Trump says no hurry to sign deal with China as trade war escalates
U.S. President Donald Trump on Friday said he was in no hurry to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods and negotiators began a second day of last-ditch talks to try to salvage an agreement.
LVMH pairs up with Rihanna for new fashion brand
Louis Vuitton owner LVMH is launching a new fashion brand with Barbadian singer Rihanna, in a rare move by the French group to set up a label from scratch as it taps into soaring demand for celebrity collaborations in the luxury world.
Uber tumbles 9% in rocky stock market launch
Uber Technologies Inc’s shares fell nearly 9% in their New York Stock Exchange debut on Friday, marking a rocky start for one of the most high-profile U.S. companies to go public since Facebook Inc seven years ago.
Abraaj founder given more time to raise 15 million pound bail
The Pakistani founder of Abraaj Group, once one of the largest emerging markets private equity investors, has been given more time to raise a 15 million pound ($19.5 million) bail by a London court, a court official said on Friday.
WeWork’s starry valuation dazzles landlords, reaffirms doubters
WeWork’s $47 billion valuation as it heads toward what may be the year’s largest initial public offering after ride-hailing firm Uber has made the flexible office space start-up the envy of landlords and the target of skeptics at a time when rents have…
Uber starts trading at $42 a share, 6.7% below IPO price
Uber Technologies Inc’s stock on Friday opened down 6.7 percent in its first trade on the New York Stock Exchange, in the most high-profile U.S. market debut since Facebook Inc seven years ago.
Lyft hits record low as Uber slumps in Wall Street debut
Lyft Inc’s stock slumped to a record low on Friday as Uber Technologies, another company hemorrhaging billions of dollars, fell in its Wall Street debut.
‘We are the rightful owners’ of Anadarko, Occidental CEO tells shareholders
Occidental Petroleum Chief Executive Vicki Hollub on Friday touted her $38 billion deal for Anadarko Petroleum Corp and defended the pricey terms she negotiated in a 90-minute session with billionaire investor Warren Buffett to secure the deal without …
Uber shares likely to fall in stock market debut
Uber Technologies Inc shares are likely to open below their initial public offering price of $45 in their long-awaited market debut on Friday, early price indications showed.
Symantec’s CEO exit seen denting turnaround plan, shares slide
Symantec Corp faces an uphill battle to turn around its business and win investor confidence, analysts said on Friday, after Chief Executive Officer Greg Clark became the fifth top executive in six months to leave the cybersecurity company.
