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US, EU agree firm stance on China at trade, tech meeting

The Cheap InvestorMay 31, 2023May 31, 20230

By Philip Blenkinsop LULEA, Sweden (Reuters) – The United States and the European Union pledged on Wednesday to join forces…

  • Business
  • Environment

Chevron shareholders reject proposals on climate at annual general meeting

The Cheap InvestorMay 31, 2023May 31, 20230

HOUSTON (Reuters) – Oil major Chevron Corp’s shareholders overwhelmingly voted against proposals on climate, including emissions. About 90.4% of preliminary…

  • Business
  • Latin America

Claims pursuing Citgo’s assets surpass $20 billion -supervisory board

The Cheap InvestorMay 31, 2023May 31, 20230

HOUSTON/CARACAS (Reuters) – A group of Venezuela-related expropriation claims at U.S. courts pursuing Citgo Petroleum’s assets surpass $20 billion, making…

  • Asia
  • Business

Elon Musk greeted with flattery and feasts during China trip

The Cheap InvestorMay 31, 2023May 31, 20230

By Martin Quin Pollard BEIJING (Reuters) -Billionaire Elon Musk was showered with praise during a trip to China this week,…

  • Business
  • Canada

Franklin Templeton to buy Putnam Investments from Great-West Lifeco for $925 million

The Cheap InvestorMay 31, 2023May 31, 20230

By Mehnaz Yasmin (Reuters) -Franklin Resources Inc, a global investment management firm that operates as Franklin Templeton, plans to acquire…

  • Asia
  • Middle East

Qatar prime minister, Taliban chief hold secret Afghan talks -source

The Cheap InvestorMay 31, 2023May 31, 20230

By Jonathan Landay WASHINGTON (Reuters) -The Qatari prime minister held secret talks with the supreme leader of the Taliban this…

  • Business
  • Economy

Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook

The Cheap InvestorMay 31, 2023May 31, 20230

(Reuters) – Shares of Intel Corp rose about 5% after the chipmaker’s finance chief said on Wednesday that the company…

  • Business
  • Economy

U.S. banks saw record deposit declines in Q1 as profits remained steady: FDIC

The Cheap InvestorMay 31, 2023May 31, 20230

By Pete Schroeder WASHINGTON (Reuters) – U.S. banks saw total deposits decline by a record 2.5% in the first quarter…

  • Business
  • Economy

US default probability at lowest since January – MSCI

The Cheap InvestorMay 31, 2023May 31, 20230

NEW YORK (Reuters) – The probability of a U.S. default has declined to its lowest since January, according to MSCI…

  • Business
  • Economy

Wells Fargo CEO says there will be losses in office loan portfolio

The Cheap InvestorMay 31, 2023May 31, 20230

By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said on…

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