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Western motion to monitor Sudan abuses ekes past at UN rights body

The Cheap InvestorMay 11, 2023May 11, 20230

By Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) -The U.N. Human Rights Council on Thursday narrowly passed a motion to…

  • Business
  • Economy

Electric vehicle maker Polestar cuts production guidance, jobs

The Cheap InvestorMay 11, 2023May 11, 20230

By Marie Mannes STOCKHOLM (Reuters) – Swedish electric vehicle (EV) maker Polestar lowered its 2023 production guidance on Thursday and…

  • Europe
  • Politics

In Bakhmut’s ruins, Ukraine says intensity of Wagner attacks growing

The Cheap InvestorMay 11, 2023May 11, 20230

By Max Hunder KYIV (Reuters) – A Ukrainian brigade commander fighting in the ruins of Bakhmut said Russian mercenary forces…

  • Asia
  • Australia

Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics

The Cheap InvestorMay 11, 2023May 11, 20230

By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan,…

  • Africa
  • Europe

Pope Francis recognises 21 Copts beheaded by Islamic State as martyrs

The Cheap InvestorMay 11, 2023May 11, 20230

By Philip Pullella VATICAN CITY (Reuters) – Pope Francis on Thursday announced that 21 Coptic Orthodox Christians beheaded by Islamic…

  • Asia
  • Business

Volvo Cars delays EX90 production start

The Cheap InvestorMay 11, 2023May 11, 20230

COPENHAGEN (Reuters) -Sweden-based Volvo Cars has delayed the start of production of its new Volvo EX90 model for more software…

  • Business
  • Economy

Prada’s first-quarter sales up 22% on strong Asia, Europe growth

The Cheap InvestorMay 11, 2023May 11, 20230

MILAN (Reuters) -Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros ($1.17 billion),…

  • Economy
  • Europe

Buoyed by sale of small state assets, Ukraine eyes bigger sell-off

The Cheap InvestorMay 11, 2023May 11, 20230

By Olena Harmash KYIV (Reuters) – Ukraine raised record proceeds from selling small state assets in the first quarter of…

  • Business
  • Economy

Italy discusses break-up rescue for Eurovita – sources

The Cheap InvestorMay 11, 2023May 11, 20230

MILAN (Reuters) – Italian authorities and financial firms on Wednesday discussed plans to rescue Eurovita by dividing up the troubled…

  • Asia
  • Australia

Telecom Italia CEO says service business can stand on own two feet

The Cheap InvestorMay 11, 2023May 11, 20230

MILAN (Reuters) – The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone…

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