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Arm IPO Excites Wall Street, but Challenges Loom The British supplier of designs for chips, long seen as the industry's Switzerland, is challenged with growing beyond its dominance in mobile...
MARKET WRAPS Watch For: EU ECB survey of monetary analysts results published; Germany Bundesbank monthly report; trading updates from Phoenix Group Opening Call: Shares may start...
Law Enforcement News Man Convicted In Retrial For 1983 Killing Of LAPD Officer For the second time in four decades, an alleged armed robber has been convicted in the 1983 killing of Los Angeles Police Officer Paul Verna. Kenneth Gay, 65, was convicted Friday of murder and a weapons offense in connection with the decades-old slaying. Gay was retried this summer after his
And Biden heads to Europe.
The economy may have emerged from the woods, but challenges loom After two quarters of a sharp contraction, India’s economy is estimated to have rebounded out of a ‘technical recession’ to record feeble growth in the October-December 2020 period, with GDP rising by 0.4% and GVA by 1%. The overall numbers are not surprising. Just as the short-notice pandemic lockdown and the subsequent case surge took the wind out of mobility and economic activity in the first half of the fiscal year, the ‘unlocking phase’ that was largely complete by late September, brought back a semblance of norm...