Bloomberg
Stories by Bloomberg
Wuhan hedge funds show traders in virus lockdown can still make money
Funds based there managed a 1.9 per cent return on average in February.
WeWork’s new crisis: Workplaces may never be the same after COVID-19
The vast majority of WeWork offices remain open, though with far fewer people coming in than before.
Chinese beauty mask maker Yuemu Cosmetics explores sale, external funding
The maker of Mofashijia beauty products is working with an adviser to weigh alternatives.
Facebook said to have held talks for 10% stake in Reliance Jio
Facebook was close to signing a preliminary deal before travel bans related to Covid-19 stalled negotiations.
Twitter slashes first quarter sales forecast, warns of loss
The company cited a decline in advertisers’ spending on its social network during the coronavirus outbreak.
Yum China Holdings turns to catering and cooking kits to survive virus
The move comes in as customers shun eating out amid the coronavirus pandemic.
SoftBank’s OneWeb considers bankruptcy filing to address a cash crunch
The company is considering seeking court protection even as it continues to review possible out-of-court alternatives.
China’s Tencent profit disappointment spurs caution around pandemic
The company reported lower than anticipated net income of $3.1 billion in the December quarter.
Fidelity bets active investing, Asia to win after coronavirus rout
Fidelity sees 'increased use of fiscal measures' to manage the immediate impact of coronavirus.
Chasing $64 trillion opportunity, family offices make inroads in China
China so far lacks businesses that specialise in serving ultra-high-net-worth individuals.
