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 20:21
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 19:59
SocGen Offers AT1 Dollar Bond to Bolster Capital Amid Repayments
Societe Generale SA is selling a new additional tier 1 bond on Tuesday after recent redemptions of older
2023-11-07 19:58
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 19:54
Billionaire Mittal’s Uganda IPO Flops as Bonds Lure Investors
Indian billionaire Sunil Mittal’s Airtel Uganda Ltd. failed to sell about half of the shares on offer in
2023-11-07 19:51
OPEC+ Remains Positive on Oil Demand Growth Before Meeting
OPEC+ still has a positive outlook for growth in oil demand, despite the headwinds faced by the global
2023-11-07 19:50
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 19:45
Sanofi Probed for Market Manipulation by French Authorities
French financial prosecutors are investigating Sanofi for alleged market manipulation. The preliminary probe opened in March involves alleged
2023-11-07 19:22
Stocks Fall as Fed Rate-Cut Doubts Creep In: Markets Wrap
Stocks declined and dollar rose after comments by Minneapolis Fed President Neel Kashkari dampened hopes of speedy interest
2023-11-07 19:21
Carlyle Profit Tumbles on Deal Slump, Still Beats Estimates
Carlyle Group Inc. reported a 43% drop in third-quarter distributable earnings as the firm cashed out of fewer
2023-11-07 19:18
IMF Lifts China Growth Forecasts Through 2024 on Stimulus
The International Monetary Fund upgraded its projections for China’s annual economic growth this year and next as the
2023-11-07 19:18
More Laid-Off Workers Got Severance During the Pandemic, But That’s Over Now
Some workplace trends that became more popular during the pandemic have endured, like remote work. More generous severance
2023-11-07 19:15