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Economy

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Tesla jumps as GM deal makes its charging network closer to US standard

The Cheap InvestorJune 9, 2023June 9, 20230

By Aditya Soni and Hyunjoo Jin (Reuters) -Tesla shares closed 4% higher on Friday after General Motors joined Ford in…

  • Business
  • Canada

WestJet ratifies contract with Swoop pilots, to integrate airline into main ops

The Cheap InvestorJune 9, 2023June 9, 20230

(Reuters) – Onex Corp’s WestJet and pilots at its budget carrier Swoop ratified a new four-year agreement for pay hikes…

  • Business
  • Economy

France plans to close tax loophole benefiting Airbnb

The Cheap InvestorJune 9, 2023June 9, 20230

PARIS (Reuters) -France’s finance ministry is working on plans to close a tax loophole benefiting short-term furnished rentals such as…

  • Asia
  • Australia

Dollar gains before Fed meeting, inflation data

The Cheap InvestorJune 9, 2023June 9, 20230

By Karen Brettell NEW YORK (Reuters) – The dollar bounced off two-week lows on Friday as investors awaited inflation data…

  • Business
  • Economy

U.S. ‘aspirational’ shoppers are spending less on fashion, jewelry

The Cheap InvestorJune 9, 2023June 9, 20230

By Katherine Masters NEW YORK (Reuters) – A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving…

  • Business
  • Economy

Oil posts second weekly decline as demand concerns overshadow Saudi cut

The Cheap InvestorJune 9, 2023June 9, 20230

By Shariq Khan BENGALURU (Reuters) – Oil prices fell more than a dollar a barrel on Friday to record a…

  • Business
  • Economy

Binance.US halts dollar deposits, Robinhood delists tokens after SEC crackdown

The Cheap InvestorJune 9, 2023June 9, 20230

By Elizabeth Howcroft, Hannah Lang and Rae Wee (Reuters) -The U.S. affiliate of Binance said it was halting dollar deposits,…

  • Business
  • Economy

Tesla short sellers down $6.08 billion in stock’s 11-session winning streak -S3 Partners

The Cheap InvestorJune 9, 2023June 9, 20230

(Reuters) – Traders who have sold Tesla Inc shares short have lost about $6.08 billion on a mark-to-market basis during…

  • Business
  • Economy

France strong-arms big food companies into cutting prices

The Cheap InvestorJune 9, 2023June 9, 20230

By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -French shoppers should pay less for their food from next month,…

  • Economy
  • Europe

Goldman Sachs: “Fully orthodox” policy maker could raise Turkey rates to 40%

The Cheap InvestorJune 9, 2023June 9, 20230

LONDON (Reuters) – Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye…

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