Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
1970-01-01 08:00
WeWork’s ‘Substantial Doubt’ About Its Future Marks a Stunning Fall
For the past four years, WeWork Inc. has been trying to deliver a turnaround story — one in
1970-01-01 08:00
Tycoon Who Gave Away $750 Million Sees Profit in Loans to Poor
He built a fortune lending to low-income borrowers shunned by banks. He paid staff below-market wages and thought
1970-01-01 08:00
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
1970-01-01 08:00
Indian Debt Collection Startup Raises $50 Million From Accel, Westbridge
Credgenics, an online service that helps banks collect on debt, raised $50 million in a funding round led
1970-01-01 08:00
India Rate Setters Seen Extending Pause to Fight Food Inflation
India’s central bank is expected keep its benchmark rate and policy stance unchanged for a third consecutive meeting
1970-01-01 08:00
Marqeta Gains on Extended Deal With Block, Revenue Beat
Marqeta Inc. gained after extending a partnership with Jack Dorsey’s payments company Block Inc. and posting revenue that
1970-01-01 08:00
WeWork Tumbles After Raising ‘Substantial Doubt’ About Future
WeWork Inc. shares plummeted more than 25% in extended trading after saying there’s “substantial doubt” about its ability
1970-01-01 08:00
Amazon In Talks to Be Anchor Investor in Arm IPO, Reuters Says
Amazon.com Inc. is in talks to join other tech companies as an anchor investor in Arm Ltd.’s initial
1970-01-01 08:00
New Zealand Expands Marine Protection in Auckland’s Hauraki Gulf
New Zealand will triple marine protection in the Hauraki Gulf, restricting fishing in almost a fifth of the
1970-01-01 08:00
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
1970-01-01 08:00
Commonwealth Bank of Australia Cautions on Economy Even as Profit Climbs
Commonwealth Bank of Australia’s profit climbed as higher interest rates and a buoyant housing market supported results at
1970-01-01 08:00