Rapid climate adaptation. Investtes wants to help nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For we work it was the roadshow that wasnt this week. Highlythe most anticipated public debuts of the year is postponed until october. The shared Office Space Provider is looking for more time to calm investors down about dropping valuation, governance problems and financials. At one point this was supposed to be a 47 billion company. Billionber is now 15 and could be even smaller. Joining me was the cofounder and chief revenue officer of equities and equitys end, an ipo market. Things tove a lot of address before they can go up to investors and ask them for money. They were looking for 47 billion valuation and now we are hearing it could be as low as 12 to 15. They have made a lot of changes through corporate governance. Investors are looking at valuations, where they will improved performance fina
And rapid climate adaptation. Billionaire bill gates wants to help invest nearly 2 trillion over the next decade to help the world become more resilient. His thoughts on and potential solutions for Climate Change. For wework, it was the roadshow that was not this week. One of the most anticipated debuts of the year is now postponed until october. The shared Office Space Provider is looking for time to calm investor doubts about its dropping valuation, governance problems, and financials. Remember that, at one point, this was supposed to be a 47 billion company. That number is now 15 billion and could be perhaps even smaller. Joining me to discuss this all was phil haslett, cofounder and chief revenue officer at equityzen, a secondary marketplace for preipo shares and bloombergs crystal tse. Crystal they have a lot to address before they can go out to the investors and ask them for their money. Like you said, they were looking for a 47 billion valuation, and now we are hearing it could
Lofty goals to combat climate change. We will have details. Based cloudyork software company, data dog sees a pop in shares after the company goes public. We will hear from the ceo. Way launching its first highend smart phone since the Trump Administrations blacklisting. On thursday, the Telecom Giant announced its profounds. They pack a punch, including 5g capabilities, but all eyes are on that software and those huawei phones are running a free and open source version of googles android operating system because the u. S. Blacklist prohibits them from getting the official version from google. That means no Google Play App store to get programs like google maps. To tell us more, bloombergs Consumer Tech reporter, mark gurman. Talk to me about 5g. Huge deal . To be a is going massive deal at the end of next year in the u. S. Around the time the next iphone is going to have it. Right now, youre seeing more and more 5g Networks Coming online a little in the u. S. But mostly in europe and
And the top story in the uk now on bbc news live to singapore for Asia Business report. Share prices slump on recession fears. Asian markets follow wall street lower as warnings are flashed. Walmart versus the trade war. How will it impact the worlds biggest retailer . Good morning asia, hello world. It is the first day, glad we can join hello world. It is the first day, glad we canjoin you. An hello world. It is the first day, glad we can join you. An exciting overnight action it was for us markets after they fell by 3 . The main indexes, the dow, the s p, and of course the nasdaq, and now asian markets are open for trading and they have opened sharply lower. The nikkei down1. 8 , and they have opened sharply lower. The nikkei down 1. 8 , and the all ordinaries giving back 1. 8 . This is all about fears of us china trade war. At the moment, the us Financial Markets have begun trading and investors have started selling. Wea k and investors have started selling. Weak Economic Data from
You on trading yuan. Take two interactive came in with results of a very Strong Quarter, and the pipeline is amazing, what with Red Dead Online and the grand theft auto series continuing. 1. 77 today. Ield guy European Markets are up, but not that much. Stocks like lvmh are doing well. Puma doing well. Volumes are pretty good. The yield continues to decline. Down, so therading dollar gaining a little bit of strength. The euro down by nearly 3 10 of 1 . Vonnie lets get back to the trade tensions as the u. S. Labels china a currency manipulator. Former treasury secretary Larry Summers telling bloomberg earlier today the move is not justified. China has been entering the market not to sell its currency, but to buy its currency. Really, china has been propping it up. If we simply let Market Forces operate, no chinese currency intervention, no chinese controls on the flow of capital, the currency would fall very substantially. Vonnie with us to discuss now is tom orlik, who has spent lots o