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Trump could get big 'bonus' shares in new social media firm

NEW YORK (AP) — Donald Trump's social media company will get tens of millions in special bonus shares in a new publicly traded entity if it performs well, handing the former president possibly billion...

China Evergrande's snowballing debt crisis

HONG KONG, Oct 22 (Reuters) - China Evergrande Group (3333.HK) has supplied funds to pay interest on a dollar bond, a person with direct knowledge of the matter said on Friday, days before a deadline ...

Warmer welcome for WeWork 2 years later on Wall Street

WeWork will become a publicly traded company Thursday after a spectacular collapse during its first attempt to do so two years ago. WeWork is emerging more than a year into a pandem...

Trump announces launch of his very own social media site

Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he’s launching a new media company with ...

Trump announces launch of his very own social media site

NEW YORK (AP) — Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he's launching a new media com...

Trump announces launch of media company, social media site

NEW YORK (AP) — Nine months after being expelled from social media for his role in inciting the Jan. 6 Capitol insurrection, former President Donald Trump said Wednesday he's launching a new media com...

Alibaba founder Ma spotted in Mallorca in rare trip abroad after China scrutiny

MALLORCA, Spain (Reuters) - Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said on Wednesday, on his first trip abroad s...

Automakers step up pace on electric vehicle battery plants

DETROIT (AP) — Global automakers and tech companies are stepping up the pace when it comes to building factories and prepare for what many believe will be a fast-moving transition from internal combus...

Sweden's Volvo Cars launches IPO, seeks Stockholm listing

HELSINKI (AP) — The Chinese-controlled Swedish car maker Volvo Cars will make a return as a listed company after a hiatus of more than two decades following an initial public offering and share listin...

Billionaire Alibaba founder Jack Ma reappears in Hong Kong - sources

HONG KONG, Oct 12 (Reuters) - Alibaba Group (9988.HK) founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last year, is currently in Hong Kong ...

Business Highlights: Pandora Papers, Facebook outage

___ ‘Pandora Papers’ bring renewed calls for tax haven scrutiny WASHINGTON (AP) — Calls are growing for an end to the financial secrecy and shell companies that hav...

Volvo plans $2.9B IPO to fund electric vehicle ambitions

LONDON (AP) — Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner ($2.9 billion) by selling shares to fund its electric vehicle transformation strategy. ...

Evergrande chairman pocketed $8 billion in dividends while forcing employees to lend company cash

TAIPEI (Taiwan News) — New investigations by Forbes reveal Hsu Chia-yin (許家印), chairman of Evergrande Group (恆大集團), continued to stuff his pockets with dividends while his company racked up enor...

Once-hot SPAC investments return to earth

NEW YORK (AP) — The spectacular run for the investing phenomenon known as SPACs, once the hottest thing on Wall Street, has fizzled so much that many have been relegated to the bargain bin. ...

Impossible Foods to roll out meatless pork in HK, Singapore, U.S.

HONG KONG, Sept 23 (Reuters) - Impossible Foods is rolling out its meatless pork product in Hong Kong in October and Singapore later in the year as it tries to bolster its footprint in the fast-growin...