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 21:49
Fed's Waller: Recent data gives space to decide next rate move
By Michael S. Derby NEW YORK Federal Reserve Governor Christopher Waller said Tuesday the latest spate of economic
2023-09-05 21:24
Niger Junta Expects Rapid French Troop Withdrawal Amid Talks
Niger’s ruling junta said discussions are under way that are expected to result in the rapid withdrawal of
2023-09-05 20:53
Intel to offer foundry services to Tower Semiconductor after acquisition deal falls through
Intel will offer foundry services to Tower Semiconductor in a new deal that will see the Israeli contract
2023-09-05 20:28
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 19:55
America's small towns are disbanding police forces, citing hiring woes. It's not all bad
America is in the midst of a police officer shortage
2023-09-05 19:47
SoftBank's Arm aims for over $52 billion valuation in biggest US IPO of the year
(Reuters) -SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering as the
2023-09-05 19:30
The maker of Wegovy and Ozempic is now Europe's most valuable company
Novo Nordisk has dethroned Bernard Arnault's luxury goods giant LVMH as Europe's most valuable company.
2023-09-05 19:21
UBS to absorb Credit Suisse's Securities Research offering
(Reuters) -UBS will absorb Credit Suisse's Securities Research service later this month, wrapping the business into its own research operations,
2023-09-05 18:57
Argentina, in dollar love affair, agonizes over divorcing the peso
By Marc Jones, Eliana Raszewski and Rodrigo Campos LONDON/BUENOS AIRES/NEW YORK María Barro, a 65-year-old domestic worker in
2023-09-05 18:56
Focus: Inside Cleveland-Cliffs' bid to keep U.S. blast furnaces smelting
By Isla Binnie and Bianca Flowers NEW YORK/CHICAGO High costs and environmental opposition have prevented the construction of
2023-09-05 18:52
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 18:29