Bloomberg

US corporates ditching the annual New Year outlook meeting?

Could the meetings industry, at least in the United States, be losing one of the fundamental set piece conferences traditional for investment banks and large corporates? It seems that year ahead outlook meetings in January by some of the big boys in banking and business appear to be cut back if not cut out completely, according to a Bloomberg report on 23 December. With some companies cancelling t...

WeWork losses revealed ahead of stock market float

WeWork, the international flexible office provider, has revealed large losses as it attempts to float on the stock market. Its co-working space provider parent holding, We Company, announced the financial news on 14 August, news that has been met with a storm of criticism, most notably on Twitter. Releasing its financial information ahead of an IP, WeWork reported a $1.9bn pre-tax loss for in 2018...