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Financial Markets

Snap Lowers Valuation Expectations in Highly Awaited IPO

Investors have been poring over the filing for Snap's upcoming IPO to assess whether the still-unprofitable company will be the next Facebook Inc.

Financial Markets

Snap Lowers Valuation Expectations in Highly Awaited IPO

Investors have been poring over the filing for Snap's upcoming IPO to assess whether the still-unprofitable company will be the next Facebook Inc.


Financial Markets

Report: Alibaba's Ant Financial Planning to Raise $2 to $3 billion in Debt

The world's largest financial technology firm plans to use some part of the proceeds to fund its acquisition of US money-transfer company MoneyGram International Inc.

Financial Markets

Report: Alibaba's Ant Financial Planning to Raise $2 to $3 billion in Debt

The world's largest financial technology firm plans to use some part of the proceeds to fund its acquisition of US money-transfer company MoneyGram International Inc.


Financial Markets

Tough Trade Weakens Hand of UK Retailers as Refinancing Looms

Retail is emerging as a sickly sector within a UK economy that grew at 2 percent last year, though December retail sales fell at the fastest pace in almost five years.

Financial Markets

Tough Trade Weakens Hand of UK Retailers as Refinancing Looms

Retail is emerging as a sickly sector within a UK economy that grew at 2 percent last year, though December retail sales fell at the fastest pace in almost five years.


Financial Markets

Macy's Investor Starboard is 'Impatient for Change'

Macy’s Inc. activist holder Starboard Value LP invested in the retailer “too early” and may grow impatient for bolder changes at the company.

Financial Markets

Macy's Investor Starboard is 'Impatient for Change'

Macy’s Inc. activist holder Starboard Value LP invested in the retailer “too early” and may grow impatient for bolder changes at the company.


Financial Markets

BoF Exclusive | Diesel Founder Acquires Minority Stake in Tomorrow London

The family investment arm of Diesel founder Renzo Rosso has acquired a “high single digit” stake in the multi-sales platform Tomorrow London.

Financial Markets

BoF Exclusive | Diesel Founder Acquires Minority Stake in Tomorrow London

The family investment arm of Diesel founder Renzo Rosso has acquired a “high single digit” stake in the multi-sales platform Tomorrow London.


Financial Markets

Bain Exit Leaves Edcon Struggling in South Africa Retail Slump

Bain Capital Partners LLC’s decision to walk away from Edcon Holdings Ltd. leaves South Africa’s largest clothing retailer to claw back market share.

Financial Markets

Bain Exit Leaves Edcon Struggling in South Africa Retail Slump

Bain Capital Partners LLC’s decision to walk away from Edcon Holdings Ltd. leaves South Africa’s largest clothing retailer to claw back market share.


Financial Markets

Investcorp Says Abu Dhabi’s Mubadala to Acquire 20 Percent Stake

Abu Dhabi sovereign investment fund Mubadala Development Co. will acquire a 20 percent stake in alternative investment firm Investcorp Bank BSC, which has backed companies including Tiffany & Co. and Gucci Ltd. under founder Nemir Kirdar.

Financial Markets

Investcorp Says Abu Dhabi’s Mubadala to Acquire 20 Percent Stake

Abu Dhabi sovereign investment fund Mubadala Development Co. will acquire a 20 percent stake in alternative investment firm Investcorp Bank BSC, which has backed companies including Tiffany & Co. and Gucci Ltd. under founder Nemir Kirdar.


Beauty

What's Driving the Goldrush for Korean Beauty Brands?

South Korea’s booming beauty industry has received its second major investment in a week.

Beauty

What's Driving the Goldrush for Korean Beauty Brands?

South Korea’s booming beauty industry has received its second major investment in a week.


Financial Markets

As Markets Reach New Highs, World’s Top Investors Sound Alarm

Investors have cautioned that buyers may be ignoring sluggish economic growth and Britain’s departure from the European Union as they look to put their money somewhere, anywhere, amid low interest rates.

Financial Markets

As Markets Reach New Highs, World’s Top Investors Sound Alarm

Investors have cautioned that buyers may be ignoring sluggish economic growth and Britain’s departure from the European Union as they look to put their money somewhere, anywhere, amid low interest rates.


Financial Markets

Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics

The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.

Financial Markets

Young Turks: E-Commerce Start-Ups Bet On Enviable Demographics

The potential for online retail growth in Turkey is increasingly attracting overseas players and investors.


Financial Markets

JD.com Loses Lustre as Hedge Funds Backpedal Amid Slowing Growth

The US-traded stock has plunged 37 percent this year, wiping out almost $17 billion in market value.

Financial Markets

JD.com Loses Lustre as Hedge Funds Backpedal Amid Slowing Growth

The US-traded stock has plunged 37 percent this year, wiping out almost $17 billion in market value.


Financial Markets

Valentino’s Qatari Owners Acquire Balmain

Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.

Financial Markets

Valentino’s Qatari Owners Acquire Balmain

Mayhoola for Investments, an investment fund backed by the emir of Qatar, acquired Balmain, adding a brand favoured by Kim Kardashian to a roster of labels that includes Valentino.