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KKR strengthens lead in Telecom Italia race by raising its bid

The Cheap InvestorJune 10, 2023June 10, 20230

By Elvira Pollina and Akriti Sharma MILAN (Reuters) -U.S. fund KKR strengthened its lead in the race to secure the…

  • Asia
  • Business

Sri Lanka lifts import limits on 286 items as crisis eases

The Cheap InvestorJune 10, 2023June 10, 20230

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday,…

  • Business
  • Economy

Rheinmetall could be worth 17 billion euro over medium term-CEO

The Cheap InvestorJune 10, 2023June 10, 20230

BERLIN (Reuters) – The CEO of Germany’s largest defence contractor Rheinmetall said he expected a further boost to the company’s…

  • Business
  • Economy

Sweden’s Essity divests Russian operations

The Cheap InvestorJune 10, 2023June 10, 20230

(Reuters) – Swedish hygiene products group Essity has divested its operations in Russia, the company said in a statement on…

  • Business
  • Economy

Analysis-City distances itself from hedge fund boss Odey in tentative #MeToo shift

The Cheap InvestorJune 10, 2023June 10, 20230

By Nell Mackenzie, Sinead Cruise and Naomi Rovnick LONDON (Reuters) – Big banks and investors quickly sought to distance themselves…

  • Business
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Swiss National Bank Chairman hints at rate rises to tackle inflation

The Cheap InvestorJune 10, 2023June 10, 20230

ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas…

  • Business
  • Economy

Twitter to pay verified creators for ads in replies, Musk says

The Cheap InvestorJune 9, 2023June 9, 20230

(Reuters) -Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of…

  • Business
  • Economy

FTX customer names will not be revealed by bankruptcy court

The Cheap InvestorJune 9, 2023June 9, 20230

By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX received court permission on Friday to remove customer names…

  • Economy
  • Latin America

Argentina inflation seen hitting 149% this year, up from previous poll

The Cheap InvestorJune 9, 2023June 9, 20230

BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126%…

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U.S. stocks end a tad higher as Tesla rallies

The Cheap InvestorJune 9, 2023June 9, 20230

By Sruthi Shankar, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 closed higher on Friday but off…

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