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GM, VW face idled capacity risk in China without faster EV transition -Greenpeace

The Cheap InvestorMay 10, 2023May 10, 20230

SHANGHAI/BERLIN (Reuters) – Automakers including Volkswagen and General Motors could have considerable unused production capacity for conventionally powered vehicles in…

  • Business
  • Economy

BOJ debated progress in hitting price goal at Ueda’s debut meeting

The Cheap InvestorMay 10, 2023May 10, 20230

By Leika Kihara (Reuters) -Bank of Japan policymakers debated the country’s progress towards achieving their inflation target and the pace…

  • Economy

Chile’s senate approves mining royalty bill, passes to final vote

The Cheap InvestorMay 10, 20230

SANTIAGO (Reuters) -Chile’s senate approved on Wednesday a long-awaited new mining royalty bill, passing it back to the lower chamber…

  • Business
  • Economy

Biden warns of recession unless Republicans back his debt ceiling plan

The Cheap InvestorMay 10, 2023May 10, 20230

By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly…

  • Asia
  • Australia

Australia’s Allkem tops ASX 200 on $10.6 billion merger with Livent

The Cheap InvestorMay 10, 2023May 10, 20230

By Archishma Iyer (Reuters) – Australian lithium producer Allkem surged more than 14% on Thursday after announcing a $10.6 billion…

  • Business
  • Central America

Grupo Mexico nearing $7 billion deal for Citi’s Banamex unit -source

The Cheap InvestorMay 10, 2023May 10, 20230

By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for…

  • Asia
  • Economy

Cromwell’s rule and the global economic outlook: Kemp

The Cheap InvestorMay 10, 2023May 10, 20230

By John Kemp LONDON (Reuters) -“Think it possible you may be mistaken”, England’s leader Oliver Cromwell demanded in a public…

  • Business
  • Economy

GM overhauls North American commercial vehicle sales operations

The Cheap InvestorMay 10, 2023May 10, 20230

By Joseph White DETROIT (Reuters) – General Motors Co will consolidate North American sales operations for commercial vehicles, parts and…

  • Asia
  • Economy

Yellen, at G7, to underscore U.S. commitment to Ukraine for ‘as long as it takes’

The Cheap InvestorMay 10, 2023May 10, 20230

By Andrea Shalal NIIGATA, Japan (Reuters) – Treasury Secretary Janet Yellen on Thursday will underscore the United States’ commitment to…

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  • Economy

British home-buyers, facing higher interest rates, retreat in April – RICS

The Cheap InvestorMay 10, 2023May 10, 20230

By Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned…

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