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 20:25
Uber bets on holiday travel demand to forecast strong fourth quarter
Uber Technologies forecast fourth-quarter gross bookings and adjusted core profit above market expectations on Tuesday, betting that the
2023-11-07 20:18
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 19:53
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
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 18:55
Saudi Aramco net profit drops less than expected, shares inch up
By Hadeel Al Sayegh and Yousef Saba DUBAI (Reuters) -Saudi Aramco on Tuesday reported a 23% fall in third-quarter net
2023-11-07 18:17
ING announces new buyback programme, Q3 income miss drags shares lower
By Diana Mandia and Matteo Allievi (Reuters) -ING Groep, the largest Dutch bank, on Thursday announced its second share buyback
2023-11-02 17:55
U.S. farm leaders, visiting China, talk up agriculture trade
By Dominique Patton BEIJING Dozens of U.S. agriculture industry representatives gathered in Beijing on Thursday to meet Chinese
2023-11-02 17:49
Dollar lower as traders see US rates peaking, eyes on BoE
By Samuel Indyk LONDON The dollar fell broadly on Thursday, with risk-sensitive Asia-Pacific currencies leading gains as investors
2023-11-02 17:21
European Gas Fluctuates on Uncertainty Over Demand and War Risks
European natural gas futures swung between small gains and losses early Thursday amid lingering concerns about the Middle
2023-11-02 16:57
Shell Q3 profit drops to $6.2 billion, group boosts buybacks
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -Shell reported on Thursday a 34% annual drop in third-quarter profit to
2023-11-02 16:29
Russia's Sberbank posts strong Q3 profits
MOSCOW Russia's dominant lender Sberbank reported on Thursday 411.4 billion roubles ($4.41 billion) in net profit in the
2023-11-02 15:54