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Russian central bank plays down impact of foreign company exits

The Cheap InvestorMay 26, 2023May 26, 20230

By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Only five transactions involving foreign companies selling assets in Russia since…

  • Business
  • Economy

OpenAI CEO’s threat to quit EU draws lawmaker backlash

The Cheap InvestorMay 26, 2023May 26, 20230

By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around…

  • Business
  • Canada

Canada to launch probe into OpenAI over privacy concerns

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI’s data collection and usage, becoming the latest…

  • Economy
  • Elections

Analysis-Turkish lira’s long decline a symbol of strife

The Cheap InvestorMay 26, 2023May 26, 20230

By Marc Jones and Nevzat Devranoglu LONDON/ANKARA (Reuters) – As Turkey’s lira hit a record low ahead of the country’s…

  • Business
  • Economy

As US credit risk looms, former S&P officials see 2011 downgrade as vindicated

The Cheap InvestorMay 26, 2023May 26, 20230

By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard &…

  • Business
  • Central America

Mexican economy grew for sixth consecutive quarter in Q1

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) – Mexico’s economy grew for the sixth quarter in a row in the first quarter, data from Latin America’s…

  • Business
  • Economy

US core capital goods orders unexpectedly rebound in April

The Cheap InvestorMay 26, 2023May 26, 20230

WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending…

  • Business
  • Technology

Pinduoduo owner PDD rides discount wave to beat revenue estimates

The Cheap InvestorMay 26, 2023May 26, 20230

By Chavi Mehta and Casey Hall (Reuters) – PDD Holdings Inc beat analysts’ estimates for first-quarter revenue on Friday as…

  • Business
  • Economy

Tipster on Ericsson won SEC’s largest ever whistleblower award of $279 million -WSJ

The Cheap InvestorMay 26, 2023May 26, 20230

(Reuters) -The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from…

  • Asia
  • Economy

Japan unveils policy blueprint featuring childcare, no mention of funding

The Cheap InvestorMay 26, 2023May 26, 20230

By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister…

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