India's budget hotel startup Oyo enters co-working business with $30 million Innov8 acquisition

India's budget hotel startup Oyo enters co-working business with $30 million Innov8 acquisition

India’s Oyo has expanded its hotel chain business to over 80 countries and entered co-living spaces segment in recent years. The firm, which has raised about $1 billion in the last two quarters from several big names including Airbnb, has now identified a …
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Wells Fargo to report earnings before the bell as its CEO search continues

Wells Fargo is scheduled to report second-quarter earnings before the opening bell on Tuesday. Here’s what Wall Street expects: Earnings: $1.15 per share; Revenue: $20.93 billion. Much of Wall Street remained in wait-and-see mode ahead of Wells Fargo’s …
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Porch Pirates Spot Opening in Prime Day Bonanza

A record July shopping event means more front-stoop packages—and an incentive to add a camera to your cart for next year. By. Olivia Rockeman. July 16, 2019, 1:00 AM PDT. Porch Pirates Spot Opening in Prime Day Bonanza. A record July shopping event …
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Tongaat CEO seeking to freeze payments on $790M of debt

Tongaat Hulett Ltd. is asking 10 lenders for a break from payments on as much as 11 billion rand (US$790 million) of debt so it can recover from the impact of having to restate accounts, according to Chief Executive Officer Gavin Hudson. The embattled South …
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India Plans Roadshows for Air India Sale

India is considering inviting expressions of interest to sell Air India Ltd. by the end of next month as the government aims to complete the transaction this year, people with knowledge of the matter said. The government will conduct roadshows as well as be …
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