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BBCNEWS World Business Report October 22, 2021 04:30:00

This is bbc news with the latest business headlines for viewers in the uk and around the world. tech tax truce: europe agrees to end multibillion dollar levies on the likes of facebook and amazon, averting a trade war with the us. evergrande escapes for now. the chinese property giant avoids default with a last minute interest payment. wework, re worked! two years on from near collapse, the office sharing company finally makes its stock market debut, netting its ousted founder almost a billion dollars. plus the craic returns, but the masks stay. ireland backtracks on easing covid restrictions for hospitality amid rising cases. ....

Business Headlines , Bbc News , Around The World , Avertinga Trade War , Tech Tax Truce , Interest Payment , Are Worked , Property Giant , Stock Market Debut , Easing Covid , Northern Ireland , Craic Returns , A Billion , A Billion Dollars ,

BBCNEWS World Business Report October 22, 2021 04:40:00

Mcsally is much more adaptable and they have a more flexible model ever since they began before the pandemic wework. much of the space on a sub prime or all prime around the world, is still overpriced and is in flexible and inaccessible and it is surfeit to requirements and even the occupancy of wework offices are half full or half empty, 50%, depending on your point of view so how brittle is the leasehold property? so how brittle is the leasehold ro -e ? ., so how brittle is the leasehold roe ? ., , , ,, property? the whole business case is vulnerable property? the whole business case is vulnerable but - property? the whole business| case is vulnerable but wework is vulnerable, given what you referenced earlier and what we talked about with the past drama and now the fact they are coming out in public with the valuation about $89 billion versus versus the 47 billion they wanted a couple of years ago, they are vulnerable and i think all of their shareholders know that and they ....

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BBCNEWS World Business Report October 22, 2021 04:39:00

Thank you very much forjoining me, joshua. is neumann still toxic by association? what is their appetite for these shares? what is their appetite for these shares? , . , ., these shares? the shares are u - , 1396 these shares? the shares are up. 1396 on these shares? the shares are up. 1396 on the these shares? the shares are up, 1396 on the first these shares? the shares are up, 1396 on the first day - these shares? the shares are up, 1396 on the first day of. up, 13% on the first day of trading so so far, the data suggest the outlook is positive. the idea of the previous drama that you referenced with the past ipo, i think it is affecting wework and i think they are trying very hard to get beyond it and to make investors excited about their technology and business model. , ., ., model. does the new world of work, whatever model. does the new world of work, whatever that model. does the new world of work, whatever that might - model. does the new world of| work, whatever th ....

His Neumann , Business Model , Pandemic , Real Estate , Mike Mcsally ,

BBCNEWS World Business Report October 22, 2021 04:38:00

Even though we are starting to hear some good news about the company s chairperson pouring compa ny s chairperson pouring his company s chairperson pouring his personal wealth into completing a project, things are starting to change but it does not mean that a debt crisis is over at all. marinko, thank yon mariko, thank you. back in 2019, the office space company wework was one of wall street s hottest prospects with a valuation of almost $50 billion and plans for a massive share listing. but questions over its finances, corporate governance and the management style of its founder brought it to the brink of collapse. now, two years on, after a rescue deal and restructuring, wework shares have finally started trading on the nasdaq albeit at a far lower valuation. adam neumann may no longer be on the board but still holds a sizeable stake, now worth almost $1 billion. joshua jahani is managing director of the private investment bankjahani & associates in new york. ....

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WeWork is finally going public. Will SoftBank ever make its $17 billion back?

WeWork would need to capture a large portion of the post-pandemic workforce and hope that flexible offices take the place of many corporate campuses. ....

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