China Evergrande Shares Dip After Police Detain Some Wealth-Management Unit Staff
China Evergrande Group’s shares dipped after police in southern China detained some staff at its wealth-management unit, adding to the debt-laden developer’s woes.
Instacart Starts Trading Tuesday. Valuation Is the Key.
Confidence in the gig economy combined with the success of advertising will help decide the grocery-delivery company’s future as it goes public.
Arm IPO Excites Wall Street, but Challenges Loom
The British supplier of designs for chips, long seen as the industry’s Switzerland, is challenged with growing beyond its dominance in mobile phones without upsetting existing customers.
Paine Schwartz Cuts Costa Takeover Offer
Fruit and vegetable grower Costa said U.S. private-equity firm Paine Schwartz Partners has lowered its takeover proposal after several months of discussions.
KKR to Buy 20% Stake in Singtel’s Data-Center Business
Private-equity firm KKR has agreed to buy a 20% stake in the regional data center business of Singapore Telecommunications for $800.0 million.
Bluestone Equity Invests Some $20 Million in First Entertainment Deal
Private-equity investors are increasingly looking to entertainment as an attractive opportunity.
Race for Soybean Dollars on U.S. Farms Heats Up
Agricultural giant Bayer has dominated for years, but Corteva has taken the lead.
Troubled Chinese Trust Company Brings In State Help
Shadow-banking giant Zhongrong Trust set off alarms last month when it failed to make payments on high-yielding investment products.
Cheaper Airfares Squeeze Airline Stocks
Investors are worried that the postpandemic travel surge will fade.
The Executive Trying to Make Microsoft Smarter About AI
Chief Technology Officer Kevin Scott spearheaded the tech titan’s unlikely partnership with OpenAI.
Source: Dow Jones Newswires