Is China falling out of love with its unicorns? The country is home to four of the world’s 10 most valuable startups, according to CB Insights. Its companies raised about $31 billion from venture capital in the second quarter, beating the US for the first time, Goldman Sachs Group Inc estimates. But the biggest of all, Didi Chuxing, is facing ...

Investors are treating the Japanese industrial giant Fanuc Corp. like a manufacturer of largely redundant machinery. That only makes sense if you have doubts about Apple Inc. and Toyota Motor Corp. Fanuc’s stock is down almost 40 percent from its January peak. Much of the decline reflects investor doubts about the smartphone, as one of the Japanese company’s biggest divisions ...

Patrick Drahi probably didn’t have much choice. The billionaire founder and president of Altice Europe NV plans to sell a stake in the high-speed fiber networks of the company’s French carrier, SFR. It’s one way for the highly levered firm to secure the cash it needs to fund the next generation of networks — and probably the best way at ...