WeWork plans new location openings in Singapore, Manila

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Source: Dukascopy Bank SA
The office-sharing start-up WeWork is planning to open new co-working sites in the Philippines and Singapore this year, and seeking a $1.0B worth lifeline from its largest-backer Softbank Group for the company's major restructuring.
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Fri, 11 Oct 2019 02:22:13 GMT

Arabtec, Trojan pick advisers for merger deal

Trojan Holding and Arabtec Holding have selected Dubai-listed Shuaa Capital and Swiss bank UBS as advisers on the UAE construction firms' potential merger deal, according to Reuters.

Thu, 10 Oct 2019 18:41:19 GMT

UK inventor James Dyson calls off EV project

On Thursday, the British inventor James Dyson, known for his bagless vacuum cleaner, has cancelled the ambitious project to develop an electric car, an investment worth $3.1B, as his Automotive team no longer see a way to make the project commercially viable.

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