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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 said, the latest blow … Read More
South African e-commerce group Naspers is listing its global empire of consumer internet assets under the name of Prosus on Wednesday – and the jewel in the crown is a … Read More
White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key U.S.-China trade negotiations planned for next month between top officials … Read More
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 juggernaut at a time … Read More
U.S. stocks opened lower on Tuesday, as weak economic data from China pointed to slowing growth in the world’s second largest economy, adding to fears of a global recession. … Read More
Indian police arrested a Goldman Sachs vice president on Tuesday after the Wall Street bank complained that he had tried to siphon more than $5 million of its funds, a … Read More
The European Union will seek to convince U.S President Donald Trump to see “the error of his ways” and abandon some of his “reckless” trade policies, the EU executive’s incoming … Read More
Germany is ready to pump “many, many billions of euros” into its economy to counter any significant slowdown in growth and the country must take bold measures to fight climate … Read More
The next head of Nissan Motor Co will need to prioritise a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder … Read More
Global bond yields rose on Tuesday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this week and rising … Read More