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WeWork shares jump on debut after two-year struggle to go public

Shares of SoftBank-owned WeWork jumped nearly 9% as they finally started trading in New York on Thursday, capping an arduous journey to the public markets for the storied office-sharing company that was once valued as high as $47 billion. ....

Anirban Sen , Masayoshi Son , Adam Neumann , Noor Zainab Hussain , Miguel Mckelvey , Shinjini Ganguli , Marcelo Claure , Jay Ritter , Thomson Reuters Trust Principles , University Of Florida , Bowx Acquisition Corp , Softbank Owned Wework , New York , New York Times , Thomson Reuters Trust , M Fe ,

Trump app is ultimate art of the SPAC deal

Donald Trump and blank-check vehicles were made for each other. Like many executives drawn to special-purpose acquisition companies, the former U.S. President would struggle to launch a regular stock market offering. He’s also embraced the SPAC habit for rosy projections by valuing his yet-to-be-launched social network at $1.7 billion. For securities regulators, Trump could be the ultimate test. ....

United States , Elon Musk , Donald Trump , Amanda Gomez , Digital World Acquisition Corp , Trump Hotels , Trump Media Technology , Trump Organization , Reuters Breakingviews , Trump Media , Truth Social , Casino Resorts , Big Tech , Peter Thal Larsen ,

America Movil Q3 net profit dips 16%, falling short of expectations

Mexican telecommunications giant America Movil on Tuesday reported a 16% dip in third-quarter net profit compared to the year earlier period as the peso currency weakened versus the U.S. dollar, falling short of some analyst expectations. ....

Mexico City , Distrito Federal , Cynthia Osterman , America Movil , Matthew Lewis , Carlos Slim , Jake Kincaid , Richard Pullin , Noe Torres , Liberty Latin America , Thomson Reuters Trust Principles , Claro Panama , Wireless Panama , Liberty Latin , Cassandra Garrison , Mexico City Additional , Mexico City Editing , Thomson Reuters Trust ,

Exclusive-Myanmar junta minister blames economic woes partly on foreign-backed 'sabotage'

Myanmar's military-appointed authorities are doing their best to revive an economy in turmoil since a February coup and stabilise the kyat currency, a minister told Reuters on Tuesday, blaming the crisis partly on foreign backers of its opponents. ....

Thaung Tun , Nick Macfie , Clarence Fernandez , Suu Kyi , Thomson Reuters Trust Principles , World Bank , Assistance Association For Political Prisoners , Southeast Asian , Aung San Suu , Assistance Association , Poppy Mcpherson , Martin Petty , Thomson Reuters Trust ,

Abu Dhabi wealth fund to lead GoTo's pre-IPO funding with $400 mln

The Abu Dhabi Investment Authority (ADIA) will invest $400 million to lead a pre-IPO fundraising exercise by Indonesia's biggest tech group, GoTo, the firms said in a joint statement on Wednesday. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Hamad Shahwan Al Dhaheri , Andre Soelistyo , Clarence Fernandez , Thomson Reuters Trust Principles , Softbank Vision Fund , Abu Dhabi Investment Authority , Alibaba Group Holding , Chief Executive Andre Soelistyo , Middle Eastern , Southeast Asia , Anshuman Daga , Thomson Reuters Trust ,