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China’s IPO hopes buoyed by outsized belief in ‘unicorns’

China’s IPO hopes buoyed by outsized belief in ‘unicorns’

Bankers have put a $100bn value on Xiaomi, which has just 7% of the smartphone market

Published 1 second ago

U.S. Commander Sees Urgent Need for Recovery in Raqqa

U.S. Commander Sees Urgent Need for Recovery in Raqqa

In his first visit to the Syrian city of Raqqa, the U.S. military commander overseeing the war against Islamic State said a campaign must begin to help local residents regain control and prevent a slide back into extremist hands.

Published 6 months ago

Pennsylvania’s High Court Strikes Down Congressional Map

Pennsylvania’s High Court Strikes Down Congressional Map

Pennsylvania’s high court struck down the state’s 18 congressional districts, ruling the current map violates the state constitution to give Republicans a political advantage.

Published 6 months ago

Trump raises temperature in China trade battle with new tariffs

Trump raises temperature in China trade battle with new tariffs

Protections on solar cells and washing machines follow through on protectionist promises

Published 1 second ago

Japan bitcoin bourse group stages Europe expansion

Japan bitcoin bourse group stages Europe expansion

Exchange to offer trading of bitcoin/euro pairs after gaining Luxembourg licence

Published 1 second ago

South Korea faces backlash over North’s Olympic participation

South Korea faces backlash over North’s Olympic participation

Public anger threatens peace overtures to Pyongyang and standing of President Moon Jae-in

Published 1 second ago

As Trump Heads to Davos, the Question Is Which Trump Will It Be?

As Trump Heads to Davos, the Question Is Which Trump Will It Be?

No one knows quite what to expect of the president who rode populism into office when he appears at the summit of the globalists.

Published 6 months ago

Netflix’s market value tops $100bn for the first time

Netflix’s market value tops $100bn for the first time

Shares surge as subscriber numbers beat forecasts

Published 1 second ago

U.S. Imposes Trade Tariffs, Signaling Tougher Line on China

U.S. Imposes Trade Tariffs, Signaling Tougher Line on China

The Trump administration announced Monday new trade barriers aimed at protecting domestic makers of solar panels and washing machines from a recent surge of cheap imports.

Published 6 months ago

Big Drugmakers Pay Big Prices for Promising Biotechs

Big Drugmakers Pay Big Prices for Promising Biotechs

Lofty premiums Celgene and Sanofi shelled out in Monday’s biotech deals show companies’ need for quick revenue as generic competition poses threats.

Published 6 months ago

A Fractured World: Nationalism vs. the Global Liberal Order

A Fractured World: Nationalism vs. the Global Liberal Order

Nationalist movements have lost some recent battles, but it’s way too soon to think they are receding.

Published 6 months ago

Former KPMG partners charged with fraud

Former KPMG partners charged with fraud

Accountants at US regulator also indicted over sharing audit inspection data, says SEC

Published 1 second ago