Uncategorized Maersk warns of slower demand for container shipping The Cheap InvestorAugust 4, 2023August 4, 20230 By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand…
Uncategorized Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood The Cheap InvestorAugust 4, 2023August 4, 20230 By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90%,…
Uncategorized Putin signs law on windfall tax The Cheap InvestorAugust 4, 2023August 4, 20230 (Reuters) – President Vladimir Putin has signed a law introducing a windfall tax on excess profits of Russian companies, which…
Uncategorized Meme stock Tupperware jumps as debt restructuring deal fires up retail army The Cheap InvestorAugust 4, 2023August 4, 20230 By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the kitchen storage container…
BusinessEconomy Explainer-Charting the Fed’s policy path The Cheap InvestorAugust 4, 2023August 4, 20230 (Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final installment of what…
Uncategorized Jailed Russian opposition politician Navalny gets 19 more years in prison, says his team The Cheap InvestorAugust 4, 2023August 4, 20230 MELEKHOVO, Russia (Reuters) -Jailed Russian opposition politician Alexei Navalny was sentenced on Friday to an additional 19 years in prison…
Uncategorized Canada’s Ivey PMI shows activity contracting in July The Cheap InvestorAugust 4, 2023August 4, 20230 TORONTO (Reuters) – Canadian economic activity contracted in July for the first time in seven months as a measure of…
Uncategorized Ukrainian drone disables Russian warship near Russia’s Novorossiysk port The Cheap InvestorAugust 4, 2023August 4, 20230 By Tom Balmforth (Reuters) -A Russian warship was seriously damaged in an overnight Ukrainian naval drone attack on Russia’s Black…
Uncategorized United Airlines buying land in Denver as it pursue growth strategy The Cheap InvestorAugust 4, 2023August 4, 20230 By David Shepardson and Rajesh Kumar Singh (Reuters) – United Airlines on Friday said it is spending $33 million to…
Uncategorized Analysis-While AI takes the spotlight, infrastructure stocks shine The Cheap InvestorAugust 4, 2023August 4, 20230 By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks have rallied this year, largely on the back of companies with…