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Musk says Tesla will build vehicle designed to be a robotaxi

The Cheap InvestorApril 8, 2022April 11, 20220

AUSTIN, Texas (AP) — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making…

Benchmark Treasury Yield Hits 3-yr High; Dollar Index Reaches 100
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  • Reuters

Benchmark Treasury Yield Hits 3-yr High; Dollar Index Reaches 100

The Cheap InvestorApril 8, 20220

By Caroline Valetkevitch NEW YORK (Reuters) -The U.S. Treasury 10-year yield hit a three-year high above 2.7% on Friday while…

Credit Agricole Stake In Italy's Banco BPM Sparks Bid Speculation
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  • Reuters

Credit Agricole Stake In Italy’s Banco BPM Sparks Bid Speculation

The Cheap InvestorApril 8, 20220

By Valentina Za and Andrea Mandala MILAN (Reuters) -France’s Credit Agricole has become the single largest investor in Banco BPM…

U.S. Jury Deliberates In Ex-Goldman Banker's 1MDB Corruption Trial
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  • Reuters

U.S. Jury Deliberates In Ex-Goldman Banker’s 1MDB Corruption Trial

The Cheap InvestorApril 8, 20220

By Luc Cohen NEW YORK (Reuters) – A U.S. jury resumed deliberations on Friday in the trial of a former…

Unicredit Italian Diamond Fraud Case To Start Anew
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Unicredit Italian Diamond Fraud Case To Start Anew

The Cheap InvestorApril 8, 20220

MILAN (Reuters) -Proceedings involving Italian bank Unicredit over alleged fraudulent diamond sales will start again from scratch, judicial sources said…

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Russia cuts interest rate as ruble settles despite sanctions

The Cheap InvestorApril 8, 2022April 11, 20220

LONDON (AP) — Russia’s central bank has managed to stabilize key aspects of the economy with severe controls, artificially propping…

Shell Raises Russia Writedown To As Much As $5 Billion
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  • Reuters

Shell Raises Russia Writedown To As Much As $5 Billion

The Cheap InvestorApril 8, 20220

By Ron Bousso LONDON (Reuters) – Shell will write down up to $5 billion following its decision to exit Russia,…

Wall St Set For Subdued Open As Yields Rise Again
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  • Reuters

Wall St Set For Subdued Open As Yields Rise Again

The Cheap InvestorApril 8, 20220

By Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) -Wall Street was set for a subdued open on Friday as U.S….

U.S. Bond Funds Post Outflows For 13th Week In A Row
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U.S. Bond Funds Post Outflows For 13th Week In A Row

The Cheap InvestorApril 8, 20220

(Reuters) – U.S. investors remained net sellers of bond funds in the week to April 6 on rising prospects of…

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Japan to expel 8 Russian officials, impose new sanctions

The Cheap InvestorApril 8, 2022April 11, 20220

TOKYO (AP) — Japan announced Friday it is expelling eight Russian diplomats and trade officials and will phase out imports…

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