Britain’s financial-technology companies fear that uncertainty related to the UK’s decision to leave the EU will make it more difficult to find funding. “Even now, no one is quite sure precisely what Brexit will entail, […]
Following the acquisition of LinkedIn, Microsoft (NASDAQ:MSFT) has raised $19.75B in its biggest ever debt sale and the fifth largest corporate bond sale on record. Strong demand helped the company to borrow at lower rates […]
Tesla Motors Inc. (TSLA) announced today it will acquire solar panel company SolarCity (SCTY) for $2.6 billion in an all-stock transaction. Tesla said it hopes the deal will create the world’s first vertically integrated sustainable […]
The two companies will invest £540 million in the new UK-based business over 7 years, as well as contributing intellectual property rights to Galvani. Galvani will “enable the research, development, and commercialisation of bioelectronic medicines.” […]
WeWork, the $16 billion coworking startup, is reportedly betting that its co-living venture, WeLive, will provide the company with 21% of its revenue by 2018. Other startups like Common are trying to build an entire […]
This year, US initial public offerings have occurred at the slowest pace since 2009. Private-equity firms may see selling to another company as a faster way to exit from an investment than listing it on […]
South Korean exports saw their steepest decline in three months with a 10.2% drop last month from a year earlier, partly due to fewer working days. Minus exceptional factors, however, exports were down 1.6%, the […]
A July rout in oil prices amid signs of a global glut extended into the first trading day in August, falling below US$40 a barrel for the first time since April. The market is nearing […]
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