Home rental startup Airbnb has been approached about going public through a merger with a blank-check acquisition company, a novel way of listing on the stock market that is gaining traction, co-founder and chief executive Brian Chesky said on Wednesday.
Argentina could cede ground to creditors on key legal terms as it looks to strike a deal to restructure around US$65 billion in foreign debt, but the government will not increase overall cash flow in the payout, two sources told Reuters.
What do you do when you need to see a doctor during a pandemic, but you’re worried about the spread of a mysterious and highly infectious new virus? For some patients, the solution this COVID-19 pandemic is telemedicine. Money Mind reports.
The last time the Singapore stock market saw such a major surge in retail participation was probably during the 1993 initial public offering (IPO) of Singtel, says Kenneth Lim.
Tesla will build its next factory near Austin, Texas, Chief Executive Elon Musk announced late on Wednesday.
U.S. oil major ConocoPhillips said on Wednesday that it agreed to buy land from Kelt Exploration Ltd in Canada's Montney shale oil play, in a US$375 million deal.
America's frozen pork inventories were down 25 per cent from a year earlier at the end of June, the US Agriculture Department said on Wednesday, after outbreaks of the coronavirus among meatpacking workers slowed production.
Ford's Mexico unit said on Wednesday that a railway blockade in the Mexican border state of Sonora is affecting operations at its Hermosillo plant in the same state, as well as hitting imports and exports to and from the United States.
A steady decline in the dollar has accelerated in recent weeks, as a resurgent coronavirus outbreak in the United States and improving economic prospects abroad sour investors on the currency.
JPMorgan Chase & Co's private bank managed at least US$10 million for Ghislaine Maxwell, the longtime associate of Jeffrey Epstein, Bloomberg News reported on Wednesday, citing two people familiar with the matter.
