AsiaBusiness 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…
BusinessEconomy 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…
BusinessUS 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…
AfricaAsia 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…
BusinessEurope 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…
AsiaBusiness 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…
BusinessEconomy 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,…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessEconomy 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…