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WeWork sues China over trademark row

Bloomberg WeWork Cos. is escalating a legal fight against UrWork with a US lawsuit, accusing the rapidly expanding Chinese rival of infringing on its trademarks. The US startup, which has been valued at about $20 billion, filed a lawsuit against UrWork in New York, saying it copied parts of its name and logo. That follows a separate legal action taken ...

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They kill for a piece of Pakistan property pie

Bloomberg Perween Rahman was returning home one evening in March 2013 from her job as head of the Orangi Pilot Project, which for years has pushed land title claims for Karachi’s poor, when she was shot three times by a gunman. Rahman died as she was rushed to hospital by her friend and colleague Anwar Rashid. “He was a sharp ...

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‘Hong Kong, Shanghai property at risky level’

Bloomberg Asian property prices have reached risky levels, especially in Sydney, Hong Kong and Shanghai, according to S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis,” Elena Okorochenko, head of Asia-Pacific ratings said at a conference in Singapore on Wednesday. Combined with increased household debt, prices in Sydney, Hong Kong ...

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