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Fed's Mester Says She Would Support March Rate Hike To Battle Persistent Inflation
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Fed’s Mester Says She Would Support March Rate Hike To Battle Persistent Inflation

The Cheap InvestorJanuary 11, 20220

(Reuters) – The Federal Reserve may need to raise interest rates at least three times this year, starting with a…

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CVS Raises 2021 Profit View As COVID-19 Vaccines, Tests Drive Retail Strength

The Cheap InvestorJanuary 11, 2022January 11, 20220

(Reuters) – CVS Health Corp on Tuesday raised its adjusted earnings forecast for 2021, citing strong retail sales helped by…

BioNTech Eyes Up To 17 Billion Euros In Vaccine Revenue In 2022
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BioNTech Eyes Up To 17 Billion Euros In Vaccine Revenue In 2022

The Cheap InvestorJanuary 11, 20220

FRANKFURT (Reuters) – Germany’s BioNTech said on Tuesday it would likely generate up to 17 billion euros ($19 billion) in…

Apple Submits Plans To Allow Alternative Payment Systems In S.Korea - Regulator
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Apple Submits Plans To Allow Alternative Payment Systems In S.Korea – Regulator

The Cheap InvestorJanuary 11, 20220

SEOUL (Reuters) – South Korea’s telecommunications regulator said on Tuesday Apple Inc had submitted plans to allow third-party payment systems…

Taiwan To Launch $1 Billion Lithuania Credit Fund Amid Beijing Pressure
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Taiwan To Launch $1 Billion Lithuania Credit Fund Amid Beijing Pressure

The Cheap InvestorJanuary 11, 20220

VILNIUS (Reuters) – Taiwan will launch a $1 billion credit programme to help fund joint projects between Lithuanian and Taiwanese…

Oil Rises To $82 As Demand Recovery Seen On Track
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Oil Rises To $82 As Demand Recovery Seen On Track

The Cheap InvestorJanuary 11, 20220

By Alex Lawler LONDON (Reuters) – Oil rose to around $82 a barrel on Tuesday, supported by tight supply and…

Fed's Bostic Says Three Hikes, Fast Balance Sheet Runoff Needed For Inflation Fight
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Fed’s Bostic Says Three Hikes, Fast Balance Sheet Runoff Needed For Inflation Fight

The Cheap InvestorJanuary 11, 20220

By Howard Schneider WASHINGTON (Reuters) – High inflation and a strong recovery will require the Federal Reserve to raise interest…

LME Resumes Trading After A Third-party Power Outage
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LME Resumes Trading After A Third-party Power Outage

The Cheap InvestorJanuary 11, 20220

LONDON/BENGALURU (Reuters) -Trading on the London Metal Exchange (LME) resumed on Tuesday morning after a power outage as the world’s…

Stocks Steady, Bond Yields Cling To Highs Ahead Of Fed Testimony
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Stocks Steady, Bond Yields Cling To Highs Ahead Of Fed Testimony

The Cheap InvestorJanuary 11, 20220

By Karin Strohecker and Sujata Rao LONDON (Reuters) – Global stocks edged up and bond yields clung to recent highs…

Dollar Slips Ahead Of Powell Comments; Swiss Franc At Seven Week High
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Dollar Slips Ahead Of Powell Comments; Swiss Franc At Seven Week High

The Cheap InvestorJanuary 11, 20220

LONDON (Reuters) – The dollar slipped on Tuesday but was stuck within recent ranges as investors waited for U.S. Federal…

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