Bloomberg Business

Arm IPO Expectations Tempered as Roadshow Kicks Off

A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.

Biden Draws Contrast With Trump in Labor Day Pitch to Unions

President Joe Biden contrasted his policies with those of Republican primary front-runner Donald Trump in a Labor Day pitch to union workers, who form a critical part of his electoral bloc but remain skeptical about his stewardship of the US economy.

Zimbabwe Leader Sworn In for Second Term After Disputed Vote

Zimbabwean President Emmerson Mnangagwa was sworn in for a second and final term after being declared the winner of last month’s elections that international observers said were deeply flawed and the opposition rejected as a sham.

Zelenskiy Swaps Defense Minister in Wartime Cabinet Shakeup

Ukrainian President Volodymyr Zelenskiy announced his most significant wartime cabinet shakeup yet, tapping a new defense minister as Kyiv ramps up an anti-graft crackdown and presses a grinding offensive in the country’s occupied south.

Putin, Erdogan Talks End Without Reviving Ukraine Grain Deal

President Vladimir Putin said he wouldn’t revive a UN-backed deal that had eased global food prices by allowing Ukraine to ship its grain through the Black Sea unless obstacles to Russia’s own agricultural exports are removed.

Close Bitnami banner
Bitnami