Chinese cloud company Kingsoft picks an uncertain time for its $510 million IPO

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Chinese cloud company Kingsoft picks an uncertain time for its $510 million IPO

Hong Kong (CNN Business) Kingsoft Cloud, one of China’s top cloud services providers, is expected to make its Wall Street debut Friday even as markets are roiled by the coronavirus pandemic. US investors are also wary of Chinese companies following a …
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Gallery: Murphy Oil, through the years

[Gallery not loading above? Click here for more photos » arkansasonline.com/58murphy/]. “Murphy is El Dorado,” said Jim Tucker, superintendent of El Dorado Public Schools. “You feel like part of your family is leaving.” “Murphy has been synonymous with El …
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Siemens says profits down, this quarter could be the bottom

FRANKFURT, Germany — Siemens AG, maker of trains, power generators and medical scanners, saw net profit sag during the most recent quarter due to the virus outbreak. The company abandoned its business forecast for the year, saying it expected the …
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Kyiv spent largest amount of funds to tackle coronavirus in Ukraine – Accounting Chamber

“The Accounting Chamber continues to monitor budget expenditures to tackle COVID-19. In the context of regions, the largest sums were spent: Kyiv –
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Jio Platforms gets ₹60000 crore investment in 3 weeks. RIL shares up 80% from March low

Reliance Industries today announced a ₹11,367 crore stake sale in digital unit Jio Platforms, a third deal in three weeks that will inject a combined ₹ 60,596.37 crore crore in the telecoms-to-energy group to help it pare debt. The news announced before …
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