The hyped Twitter “recovery” has derailed. The company’s second-quarter financial report showed that the number of people using Twitter has stagnated and will decline, although the company said that’s at least in part because of intentional decisions to clean up its cesspool. Revenue growth, particularly in Twitter Inc’s vital US advertising market, is tepid for what was billed as a ...

Did the global economy dodge an economic bullet? The US and the European Union agreed to step back from the brink of imposing mutually punishing tariffs. The agreement — if there really is one — contemplates a future agreement to resolve trade differences. Like Brexit, this is an unformed plan to somehow resolve thorny differences at an undetermined date in ...

China Tower Corp’s Hong Kong IPO looks like a pretty straightforward affair. The business is about as vanilla as it gets: The company builds and runs towers on which telecom operators hang their transmission equipment. It collects rent in return. No need to wrestle with GMV, MAU or ARPU. There’s a reason why fund managers and index compilers treat global ...