Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
SoftBank Group Corp has agreed
to spend more than $10 billion to take over WeWork, doubling
down on an ill-fated investment and paying off its co-founder
Adam Neumann to relinquish control, people familiar with the
matter said on Tuesday.
Top pension consultant NEPC said
it questioned the "sustainability" of Fisher Investments, in a
memo sent to NEPC clients and seen by Reuters on Tuesday.
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Hong Kong's embattled government announced extra financial support on Tuesday for the Chinese-ruled city battered by political unrest and facing its first recession in a decade.
China is planning to replace Hong Kong's leader Carrie Lam with an "interim" chief executive, the Financial Times reported, citing people briefed on the deliberations.
Syrian and Russian forces will deploy in northeast Syria to remove Kurdish YPG fighters and their weapons from the border with Turkey under a deal agreed on Tuesday which both Moscow and Ankara hailed as a triumph.
On Monday it was Bolivia - angry people clashed with police after the political opposition said it had been cheated in an election won by incumbent President Evo Morales.
British Prime Minister Boris Johnson said on Tuesday it was up to the EU to decide whether it wanted to delay Brexit and for how long, after a defeat in parliament made ratification of his deal by the Oct. 31 deadline almost impossible.
The French minister for European affairs, Amelie de Montchalin, questioned on Tuesday the justification for an additional delay to approve the withdrawal of Britain from the European Union.
