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Federal Reserve Governor Christopher Waller said Tuesday that the recent round of strong economic data will buy the central bank some time as it decides whether additional interest rate hikes are needed to control inflation.

According to CEO Luca de Meol, Renault 's (EPA:RENA) Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around €10 billion ($10.8 billion).

MUNICH—For decades, German carmakers dominated their industry with brands that were bywords for excellence and consumer appeal. But as the sector transitions toward electric vehicles, they are falling behind. Nearly a decade into their electric-vehicle shift, and despite billions in investments, VW, BMW, Mercedes and others have failed to make a dent in Tesla’s share of the growing market.

SEOUL—For more than four years, Kim Jong Un has stayed inside his country’s borders, focused on a deadly virus, a stifled economy and a corrupt elite. Now, the North Korean leader, U.S. officials said, could be planning his first foreign trip to Russia for a meeting with Vladimir Putin.

Soccer superstar Lionel Messi helped drive a surge in U.S. subscriptions to Apple and Major League Soccer’s streaming services ahead of his North American debut in July, a sign that their partnership is bearing fruit. MLS Season Pass saw more than 110,000 new U.S.

(Reuters) — Tonix Pharmaceuticals Holding Corp said on Tuesday its experimental drug failed to meet the primary goal in a mid-stage study for management of widespread muscle pain and tenderness associated with long COVID-19.

By Michael S. Derby

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By Natalie Grover

Investing.com — U.S. stock futures traded marginally lower Tuesday, handing back some of the previous week’s strong gains at the start of a holiday-shortened week.

Investing.com — Oil prices fell Tuesday, retreating from their highest levels this year as weak Chinese services activity data pointed to more headwinds for the world’s second largest economy, and largest crude importer.

Amit Shah and BJP chief JP Nadda will flag off 'Parivartan Yatras' from Dantewada and Jashpur in poll-bound Chhattisgarh on September 12 and 16, respectively, a party leader said on Tuesday. Prime Minister Narendra Modi is expected to attend the culmination of these yatras in Bilaspur, he said. The opposition BJP will highlight the «failures» of the Bhupesh Baghel government on various fronts during the Parivartan yatras, which will be marked by organising rallies and road shows, the BJP leader said. These yatras will collectively cover a distance of 2,989 km across 87 of the total 90 assembly constituencies. «The first 'Parivartan Yatra' will be flagged off by Amit Shah after taking blessings of Maa Danteshwari in Dantewada (south Chhattisgarh) on September 12 at a public rally,» state BJP president Arun Sao said in a press conference. The 16-day Yatra will cover a distance of 1,728 km visiting 21 districts, he said. The second 'Parivartan Yatra' will be flagged off by J P Nadda in Jashpur (north Chhattisgarh) on September 16. This yatra will cover a distance of 1,261 km in 12 days in the Bilaspur and Surguja divisions, Sao added. «Both the Yatras, which will see 84 public meetings, 85 swagat sabhas (welcome gatherings) and seven road shows, will culminate in Bilaspur on the same day after covering a distance of 2,989 km across 87 assembly segments.

Arvind Kejriwal on Tuesday asked a "flustered" BJP whether it would change the name of Bharat if the opposition alliance INDIA rechristens itself ‘Bharat’, amid controversy over G20 dinner invites purportedly sent on behalf of the ‘President of Bharat’. The Congress on Tuesday alleged that an invite sent by the Narendra Modi government for a G20 dinner refers to the President as "President of Bharat" and not India. I have no official information on this.

The price of Rollbit Coin (RLB) has gained by 4% in the past 24 hours, reaching $0.165899 after one of its rival online casinos, Stake, was hacked for $41 million.

PDP chief Mehbooba Mufti on Tuesday said the BJP was using its majority in Parliament to treat the entire country as its "fiefdom". «BJPs aversion to India's foundational principle of unity in diversity has touched a new low.

ipo subscription status: Ratnaveer IPO was subscribed 21.78 times on day 2. Ratnaveer Precision Engineering IPO opened for subscription on Monday, September 4, and will close on Wednesday, September 6. Ratnaveer IPO received positive response from retail investors, non-institutional investors (NIIS), and Qualified institutional buyers (QIBs) on day 2.

Asset managers trying to sell funds in Europe are finding it “increasingly difficult” to do so unless their products are registered as ESG, according to a study by analysts at Goldman Sachs Group Inc.

A record selloff in Chinese stocks by global funds has pushed their positioning to the lowest since October, with money managers unswayed by the stimulus measures that have been coming through over the past few weeks. 

SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering as the chip designer heads for the biggest stock market flotation of the year. SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 to $51 apiece and aims to raise up to $4.87 billion at the top of the range, a regulatory filing showed on Tuesday.

ASEAN Summit in Indonesia and G20 Summit in India this month, chief cabinet secretary Hirokazu Matsuno told reporters on Tuesday as reported by Reuters. 3. In another news, the Japanese PM Fumio Kishida also announced that a 20.7 billion yen ($141 million) emergency fund to help exporters hit by China's ban on Japanese seafood over the release of treated radioactive wastewater from the damaged Fukushima nuclear power plant.

Manchester, has long reflected the city’s ambitions. Thanks to its proximity to the River Irwell, the site became a hub for the booming cotton and timber trades during the Industrial Revolution. After the second world war, as the city’s economy turned towards services, Britain’s first purpose-built television studios were set up there.