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SoftBank-backed Improbable slashes losses by 85% after metaverse pivot

Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa Images | Lightrocket...

A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point

With the Bank of Japan maintaining its ultra dovish stance of negative interest rates, the rate differentials between the U.S. and Japan's central...

Lordstown Motors delivers just 3 Endurance pickups in 2022, begins pivot to new Foxconn EV platform

Lordstown began deliveries of its first EV, the Endurance pickup truck, in November and is working with Foxconn on a new electric vehicle...

Bank of England’s Andrew Bailey tempers talk of pause, pivot in hikes

Governor of the Bank of England Andrew Bailey has talked down expectations that the central bank is readying to pause or pivot rate...

Blackstone is a top pick in financials ahead of a potential Fed pivot, Morgan Stanley says

It's time to buy Blackstone as investors prepare for a pivot from the Federal Reserve, according to Morgan Stanley. Analyst Betsy Graseck named...

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