03:13 PM EDT, 09/06/2024 (MT Newswires) -- Avangrid ( AGR ) said Friday it was selected by Massachusetts to provide offshore wind power under a 791-megawatt power supply contract. The deal involves the company's New England Wind 1 project, which it said is designed to provide electricity to about 400,000 homes and reduce greenhouse gas emissions equivalent to taking 300,000...

Who needs people to discover your e-commerce goods when those goods can discover people? That's the business model being peddled by cross-border e-commerce company Xiamen Jihong Technology Co. Ltd. (002803.SZ), which hopes to soon peddle its stock to international investors with a Hong Kong IPO. The company filed a second listing application to the Hong Kong Stock Exchange late last month, after...

03:17 PM EDT, 09/06/2024 (MT Newswires) -- Newcore Gold ( NCAUF ) was at last look down 6.5% on Friday as it amended the terms of its non-brokered private placement financing to raise up to $5.5 million -- increased from $5 million -- through an offering of up to 18.966 million units at $0.29 per unit. A statement noted each...

In May 2019, Uber raised $8.1 billion in its IPO by selling 180 million shares at $45 each.  The company pursued a growth-at-any-cost strategy, focusing on expansion rather than profitability.   This business model came under scrutiny when Uber reported a $5 billion loss for Q2 2019 and a slowdown in revenue growth. Soon after the IPO, Uber was accused of...