newszine

Starbucks’ China rival Luckin serves up a hot debut

3 days ago DieselGasoil Comments Off on Starbucks’ China rival Luckin serves up a hot debut
(Reuters) – Shares of China’s Luckin Coffee Inc surged 47% in their market debut on Friday, indicating strong investor demand for the self-declared challenger to Starbucks Corp in the Asian country. A screen welcomes Luckin Coffee during the company’s IPO at the Nasdaq Market site in Times Square in New York, U.S., May 17, 2019. Read More

Starbucks’ China challenger Luckin raises $561 million in U.S. IPO

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NEW YORK/HONG KONG (Reuters) – Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, on Thursday priced its U.S. initial public offering at the top end of its targeted range and sold more shares than planned in the biggest U.S. float by a Chinese firm this year. The Beijing-based coffee chain raised $561 million by Read More

DNO Completes USD 400 Million Bond Placement

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16 May 2019 – DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.375 percent. The bond placement received strong investor demand across international markets and was oversubscribed. The bond issue is expected to be settled Read More

SoftBank leads funding round for Berlin travel startup GetYourGuide

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FRANKFURT (Reuters) – Berlin travel startup GetYourGuide said on Thursday it had raised nearly $500 million from investors led by SoftBank’s Vision Fund to expand its online offering of tours and activities that has won a following among millennials. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Read More

Clear Blue Announces Update on Delay in Filing Financial Statements

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TORONTO, May 16, 2019 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (the “Company”) (TSX VENTURE: CBLU) is providing an update on the status of the filing of its annual financial statements, accompanying management’s discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2018 (collectively, the “Annual Filings”). Read More

Wells Fargo and Barclays back fintech company OpenFin

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NEW YORK (Reuters) – Financial services software startup OpenFin has raised $17 million in a funding round led by Wells Fargo & Co with participation from Barclays, the company said on Thursday. FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith Existing investors including JPMorgan Chase Read More

WeWork starts $2.9 billion property platform with Canada’s CDPQ

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NEW YORK (Reuters) – The We Company, parent of workspace provider WeWork, said on Wednesday it has created a $2.9 billion real estate investment platform with funding from one of Canada’s largest pension funds, building on ties with private equity firm the Rhone Group. FILE PHOTO: The WeWork logo is displayed outside a co-working space Read More

ChargePoint sounds alarm on electric vehicle charging standards

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FRANKFURT (Reuters) – A leading operator of charging stations has sounded the alarm on a proposed technical standard that it says could hamper mass adoption of electric vehicles by making it harder to charge them at home or at work. FILE PHOTO: A ChargePoint station on display at the Frankfurt Motor Show (IAA) in Frankfurt, Read More

Assange’s lawyer attacks Sweden for reopening rape investigation

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By Rebecca Taylor, news reporter An investigation into a rape allegation against Julian Assange is to be reopened as prosecutors say there is “probable cause” of an offence. Swedish prosecutors will begin looking again at the case against Assange, who is currently in Belmarsh Prison serving a 50-week sentence for jumping bail, and will seek Read More

Foxconn poised to nominate chip boss as Taiwan group’s next chair: sources

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TAIPEI (Reuters) – iPhone assembler Foxconn is poised to nominate its chip unit head as group chairman to succeed Taiwan presidential hopeful Terry Gou, in what is internally seen as a surprise move, two people with direct knowledge of the matter said. FILE PHOTO: A motorcyclist rides past the logo of Foxconn, the trading name Read More