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Didi, Lenovo Founders Go Private On China Social Media, Join Retreat From Spotlight
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  • Reuters

Didi, Lenovo Founders Go Private On China Social Media, Join Retreat From Spotlight

The Cheap InvestorMay 5, 20220

By Josh Ye HONG KONG (Reuters) – The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder…

  • AP
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OPEC+ opens oil taps gradually as Russian war roils markets

The Cheap InvestorMay 5, 2022May 6, 20220

LONDON (AP) — OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world,…

Bank Of England Set For 4th Straight Rate Hike To Fight Inflation
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  • Reuters

Bank Of England Set For 4th Straight Rate Hike To Fight Inflation

The Cheap InvestorMay 5, 20220

By William Schomberg LONDON (Reuters) – The Bank of England looks poised to raise interest rates on Thursday for the…

German Industrial Orders Fall As Ukraine War Dampens Demand
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  • Reuters

German Industrial Orders Fall As Ukraine War Dampens Demand

The Cheap InvestorMay 5, 20220

BERLIN (Reuters) -German industrial orders fell more than expected in March, driven mainly by a reduction in orders from abroad…

Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge
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  • Reuters

Shell Posts Record Quarterly Profit, Lifted By Energy Price Surge

The Cheap InvestorMay 5, 20220

By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell on Thursday reported a record first-quarter profit of $9.13 billion, boosted…

ArcelorMittal Increases Buyback Program, Sees Global Steel Dip
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  • Reuters

ArcelorMittal Increases Buyback Program, Sees Global Steel Dip

The Cheap InvestorMay 5, 20220

By Marine Strauss BRUSSELS (Reuters) – ArcelorMittal reported higher-than-expected core profit in the first quarter on Thursday, but said it…

Oil Climbs Higher On Supply Jitters As EU Lays Out Russian Oil Ban
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Oil Climbs Higher On Supply Jitters As EU Lays Out Russian Oil Ban

The Cheap InvestorMay 5, 20220

By Florence Tan (Reuters) – Oil prices extended gains on Thursday on supply concerns as the European Union proposal laid…

Shell Posts Record Profit On High Energy Prices And Trading Boost
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  • Reuters

Shell Posts Record Profit On High Energy Prices And Trading Boost

The Cheap InvestorMay 5, 20220

LONDON (Reuters) – Shell reported on Thursday a profit of $9.13 billion in the first quarter, its highest ever, boosted…

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Asian stocks follow Wall St down as rate hike worries grow

The Cheap InvestorMay 5, 2022May 6, 20220

BEIJING (AP) — Asian stocks followed Wall Street lower Friday as fears spread that U.S. interest rate hikes to fight…

Air France-KLM Beats Earnings Forecasts As Summer Bookings Take Off
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  • Reuters

Air France-KLM Beats Earnings Forecasts As Summer Bookings Take Off

The Cheap InvestorMay 5, 20220

PARIS (Reuters) – Air France-KLM posted a first-quarter core profit that landed ahead of its own forecasts, fuelled by a…

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