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SoftBank’s Arm registers for blockbuster U.S. IPO

The Cheap InvestorApril 29, 2023April 29, 20230

By Anirban Sen and Echo Wang NEW YORK (Reuters) -SoftBank Group Corp’s chip maker Arm Ltd has filed with regulators…

  • Business
  • Economy

Twitter to allow publishers to charge users on a per article basis starting May

The Cheap InvestorApril 29, 2023April 29, 20230

(Reuters) – Twitter Inc CEO Elon Musk said on Saturday that the social media platform will allow media publishers to…

  • Business
  • US

FDIC prepares to place First Republic under receivership

The Cheap InvestorApril 29, 2023April 29, 20230

By Greg Roumeliotis NEW YORK (Reuters) – The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic…

  • Africa
  • Asia

Pfizer pledge for more equal access to RSV shot faces hurdles

The Cheap InvestorApril 29, 2023April 29, 20230

By Jennifer Rigby and Maggie Fick LONDON (Reuters) – Pfizer Inc has pledged to deliver critical new medicines more quickly…

  • Business
  • Europe

Turkey’s Baykar plans production of new air combat drone next year

The Cheap InvestorApril 29, 2023April 29, 20230

ISTANBUL (Reuters) – Turkish defence firm Baykar aims to begin production of its new unmanned combat aerial vehicle (UCAV) next…

  • Asia
  • Business

China’s Didi sees 2022 revenue hit by COVID, net loss narrows

The Cheap InvestorApril 28, 2023April 29, 20230

BEIJING (Reuters) – Chinese ride hailing giant Didi Global on Saturday reported a 19% year-on-year fall in 2022 revenue, as…

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  • Economy

OpenAI closes $300 million funding round at $27 billion-$29 billion valuation – TechCrunch

The Cheap InvestorApril 28, 2023April 28, 20230

(Corrects headline and story to show a $300 million share sale, not $10 bln or $10.3 billion) (Reuters) – OpenAI,…

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  • Economy

US Fed points finger at Trump-era rollback for SVB demise

The Cheap InvestorApril 28, 2023April 28, 20230

By Douglas Gillison (Reuters) -The Federal Reserve on Friday blamed the deregulatory zeal that occurred during the Trump era for…

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  • Economy

Wall Street climbs as strong earnings offset slowdown worries, Fed meeting in focus

The Cheap InvestorApril 28, 2023April 28, 20230

By Sinéad Carew, Sruthi Shankar and Ankika Biswas (Reuters) – U.S. stock indexes advanced on Friday after strong earnings updates…

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US regulators vow to sharpen oversight as SVB, Signature aftershocks reverberate

The Cheap InvestorApril 28, 2023April 28, 20230

By Ann Saphir, Hannah Lang and Chris Prentice (Reuters) – U.S. regulators on Friday put large banks on notice that…

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