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Uber IPO

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...
Hong Kong Stock Market

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...
Financial Services Committee

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 Capitol Hill

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...
Tencent Bond Raise

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...
Trade Deal Mobile Payments

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...
Saudi Aramco Profitable

Aramco more profitable than Google and Apple combined

In the middle of its roadshow to raise some $10 billion in investments, Saudi Aramco exposed its earnings for the first time ever. According to a report from credit agency Moody's, the Saudi oil business...
Facebook Real Estate Advertisements

HUD charges Facebook over real estate advertisements

Less than a week after Facebook came under fire for its controversial ad practices, the U.S. Department of Housing and Urban Development has filed charges on the tech giant over discrimination in real estate...
Wells Fargo

Can Wells Fargo win back investors?

Wells Fargo has struggled to regain the general public's trust in recent years, and after a string of less-than-flattering headlines, the bank is not faring far better with investors, either. The controversial corporate bank can't...
Uber Careem IPO

Uber boosts its arsenal ahead of IPO

Uber is broadening its footprint in the Middle East after lastly sealing a handle ride-sharing competitor Careem. The move comes just a week after Lyft kicked off its IPO plans. In a press release Tuesday...