Central bank of Russia increases key interest rate to 21% in effort to control inflation exceeding expectations

Central bank of Russia increases key interest rate to 21% in effort to control inflation exceeding expectations

Russia raised its key interest rate by 200 basis points to 21% on Friday, citing consumer price increases considerably above its forecast and warning of ongoing high inflation risks in the medium term. This move exceeded the 100 basis-point hike that analysts had expected, bringing the institution’s benchmark rate to its highest level since February … Read more

New Songs ‘Damage Control’ and ‘Chase Your Demons Out’ Released by Good Looks

New Songs ‘Damage Control’ and ‘Chase Your Demons Out’ Released by Good Looks

Good Looks have recently released two new songs, ‘Damage Control’ and ‘Chase Your Demons Out’. These tracks are part of a double A-side single that follows the band’s second album, Lived Here for a While, which was released in June. You can listen to the songs below. In a statement, Tyler Jordan shared his inspiration … Read more

KKR and Bain engage in intense $4bn battle for control of Japan’s Fuji Soft

KKR and Bain engage in intense bn battle for control of Japan’s Fuji Soft

Stay updated with complimentary updates Simply subscribe to the Private equity myFT Digest — sent directly to your email inbox. Two major private equity firms, KKR and Bain, are currently engaged in a fierce battle over a $4 billion Japanese software company, marking a significant development in Tokyo’s M&A landscape. This ongoing rivalry escalated recently … Read more

Airline traveler ignites discussion on window shade control: ‘What is the proper etiquette?’

Airline traveler ignites discussion on window shade control: ‘What is the proper etiquette?’

An airline passenger took to social media to share a photo of a fellow traveler, asking, “What’s the etiquette here?” when it comes to controlling the window shade. The user wrote, “Entire cabin dark, FA [flight attendant] asks him to lower shade and he says ‘um no.’” Users on the sub-Reddit forum “americanairlines” debated who … Read more