Investors Global Markets Buzz 8.1.16

Investors Global Markets Buzz 8.1.16 Uber Technologies is giving up its costly battle for China’s riders, swapping its local operations there for a minority stake in the country’s homegrown champion. The new entity combines Didi Chuxing’s (Private:DIDI) most recent valuation of $28B and Uber China’s $7B for a $35B market capitalization. Didi will also make
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Investors Forex Market Buzz 8.1.16 This morning, the greenback is trading higher against most of the major currencies, ahead of the US ISM and Markit manufacturing PMI along with the construction spending data, slated to release in a few hours. The EUR is trading lower against the USD, after data indicated that activity in the
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