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SoftBank offers to buy Uber shares at 30 percent discount |
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SAN FRANCISCO (Reuters) - Japan's SoftBank Group Corp is offering to purchase shares of Uber Technologies Inc at a valuation of $48 billion, a 30 percent discount to its most recent valuation of $68.5 billion, a person familiar with the matter said on Monday. |
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Global crypto-currency crackdown sparks search for safe havens |
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NEW YORK (Reuters) - When U.S. entrepreneur Bharath Rao looked around for the best place to raise money for his crypto-currency derivatives trading business, the United States did not make his list. Instead he chose the East African island nation Seychelles to sell the trading platform's tokens. |
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Traders await Powell hearing; Brexit doubts grip pound |
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LONDON (Reuters) - The dollar was stuck near a two-month low on Tuesday as traders waited for the confirmation hearing of new Federal Reserve chair Jerome Powell, while the pound slipped from a two-month high as Brexit-related doubts began to re-exert their grip. |
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Airbus poaches Rolls-Royce executive to head aircraft sales |
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PARIS/LONDON (Reuters) - Airbus has hired the boss of Rolls-Royce's civil engines division, Eric Schulz, to replace John Leahy as head of commercial aircraft sales, following months of uncertainty over who would replace the veteran dealmaker. |
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U.S. boom in RV shipments keeps rolling |
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(Reuters) - The boom in U.S. recreational vehicle sales keeps on rolling, thanks to a strong economy and a wave of retiring Baby Boomers and others filled with wanderlust. |
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