HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…
HeadlinesReuters 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…