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Arm listing may boost return to IPOs
Arm listing may boost return to IPOs
by  AFP

The initial public offering of British chip designing giant Arm, announced on Monday, could signal a rebound in companies introducing their shares on stock markets after a year of relatively few such listings. In documents filed on Monday, Arm said it planned to list on the Nasdaq, seven years after quitting London's stock exchange after being purchased by Japan's SoftBank.

Kenyan court says Meta and sacked moderators to pursue settlement
Kenyan court says Meta and sacked moderators to pursue settlement
by  AFP

Some 184 content moderators and Facebook's parent company Meta have agreed to pursue an out of court settlement in a lawsuit claiming unfair dismissal, court documents seen by AFP show. "The parties shall pursue an out of court settlement of this petition through mediation," the documents dated xxx said.

Eurozone economic downturn deepens in August
Eurozone economic downturn deepens in August
by  AFP

The eurozone economy is contracting at its fastest rate in three years as a steep decline in manufacturing begins to spread to services, a key survey said Wednesday. The data showed the eurozone service sector fell into decline in August, recording the first contraction in activity since last December.

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