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BetMGM To Turn A Profit Next Year
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BetMGM To Turn A Profit Next Year

The Cheap InvestorJanuary 19, 20220

(Reuters) – BetMGM is expected to turn a profit next year, while revenue in 2022 is likely to exceed a…

Bank Of America Profit Beats Estimates On Loan Growth, M&A Boost
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Bank Of America Profit Beats Estimates On Loan Growth, M&A Boost

The Cheap InvestorJanuary 19, 20220

(Reuters) -Bank of America Corp reported a better-than-expected 30% jump in quarterly profit on Wednesday, as it benefited from loan…

Bank Of America Profit Jumps On M&A Boost, Loan Growth
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Bank Of America Profit Jumps On M&A Boost, Loan Growth

The Cheap InvestorJanuary 19, 20220

(Reuters) – Bank of America Corp reported a jump in fourth-quarter profit on Wednesday, benefiting from loan growth and a…

British Digital Banking App Revolut Launches U.S. Stock Trading
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British Digital Banking App Revolut Launches U.S. Stock Trading

The Cheap InvestorJanuary 19, 20220

By Hannah Lang (Reuters) – Britain-based digital banking app Revolut launched commission-free stock trading in the United States on Wednesday,…

China Wants Internet Giants To Get Approval For Investments, Fundraisings - Sources
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China Wants Internet Giants To Get Approval For Investments, Fundraisings – Sources

The Cheap InvestorJanuary 19, 20220

HONG KONG/BEIJING (Reuters) – China’s cyberspace regulator has drafted new guidelines that will require the country’s large internet companies to…

Jewellery Helps Richemont Sales Jump Amid Post-pandemic Luxury Revival
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Jewellery Helps Richemont Sales Jump Amid Post-pandemic Luxury Revival

The Cheap InvestorJanuary 19, 20220

By Silke Koltrowitz ZURICH (Reuters) -Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic…

Analysis-Sony Faces Deep-pocketed Rivals In War Over Future Of Gaming
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Analysis-Sony Faces Deep-pocketed Rivals In War Over Future Of Gaming

The Cheap InvestorJanuary 19, 20220

By Sam Nussey TOKYO (Reuters) – Sony Group, perched atop the gaming sector, is facing a fresh challenge from cash-rich…

Chinese Property Developers Face Big Debt Maturities In 2022
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Chinese Property Developers Face Big Debt Maturities In 2022

The Cheap InvestorJanuary 19, 20220

By Patturaja Murugaboopathy and Andrew Galbraith (Reuters) – Chinese real estate developers are staring at enormous amounts of debt maturing…

UK Inflation Rises To Highest Since March 1992
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UK Inflation Rises To Highest Since March 1992

The Cheap InvestorJanuary 19, 20220

LONDON (Reuters) – British consumer price inflation rose more than expected to 5.4% in December, up from November’s 5.1% reading…

NY AG Seeks Testimony From Trump, His Children Over Financial Dealings
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NY AG Seeks Testimony From Trump, His Children Over Financial Dealings

The Cheap InvestorJanuary 19, 20220

By Shivam Patel (Reuters) – New York Attorney General Letitia James said late on Tuesday that former U.S. President Donald…

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