Shares of U.K. chip designer Arm Holdings are up 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years

By Kane Wu and Abigail Summerville HONG KONG/NEW YORK U.S. meat and processed food maker Tyson Foods plans

Sheikh Jassim is still waiting to hear whether his fifth and final offer for Manchester United has been successful, according to sources close to the Qatari. Recent reports within Qatar had indicated that the Sheikh’s bid – which is for 100 per cent of the club – had seen off the bid from Ineos founder Sir Jim Ratcliffe. However, the Sheikh Jassim camp described those reports as pure speculation and say they remain in a ‘holding pattern’. They expect the next step will be for the United board to meet and consider both bids. United have been approached for comment. Sheikh Jassim’s fifth bid was made last week, but at the same time it was made clear to the Glazer family – who own the club – and to the Raine merchant banking group which is overseeing the sale that he would not engage with the process beyond last Friday. The Qataris are eager to get the deal done with the summer transfer window about to kick into gear. Sheikh Jassim’s bid is understood to be a fully cash deal for 100 per cent of the club, and that all United’s debts would be cleared. Sources close to the Sheikh’s bid say that separate, additional funding would be made available for player recruitment, infrastructure and other investment needs. The Glazers first announced their intention to consider a sale of the club in November last year, with the first bids from Ratcliffe and Sheikh Jassim tabled in February. There have been reports that Ratcliffe’s offer is for 60 per cent of the club, with Avram and Joel Glazer retaining a combined 20 per cent stake, but sources close to Ratcliffe have not confirmed this. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live

By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Governor Christopher Waller said on Tuesday he is

BEIJING/SHANGHAI China Construction Bank Corp (CCB), the first of the country's Big Five lenders to report half-year results

The board of Walt Disney World’s governing district now filled with Gov. Ron DeSantis appointees has approved a contract for its firefighters, ending years of contentious negotiations

MONROE TOWNSHIP, N.J. & OXFORD, England--(BUSINESS WIRE)--Oct 2, 2023--

Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face there

By Pete Schroeder and Chris Prentice WASHINGTON The Federal Reserve said on Wednesday it fined Deutsche Bank and

Britain’s stock market is getting back on its feet. Less than a year after losing the crown of

Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.

Trade and economy officials from the Group of Seven wealthy democracies have strengthened their pledge to work together to ensure smooth supply chains for essentials like energy and food despite global uncertainties