China’s Didi asked to delist from US, SoftBank shares fall: Report

A navigation map on the app of the Chinese riding hill giant Didi is seen on a mobile phone in front of the app logo shown in this illustration taken July 1, 2021. Florence Lo | Reuters GUANGZHOU, China – Shares in SoftBank extended their losses on Friday after Bloomberg reported that Chinese regulators have … Read more

Japan’s Nikkei 225 drops nearly 3% as Asia-Pacific markets slide amid renewed Covid fears

SINGAPORE – Shares in the Asia-Pacific region fell in Friday trading, with Japanese stocks losing regionally as fears of a new Covid variant dampened investor sentiment. The Nikkei 225 in Japan fell 2.69% while the Topix index fell 2.09%. Shares in SoftBank Group fell about 5% after a Bloomberg report that Chinese regulators have asked … Read more

WeWork (WE) reports earnings for the third quarter of 2021

The New York Stock Exchange offers WeWork, Inc. (NYSE: WE) Welcome today, Thursday, October 21, 2021, to celebrate its IPO. To honor the occasion, Sandeep Mathrani, CEO, and Marcelo Claure, Chairman, along with NYSE President Stacey Cunningham, call The Opening Bell®. SNEEZE WeWork shares rose 3% in pre-market trading on Monday after the company reported … Read more

WeWork (WE) reports earnings for the third quarter of 2021

The New York Stock Exchange offers WeWork, Inc. (NYSE: WE) Welcome today, Thursday, October 21, 2021, to celebrate its IPO. To honor the occasion, Sandeep Mathrani, CEO, and Marcelo Claure, Chairman, along with NYSE President Stacey Cunningham, call The Opening Bell®. SNEEZE WeWork shares rose 3% in pre-market trading on Monday after the company reported … Read more

China’s economic data for October are announced ahead

SINGAPORE – Shares in the Asia-Pacific region rose in trading on Monday morning as investors look forward to Chinese economic data expected later in the day. Nikkei 225 in Japan rose 0.61% in early trading as shares in conglomerate SoftBank Group jumped 2%. The Topix index rose 0.65%. Preliminary estimates released on Monday showed that … Read more

China’s economic data for October are announced ahead

SINGAPORE – Shares in the Asia-Pacific region rose in trading on Monday morning as investors look forward to Chinese economic data expected later in the day. Nikkei 225 in Japan rose 0.61% in early trading as shares in conglomerate SoftBank Group jumped 2%. The Topix index rose 0.65%. Preliminary estimates released on Monday showed that … Read more

The $ 47 billion valuation went to his head

Adam Neumann, CEO of WeWork. Eduardo Munoz | Reuters Dedicated WeWork CEO Adam Neumann said Tuesday that the company’s private valuation of $ 47 billion went to his head, in the first interview since he left the company in 2019 amid its falsified IPO. “So yes, the valuation made us feel like we were right, … Read more