By Yingzhi Yang and Julie Zhu BEIJING/HONG KONG (Reuters) – Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters. The plan values WeWorkRead More →
Boris Johnson has won the U.K. election and is set for the biggest majority since Margaret Thatcher. News of the predicted win sent the pound sharply up and is likely to see markets rise. Johnson’s Conservative party is on course for 368 seats, which would give him a majority ofRead More →
The British pound strengthened Thursday after a poll indicated Prime Minister Boris Johnson’s Conservative Party will win the Dec. 12 general election with a comfortable majority. The pound GBPUSD, +0.1935% rose 0.2% to $1.2945 from a level of $1.2920 late Wednesday in New York. FTSE 100 futures meanwhile, indicated aRead More →
© Reuters. A screen displays the logo for Baker Hughes on the floor at the NYSE in New York (Reuters) – General Electric (N:) is looking to raise up to $3 billion in sale of majority-owned Baker Hughes (N:) shares, resulting in a reduction of the U.S industrial conglomerate’s stakeRead More →
By Jennifer Hughes and Alun John HONG KONG (Reuters) – Goldman Sachs (N:) has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control. The bank submitted an applicationRead More →
Women have hit a new milestone. The number of college-educated women in the workforce edged out the number of college-educated men in 2019, according to an analysis published Thursday by the Pew Research Center. There were 29.5 million women with a bachelor’s degree in the workforce, as of the first-quarterRead More →
People around the world are losing faith in news. “Tumultuous news cycles have made an impact on global opinions regarding media,” according to the “2019 Best Countries U.S. News & World Report.” Some 63% of people agree that there are no more objective news sources, and 66% say internet newsRead More →
