Business
Embattled flexible workspace provider WeWork is in "selective default" after failing to meet conditions set by debt holders, ratings agency S&P said Wednesday.
Nov 2, 2023
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3
Business
Facebook parent company Meta Platforms posted stronger-than-expected results for the second quarter on Wednesday, buoyed by a rebound in online advertising after a post-pandemic slump.
Jul 27, 2023
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1
Business
Considering its disruptive impact, the sharing economy makes suspiciously modest claims for itself, beginning with its very name. Companies such as Uber and Airbnb purport to provide platforms for sharing value from underutilized ...
May 22, 2023
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Business
Worldwide, small and medium enterprises (SMEs) are seen as the backbone of a thriving economy. They make up a substantial portion of the total number of companies and are estimated to contribute over 87% of all jobs globally.
Mar 15, 2023
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Automotive
Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised 9.4 billion euros ($9.1 billion) for one of the largest initial public offerings in European history.
Sep 29, 2022
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4
Automotive
Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.
Sep 28, 2022
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3
Business
Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters—and as competition from rival TikTok intensifies.
Jul 27, 2022
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21
Energy & Green Tech
In the drive to transition from conventional gasoline engines to low-carbon fuel vehicles, those that run on rechargeable batteries may have the edge—at least for a while.
Apr 27, 2022
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29
Business
Chinese regulators have ordered ride-hailing platforms to correct unfair market tactics amid a broad crackdown on the internet sector that has spooked investors and shaved billions off the valuations of some of China's biggest ...
Sep 2, 2021
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6
Business
The EU's efforts to rein in the power of big tech companies such as Google and Facebook through antitrust investigations have taken too long, dulling their effectiveness, a report said Thursday.
Nov 19, 2020
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