HONG KONG (Reuters Breakingviews) – Air is seeping quickly out of SoftBank bubbles. OneConnect on Wednesday shrank its initial public offering to a valuation that is less than half the $7.5 billion imputed when Masayoshi Son’s Vision Fund backed Ping An …
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The Houston offshore oil and gas producer Talos Energy announced the results of a $640 million buying spree, picking up a slew of assets in the Gulf of Mexico from multiple companies backed by private equity firms. Talos, which focuses on both the U.S. and …
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Oracle Corp. will move its marquee annual user conference to Las Vegas, abandoning its longtime venue of San Francisco due to the rising cost of visiting the city and its homeless crisis. Oracle’s OpenWorld will be held in Las Vegas beginning next year, the …
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Signalling problems are continuing to cause havoc on Greater Anglia train services. The following services have been affected: All Norwich to Cambridge services have been revised to terminate and start at Ely but the 10.40pm Norwich to Cambridge service …
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The world’s first fully-electric aircraft for commercial flight has taken to the skies in Canada. The plane flew above the Fraser River outside Vancouver for about seven minutes before touching down at around 8:30 a.m. local time on Tuesday. The aircraft — an …
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