finance
The Latest
-
Sea Limited Aims To Raise $6.3 Billion Through Equity Sale
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. 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 Hotels Corporation has reached an agreement with KKR and KSL Capital to acquire Apple Leisure Group for $2.7 billion in cash. 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 Entertainment announced during its earnings call Monday that it will soon be accepting Bitcoin payments at its U.S. theaters. 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
Philip Morris International increased its bid to acquire respiratory drug company Vectura to outmaneuver Carlye Group's offer. 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's stock still dipped even after it reported growth in its core businesses for its latest quarter. 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
Chinese companies with stocks listed abroad lost billions of dollars in value because of continued regulatory actions at home. 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
China demands delivery companies provide adequate compensation and insurance for drivers. China demands delivery companies provide adequate compensation and insurance for drivers. -
Bitcoin Price Falls Owing To Amazon Cryptocurrency Talk
Rumors sent Bitcoin briefly above $40,000 but then below $37,000 after Amazon denied reports. 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
China may impose penalties against Didi, including a fine that could be larger than that for Alibaba earlier in the year. 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
SoftBank Group, Coinbase and Sequoia Capital participated in the deal. SoftBank Group, Coinbase and Sequoia Capital participated in the deal.