Officials unanimously decided to leave the target range for the benchmark federal funds rate at 5.25% to 5.5% – where it’s been since July – following a slew of data that pointed to lingering price pressures in the US economy.
ReNew shareholders raise offer for $880 million delisting
A consortium including Masdar and Sumant Sinha has increased its offer to $8 per share, totaling $880 million, to acquire the remaining stake in ReNew