Adam Neumann

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Remote working in the pandemic drove WeWork’s losses sharply higher. File photograph: Reuters/Kate Munsch

WeWork’s losses almost quadrupled to $2.1 billion (€1.7 billion) in the first quarter of this year, as the co-working company haemorrhaged more than a(...)

WeWork is in discussions with BowX Acquisition Corp, a “blank cheque” company which raised $420m in August, according to people familiar with the matter and to the documents.

WeWork, which has co-working spaces around the world, including Dublin, lost $3.2 billion (€2.7 billion)last year as Covid-19 shut its co-working spac(...)

A WeWork logo is seen outside its offices in San Francisco. Photograph: REUTERS/Kate Munsch/File Photo

WeWork is on track to have positive cash flow in 2021, a year ahead of schedule, after it cut its workforce by more than 8,000 people, renegotiated le(...)

Revolut app logo. Revolut is a digital banking alternative that includes a pre-paid debit card, currency exchange, and peer-to-peer payments.

On a chilly Wednesday night earlier this spring, a hundred or so Dubliners gathered over pizza and cans of Brooklyn Lager at the top of The Academy, t(...)

Last week, SoftBank said it terminated the proposed tender offer for additional WeWork shares

WeWork’s owner, The We Company, has sued SoftBank Group, challenging its largest shareholder’s decision to terminate a $3 billion (€ 2.75 billion)tend(...)

SoftBank has pulled out of a planned $3 billion purchase of WeWork stock. Photograph: Kiyoshi Ota/Bloomberg

SoftBank has pulled out of a planned $3 billion purchase of WeWork stock, a move that is expected to spark litigation by the lossmaking property group(...)

SoftBank has warned it could withdraw from a $3 billion (€2.7 billion) purchase of shares in WeWork, the loss-making office space provider that it res(...)

Photograph: Kate Munsch/Reuters

Sandeep Mathrani, WeWork’s new chief executive, knows what it’s like to lead a company out of trouble. His former employer, General Growth Properties(...)

Noel and Valerie Moran walked away with a €266 million payout for Prepaid Financial Service. Photograph: Alan Betson

It was a year of extremes in the corporate world – financial reward and glory for some; the end of the road for others. And 2019 also saw a cast of fi(...)

Masayoshi Son, chairman and chief executive officer of SoftBank Group. Photograph: Kiyoshi Ota/Bloomberg

SoftBank Group’s talks to secure $3 billion (€2.7bn) from Japan’s three biggest banks have stalled as the lenders have hit internal lending limits to (...)

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