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The Cheap Investor

The Cheap Investor

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Reuters

U.S. Weekly Jobless Claims Jump To Highest Level Since Late 2021
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U.S. Weekly Jobless Claims Jump To Highest Level Since Late 2021

The Cheap InvestorMay 11, 20230

WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits jumped last week to the highest level…

Electric Vehicle Maker Polestar Lowers Production Guidance, Cuts Jobs
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Electric Vehicle Maker Polestar Lowers Production Guidance, Cuts Jobs

The Cheap InvestorMay 11, 20230

STOCKHOLM (Reuters) – Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and…

Italy's Antitrust Watchdog Probes Apple Over Alleged App Market Abuse
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Italy’s Antitrust Watchdog Probes Apple Over Alleged App Market Abuse

The Cheap InvestorMay 11, 20230

ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple for…

Germany's Merck Flags Decline In Operating Profit Of Up To 10% In 2023
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Germany’s Merck Flags Decline In Operating Profit Of Up To 10% In 2023

The Cheap InvestorMay 11, 20230

By Ludwig Burger FRANKFURT (Reuters) – Germany’s Merck KGaA on Thursday warned that adjusted operating earnings could decline by as…

Emirates Airline Creates $200 Million Aviation Sustainability Fund
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Emirates Airline Creates $200 Million Aviation Sustainability Fund

The Cheap InvestorMay 11, 20230

DUBAI (Reuters) -Emirates airline said on Thursday it had committed $200 million to a research fund focusing on reducing the…

Marketmind: US Debt Drama Crashes Japan's G7 Party
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Marketmind: US Debt Drama Crashes Japan’s G7 Party

The Cheap InvestorMay 11, 20230

A look at the day ahead in European and global markets from Kevin Buckland. U.S. Treasury Secretary Janet Yellen is…

Analysis-Vast China-Russia Resources Trade Shifts To Yuan From Dollars In Ukraine Fallout
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Analysis-Vast China-Russia Resources Trade Shifts To Yuan From Dollars In Ukraine Fallout

The Cheap InvestorMay 10, 20230

By Chen Aizhu SINGAPORE (Reuters) – China has dramatically increased use of the yuan to buy Russian commodities over the…

Philippines Q1 GDP Slows To 6.4%, But Faster Than Forecast
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Philippines Q1 GDP Slows To 6.4%, But Faster Than Forecast

The Cheap InvestorMay 10, 20230

MANILA (Reuters) – The Philippine economy expanded 6.4% in the first quarter from a year earlier, the statistics agency said…

Biden Warns Of Recession Unless Republicans Back His Debt Ceiling Plan
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Biden Warns Of Recession Unless Republicans Back His Debt Ceiling Plan

The Cheap InvestorMay 10, 20230

By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly…

Grupo Mexico Nearing $7 Billion Deal For Citi's Banamex Unit - Source
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Grupo Mexico Nearing $7 Billion Deal For Citi’s Banamex Unit – Source

The Cheap InvestorMay 10, 20230

By Andres Gonzalez (Reuters) – Conglomerate Grupo Mexico is set to buy Citigroup Inc’s retail banking operations in Mexico for…

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