August 8, 2019

Lyft’s scooters steering new customers to ride-hailing, but winter is coming

A quarter of Lyft Inc customers who use its bikes and scooters are new to the company, executives said on Wednesday, outlining how investments in the […]
August 8, 2019

Venture capital fuels Latam ‘unicorns’ expansion beyond borders

Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts […]
August 8, 2019

Asia stocks take comfort in China trade data, yuan fix

Asian shares were trying to rally on Thursday as Beijing reported better trade numbers while also limiting the fall in its yuan, offering temporary relief from […]
August 8, 2019

Asia stocks take heart as Beijing limits yuan slide

Asian shares were trying to rally on Thursday after Beijing limited the fall in its yuan and provided temporary relief from fears of a global currency […]
August 8, 2019

SoulCycle, Equinox face boycott calls over investor’s Trump fundraiser

Fitness chains SoulCycle and Equinox on Wednesday sought to distance themselves from a fundraiser for U.S. President Donald Trump reportedly in the works by their billionaire […]
August 7, 2019

Rush into U.S. bonds curbs global stock markets; gold touches 6-year high

Investors rushed into the safety of U.S. government bonds on Wednesday, muting a broad stocks rally as fears of a global recession grew. Powered by WPeMatico
August 7, 2019

S&P 500 erases big losses to end up; investors buy bargains, yields off lows

The S&P 500 recovered from steep early losses to end slightly higher on Wednesday as investors snapped up oversold shares and bond yields rebounded from significant […]
August 7, 2019

AMD lands Google, Twitter as customers with newest server chip

Advanced Micro Devices Inc on Wednesday released the second generation of its processor chip for data centers and said that it had landed Alphabet Inc’ Google […]
August 7, 2019

Hedge fund Hoplite Capital plans to shut down – letter

Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm’s founder, John Lykouretzos, told investors in a letter […]
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