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Friday, July 27, 2018

WeWork's China unit gets $500 million funding from Temasek, Softbank, others

The Chinese unit of U.S. co-working space provider WeWork Cos said it has raised $500 million from investors including Temasek Holdings [TEM.UL] and SoftBank Group Corp as it looks to expand in the market for shared office space in the country.


from Reuters: Business News https://ift.tt/2LXdsRS

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf