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Headlines

Exclusive-ECB Tells Banks To Watch All Russian Clients In Widening Of Sanctions Net -sources
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  • Reuters

Exclusive-ECB Tells Banks To Watch All Russian Clients In Widening Of Sanctions Net -sources

The Cheap InvestorMarch 16, 20220

By Francesco Canepa and Jesús Aguado FRANKFURT/MADRID (Reuters) – European Union regulators have told some banks to scrutinise transactions by…

Explainer-Raskin's Withdrawal From Fed Nomination Spells More Delays For Rule Changes
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  • Reuters

Explainer-Raskin’s Withdrawal From Fed Nomination Spells More Delays For Rule Changes

The Cheap InvestorMarch 16, 20220

By Pete Schroeder WASHINGTON (Reuters) – Sarah Bloom Raskin’s decision Tuesday to withdraw her nomination as the Federal Reserve’s Wall…

LME Nickel Trading Halted In Chaotic Market Resumption
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  • Reuters

LME Nickel Trading Halted In Chaotic Market Resumption

The Cheap InvestorMarch 16, 20220

By Pratima Desai, Zandi Shabalala and Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) halted nickel trading on…

Volkswagen Brand Reluctant To Make 2022 Forecast
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  • Reuters

Volkswagen Brand Reluctant To Make 2022 Forecast

The Cheap InvestorMarch 16, 20220

BERLIN (Reuters) – German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9…

Reeling From China's Crackdown, Alibaba And Tencent Readying Big Job Cuts - Sources
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  • Reuters

Reeling From China’s Crackdown, Alibaba And Tencent Readying Big Job Cuts – Sources

The Cheap InvestorMarch 16, 20220

By Julie Zhu, Yingzhi Yang and Yew Lun Tian (Reuters) – Alibaba Group and Tencent Holdings are preparing to cut…

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China tries to calm markets by pledging support for economy

The Cheap InvestorMarch 16, 2022March 16, 20220

BEIJING (AP) — China’s government tried Wednesday to reassure jittery investors by promising support for real estate and technology companies…

NortonLifeLock's $8.6 Billion Avast Deal Faces In-depth UK Probe
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  • Reuters

NortonLifeLock’s $8.6 Billion Avast Deal Faces In-depth UK Probe

The Cheap InvestorMarch 16, 20220

(Reuters) -U.S. cybersecurity firm NortonLifeLock Inc’s $8.6 billion purchase of rival Avast Plc will face an in-depth probe by Britain…

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Asian stocks follow Wall Street higher after Fed rate hike

The Cheap InvestorMarch 16, 2022March 17, 20220

BEIJING (AP) — Asian stock prices surged for a second day Thursday after the Federal Reserve announced its first interest…

Inditex Says 2021 Net Profit More Than Doubled From 2020
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Inditex Says 2021 Net Profit More Than Doubled From 2020

The Cheap InvestorMarch 16, 20220

MADRID (Reuters) -Zara owner Inditex reported on Wednesday its net profit more than doubled in 2021 to 3.2 billion euros…

Cargo Ship Runs Aground In U.S., A Year After Sister Vessel Blocked Suez Canal
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Cargo Ship Runs Aground In U.S., A Year After Sister Vessel Blocked Suez Canal

The Cheap InvestorMarch 16, 20220

(Reuters) -The Ever Forward container ship is currently grounded in the Chesapeake Bay near Baltimore, according to the U.S. Coast…

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