WeWork Saga Cost Masayoshi Son $11.5 Billion and His Credibility
WeWork Inc.’s bankruptcy filing caps a years-long saga that revealed breathtaking flaws in the investment style of Japanese
2023-11-07 20:16
South Korea’s Ecopro Materials IPO Priced at Bottom of Range
Ecopro Materials Co., which supplies materials for electric vehicle batteries, cut the size of its initial public offering
2023-11-07 19:50
PayPal Rival Fintech Adyen Faces Investor Confidence Test
For years, Dutch payments fintech Adyen NV’s founders and management ran things their own way, thanks to some
2023-11-07 19:49
WeWork Goes Bankrupt, Signs Pact With Creditors to Cut Debt
WeWork Inc., once the biggest office tenant in Manhattan, has filed for bankruptcy listing nearly $19 billion of
2023-11-07 19:48
UBS Shares Rise as Lender Wins Back Credit Suisse Clients
UBS Group AG reported stronger-than-expected client inflows in its wealth-management business, boosted by the first signs of stabilization
2023-11-07 18:58
China’s Housing Slump Shrinks Role as Growth Driver, Research Says
China’s prolonged housing slump means the real-estate sector is driving less growth and contributing to the economic slowdown,
2023-11-07 18:57
Abu Dhabi’s $1 Trillion Fund Joins KKR for Telecom Italia’s Grid
The Abu Dhabi Investment Authority, which controls almost $1 trillion in assets, is part of the KKR &
2023-11-07 18:55
CME’s Currency Trading Drops to Two-Year Low as Volatility Fades
Currency volumes have dried up to the lowest in two years as quiet markets give investors little reason
2023-11-07 18:54
Telefonica Seeks 28% in German Unit for €2 Billion
Spain’s Telefonica SA is seeking to buy up the outstanding shares in its German unit for as much
2023-11-07 18:52
Germany’s Full Gas Inventories Likely to Prevent Winter Shortage
Germany’s full natural-gas inventories likely mean that Europe’s largest economy will avoid a shortfall in the coming months
2023-11-07 18:51
Malaysia Renews Hamas Backing, Defying Threat of US Sanctions
Malaysian Prime Minister Anwar Ibrahim said Palestinians had the right to defend themselves against Israel, and the Southeast
2023-11-07 18:45
Singapore Airlines Clocks Second-Best Quarterly Profit on Record
Singapore Airlines Ltd. shrugged off rising fuel costs to deliver its second-biggest quarterly profit on record as demand
2023-11-07 18:26