Financial Markets

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Commercial real estate market in low-Earth orbit heats up

NASA got a third pitch, this one from Voyager Space Holdings Inc, to build a private station to replace an…

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WeWork goes public again two years after failed debut

The workspace sharing company was once valued at $47bn. But that was before investors began to buck, fed up with…

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Shares in China’s Evergrande plunge as deal collapses

Deal falls through as debt-ridden property developer faces looming bond payment deadline. Shares of China Evergrande Group, the world’s second-largest…

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Tesla quarterly earnings beat estimates as car sales soar

Sales at Elon Musk’s electric vehicle and clean energy firm rose 57 percent to $13.8 billion, while earnings came to…

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Wall Street ends higher with S&P 500 on cusp of a record

The S&P 500 benchmark index, a proxy for the health of retirement and college savings accounts, climbed 0.4 percent for…

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Price pressures: Canada’s inflation hits 18-year high

Driven higher by rising food and home prices, the consumer price index rose 4.4 percent last month compared with a…

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With Ant Group being overhauled, its record IPO is in limbo

Days after China snuffed out the biggest initial public offering in history, Ant Group Co. gathered its investment bankers at…

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Oil price starts to drop after China looks to tame coal prices

Oil hit multi-year highs on the back of a global coal and gas crunch that drove a switch to oil…

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Facebook plans to rebrand itself with new name: tech blog reports

CEO Mark Zuckerberg plans to talk about the name change at its annual conference on October 28, but it could…

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Love them or hate them: Cryptocurrencies are here to stay

Bitcoin has come a long way since someone or a group of someones under the name Satoshi Nakamoto wrote a…

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