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Pressure grows for regulatory intervention as US bank rout deepens

The Cheap InvestorMay 4, 2023May 4, 20230

WASHINGTON (Reuters) -Pressure is growing on U.S. regulators to take more steps to shore up the country’s banking sector as…

  • Business
  • Economy

Fed data shows failed bank First Republic was key central bank borrower

The Cheap InvestorMay 4, 2023May 4, 20230

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve data on Thursday showed a large part of the central…

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Jury convicts Proud Boys members of seditious conspiracy in US Capitol attack

The Cheap InvestorMay 4, 2023May 4, 20230

By Sarah N. Lynch WASHINGTON (Reuters) -A jury on Thursday convicted four members of the far-right Proud Boys militia group…

  • Asia
  • Australia

Italy’s TIM seeks final offer for grid by June 9

The Cheap InvestorMay 4, 2023May 4, 20230

By Elvira Pollina and Juby Babu (Reuters) – Telecom Italia (TIM) said on Thursday it was unhappy with sweetened bids…

  • Asia
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Stocks fall, dollar rises as investors eye weakening economy

The Cheap InvestorMay 4, 2023May 4, 20230

By Sinéad Carew NEW YORK (Reuters) – A global measure of stocks fell for the fourth consecutive day while the…

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  • Technology

Booking Holdings beats profit estimates on strong travel demand

The Cheap InvestorMay 4, 2023May 4, 20230

(Reuters) – Booking Holdings Inc reported a better-than-expected profit for the first quarter on Thursday, as the online travel agency…

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NPCC forecasts adequate power supply in parts of U.S. Northeast, eastern Canada this summer

The Cheap InvestorMay 4, 20230

(Reuters) – Northeast Power Coordinating Council Inc (NPCC) on Thursday said its annual reliability assessment projected the regions under its…

  • Business
  • Economy

US meatpacker JBS opens cleaning unit after outside firm fined for hiring kids

The Cheap InvestorMay 4, 2023May 4, 20230

CHICAGO (Reuters) -JBS USA, one of biggest U.S. meatpackers, is creating an internal company to clean some of its processing…

  • Asia
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Taiwan says F-16 deliveries delayed, working to minimise damage

The Cheap InvestorMay 4, 2023May 4, 20230

TAIPEI (Reuters) -Taiwan Defence Minister Chiu Kuo-cheng said on Thursday that the delivery of 66 advanced new F-16Vs from the…

  • Asia
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US Senate repeals solar panel tariff suspension, Biden expected to veto

The Cheap InvestorMay 4, 2023May 4, 20230

By Nichola Groom and Moira Warburton WASHINGTON (Reuters) -The U.S. Senate on Wednesday voted to repeal President Joe Biden’s suspension…

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