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Shareholders of Evergrande’s EV unit agree on restructuring deal

The Cheap InvestorMay 13, 2023May 13, 20230

By Xie Yu HONG KONG (Reuters) – Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose…

  • Business
  • Health

FDA issues marketing denial for 6,500 flavored e-cigarettes

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) -The U.S. Food and Drug Administration (FDA) on Friday issued marketing denial orders to 10 companies which collectively manufacture…

  • Asia
  • Business

Eisai, Biogen Alzheimer’s drug Leqembi would cost US Medicare up to $5 billion a year, study finds

The Cheap InvestorMay 12, 2023May 12, 20230

(This May 11 story has been corrected to change some wording in the quote by Dr. Mafi in paragraph 15)…

  • Business
  • Health

Pfizer CEO calls US drug price plan ‘negotiation with a gun to your head’

The Cheap InvestorMay 12, 2023May 12, 20230

By Michael Erman and Bhanvi Satija NEW YORK (Reuters) -Pfizer Inc Chief Executive Albert Bourla called U.S. plans to negotiate…

  • Asia
  • Business

US extends certain COVID-related exclusions from China tariffs

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) – The U.S. Trade Representative’s Office said on Friday it was extending exclusions from tariffs for 77 of 81…

  • Africa
  • Environment

A week after Congo floods, volunteers dig through debris for bodies

The Cheap InvestorMay 12, 2023May 12, 20230

By Crispin Kyala BUSHUSHU, Democratic Republic of Congo (Reuters) – With shovels, sticks and bare hands, Red Cross volunteers struggled…

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U.S. metals magnate Sabin sours on DeSantis, backs Scott in 2024 race

The Cheap InvestorMay 12, 2023May 12, 20230

By Alexandra Ulmer (Reuters) – Metals magnate and Republican donor Andy Sabin said he has soured on Florida Governor Ron…

  • Business
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US lawmakers seek probe of how Elon Musk’s brain chip venture oversees animal experiments

The Cheap InvestorMay 12, 2023May 12, 20230

By Rachael Levy WASHINGTON (Reuters) – U.S. lawmakers will ask regulators to investigate whether the make-up of a panel overseeing…

  • Economy
  • Health

Black mothers in the US speak of challenges and resilience

The Cheap InvestorMay 12, 2023May 12, 20230

By Joy Malone TOMS RIVER, New Jersey (Reuters) – Ciara Clark, a Black doula, labored for more than nine hours…

  • Asia
  • Business

Hong Kong Q1 GDP grew 2.7% y/y, sees tourism, consumption driving recovery this year

The Cheap InvestorMay 12, 2023May 12, 20230

HONG KONG (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter from a year earlier, government data showed on…

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