September 10, 2019

Wall Street down as global growth worries hit tech stocks

U.S. stocks fell in morning trading on Tuesday as weak economic data from China added to fears of a global recession and pushed investors out of […]
September 10, 2019

WeWork IPO valuation could dip below $20 billion, clouding SoftBank’s vision

WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter […]
September 10, 2019

U.S. job openings decline for second straight month

U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economists’ views that […]
September 10, 2019

Futures edge lower as China data revives recession fears

U.S. stock index futures dipped on Tuesday as weak economic data from China signaled slowing growth in the country, rekindling fears of global recession. Powered by […]
September 10, 2019

WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision

WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for […]
September 10, 2019

Alibaba set for ‘big challenge’ as flamboyant chairman Ma departs

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion […]
September 10, 2019

Car makers near CO2 cliff-edge in electrification race

Time is running out for European car makers, which have waited until the last minute to try to meet ambitious EU emissions targets and face billions […]
September 10, 2019

SoftBank urges WeWork to shelve IPO over valuation concerns: FT

SoftBank Group , a leading shareholder in the holding company of U.S. office-sharing startup WeWork, has urged it to shelve a planned IPO on concerns over […]
September 10, 2019

‘Bad things could happen’: Turning to tech to tame the crypto jungle

“Hi guys, could you please show me a firm bid for 100 bitcoin?” a seller texts on Skype. Powered by WPeMatico
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