11,000 global job cuts The Cheap InvestorMay 16, 2023May 16, 20230 By Paul Sandle and Sarah Young LONDON (Reuters) -New Vodafone boss Margherita Della Valle said she would cut 11,000 jobs…