SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO
NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. initial public offering (IPO) ..
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EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs
BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect ..
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Goldman, J.P.Morgan cut UK’s 2023 growth forecast
(Reuters) -Goldman Sachs and J.P.Morgan on Wednesday cut their full-year growth forecast for the UK’s gross domestic product (GD..
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ABB invests $280 million in new robotics factory in Sweden
ZURICH (Reuters) – ABB is spending $280 million on a new robotics factory in Sweden, the Swiss engineering and technology group ..
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Aviva to sell Singlife joint venture stake for $1 billion
LONDON (Reuters) -Aviva is quitting its Singlife joint venture, selling its 25.9% stake in Singapore Life Holdings and two debt instru..
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Sterling drops after UK economy contracts by more than expected
LONDON (Reuters) – The British pound declined against the dollar and euro on Wednesday after data showed British economic output..
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Zara owner Inditex’s H1 profit climbs as it eyes growth through stable prices
MADRID (Reuters) -Zara owner Inditex reported on Wednesday a jump of 40% in profit for the six months to July amid higher sales compar..
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Oil near 10-month peak on supply tightness, US inflation data awaits
(Reuters) -Oil rose on Wednesday, firming its ground near a 10-month peak reached during trading a day earlier, as the market balanced..
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EY to create 1,000 jobs in N. Ireland, kicking off investment conference
LONDON (Reuters) – Professional services firm EY will create 1,000 jobs in Northern Ireland over the next five years, the Britis..
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Boeing deliveries decrease in August as it wrestles with manufacturing defect
WASHINGTON (Reuters) – Boeing delivered 35 planes in August, its lowest number since April, as it struggles with time-consuming ..
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