Economy Archives - Page 7 of 13

Softbank’s Arm Launches IPO Courting T Rowe in $52 Billion Valuation Ask

Posted by Frank David Wilkerson
September 12, 2023

Sept 5 (Reuters) – SoftBank Group’s (9984.T) Arm Holdings Ltd launched the roadshow for its blockbuster initial public offering (IPO) on Tuesday as the chip designer tries to...

Esmark Makes Offer for US Steel at $35 Per Share After Company Rejects Buyout Offer From Cleveland-cliffs

Posted by Adellyn Kolton
August 30, 2023

New YorkCNN — Another rival steel producer has jumped into the bidding war to takeover US Steel. Esmark announced an all-cash public offer for US Steel...

United States to Participate in Fifth Indo-Pacific Economic Framework for Prosperity (IPEF) Negotiating Round in Bangkok

Posted by Frank David Wilkerson
August 24, 2023

The U.S. Department of Commerce and the Office of the United States Trade Representative today announced that a U.S. delegation will travel to Bangkok,...

Joining Partners, U.S. Treasury Sanctions Former Central Bank Governor of Lebanon and Co-conspirators in International Corruption Scheme

Posted by Andrew Gregg Hayes
August 23, 2023

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating the former governor of Lebanon’s central bank, Riad...

Levi Strauss Strengthens East Coast E-commerce Fulfillment With Kentucky Facility

Posted by Ryan Wagner
August 19, 2023

The 575,700-square-foot facility aims to lower lead times and optimize inventory positioning. Dive Brief: Dive Insight: Levi’s struggled to fulfill orders throughout the pandemic...

Risk of Tropical Weather Over Next 7 Days Along the East Coast

Posted by Richard Foster
August 19, 2023

CHICOPEE, Mass. (WWLP) – As of August 1st, it is now entering the middle half of the Atlantic Hurricane Season. Tropical Hurricane Tracker As...

Fitch Downgrades US Credit Rating From AAA to AA+

Posted by Fred Mcguire
August 7, 2023

The US government’s credit rating has been downgraded following concerns over the state of the country’s finances and its debt burden. Fitch, one of...

De-radicalisation of Ideology Is the Best Way to Tackle Islamic Terrorism: Sri Lankan Expert

Posted by Raul Hale
August 4, 2023

Colombo (25/7 – 30.77) In his book “Sri Lanka’s Easter Sunday Massacre: Lessons for the International Community,” terrorism expert Dr. Rohan Gunaratna emphasizes the...

UN Special Rapporteur: Tajikistan Violated Its International Obligations

Posted by Raul Hale
August 1, 2023

Geneva, London (29/7 – 50) Mary Lawlor, UN Special Rapporteur on the situation of human rights defenders, condemned the arrest and imprisonment of journalists,...

Türkiye Sweetened by F-16s Approves Sweden NATO Membership

Posted by Gene Barton
July 30, 2023

Frankfurt, Brussels (21/7 – 37) Turkish President Recep Tayyip Erdogan has once again reversed course, approving Sweden’s bid to join the legacy European military...