Uber prepares to go public, but doubts remain
Uber has officially filed its S-1 registration statement to go public, making it one of the largest technology IPOs in history.
Uber is entering the New York Stock Exchange under the sign "UBER," but has...
Are the U.S. and Europe heading for a trade war?
As the ongoing trade war with China nears an end, the U.S. is preparing to levy tariffs on the European Union in a move that could have a significant impact as Brussels struggles with...
Hong Kong now the world’s third-largest stock market
The Hong Kong stock market has surpassed Japan to the world's third largest, behind only the U.S. and China.
The benchmark Hang Seng Index has soared by almost 17% since the start of 2019, adding...
Shrinking middle-class leaves no room for millennials
The global middle-class is growing smaller and smaller, and millennials are being squeezed out.
Across the world, the middle class is experiencing an unprecedented decline, with younger generations facing an uphill battle in discovering monetary...
Financial Services Committee grills Big Bank CEOs
The chief executives of some of the largest banks in the U.S. are appearing before the Financial Services Committee on Wednesday for the very first time since the 2008 financial crisis, as they deal...
Facebook and Google to attend Capitol Hill meeting over censorship
Internet giants Facebook and Google are facing restored examination as regulators aim to censor content they deem harmful.
Following a recent round of new proposals from the EU, regulators in Britain are looking to apply...
World’s largest wealth fund slashes exposure to emerging markets
The world's biggest sovereign wealth fund is minimizing its position in emerging markets.
According to its finance ministry, Norway's $1 trillion sovereign wealth fund is set to cut down its $300 billion fixed-income portfolio by...
Gold hits three-month lows on positive economic sentiment
A stronger U.S. dollar and renewed hope for a trade war resolution has taken its toll on gold prices, with the precious metal being up to three-month lows.
In early trading Thursday, gold and silver...
Tencent raises $6 billion in monumental bond sale
Tencent has just finished a raise of $6 billion through a bond sale, the business announced Wednesday evening.
Chinese social network and video gaming giant Tencent Holdings Ltd announced that it has raised $6 billion in...
China-U.S. trade deal near, but it may be too late for some American businesses
The U.S. and China are reportedly nearing a trade deal in the ongoing tit-for-tat tariff war which has erased billions from stock markets over the past year.
American and Chinese officials are apparently closing in...
