Citigroup Applies for China Securities License 
 

The Wall Street bank joins JPMorgan, Goldman Sachs and others in seeking a deeper foothold in the country.

 
Lyft Poaches Amazon Executive to Lead Its Finances 
 

Lyft poached an Amazon executive to become its next finance chief, a change in the ride-hailing firm's C-suite that comes shortly after the company reached an important profitability milestone.

 
Musk's Tesla Share-Selling Spree Tops $10 Billion 
 

Elon Musk has now unloaded more than $10 billion in Tesla stock as the billionaire's share-selling spree involving his holdings in the electric-vehicle maker stretched into a second month.

 
Google Delays Required Office Return for Employees 
 

The tech company will wait until next year to decide when its office-return plan will take effect, encouraging staff to come in as conditions allow.

 
Didi to Delist From U.S., Seek Shift to Hong Kong 
 

Didi Global plans to delist its shares in the U.S. and pursue a listing in Hong Kong, a dramatic reversal just months after the Chinese ride-hailing group's ill-fated initial public offering in New York.

 
Chinese Developer Kaisa Fails to Pull Off Bond Swap 
 

Chinese property developer Kaisa Group failed to persuade bondholders to agree to a $400 million debt swap and warned it might not be able to repay creditors when the bonds it was trying to exchange mature next week.

 
FTC Challenges Nvidia's Deal for Arm Holdings 
 

The Federal Trade Commission sues to block the U.S. chip supplier's proposed takeover of the chip-design specialist, arguing the deal is anticompetitive.

 
Grab Shares Tumble in Trading Debut After Blockbuster SPAC Deal 
 

Shares of the Singapore ride-hailing and delivery company shares lost more than one-fifth of their value on their first day of trading in New York.

 
BuzzFeed Suffers Wave of SPAC Investor Withdrawals Before Going Public 
 

Digital-media outlet is raising about $16 million in its public listing, and is raising $150 million in convertible debt.

 
Ulta Beauty stock rallies after Q3 beat shows 'resiliency' of beauty industry 
 

Ulta Beauty Inc. stock rises 5% Thursday after the specialty retailer reported sales and profit well above Wall Street expectations and raised its guidance for the year, saying the results showed the "strength and resiliency of the beauty category."

(END) Dow Jones Newswires

December 03, 2021 03:15 ET (08:15 GMT)

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