Arm Holdings still aiming for 2023 return to public markets, CEO says
Arm Holdings, the semiconductor technology firm owned by Softbank Group Corp , still plans to return to the public markets by 2023, its chief executive said on Tuesday.
Productivity stagnant despite global stimulus: WEF
Economies around the world have failed to boost productivity levels despite $10 trillion of central bank stimulus unleashed since the global financial crisis of a decade ago, according to the Geneva-based World Economic Forum (WEF) think tank.
Renault to start search for new CEO: Le Figaro
The chairman of France’s Renault is set to kick off a process to replace Chief Executive Thierry Bollore, business daily Le Figaro reported, as the carmaker tries to move on from an era marked by the arrest of former boss Carlos Ghosn.
Fed’s Powell sees ‘favorable’ outlook, ‘sustainable’ expansion
Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts to fend off global economic risks, repeating that the central bank will act “as appropriate” amid an economy that he said is likely to continue to expand.
PG&E to cut off power to nearly 800,000 customers to reduce wildfire risk
Power provider PG&E Corp’s unit said on Tuesday it would cut off power for nearly 800,000 customers across northern and central California to reduce wildfire risk following severe wind warnings.
U.S. visa move against China casts pall over talks to end trade war
The United States on Tuesday imposed visa restrictions on Chinese officials for the detention or abuse of Muslim minorities, angering Beijing, but a U.S. official said high-level trade talks would still take place on Thursday and Friday as planned.
Stocks fall as trade tensions rise further; Brexit battle hurts pound
Stocks fell on Tuesday as U.S.-China tensions rose further ahead of high-level trade talks, while the British pound sank on reports that Brexit negotiations were close to breaking down.
Indexes tumble as visa restrictions fuel U.S.-China worries
U.S. stocks ended down sharply and near the day’s lows on Tuesday as news that the United States has imposed visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell suggesting openness to further interest …
Twitter says user data meant for security purposes may have gone to advertisers
Twitter Inc said on Tuesday email addresses and phone numbers uploaded by users to meet its security requirements may have been ‘inadvertently’ used for advertising purposes.
Goldman Sachs evaluating involvement in Megvii IPO after U.S. action
Goldman Sachs Group Inc said on Tuesday it is reviewing its involvement in Megvii Technology Ltd’s planned initial public offering (IPO) in light of U.S. action against the Chinese artificial intelligence firm.
