Finance

  • Wines in burgundy outperformed equities and gold last year

    Investors in burgundy wines will be toasting their gains after the bottles outperformed equities and gold last year. The index that tracks the movements of the most...

  • The world’s biggest gold miner

    Newmont Mining is to acquire Canada’s Goldcorp in a $10 billion deal, creating the world’s biggest gold miner as M&A activity in the industry intensifies. The US-listed...

  • Slack plans a direct listing

    Slack, the workplace messaging app, plans to bypass the traditional route to an initial public offering by directly listing its shares… Slack, which plans to go public...

  • N26 has become Europe’s most valuable fintech start-up

    N26, the German digital bank, has become Europe’s most valuable financial technology start-up after raising $300 million to fund international expansion. The investment values the Berlin-based online...

  • SoftBank makes WeWork the 4th most valuable private company

    Is WeWork worth a) $42 billion b) $20 billion or c) whatever SoftBank says it is worth? The answer, has to be c) because SoftBank’s latest investment...

  • Apple shocked Wall Street with a rare revenue warning

    Apple shocked Wall Street with an extremely rare revenue warning late yesterday, blaming economic weakness in China and disappointing iPhone upgrades in the developed world...

  • A boost of confidence in Asia’s tech sector

    SoftBank’s Vision Fund has led a $1.1 billion funding round for Indonesian ecommerce site Tokopedia in a move that underscores the Japanese group’s growing presence...

  • SoftBank has priced his mobile arm IPO

    SoftBank has priced the initial public offering of its mobile business at ¥1,500 ($13.3) per share and will raise ¥2.65 trillion ($23.5 billion), sticking with...

  • Slack is one of several highly valued start-up IPOs

    Slack, the workplace messaging app, has hired Goldman Sachs to underwrite an initial public offering planned for next year… The San Francisco company is one...

  • Amazon briefly surpassed Apple, after Microsoft

    The title of the world’s most valuable company seems to be changing hands nowadays about as quickly as Australia chews through prime ministers, with Amazon...

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