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Oil rises 3% on US debt ceiling progress, traders on alert for OPEC+ meeting

The Cheap InvestorJune 1, 2023June 1, 20230

By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Thursday by the most in two weeks ahead of an OPEC+…

  • Business
  • Economy

Apple denies surveillance claims made by Russia’s FSB

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) – Apple Inc is denying claims made by Russia’s Federal Security Service (FSB) that it cooperated with American spies…

  • Business
  • Economy

Fed should stop raising rates, at least in June -Harker

The Cheap InvestorJune 1, 2023June 1, 20230

By Ann Saphir (Reuters) – U.S. central bankers should not raise interest rates at their next meeting, Philadelphia Federal Reserve…

  • Asia
  • Business

GQG adds more Nvidia as chipmaker has a ‘new leg’, says CIO

The Cheap InvestorJune 1, 2023June 1, 20230

By Carolina Mandl NEW YORK (Reuters) -A big buyer of Nvidia Corp’s shares in the first quarter, Australia-listed investment firm…

  • Asia
  • Australia

US-China tensions expected to dominate Asia security meeting

The Cheap InvestorJune 1, 2023June 1, 20230

By Xinghui Kok and Greg Torode SINGAPORE (Reuters) -Tensions between the United States and China are expected to loom over…

  • Business
  • Economy

Citigroup hires former UBS banker for energy dealmaking – memo

The Cheap InvestorJune 1, 2023June 1, 20230

By David French and Anirban Sen (Reuters) – Citigroup Inc has hired former UBS Group AG banker Dan Ford as…

  • Business
  • Technology

Elon Musk is accused of insider trading by investors in Dogecoin lawsuit

The Cheap InvestorJune 1, 2023June 1, 20230

By Jonathan Stempel NEW YORK (Reuters) – Elon Musk is being accused of insider trading in a proposed class action…

  • Business
  • Technology

CNN Worldwide appoints Warner Bros Discovery’s David Leavy as COO

The Cheap InvestorJune 1, 2023June 1, 20230

(Reuters) – Warner Bros Discovery Inc senior executive David Leavy has been appointed as chief operating officer of CNN Worldwide,…

  • Business
  • Economy

Semi shorts down $18 billion in mark-to-market losses in 2023, S3 Partners says

The Cheap InvestorJune 1, 2023June 1, 20230

NEW YORK (Reuters) – Short sellers in U.S. shares related to the semiconductor industry are down $18.31 billion in mark-to-market…

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  • US

Gap settles Patagonia trademark lawsuit over ‘iconic’ pocket design

The Cheap InvestorJune 1, 2023June 1, 20230

By Andrew Goudsward (Reuters) – Outdoor clothing retailer Patagonia Inc has settled its lawsuit accusing Gap Inc of illegally copying…

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