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WeWork I.P.O. Is Withdrawn as Investors Grow Wary

WeWork shelved its plans for an initial public offering on Monday, a startling retreat for a company that expanded rapidly in recent years as it sought to transform commercial real estate in the world’s biggest cities. The move is the clearest sign yet that investors are increasingly wary of ambitious …

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Recession fears grow as construction orders collapse amid Brexit uncertainty

The UK’s construction sector has shrunk for the fourth consecutive month, deepening fears the country could be heading for recession following dismal manufacturing data and an “incredibly disappointing” August for retailers. New construction orders fell at the fastest pace in more than a decade as uncertainty over Brexit deterred investment in building projects, …

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