Bloomberg Renren Inc. has cancelled a potential initial coin offering after Chinese regulators discouraged the Beijing-based social network from pursuing the plan, people familiar with the matter said. Regulators, which declared ICOs in China illegal, have held talks with Renren and other Chinese companies that sought to skirt the rules on such offerings, according to the people, who asked not ...

Bloomberg President Donald Trump told a group of farmers that recent tax cuts and deregulation will revitalise the US rural economy. Trump’s speech at the American Farm Bureau Federation’s annual conference in Nashville was his first policy address since Congress passed the $1.5 trillion tax overhaul. He said agricultural producers, businesses and workers will all benefit from the legislation, and ...

Bloomberg Aston Martin is targeting a valuation of as much as $6.8 billion in a potential initial public offering of the British sports car maker, according to people familiar with the matter. The manufacturer has held preliminary talks with advisers about a valuation including debt that would put it on par with Ferrari NV, said the people, who asked not ...