Just hours ahead of Uber Technologies Inc.’s market debut, the ride-hailing company’s biggest shareholder, SoftBank Group Corp., is already reaping rewards, if only on paper. SoftBank’s operating income more than tripled to 494.9 billion yen ($4.5 billion) in …
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Uber Technologies Inc. is considering pricing shares in its initial public offering at the midpoint of the marketed range or slightly below, according to a
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DURBAN – Troubled retailer Steinhoff International’s long delayed 2017 audited financial results were finally released after the close of the market on Tuesday midnight, revealing a loss of €3.99 billion (R64.5bn) for the year to end September. This figure was …
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TOKYO (AP) — Share sank in Asia Thursday as investors fretted over trade tensions between the U.S. and China. Hong Kong’s Hang Seng index skidded 2.3% to 28,324.46 and Japan’s benchmark Nikkei 225 slipped 0.9% to 21,402.13. Australia’s S&P/ASX …
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BEIJING (AP) — Ratcheting up pressure just hours ahead of talks in Washington, China vowed Thursday to retaliate if President Donald Trump goes ahead with more tariff hikes in a dispute over trade and technology. Beijing will be forced to impose …
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