International Business News: Bumble founder Whitney Wolfe Herd will step down as CEO and hand over the role to Lidiane Jones, the CEO of Slack. Bumble's shares dropped nearly 7% t
Central banks for the world's biggest economies have served notice that they will keep interest rates as high as needed to tame inflation, even as two years of unprecedented global policy tightening reaches a peak.
Hotelbeds is interviewing banks to lead the sale of more than 1 billion euros ($1.07 billion) of shares in an initial public offering (IPO) next year, people familiar with the matter told Reuters. The Spanish travel technology firm, advised by Evercore, is poised to appoint a couple of banks as global coordinators alongside Morgan Stanley after recently inviting pitches, said the people, who spoke on the condition of anonymity. The company and its shareholders – which include private equity fund