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Reuters

Exclusive-India Tax Authority Froze $478 Million Of Xiaomi Funds In February-sources, Document
  • Headlines
  • Reuters

Exclusive-India Tax Authority Froze $478 Million Of Xiaomi Funds In February-sources, Document

The Cheap InvestorMay 12, 20220

By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Indian tax officials froze $478 million worth of deposits lying…

Campari Plans New Bars To Help Whet Aperitif Appetites
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  • Reuters

Campari Plans New Bars To Help Whet Aperitif Appetites

The Cheap InvestorMay 12, 20220

By Francesca Landini MILAN (Reuters) – Campari plans to open several flagship bars for its best-selling spirits in Europe and…

Canada Banks Face 'greenwashing' Claims As Oil & Gas Firms Obtain Sustainable Financing
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Canada Banks Face ‘greenwashing’ Claims As Oil & Gas Firms Obtain Sustainable Financing

The Cheap InvestorMay 12, 20220

By Nichola Saminather TORONTO (Reuters) – For banks in Canada, one of the world’s largest oil producers, it’s not easy…

SoftBank Vision Fund Posts $26 Billion Loss; Son Pledges Defence
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  • Reuters

SoftBank Vision Fund Posts $26 Billion Loss; Son Pledges Defence

The Cheap InvestorMay 12, 20220

By Sam Nussey TOKYO (Reuters) -Japan’s SoftBank Group Corp reported a record $26.2 billion loss at its Vision Fund investment…

Nissan Warns Of Flat Profit As Chip Shortage Becomes 'new Normal'
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Nissan Warns Of Flat Profit As Chip Shortage Becomes ‘new Normal’

The Cheap InvestorMay 12, 20220

By Satoshi Sugiyama TOKYO (Reuters) -Nissan Motor Co expects flat operating profits this fiscal year, far below analysts’ expectations, as…

Apple Supplier Foxconn Sees Challenges Ahead In China COVID Curbs, Inflation
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  • Reuters

Apple Supplier Foxconn Sees Challenges Ahead In China COVID Curbs, Inflation

The Cheap InvestorMay 12, 20220

By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Apple supplier Foxconn warned that current-quarter revenue for its electronics business including…

Volkswagen's EV Business As Profitable As Combustion Engines Sooner Than Planned - CEO
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  • Reuters

Volkswagen’s EV Business As Profitable As Combustion Engines Sooner Than Planned – CEO

The Cheap InvestorMay 12, 20220

BERLIN (Reuters) – Volkswagen expects its electric vehicle business to be as profitable as its fossil fuel-burning cars sooner than…

SoftBank's Vision Fund Posts Record $26 Billion Loss As Tech Stocks Take A Beating
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  • Reuters

SoftBank’s Vision Fund Posts Record $26 Billion Loss As Tech Stocks Take A Beating

The Cheap InvestorMay 12, 20220

By Sam Nussey TOKYO (Reuters) -Japan’s SoftBank Group Corp reported a record $26.2 billion loss at its Vision Fund investment…

UK Economy Unexpectedly Shrinks In March As Recession Risks Loom
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  • Reuters

UK Economy Unexpectedly Shrinks In March As Recession Risks Loom

The Cheap InvestorMay 12, 20220

By David Milliken and William Schomberg LONDON (Reuters) – Britain’s economy unexpectedly shrank 0.1% in March after a slump in…

India Seeks To Restore Block On $725 Million Of Xiaomi's Bank Assets
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  • Reuters

India Seeks To Restore Block On $725 Million Of Xiaomi’s Bank Assets

The Cheap InvestorMay 12, 20220

MUMBAI (Reuters) -India’s financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million in…

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