Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

Didi spurned Chinese regulators, who wanted to delay its U.S. IPO

2021-07-05

  Weeks before Didi Global Inc. went public in the U.S., China’s cybersecurity watchdog suggested the Chinese ride-hailing giant delay its initial public offering and urged it to conduct a thorough self-examination of its network security, according to people with knowledge of the matter. But for Didi DIDI, -5.30%, waiting would be problematic.Read More →

European stocks aim for a positive finish to the week

2020-06-19

European stocks pushed higher on Friday and headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was driving some momentum. The Stoxx Europe 600 index SXXP, +0.45% rose 0.6%, after closing down 0.7%Read More →

Twitter adds fact-check warning label to Trump’s tweets for first time

2020-05-26

Twitter Inc. marked tweets by President Donald Trump with a fact-check warning label for the first time Tuesday, after the president falsely claimed mail-in ballots are “substantially fraudulent.” “These tweets contain potentially misleading information about voting processes and have been labeled to provide additional context around mail-in ballots,” a TwitterRead More →