Arm China ‘doing well,’ CEO says, even as SoftBank’s Masa Son reduces China exposure
Arm’s China subsidiary is “doing well” with strong potential in data center and automotive applications, despite the geopolitical tumult of the last few years, Arm Holdings CEO Rene Haas said.
Mindless scrolling hurts productivity. Here’s what you can do, says bestselling ‘Atomic Habits’ author
Mindless phone scrolling prevents us from “performing at a high level,” but there are ways to dial back such distractions, said author James Clear.
European Central Bank hikes rates to record level, hints at possible peak
Economists and analysts were divided over whether the doves or hawks in Frankfurt would win out in September.
U.S. crude oil prices top $90 a barrel for the first time since November 2022
Oil prices jumped, with U.S. crude topping $90 a barrel, as expectations of a tighter supply grew.
Watch live: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
‘Extremely risky’: OPEC criticizes IEA forecast that fossil fuel demand will peak before 2030
OPEC on Thursday sharply criticized the IEA’s forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade.
20,000 people feared dead in Libyan city destroyed by floods
A precise tally of the rising number of people killed is incredibly difficult given the level of destruction in Derna and the chaotic political situation in the region.
Arm’s biggest customers are also backing a rival chip design — here’s what you need to know
Arm priced its shares at $51 for its U.S. IPO but it has warned on a number of risks including rising competition from a rival architecture called RISC-V.
China cuts banks’ reserve ratio to aid recovery
China’s central bank will cut banks’ reserve requirement ratio by 25 basis points from Sept. 15, it said in a statement on Thursday.
Italy’s possible withdrawal from China’s Belt and Road program could pave the way for future exits
At a time of shifting geopolitical alignments that’s fragmenting the world’s economy, Rome is coming under pressure to recast its relationship with Beijing to placate its western allies.
