Chip Designer Arm Jumps 25% in Debut Win for Owner SoftBank
Arm Holdings Plc climbed 25% in its trading debut after raising $4.87 billion in the year’s biggest initial
2023-09-15 08:56
In a bad omen for inflation, US oil prices top $90 a barrel for the first time this year
US oil prices climbed above $90 a barrel on Thursday for the first time in 10 months, threatening to push gasoline prices even higher and heat up inflation across the economy.
2023-09-15 08:29
Biden Speaks With UAW President, Auto Executives Ahead of Strike Deadline
President Joe Biden spoke with United Auto Workers President Shawn Fain and executives from Detroit’s three legacy automakers
2023-09-15 07:16
PIF-Backed Driller’s IPO to Price at Top, Raising $1.2 Billion
ADES Holding Co.’s initial public offering is expected to raise as much as $1.2 billion in what’s set
2023-09-14 15:48
John Lewis Expects to Stay in the Red for an Extra Two Years
John Lewis Partnership Plc has pushed back its plan to be profitable by two years as stubbornly high
2023-09-14 15:45
China Lashes Europe EV Probe as Paper Warns of Retaliation
China lashed out at the European Union’s investigation into electric vehicle subsidies, saying the move will harm relations,
2023-09-14 15:29
Saudi PIF Developer Lines Up $2.7 Billion for Building Spree
Roshn Real Estate Co., one of Saudi Arabia’s largest master developers, has lined up about 10 billion riyals
2023-09-14 14:49
Russian Elite Bring Back $50 Billion of Assets as Havens Dwindle
Russian billionaires, squeezed by international sanctions and facing pressure from President Vladimir Putin to repatriate their wealth, have
2023-09-14 13:26
Chip Designer Arm’s IPO Was Priced for Smooth Trading Debut
SoftBank Group Corp. satisfied its ambitions for Arm Holdings Plc by raising $4.87 billion in the year’s biggest
2023-09-14 11:59
Singapore Central Bank Bans Zhu, Davies Over Three Arrows
Singapore’s central bank imposed nine-year prohibition orders on Su Zhu and Kyle Davies for transgressions at their collapsed
2023-09-14 11:57
Stocks Set for Mixed Open as CPI Signals Fed Pause: Markets Wrap
Asian stocks are pointing to a mixed start after Wall Street largely looked through a US inflation report,
2023-09-14 08:23
UAW Prepares to Strike With Contract Talks Still Far Apart Ahead of Deadline
United Auto Workers President Shawn Fain said talks with automakers for a new labor contract are still far
2023-09-14 06:28