Tencent-Backed Used Car Marketplace Seeks $200 Million in Fresh Funds
Beijing Taoche Technology Co., a used car sales platform in China, is considering raising as much as $200 million in fresh funds, according to people familiar with the situation.
Beijing Taoche Technology Co., a used car sales platform in China, is considering raising as much as $200 million in fresh funds, according to people familiar with the situation.
The frenzy over artificial intelligence-linked stocks has gone too far but won’t die down just yet, according to Bank of America Corp. strategists led by Michael Hartnett.
NatWest Group Plc, the UK lender under the spotlight for closing Nigel Farage’s bank account, has trimmed its guidance for net interest margins this year, underlining the pressure on banks to pass interest rate increases on to savers.
An abundance of concrete and too few trees drive up already high temps.
Listen to The Big Take podcast on iHeart, Apple Podcasts, Spotify, Terminal.
Struggling fashion and apparel retailers are turning to outsiders with strong track records reviving once-flailing brands in order to end their own slumps.
Donald Trump and Ron DeSantis’s Iowa appearances Friday mark one of the most climactic moments of the early presidential cycle as the former tries to extend momentum for an unprecedented White House comeback and the latter strives to steady an underperforming campaign.
Amundi SA posted second-quarter inflows that surpassed analysts’ estimates, helped by a rebound in Asia where clients returned following several quarters of outflows.
Hermes’s sales and profit jumped as the maker of Birkin bags stood out from its luxury-industry rivals with unabated demand for its high-end purses, notably in the US and China.
The Bank of Japan’s decision to tweak its yield-curve control mechanism looks set to embolden yen bulls betting the central bank is moving toward normalizing policy.