BusinessTechnology Elon Musk’s bid to end tweet pre-approval faces skeptical court The Cheap InvestorMay 11, 2023May 11, 20230 By Jody Godoy (Reuters) – A federal appeals court on Thursday questioned Elon Musk’s bid to end an agreement that…
BusinessEconomy Deposit outflows after SVB collapse concentrated among ‘super-regionals’ – New York Fed study The Cheap InvestorMay 11, 2023May 11, 20230 By Howard Schneider WASHINGTON (Reuters) – Deposit withdrawals from U.S. banks following the collapse of Silicon Valley Bank were concentrated…
BusinessEconomy Rising sol: Peru’s currency at year-high after shaking off protest impact The Cheap InvestorMay 11, 2023May 11, 20230 By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged…
BusinessEconomy Pirelli sees end of Golden Power process on governance agreement after early June The Cheap InvestorMay 11, 2023May 11, 20230 MILAN (Reuters) -Pirelli said on Thursday it expected Italy would conclude its review of governance agreements involving the holding in…
BusinessEnvironment Albemarle aims to expand Chile lithium mine in 2028 with new technology The Cheap InvestorMay 11, 2023May 11, 20230 By Alexander Villegas SALAR DE ATACAMA, Chile (Reuters) – Albemarle Corp hopes to expand its lithium operations in Chile’s Atacama…
BusinessUS Activist investor Elliott pushes for changes at Goodyear, shares jump The Cheap InvestorMay 11, 2023May 11, 20230 By Svea Herbst-Bayliss (Reuters) – Activist investor Elliott Investment Management L.P. disclosed a large investment in Goodyear Tire & Rubber…
BusinessEconomy Analysis-Sterling’s star may fade as focus shifts to squeeze on UK economy The Cheap InvestorMay 11, 2023May 11, 20230 By Naomi Rovnick LONDON (Reuters) -It’s the best performing currency this year in the G10 group of advanced economies against…
BusinessTechnology China’s JD.com promotes finance chief to CEO role as Xu Lei resigns The Cheap InvestorMay 11, 2023May 11, 20230 (Reuters) -China’s e-commerce giant JD.com Inc said on Thursday its chief executive Xu Lei will step down, with the company’s…
BusinessEconomy IMF says US default would have ‘very serious repercussions’ on global economy The Cheap InvestorMay 11, 2023May 11, 20230 By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that a U.S. debt default prompted by…
BusinessCanada Marijuana banking bill heads to Senate Banking Committee The Cheap InvestorMay 11, 2023May 11, 20230 (Reuters) – Shares of pot companies were trading higher on Thursday as the U.S. Senate Banking Committee prepares to discuss…