BusinessEconomy 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,…
BusinessEconomy 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…
EconomyLatin 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…
BusinessEconomy 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…
BusinessEconomy 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…
BusinessCanada 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…
BusinessEconomy 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…
AsiaBusiness 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…
BusinessEconomy 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,…
AsiaEconomy 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…