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Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music To Launch USD 1.2 Billion IPO In The U.S.

Tencent Music Entertainment announced on Monday it is moving forward with its plans to launch its highly-anticipated U.S. initial public offering of up to USD 1.2 Billion after global stock markets were boosted by a truce brokered by U.S. and Chines..

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Shares Plummet on Larger-Than-Expected Loss

Wayfair Inc. (NYSE: W) reported its third quarter financial results before the opening bell on Thursday. The Company topped revenue estimates, but reported a larger-than-expected loss for the quarter, sending shares plummeting by 17% at the opening ..

Qatar to buy Plaza Hotel in New York

Qatar to buy Plaza Hotel in New York

Katara Holding, Qatar’s stated owned hospitality company, has acquired one of New York’s most iconic buildings, the Plaza Hotel, in a USD 600 Million deal, making the hotel the newest addition to the Company’s portfolio. The Compan..

GDP Growth for First Quarter Shows Disappointing Results

GDP Growth for First Quarter Shows Disappointing Results

Reports for the first quarter of economic growth has been released. According to the figures, the economic growth for the first quarter has been disappointing. This is, however, quite typical since the economy has always been on the slightly under-p..