Bloomberg Niu, the Chinese company that sells so-called smart electric scooters in 27 countries, is pursuing an initial public offering that could raise about $300 million, people with knowledge of the matter said. The startup, founded in 2014, is working with advisers on the potential IPO, said the people, who asked not to be identified because the information is private. ...

Bloomberg It took a mere decade for airborne web surfing to shift from novelty offering to essential airline service. Yet for Gogo Inc., the largest provider in the field, selling an amenity that almost everyone wants has oddly become a business that stinks. The company operates two units, one focussed on business aviation and the other on commercial airlines. The ...

Bloomberg In the high-stakes drama of soured loans and failed investment banking ambitions that is European finance, Sergio Ermotti has a problem others would love to have: His UBS Group AG is starting to look a little dull. Seven years after a sweeping revamp of the bank, whose tilt toward wealth management became a blueprint for rivals, the chief executive ...