Category Archives:
Shein targets up to $90 billion valuation in US IPO – Bloomberg News
(Reuters) - Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on Monday, citing people familiar with the matter. (Reportin...
Nov 06, 2023
WeWork China will not participate in WeWork’s strategic reorganisation
BEIJING (Reuters) - WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday. WeWork China is not a branch or unit of WeWork, it ...
Nov 06, 2023
China’s imports unexpectedly grow in Oct, exports extend declines
BEIJING (Reuters) - China's imports unexpectedly grew in October while exports contracted at a quicker pace, in a mixed set of indicators that showed the recovery in the world's second-largest economy...
Nov 06, 2023
UBS chairman says regulators are ‘misguided’ on more scrutiny of capital
HONG KONG (Reuters) - UBS Group Chairman Colm Kelleher said on Tuesday that movements from certain regulators to talk about more scrutiny on capital are "misguided". "Certainly I think movements from ...
Nov 06, 2023
Malaysia drops plans for proposed transboundary haze pollution bill
KUALA LUMPUR (Reuters) - Malaysia will not proceed with a proposed bill to prevent transboundary haze pollution, its environment ministry said, citing difficulties in obtaining the necessary informati...
Nov 06, 2023
California boat captain guilty of ‘seaman’s manslaughter’ in fire deaths of 34 people
By Steve Gorman LOS ANGELES (Reuters) - The captain of a dive boat that caught fire and sank off the California coast in 2019, killing 34 people in one of the state's deadliest maritime disasters, was...
Nov 06, 2023
SoftBank’s WeWork, once most valuable U.S. startup, succumbs to bankruptcy
(Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday, after its bets on companies using mo...
Nov 06, 2023
GM halts production of Cruise driverless van – Forbes
(Reuters) - General Motors is pausing production of its fully autonomous van, the Origin, Forbes reported on Monday, citing an audio of Cruise CEO Kyle Vogt's address at an all hands meeting. (Reporti...
Nov 06, 2023
Asia stocks snap winning streak, await RBA
By Tom Westbrook SINGAPORE (Reuters) - Asian stocks snapped a three-day winning streak on Tuesday, slipping as the bond market's rally paused and investors reined in enthusiasm about a possible peak i...
Nov 06, 2023
Dollar steady as risk rally eases, RBA in focus
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was steady on Tuesday, holding overnight gains as investors took a breather from a risk rally, while the Australian currency drifted lower ahead of a...
Nov 06, 2023
Peoria, IL, USA
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