Sunday, August 2, 2020

Sources: Apple told some landlords of UK stores it wants rent reduction of up to 50% and a rent-free period, offering to extend leases by a few years in return (Sam Chambers/The Sunday Times)

Sam Chambers / The Sunday Times:
Sources: Apple told some landlords of UK stores it wants rent reduction of up to 50% and a rent-free period, offering to extend leases by a few years in return  —  Apple is pushing for huge rent reductions across its UK stores despite its sales soaring to new heights during the lockdown.



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Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after raising ~$727M, the latest Hong Kong AI IPO (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg : Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after ...