Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO

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Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO

HONG KONG (Reuters) – Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday to become the fifth-largest listed company in the city, driven by massive demand from mom-and-pop investors for the Chinese online video service …
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Bill Gates swoops for private jet business after £3bn dogfight with Gatwick owner

Cascade holds a 19% stake in Signature in conjunction with the Bill and Melinda Gates Foundation Trust. / REUTERS. By.
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Special Weather Statement issued February 5 at 2:27AM EST by NWS Binghamton NY

Rain and snow showers are moving through this morning. Road surface temperatures remain below freezing, so some slick spots may develop over the next couple of hours as this first batch of precipitation moves through. Precipitation is quickly changing
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Energy prices set to soar for millions of Britons from April

A cap on electricity and gas bills came into effect in January 2019 and was aimed at ending what former British Prime Minister Theresa May called “rip-off” prices by energy firms. Regulator Ofgem said …
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Luckin Coffee files for bankruptcy

Luckin Coffee said on Friday it is seeking protection under Chapter 15 of the U.S. Bankruptcy Code to facilitate the company’s restructuring of its financial obligations. The coffee chain said the Chapter 15 petition is not expected to materially impact its day-to-day …
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