Decision. Magazine – The Business Development Magazine

The European Central Bank raised interest rates for the second time this year on Thursday, lifting its deposit facility rate by 25 basis points to 2.50% and its main refinancing rate to 2.65%, as policymakers concluded that inflation pressures across the eurozone have proven more persistent than expected. The move reverses the cutting cycle the ECB pursued through muc...

World Athletics staged the inaugural Ultimate Championship in Budapest from September 11 to 13, a new biennial event built explicitly around television economics rather than the sport’s traditional format, and backed it with a record $10 million prize pot. The design choices reveal how seriously the sport’s governing body now treats viewership data as a design constra...

Manchester City’s decision to pay Chelsea £125 million for midfielder Enzo Fernandez on September 1 equaled the British transfer record, and it did so on a deadline day that alone accounted for £475 million in Premier League spending, up from £391 million on the equivalent day the previous year. City did not stop there, adding forward Iliman Ndiaye from Everton for a ...

The Federal Trade Commission and attorneys general from 22 states sued Amazon on September 1 in federal court in Washington state, alleging the company overcharged advertisers by more than $20 billion since 2019 through manipulated auction mechanics for Sponsored Products and other placements. According to the complaint, Amazon introduced undisclosed “soft reserve pri...

Eurostat’s flash estimate, published on September 1, showed euro area annual inflation rising to 3.3% in August from 2.9% in July, well above the European Central Bank’s 2% target and ahead of most economist forecasts compiled earlier in the summer. The increase was driven overwhelmingly by energy, where prices jumped 14.3% year on year, the sharpest rise since Januar...