Shares of SoftBank-backed OneConnect rise 5% in US market debut

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Shares of SoftBank-backed OneConnect rise 5% in US market debut

(Reuters) – Shares of OneConnect Financial Technology jumped 5% in their U.S. market debut on Friday, valuing the Chinese cloud tech firm at $3.79 billion. FILE PHOTO: SoftBank Corp. placard is prepared during a ceremony to mark the company’s debut …
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Innodata releases AI-enabled document analytics product, DocAnalytics

Innodata, which is primarily a data engineering company, has released a new product that could be of great interest to accountants: an online
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Stocks whipsawed following news of a US-China trade deal

New York (CNN Business) Stocks were flat Friday after Chinese officials said that a phase one deal had been reached with the United States that would avert an escalation of the trade war and higher tariffs that were set to kick in on Sunday. President Trump …
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The Unfair Treatment Of Away Cofounder And CEO Steph Korey

According to outplacement firm Challenger, Gray & Christmas, a record number of CEOs—1,480—have left their posts. The CEOs of McDonald’s, Under Armour, Boeing Commercial Airplanes, SoulCycle, Nike, Google, Alibaba, Wework and many others were …
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US Business Inventories Rebound in October

WASHINGTON, (Reuters) – U.S. business inventories increased in October, lifted by stocks at retailers, suggesting inventory investment could again contribute to economic growth in the fourth quarter. The Commerce Department said on Friday that business …
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