Finance

Brazil’s central bank to keep rates unchanged at 15% on September 17: Reuters poll

Brazil’s central bank to keep rates unchanged at 15% on September 17: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its key rate unchanged at 15% in a meeting on September 17 amid persistently high inflation pressures, a ...

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OpenAI’s Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

OpenAI’s Nonprofit Parent to Own More Than $100B Stake in ChatGPT Maker

CFOTO / Future Publishing via Getty Images OpenAI said it had signed a non-binding memorandum of understanding with backer Microsoft to extend their partnership OpenAI said its nonprofit...

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India’s Vadilal Industries U.S. unit to make ice creams locally to cut imports

India’s Vadilal Industries U.S. unit to make ice creams locally to cut imports

By Praveen Paramasivam (Reuters) -The U.S. subsidiary of India’s Vadilal Industries will start manufacturing ice cream at its local facility by the year-end to reduce dependence on imports and boo...

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Brew City is also home to Harley — and America’s hottest housing market

Brew City is also home to Harley — and America’s hottest housing market

Nationally, homes took an average of 60 days to sell in August. But in some local markets, like Milwaukee, they’re selling in half that time. – Getty Images/iStockphoto The national hou...

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Fashion empire to be sold or go public in the next years

Fashion empire to be sold or go public in the next years

After a lifetime of spurning would-be business suitors, the late Italian designer Giorgio Armani instructed his heirs to sell a 15% minority stake in his vast fashion empire within 18 months, acco...

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