Arm's IPO could value the chip company at $52 billion. Apple, Google and Nvidia show interest
A who's who of Big Tech companies is set to invest in one of the most highly anticipated initial public offerings in recent memory, a blockbuster event that could value a British chip designer at as much as $52.3 billion.
2023-09-05 21:50
How big banks won the banking crisis
The collapse of Silicon Valley Bank and the US regional banking crisis that followed earlier this year had major economic and regulatory repercussions for lenders across the globe, some of which may be felt for years to come. But now that the more immediate threat of the crisis has dissipated, some clear winners have emerged.
2023-09-05 19:59
Rising demand for Fed bank lending program not a sign of stress
By Michael S. Derby NEW YORK Almost half a year after Silicon Valley Bank went belly up and
2023-09-05 18:28
US Senate races ahead of House on spending bills, aims to avoid gov't shutdown
By Richard Cowan WASHINGTON Top Democrats in the U.S. Senate will look to gain the upper hand over
2023-09-05 18:21
Japan household spending suffers biggest drop in 2-1/2 years; outlook not as gloomy
TOKYO Japanese household spending suffered its biggest drop in nearly 2-1/2 years squeezed by rising prices, although volatility
2023-09-05 09:59
Man Utd takeover talks continue despite valuation concerns
Talks over the sale of Man Utd are understood to continue despite reports suggesting otherwise.
2023-09-04 20:48
Beijing exchange shares log record daily jump after reform measures
SHANGHAI Shares on China's two-year-old Beijing stock exchange recorded their best daily performance ever on Monday, after the
2023-09-04 17:29
Hedge funds drop short trades on U.S. regional banks - Goldman
By Nell Mackenzie LONDON Hedge funds ditched short bets against U.S. regional banks as of the end of
2023-09-04 17:16
Lagos traffic jams disappear. But this isn't good news for Nigeria
The removal of a fuel subsidy has pushed the cost of transport out of the reach of many Nigerians.
2023-09-04 07:19
BHP says Brazilian court approves Samarco debt reorganisation plan
Australian mining giant BHP on Monday said a Brazilian court had approved the reorganisation plan for its Samarco
2023-09-04 07:19
Oil Industry Elite Hits Singapore to Debate Crude’s Next Twist
Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from
2023-09-03 09:50
Teachers are digging even deeper to afford classroom necessities
Parents aren't alone in feeling the extra pinch in the wallet this year in paying for back-to-school necessities. Teachers, too, are digging deeper to meet their classroom needs out of pocket.
2023-09-02 20:26