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Middle East

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US imposes sanctions on companies tied to Sudan forces as fighting rages

The Cheap InvestorJune 1, 2023June 1, 20230

KHARTOUM/WASHINGTON (Reuters) -The United States on Thursday imposed sanctions on companies it accused of fuelling the conflict in Sudan, stepping…

  • Asia
  • Business

Will OPEC+ announce more output cuts? Analysts have their say

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) – The Organization of the Petroleum Exporting Countries with Russia and other allies, or OPEC+, meet on June 4…

  • Asia
  • Europe

NATO squabbles over speedy accession of Ukraine as decisive summit looms

The Cheap InvestorJune 1, 2023June 1, 20230

By Sabine Siebold and Gwladys Fouche OSLO (Reuters) – Moscow cannot stop Ukraine from becoming a NATO member, the alliance’s…

  • Business
  • Economy

EV maker Lucid to raise $3 billion, mainly from Saudi’s PIF

The Cheap InvestorJune 1, 2023June 1, 20230

By Akriti Sharma and Abhirup Roy (Reuters) – Lucid Group said it plans to raise about $3 billion through a…

  • Business
  • Economy

OPEC+ unlikely to deepen oil supply cuts at June 4 meeting, sources say

The Cheap InvestorJune 1, 2023June 1, 20230

By Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC and its allies are unlikely to deepen supply cuts at…

  • Asia
  • Business

Nvidia runaway winner in market cap addition in May

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) – Nvidia Corp’s market capitalisation jumped the most in May among the top 20 global companies by market value,…

  • Business
  • Economy

SNB defends raising rates, says not to blame for Credit Suisse failure

The Cheap InvestorJune 1, 2023June 1, 20230

(This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse,…

  • Asia
  • Business

Modi’s chip making plan flounders as firms struggle to find tech partners

The Cheap InvestorJune 1, 2023June 1, 20230

By Munsif Vengattil, Aditya Kalra and Jane Lanhee Lee NEW DELHI/OAKLAND, California (Reuters) -Big companies including a Foxconn joint venture…

  • Middle East
  • Politics

Tape recording shows Trump acknowledging he kept classified document on Iran -CNN

The Cheap InvestorMay 31, 2023May 31, 20230

WASHINGTON (Reuters) – Federal prosecutors have a 2021 audio recording of former President Donald Trump acknowledging he kept a classified…

  • Africa
  • Middle East

Sudanese army suspends ceasefire talks

The Cheap InvestorMay 31, 2023May 31, 20230

KHARTOUM (Reuters) -Sudan’s army suspended talks with a rival paramilitary force on Wednesday over a ceasefire and aid access, raising…

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