August 2019

WeWork posts $900m loss as it plots stock market listing

Image copyright WeWork Image caption Inside a WeWork office The owner of office space company WeWork burned through $900m (£746m) in the first six months of this year, according to figures ahead of its hotly anticipated stock market launch. Documents filed with regulators reveal the We Company, valued at about $47bn, doubled revenues to $1.54bn. […]

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Portugal secures most gas supplies despite truckers’ strike

Portugal has so far averted a gas crisis with around two-thirds of the country’s gas stations well-stocked three days into a strike by tanker truck drivers over pay, the government said Wednesday. Uncertainty remained, however, as employers said they wouldn’t return to the negotiating table while the truckers are on strike, and the truckers’ union

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WeWork reveals loss, revenue growth as it prepares IPO

WeWork is getting ready to go public, adding to a growing list of money-losing venture seeking investors. The office space-sharing company, which recently renamed itself The We Co., said in a regulatory filing Wednesday that it now has 527,000 memberships across 29 countries. That’s nearly double the 268,000 members it had in the prior-year period.

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12 Fashion Brands That Are Pro-Immigration

Fashion has a way of transcending borders. It’s common for designers to draw inspiration from cultural crossroads — think of Kim Shui’s culturally diffused bustier, Beyonce’s red-and-gold ensemble by Abu Jani Sandeep Khosla or Naeem Khan’s gown inspired by Moroccan ceramics. Since President Donald Trump has taken office, he has pushed an anti-immigration agenda, one

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