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Reuters

Ericsson Warns Likely To Be Fined Over Iraq Scandal, Reports Profit Slump
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Ericsson Warns Likely To Be Fined Over Iraq Scandal, Reports Profit Slump

The Cheap InvestorApril 14, 20220

By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom provider Ericsson said on Thursday it would likely be fined by U.S. regulators…

Oil Prices Fall As Market Weighs Mixed Supply Signals
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Oil Prices Fall As Market Weighs Mixed Supply Signals

The Cheap InvestorApril 14, 20220

By Mohi Narayan NEW DELHI -Oil prices slipped on Thursday amid thin trading volumes ahead of a public holiday, as…

Uniqlo Operator Fast Retailing's H1 Profit Rose 18% Despite China Slowdown
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Uniqlo Operator Fast Retailing’s H1 Profit Rose 18% Despite China Slowdown

The Cheap InvestorApril 14, 20220

TOKYO (Reuters) – Clothing brand Uniqlo’s Japanese owner said on Thursday first-half operating profit climbed 18%, even as COVID-19 lockdowns…

Benettons, Blackstone Offer 23 Euros A Share In Atlantia Bid
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Benettons, Blackstone Offer 23 Euros A Share In Atlantia Bid

The Cheap InvestorApril 14, 20220

MILAN (Reuters) -The holding company of Italy’s Benetton family and U.S. investment fund Blackstone will spend up to 12.7 billion…

Ericsson's Earnings Miss On Software Contract Delay, Russia Provision
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Ericsson’s Earnings Miss On Software Contract Delay, Russia Provision

The Cheap InvestorApril 14, 20220

STOCKHOLM (Reuters) – Sweden’s Ericsson, under fire over its handling of a bribery investigation in Iraq, on Thursday reported a…

Exclusive-Russian Companies, Banks Could Reap Windfall From Depositary Receipt Delisting
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Exclusive-Russian Companies, Banks Could Reap Windfall From Depositary Receipt Delisting

The Cheap InvestorApril 14, 20220

By Sinead Cruise and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – Russian companies and global banks including BNY Mellon, Deutsche Bank,…

South Korea Steps Up Inflation Fight With Surprise Rate Hike
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South Korea Steps Up Inflation Fight With Surprise Rate Hike

The Cheap InvestorApril 14, 20220

By Cynthia Kim and Joori Roh SEOUL (Reuters) – South Korea’s central bank raised its benchmark rate to the highest…

China's Anti-corruption Watchdog Involved In Probe Of Jack Ma's Ant - Bloomberg News
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China’s Anti-corruption Watchdog Involved In Probe Of Jack Ma’s Ant – Bloomberg News

The Cheap InvestorApril 13, 20220

(Reuters) – The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between…

Asian Shares Track Wall Street Higher As U.S. Yields Stabilise
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Asian Shares Track Wall Street Higher As U.S. Yields Stabilise

The Cheap InvestorApril 13, 20220

By Stella Qiu and Alun John BEIJING (Reuters) – Asian shares tracked Wall Street higher on Thursday, while U.S. Treasury…

Australian Unemployment Holds At 4% In March, Labour Market Still Hot
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Australian Unemployment Holds At 4% In March, Labour Market Still Hot

The Cheap InvestorApril 13, 20220

By Wayne Cole SYDNEY (Reuters) -Australia’s unemployment rate held at a 13-year low in March as jobs growth slowed after…

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