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Slovakia, Hungary won’t back EU sanctions on Russian energy

The Cheap InvestorMay 3, 2022May 4, 20220

BUDAPEST, Hungary (AP) — Slovakia and Hungary said Tuesday that they will not support sanctions against Russian energy that the…

Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales
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  • Reuters

Paramount Misses Quarterly Revenue Estimates On Weak TV Ad Sales

The Cheap InvestorMay 3, 20220

By Eva Mathews and Helen Coster (Reuters) – Paramount Global said on Tuesday it added more than 6 million streaming…

Snarled-up Ports Point To Worsening Global Supply Chain Woes - Report
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  • Reuters

Snarled-up Ports Point To Worsening Global Supply Chain Woes – Report

The Cheap InvestorMay 3, 20220

By Marc Jones LONDON (Reuters) – Global supply chain problems look to set to worsen, a new report published on…

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German opposition leader visits Kyiv, Scholz refuses to go

The Cheap InvestorMay 3, 2022May 3, 20220

KYIV, Ukraine (AP) — Germany’s conservative opposition leader traveled to Kyiv on Tuesday for meetings with Ukrainian officials, as Chancellor…

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Strong BP profit renews call for energy sector windfall tax

The Cheap InvestorMay 3, 2022May 4, 20220

LONDON (AP) — BP posted its highest quarterly profit in more than a decade thanks to surging oil and gas…

Marathon Petroleum Posts Profit On Robust Refining Margins
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  • Reuters

Marathon Petroleum Posts Profit On Robust Refining Margins

The Cheap InvestorMay 3, 20220

(Reuters) -U.S. refiner Marathon Petroleum posted a first-quarter profit on Tuesday, compared with a loss last year, buoyed by strong…

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Change at the top for Biogen after Alzheimer’s drug flops

The Cheap InvestorMay 3, 2022May 3, 20220

Biogen will replace its CEO and largely abandon marketing of its controversial Alzheimer’s drug Aduhelm less than a year after…

KKR's First-quarter Earnings Jump 47% On Strong Asset Sales, Fees
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  • Reuters

KKR’s First-quarter Earnings Jump 47% On Strong Asset Sales, Fees

The Cheap InvestorMay 3, 20220

(Reuters) – Private equity firm KKR & Co Inc said on Tuesday that its first-quarter distributable earnings rose 47% year-on-year,…

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Hong Kong economy shrinks 4% under anti-virus controls

The Cheap InvestorMay 3, 2022May 3, 20220

HONG KONG (AP) — Hong Kong’s economy shrank by 4% compared with a year earlier in the quarter ending in…

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Pfizer profit soars in first quarter, revises 2022 forecast

The Cheap InvestorMay 3, 2022May 3, 20220

COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street’s first-quarter expectations, as the drugmaker’s profit grew 61%. The…

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