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Exclusive-G7 to vow diversifying of supply chains, filling bank regulatory gaps -draft

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) -Finance leaders of the Group of Seven (G7) advanced economies set a year-end deadline for launching a new scheme…

  • Business

Luminar Tech CEO Russell to acquire majority stake in Forbes

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) -Luminar Technologies CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that…

  • Asia
  • Business

Stellantis, LGES implementing ‘contingency plans’ for battery plant in Canada

The Cheap InvestorMay 12, 2023May 12, 20230

By Ismail Shakil OTTAWA (Reuters) -Automaker Stellantis and South Korea’s LG Energy Solution (LGES) are implementing “contingency plans” related to…

  • Business
  • Canada

Bank of Canada names longtime executive Mendes as deputy governor

The Cheap InvestorMay 12, 2023May 12, 20230

By Ismail Shakil OTTAWA (Reuters) -The Bank of Canada (BoC) said on Friday it has picked longtime central bank executive…

  • Business
  • Economy

Indexes slip with tech-related shares; consumer sentiment drops

The Cheap InvestorMay 12, 2023May 12, 20230

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following…

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U.S. regulators grant approvals for TIAA’s bank deal with buyout firms

The Cheap InvestorMay 12, 2023May 12, 20230

By Pete Schroeder and David French (Reuters) -Two U.S. regulators have approved the sale of a majority stake in TIAA’s…

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Biden nominates Jefferson as Fed vice chair, Kugler to Fed board

The Cheap InvestorMay 12, 2023May 12, 20230

By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor…

  • Asia
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France lands battery gigafactory with sweeteners, zero-carbon power

The Cheap InvestorMay 12, 2023May 12, 20230

By Gilles Guillaume and Elizabeth Pineau PARIS (Reuters) -France beat competition from Germany and the Netherlands for ProLogium’s first overseas…

  • Business
  • Health

FDA issues marketing denial for 6,500 flavored e-cigarettes

The Cheap InvestorMay 12, 2023May 12, 20230

(Reuters) -The U.S. Food and Drug Administration (FDA) on Friday issued marketing denial orders to 10 companies which collectively manufacture…

  • Asia
  • Business

U.S. demands recall of 67 million air bag inflators

The Cheap InvestorMay 12, 2023May 12, 20230

By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag…

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