November 9, 2019

Alibaba hires more banks on up to $15 billion listing: sources

Alibaba has extended its investment banking syndicate as it works towards a $10 billion to $15 billion listing in Hong Kong at the end of the […]
November 9, 2019

EU heavyweight states push for joint supervisor against money laundering

The European Union’s largest states are pushing for the establishment of a new supervisory authority that would take over from states the oversight of money laundering […]
November 9, 2019

Blackstone takes majority stake in ‘Bumble’ parent, values firm at about $3 billion

Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app “Bumble” and “Badoo”, valuing the company at about $3 billion, […]
November 9, 2019

WeWork data shows growth still doubling

WeWork owner The We Company disclosed data on Friday that showed expansion of its office-sharing business was almost doubling in size from a large pipeline of […]
November 9, 2019

Southwest and American pull 737 MAX until early March, nearly a year after grounding

Southwest Airlines and American Airlines Group Inc said on Friday they are extending Boeing 737 MAX cancellations until early March, just shy of the one-year anniversary […]
November 9, 2019

American Airlines follows Southwest in pulling 737 MAX until early March

American Airlines Group Inc said on Friday it is extending cancellations of Boeing Co 737 MAX flights through March 4, 2020, mirroring an earlier announcement by […]
November 9, 2019

U.S. Supreme Court to consider blocking Booking.com trademark

The U.S. Supreme Court on Friday agreed to consider a bid by a federal agency to prevent the popular hotel reservation website Booking.com, a unit of […]
November 9, 2019

Activist investor Icahn sells nearly a third of his Occidental Petroleum stake

Activist investor Carl Icahn, who has been waging a bitter battle against Occidental Petroleum Corp’s board over its $38 billion acquisition of Anadarko Petroleum, cut his […]
November 9, 2019

S&P 500 posts fifth week of gains as Wall St. hits records

The three major U.S. stock indexes posted record closing highs and the S&P 500 registered a fifth straight week of gains on Friday as investors brushed […]
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