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Factbox-Highlights from SEC complaint against crypto exchange Binance

The Cheap InvestorJune 5, 2023June 5, 20230

By Angus Berwick (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Monday accused the world’s largest crypto exchange,…

  • Business
  • Economy

Exclusive-Musk’s Neuralink valued at about $5 billion despite long road to market

The Cheap InvestorJune 5, 2023June 5, 20230

By Rachael Levy, Krystal Hu and Marisa Taylor (Reuters) – Elon Musk’s brain implant startup Neuralink, which was valued at…

  • Economy
  • Latin America

Brazilian inflation targeting changes should not affect monetary policy, Guillen says

The Cheap InvestorJune 5, 2023June 5, 20230

BRASILIA (Reuters) – Changes to the Brazilian inflation targeting system should not be linked to how monetary policy is carried…

  • Business
  • Economy

JPMorgan flags some signs of emerging de-dollarisation

The Cheap InvestorJune 5, 2023June 5, 20230

By Marc Jones LONDON (Reuters) -Signs of de-dollarisation are unfolding in the global economy, strategists at the biggest U.S. bank…

  • Business
  • Economy

US hotel operators bank on ‘extended stay’ brands to navigate tight financing

The Cheap InvestorJune 5, 2023June 5, 20230

By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) – U.S. hotel executives say they are betting on brands that…

  • Business
  • Canada

Fairfax Financial to buy majority of PacWest loans sold to Kennedy-Wilson

The Cheap InvestorJune 5, 2023June 5, 20230

(Reuters) – Canadian insurer Fairfax Financial Partners said on Monday it had agreed to buy a huge chunk of PacWest…

  • Business
  • Economy

US banks could face 20% capital hike under new global rules

The Cheap InvestorJune 5, 2023June 5, 20230

By Pete Schroeder WASHINGTON (Reuters) – U.S. banks could face capital hikes of as much as 20% under new rules…

  • Asia
  • Business

Global airlines target Europe over green policies

The Cheap InvestorJune 5, 2023June 5, 20230

By Joanna Plucinska, Tim Hepher and Aditi Shah ISTANBUL (Reuters) – Airlines took aim at Europe over green fuel mandates…

  • Business
  • Economy

European shares in the red as downbeat U.S. data stokes growth concerns

The Cheap InvestorJune 5, 2023June 5, 20230

By Shreyashi Sanyal and Amruta Khandekar (Reuters) -European shares dipped on Monday as investors took profits after last week’s rebound,…

  • Asia
  • Economy

Aid group NRC resumes work with female staff in Taliban heartland

The Cheap InvestorJune 5, 2023June 5, 20230

By Michelle Nichols UNITED NATIONS (Reuters) – An international aid agency in Afghanistan has resumed operations in the southern province…

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