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Economy

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World Bank must drive private investment in climate transition, new chief says

The Cheap InvestorJune 11, 2023June 11, 20230

By Andrea Shalal WASHINGTON (Reuters) – The World Bank must use “informed risk-taking” to encourage private investors to get more…

  • Asia
  • Economy

Iran’s Khamenei says ‘nothing wrong’ with a nuclear deal with West

The Cheap InvestorJune 11, 2023June 11, 20230

By Parisa Hafezi DUBAI (Reuters) -Iran’s supreme leader on Sunday said a deal with the West over Tehran’s nuclear work…

  • Asia
  • Business

Saudi Arabia seeks cooperation with China, ‘ignores’ Western worries

The Cheap InvestorJune 11, 2023June 11, 20230

By Aziz El Yaakoubi and Maha El Dahan RIYADH (Reuters) -Saudi Arabia wants to collaborate, not compete, with China, the…

  • Business
  • Economy

Investors rethink recession plays, boosting U.S. stock market laggards

The Cheap InvestorJune 11, 2023June 11, 20230

By David Randall NEW YORK (Reuters) -A U.S. stocks rally is showing signs of expanding beyond the cluster of giant…

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  • Economy

Germany refusing Intel’s additional demand for subsidies for chip plant – FT

The Cheap InvestorJune 11, 2023June 11, 20230

(Reuters) – Germany’s Finance Minister Christian Lindner is refusing Intel’s demands for higher subsidies for a 17-billion-euro ($18-billion) chip plant,…

  • Business
  • Economy

PMA says US West Coast port workers shut down Port of Seattle; workers’ union denies claim

The Cheap InvestorJune 10, 2023June 10, 20230

(Reuters) -The Pacific Maritime Association (PMA), which represents terminal operators, said in a tweet on Saturday that coordinated and disruptive…

  • Business
  • Economy

Twitter is refusing to pay its Google Cloud bills – Platformer

The Cheap InvestorJune 10, 2023June 10, 20230

(Reuters) – Twitter has refused to pay its Google Cloud bills as its contract comes up for renewal this month,…

  • Asia
  • Economy

China has been spying from Cuba for some time, U.S. official says

The Cheap InvestorJune 10, 2023June 10, 20230

WASHINGTON (Reuters) – China has been spying from Cuba for some time and upgraded its intelligence collection facilities there in…

  • Business
  • Economy

Credit Suisse CEO memo signals UBS deal to close Monday – Bloomberg

The Cheap InvestorJune 10, 2023June 10, 20230

(Reuters) -Credit Suisse Group AG Chief Executive Ulrich Koerner has indicated that the emergency takeover of the bank by UBS…

  • Business
  • Economy

Crispin Odey to leave hedge fund he founded after assault allegations

The Cheap InvestorJune 10, 2023June 10, 20230

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) -Crispin Odey, one of Britain’s best-known hedge fund managers, will be…

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