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Hong Kong’s IPO quirks undermine its New York fightback

Hong Kong’s move to allow dual-class shares should attract a wave of listings by Chinese technology companies. It won’t be enough for the city to challenge New York as the global hub for new-economy fundraising. Despite a year of hot flotations that included firms backed by Tencent Holdings Ltd. and Alibaba Group Holding Ltd., Hong Kong is close to being ...

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Whirlpool has Washington in a spin cycle

A household appliance will be the next steppingstone on America’s path to restored greatness. The government is poised to punish many Americans, in the name of protecting a few of them, because, in the government’s opinion, too many of them are choosing to buy foreign-made washing machines for no better reason than that the buyers think they are better. If ...

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Bombardier shifts focus from C Series to business jet

Bloomberg Bombardier Inc. predicted that growth in its corporate-jet unit will help offset lost revenue from handing the keys of its marquee commercial-aircraft programme to Airbus SE. Business-aircraft revenue could increase 70 percent in the next three years, Bombardier said in statement. Overall sales are expected to rise to $20 billion in 2020, down from a previous forecast of $25 ...

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