Tag Archives: HSBC

Risky business | WeWork unveils its IPO prospectus

Risky business | WeWork unveils its IPO prospectus

Investors will need a lot of nerve to back the loss-making office-rental company FAR FROM the soulless corporate offices of midtown Manhattan is a door in Greenwich Village wedged between a rowdy saloon and a burrito joint. The steady stream of hipsters and fashionistas passing in front of it is punctuated by professionals in “business casual” …

Business this week

Business this week

America officially categorised China as a currency manipulator forthe first time in 25 years, after the yuan weakened past the psychologically significant mark of seven to the dollar, the lowest point for the Chinese currency since the financial crisis. The yuan trades narrowly in China around an exchange rate set by the central bank. It dismissed the …