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Number of internally displaced people hits record due to war, climate change

The Cheap InvestorMay 11, 2023May 11, 20230

GENEVA (Reuters) – The number of internally displaced people (IDPs) reached a record 71.1 million worldwide last year due to…

  • Asia
  • Business

Yellen warns US default would threaten global economy, undermine its leadership

The Cheap InvestorMay 11, 2023May 11, 20230

By Andrea Shalal NIIGATA, Japan (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion…

  • Top News

Armenia, Azerbaijan accuse each other of new crossborder attacks

The Cheap InvestorMay 11, 2023May 11, 20230

TBILISI (Reuters) -Armenia and Azerbaijan blamed each other for an exchange of fire in a border area on Thursday in…

  • Business
  • Economy

Bayer sees 2023 results at lower end of range as weedkiller prices drop

The Cheap InvestorMay 11, 2023May 11, 20230

By Ludwig Burger FRANKFURT (Reuters) -Drug and pesticide maker Bayer said its 2023 results would likely come in at the…

  • Asia
  • Economy

Analysis-China’s deposit pile stands in the way of recovery

The Cheap InvestorMay 11, 2023May 11, 20230

By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – China’s increasingly urgent efforts to tip its mountain of savings into…

  • Business
  • Economy

EU lawmakers’ committees agree tougher draft AI rules

The Cheap InvestorMay 11, 2023May 11, 20230

By Foo Yun Chee, Martin Coulter and Supantha Mukherjee (Reuters) -European lawmakers came a step closer to passing new rules…

  • Business
  • Economy

Norway government ups spending by $5.3 billion due to inflation, Ukraine aid

The Cheap InvestorMay 11, 2023May 11, 20230

OSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion)…

  • Business
  • Economy

Outgoing Thyssenkrupp CEO pledges leadership change won’t slow execution

The Cheap InvestorMay 11, 2023May 11, 20230

By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) – Thyssenkrupp’s outgoing Chief Executive Martina Merz sought to assuage investor fears…

  • Business
  • Technology

EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition

The Cheap InvestorMay 11, 2023May 11, 20230

By Abhirup Roy SAN FRANCISCO (Reuters) -Rivian Automotive Inc is betting it can keep prices high for its debut lines…

  • Business
  • Technology

Apple supplier Foxconn’s Q1 profit plunges, outlook “conservative”

The Cheap InvestorMay 11, 2023May 11, 20230

By Yimou Lee TAIPEI (Reuters) -Apple Inc supplier Foxconn on Thursday posted a 56% plunge in first-quarter net profit, lagging…

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