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BBCNEWS World Business Report June 4, 2024 04:46:00

Higher. it is the biggest gains in the early weeks of the ukraine war. shares in wework have slumped out of the office space provider raised doubts about its ability to survive as about its ability to survive as a going concern. at the close of trading on wednesday shares that down by 38% to just 12 cents valuing the company at $200 million. they were valued as much as $47 billion and a plan share sale in 2019 before concerns of heavy losses and lapses in court. rome watered down its plans for a windfall tax. 0n down its plans for a windfall tax. on monday night the italian government passed a 1 off italian government passed a i-off 40% italian government passed a 1 off 40% tax on the profits that banks earn from higher interest rates. there was a shock move that saw shares plummet. it said proceeds would be used to help mortgage holders. the finance ministry said the tax would be capped at just 0.1% of assets. coming up, ....

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WeWork Has 'Substantial Doubt' About Continuing to Operate

WeWork issued a so-called going concern warning to investors Tuesday saying that it had "substantial doubt" that it can continue as a business. ....

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WeWork Warns It Might Go Out Of Business: Ability To Continue A Concern

Embattled office-sharing firm WeWork on Tuesday warned US regulators that it is worried about its survival. ....

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WeWork raises going-concern doubt, shares tank

WeWork shares tumble 27 per cent after sharing doubts about future ....

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WeWork says it has 'substantial doubt' about its ability to stay in business

“Substantial doubt exists” about WeWork’s ability to continue to stay in business, due to the company’s losses, projected cash needs, and increased member turnover, according to the company’s second quarter earnings release. ....

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