WASHINGTON (Reuters) - The World Bank is expecting major donors to raise their pledges to its fund for low-income countries, said Axel van Trotsenburg, the Washington-based lender's senior managing director. The replenishment cycle of the International Development Association (IDA) - occurring every three years - is currently underway and scheduled to culminate in the Dec. 6 pledging conference in South...

Oct 28 (Reuters) - Sierra, a software startup co-founded by former Salesforce co-CEO Bret Taylor, has raised $175 million in a new funding round led by Greenoaks Capital that gave it a $4.5 billion valuation, the company said on Monday. The funding round comes less than a year after the public launch of the young AI startup by Taylor, one...

02:52 PM EDT, 10/28/2024 (MT Newswires) -- Amphenol ( APH ) said Monday that it is offering additional 5.050% senior notes due 2027 following the initial issuance of $450 million notes issued in April. The new notes will have the same terms as existing ones, according to the company. Amphenol ( APH ) said it plans to use the proceeds...

02:53 PM EDT, 10/28/2024 (MT Newswires) -- Wendy's (WEN) Q3 results are likely to be sluggish due to macro pressure though the company's Q4 is off to a strong start, UBS said in an earnings preview Monday. The investment firm expects Wendy's to post flat Q3 same store sales in the US, which compares with consensus expectations for 1.3% growth....