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Apple and Samsung to invest in SoftBank’s Arm at IPO -Nikkei

The Cheap InvestorAugust 8, 2023August 8, 20230

TOKYO (Reuters) -Apple and Samsung Electronics will invest in SoftBank Group-owned chip designer Arm at its initial public offering (IPO),…

  • Uncategorized

Romanian court releases influencer Andrew Tate from house arrest pending trial

The Cheap InvestorAugust 8, 2023August 8, 20230

(This Aug 4 story has been refiled to add the dropped word ‘alleged’ in paragraph 6) BUCHAREST (Reuters) – A…

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German airport operator Fraport nudges up outlook, sees huge 2024 China boost

The Cheap InvestorAugust 8, 2023August 8, 20230

By Anna Mackenzie (Reuters) – Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper…

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Top Lazard restructuring banker Kurtz to join Hilco

The Cheap InvestorAugust 8, 2023August 8, 20230

By Mike Spector NEW YORK (Reuters) -David Kurtz, Lazard’s global head of restructuring, has agreed to join Hilco Global, the…

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Some global investors skip Ant’s buyback after valuation slumps 70% – Bloomberg News

The Cheap InvestorAugust 8, 2023August 8, 20230

(Reuters) -A number of global investors are opting out of Ant Group’s proposed share buyback after the Chinese fintech’s valuation…

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Exclusive-Snapchat under scrutiny from UK watchdog over underage users -sources

The Cheap InvestorAugust 8, 2023August 8, 20230

By Martin Coulter LONDON (Reuters) -Britain’s data regulator is gathering information on Snapchat to establish whether the U.S. instant messaging…

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Fed may be at point to ‘hold rates steady,’ Harker says

The Cheap InvestorAugust 8, 2023August 8, 20230

By Dan Burns (Reuters) -Barring any abrupt change in the direction of recent economic data, the U.S. Federal Reserve may…

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Under Armour posts surprise profit on easing cost pressures

The Cheap InvestorAugust 8, 2023August 8, 20230

By Granth Vanaik and Juveria Tabassum (Reuters) -Under Armour posted a surprise first-quarter profit and beat sales expectations on Tuesday,…

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Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart – WSJ

The Cheap InvestorAugust 8, 2023August 8, 20230

(Reuters) -Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s investment in its Indian e-commerce firm Flipkart…

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AMC sees ‘explosive start’ to third quarter on ‘Barbenheimer’ frenzy

The Cheap InvestorAugust 8, 2023August 8, 20230

(Reuters) -AMC Entertainment Holdings said on Tuesday the current quarter was off to a strong start, driven by box-office hits…

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