Markets

WeWork China has set out ambitious revenue goals for 2020 even though it faces staff cutbacks and weak occupancy numbers at its properties across China, sources familiar with the matter said, citing targets announced by the division's general manager at an internal meeting in Shanghai on Wednesday.

Exercise bike and treadmill maker Peloton Interactive Inc's latest Christmas advertisement was widely criticized on social media as being "sexist" and "dystopian".

Airbnb will process payments between hosts and guests for the European Union through Luxembourg as of 2020, as the home rental giant prepares for Britain's departure from the bloc, Luxembourg for Finance said on Wednesday.

Facebook Inc's Instagram said it will require birthdates from all new users starting on Wednesday, expanding the audience for ads for alcohol and other age-restricted products while offering new safety measures for younger users.

REUTERS: Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc's autonomous driving venture Waymo to say it has done so. If granted the permit, AutoX would be able to ...

Saudi Aramco's bookrunners have recommended the oil giant should price its initial public offering at 32 riyals (US$8.5) per share, the top of an indicative price range, three sources familiar with the deal said, potentially making it the world's biggest IPO.

Deutsche Telekom has put all deals to buy 5G network equipment on hold, it said on Wednesday, as it awaits the resolution of a debate in Germany over whether to bar Chinese vendor Huawei on security grounds.

HONG KONG: Hong Kong's Festival Walk shopping mall is working towards either a partial or full opening by March next year, after it suffered extensive damage during protests last month. "All efforts are being made to re-open the mall as soon as possible," said the manager of Singapore-listed ......

Britain's decision on whether to allow Huawei a role in building 5G telecoms networks will be based on ensuring the national security and ensuring cooperation with the U.S.-led Five Eyes intelligence alliance, Prime Minister Boris Johnson said on Wednesday.

Google Chief Executive Officer Sundar Pichai will replace company co-founder Larry Page as CEO of parent Alphabet Inc, the company said in a blog post on Tuesday.