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Business News

European Central Bank Raises Rates for a 10th Time

14/09/2023 15:09 - In its battle to control inflation, the bank raised its key interest rate to the highest level on record but suggested that rates have reached their peak. ...

ECB hikes interest rates despite growing threat of recession

14/09/2023 15:09 - The decision raises the ECB’s benchmark deposit rate to 4%, up drastically from minus 0.5% just a little more than a year ago and the highest since the euro was established in 1999. ...

People’s Bank of China Cuts Reserve Requirement to Spur Bank Lending

14/09/2023 15:09 - The People’s Bank of China will allow commercial banks to hold less money in reserve, but businesses and households have been cautious about borrowing. ...

Arm’s IPO Will Test Market Appetite for New Stock Offerings

14/09/2023 15:09 - The chip designer will begin trading on Thursday, in the biggest listing of the year. Investors hope it will rejuvenate demand for new stock offerings. ...

The Stock Market Hopes Arm’s IPO Is a Hit

14/09/2023 14:09 - Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year. ...

The Stock Market Hopes for a Hit From the Year’s Biggest Initial Public Offering

14/09/2023 12:09 - Arm, the British chip designer owned by SoftBank, will provide clues as to whether the I.P.O. market may revive after a very quiet year. ...

Instacart Was All About Grocery Delivery. No Longer.

14/09/2023 12:09 - As it prepares to go public next week, Instacart shows that one secret to making money as a gig economy company is to become an advertising company. ...

Cable TV Is on Life Support, but a New Bundle Is Coming Alive

14/09/2023 12:09 - Cable companies have started to figure out a way to stay in the TV game: Reselling streaming services. ...

Meet the Man Making Big Banks Tremble

14/09/2023 12:09 - Michael Barr, whom President Biden appointed as the Federal Reserve’s top bank cop, has drawn blowback for his bank regulation push. ...

LVMH’s Bernard Arnault Is the King of Luxury, but Who Is Next to the Throne?

14/09/2023 12:09 - With brands like Tiffany, Dom Pérignon and Louis Vuitton, LVMH turned him into one of the world’s richest men. But with five children, he has a hard decision to make. ...


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