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U.S. Treasury's Yellen Says Fed Can Bring Down Inflation Without Causing Recession
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U.S. Treasury’s Yellen Says Fed Can Bring Down Inflation Without Causing Recession

The Cheap InvestorMay 12, 20220

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said that she believes the Federal Reserve can bring down inflation without causing…

Swedish Match Investors Divided Over Philip Morris Bid
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Swedish Match Investors Divided Over Philip Morris Bid

The Cheap InvestorMay 12, 20220

By Richa Naidu LONDON (Reuters) -Some Swedish Match investors are divided about whether Philip Morris’ $16 billion offer for the…

Balkan Companies See 'near-shoring' Opportunity With Global Supply Woes
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Balkan Companies See ‘near-shoring’ Opportunity With Global Supply Woes

The Cheap InvestorMay 12, 20220

By Daria Sito-Sucic SARAJEVO (Reuters) – As supply chain disruptions caused by the COVID-19 pandemic, war in Ukraine and lockdowns…

U.S. Labor Market Still Tightening; Producer Price Gains Moderate
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U.S. Labor Market Still Tightening; Producer Price Gains Moderate

The Cheap InvestorMay 12, 20220

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week,…

Swedish Match Top 10 Investor Says Philip Morris Bid A 'healthy Premium'
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Swedish Match Top 10 Investor Says Philip Morris Bid A ‘healthy Premium’

The Cheap InvestorMay 12, 20220

LONDON (Reuters) – Philip Morris’ $16 billion offer for Stockholm-based Swedish Match represents a “healthy premium” and the Marlboro maker…

Fed Chief Powell's Senate Confirmation Vote Set For Thursday
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Fed Chief Powell’s Senate Confirmation Vote Set For Thursday

The Cheap InvestorMay 12, 20220

WASHINGTON (Reuters) -The U.S. Senate on Thursday is set to decide whether to give Jerome Powell a second term as…

Fears That High Inflation Could Crimp Global Growth Send Dollar To 20-yr High
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Fears That High Inflation Could Crimp Global Growth Send Dollar To 20-yr High

The Cheap InvestorMay 12, 20220

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar climbed to a 20-year high on Thursday as concerns persisted that…

Roche Chairman: Broad Pipeline Can Cushion Blow From Cancer Setback
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Roche Chairman: Broad Pipeline Can Cushion Blow From Cancer Setback

The Cheap InvestorMay 12, 20220

ZURICH (Reuters) – Roche administrative-board Chairman Christoph Franz said on Thursday a wide product development pipeline at the Swiss pharma…

India Consumer Price Inflation Hits Eight-year High On Food, Energy Costs
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India Consumer Price Inflation Hits Eight-year High On Food, Energy Costs

The Cheap InvestorMay 12, 20220

By Manoj Kumar and Aftab Ahmed NEW DELHI (Reuters) -Rising food and energy prices pushed India’s annual retail inflation up…

U.S. Weekly Jobless Claims Rise; Monthly Producer Price Gains Slow
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U.S. Weekly Jobless Claims Rise; Monthly Producer Price Gains Slow

The Cheap InvestorMay 12, 20220

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but there is…

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