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The Cheap Investor

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US-born princess evicted from Rome villa famed for Caravaggio fresco

The Cheap InvestorApril 20, 2023April 20, 20230

ROME (Reuters) – A U.S.-born princess was evicted on Thursday from a Roman villa featuring the only known fresco by…

  • Asia
  • Business

Yellen wants more World Bank reforms in coming months, eyes subnational lending

The Cheap InvestorApril 20, 2023April 20, 20230

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said she is insisting that next steps in the…

  • Business
  • Canada

Canada offering more than C$13 billion for VW battery plant – govt source

The Cheap InvestorApril 20, 2023April 20, 20230

OTTAWA (Reuters) -Canada has agreed to provide up to C$13 billion ($9.7 billion) in subsidies and a C$700 million grant…

  • Business
  • Europe

Lockheed and Rheinmetall to develop German version of HIMARS rocket launchers

The Cheap InvestorApril 20, 2023April 20, 20230

BERLIN (Reuters) – Arms makers Lockheed Martin and Rheinmetall will team up to develop a German rocket artillery system, they…

  • Asia
  • Business

Renault chooses banks for planned listing of electric car unit Ampere – source

The Cheap InvestorApril 20, 2023April 20, 20230

PARIS (Reuters) – French carmaker Renault has picked BNP Paribas, Goldman Sachs and JPMorgan among the investment banks slated to…

  • Economy
  • Europe

Russia´s Lavrov in Havana on Latam drive to shore up support

The Cheap InvestorApril 20, 2023April 20, 20230

By Dave Sherwood HAVANA (Reuters) – Russian Foreign Minister Sergei Lavrov met on Thursday with Cuban President Miguel Diaz-Canel and…

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  • Economy

Luxury industry under scrutiny as EU probes Gucci and others

The Cheap InvestorApril 20, 2023April 20, 20230

By Emilio Parodi and Mimosa Spencer MILAN/PARIS (Reuters) -Europe’s flourishing luxury goods industry was under scrutiny on Thursday after European…

  • Business
  • Economy

IKEA plans new U.S. stores in $2.2 billion push to challenge Walmart and Wayfair

The Cheap InvestorApril 20, 2023April 20, 20230

By Helen Reid LONDON (Reuters) – IKEA stores owner Ingka Group will spend 2 billion euros ($2.2 billion) expanding in…

  • Business
  • Economy

With eye on IRA, Dowlais targets U.S. rare earth magnets for electric vehicles

The Cheap InvestorApril 20, 2023April 20, 20230

By Nick Carey LONDON (Reuters) – UK auto supplier Dowlais is developing rare earth magnets for production in the U.S….

  • Business
  • Economy

Deutsche Bank Russian profits leapt in 2022, even as assets dropped

The Cheap InvestorApril 20, 2023April 20, 20230

(Reuters) – Deutsche Bank’s Russian subsidiary’s profits jumped by almost six times in 2022 to 5.4 billion roubles ($66.42 million),…

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