finance

The Latest

  • Sea Limited Aims To Raise $6.3 Billion Through Equity Sale
    Sea Limited
    Sea Limited plans to offer up to 11 million shares, worth an estimated $3.8 billion, and another $2.5 billion of equity-linked debt.
  • Hyatt To Buy Apple Leisure Group For $2.7 Billion
    Hyatt
    Hyatt Hotels Corporation has reached an agreement with KKR and KSL Capital to acquire Apple Leisure Group for $2.7 billion in cash.
  • AMC Will Soon Accept Bitcoin Payments At U.S. Theaters
    AMC
    AMC Entertainment announced during its earnings call Monday that it will soon be accepting Bitcoin payments at its U.S. theaters.
  • Philipp Morris Raises Bid For Respiratory Drugmaker To $1.4 Billion
    Ventura
    Philip Morris International increased its bid to acquire respiratory drug company Vectura to outmaneuver Carlye Group's offer.
  • Uber Earnings Beat Expectations But Wall Street Remains Skeptical
    Uber
    Uber's stock still dipped even after it reported growth in its core businesses for its latest quarter.
  • China Crackdown Wiped Off Over $400 Billion In Value Of U.S.-listed Chinese Companies
    China
    Chinese companies with stocks listed abroad lost billions of dollars in value because of continued regulatory actions at home.
  • Meituan Stock Price Down 18% Tuesday On Courier Rules
    Food Delivery
    China demands delivery companies provide adequate compensation and insurance for drivers.
  • Bitcoin Price Falls Owing To Amazon Cryptocurrency Talk
    Bitcoin
    Rumors sent Bitcoin briefly above $40,000 but then below $37,000 after Amazon denied reports.
  • Didi Stock Price Falling As China Considers Punitive Action
    Didi
    China may impose penalties against Didi, including a fine that could be larger than that for Alibaba earlier in the year.
  • Crypto Exchange FTX Raises $900 Million In Series B Fundraising
    FTX
    SoftBank Group, Coinbase and Sequoia Capital participated in the deal.
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