NEW YORK: Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing. The document gave the first comprehensive financial picture of the company which was started in 2009 after...
INSURER NTUC Income has partnered ZA Tech Global Limited to develop digital innovations and product launches in Singapore, starting with a lifestyle insurance product catering to the tourism sector.
NEW YORK: Uber Technologies Inc on Thursday filed publicly with the U.S. Securities and Exchange Commission for its initial public offering (IPO), taking it a step closer to one of the largest technology stock listings of all time. The Uber filing gives the first comprehensive financial picture of ......
U.S. stocks opened marginally higher on Thursday, as investors assessed warnings from major central banks about a global slowdown and looked ahead to the start of the corporate earnings season.
NEW YORK: Wall Street stocks finished a quiet session mostly lower on Thursday (Apr 11) as investors looked ahead to bank results that will kick off first-quarter earnings season. The Dow Jones Industrial Average dipped 14.11 points (0.05 per cent) to finish the day at 26,143.05. The broad-based ...
Campbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about US$500 million to a group led by the former chief executive officer of the unit, the Wall Street Journal reported.
Boeing Co Chief Executive Dennis Muilenburg said on Thursday that 67 percent of its more than 50 737 MAX customers have tested the manufacturer's software fix in simulator sessions, with additional tests expected in the coming weeks.
Campbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about US$500 million to a group led by the former chief executive officer of the unit, the Wall Street Journal reported.
WASHINGTON: The rising influence of lending by China to developing nations is increasingly under the spotlight amid concerns the growing debt burden and onerous conditions could sow the seeds of a crisis. The global development lenders, the International Monetary Fund and World Bank, are calling ...
Royal Dutch Shell pulled out of a project to build a Russian liquefied natural gas plant partly because Gazprom suddenly added another partner with links to an ally of President Vladimir Putin, according to five sources.
