Latest News on private equities market

Chinese electric vehicle maker BYD's profit slumps after subsidy cuts

Chinese electric vehicle maker BYD's profit slumps after subsidy cuts

Chinese electric vehicle maker BYD Co Ltd , reported on Tuesday a 42% drop in 2019 profit, saying cuts in government subsidies and emissions rules changes had hit demand in the sector.



6 years ago
Dash for emergency cash provokes fund industry backlash

Dash for emergency cash provokes fund industry backlash

As companies pull the emergency cash cord to help them through the coronavirus crisis, shareholders have been split by an easing of the rules to make it easier for them to turn to investors with the deepest pockets.



6 years ago
Why Brent oil won't follow U.S. WTI futures below zero

Why Brent oil won't follow U.S. WTI futures below zero

Brent oil futures are set for extreme volatility when the front-month June contract expires next week, but they will avoid the historic plunge below zero that U.S. peer WTI has suffered, traders and analysts said.



6 years ago
SoftBank shares attractive near-term as buyback eyed: UK's AVI

SoftBank shares attractive near-term as buyback eyed: UK's AVI

SoftBank Group's planned $22.5 billion share buyback presents an attractive buying opportunity but it is not a clear longterm investment, said a London-based investor that has built up a small stake.



6 years ago
Tech titans dominate U.S. stock market after surge

Tech titans dominate U.S. stock market after surge

Investors are once again crowding into a narrow range of technology and internet stocks, heightening concerns that the market's dramatic bounce from last month's lows is becoming increasingly vulnerable to sharp reversals as the coronavirus outbreak continues to batter the economy.



6 years ago
Senators from both U.S. parties press Fed for climate details

Senators from both U.S. parties press Fed for climate details

Senators from both major U.S. parties are pressing the Federal Reserve to say more about the role that climate considerations could play in its asset purchase programs, showing the new focus of investors on environmental considerations.



6 years ago
Exclusive: Trump pressed to halt federal pension investments in China's ZTE, Hikvision

Exclusive: Trump pressed to halt federal pension investments in China's ZTE, Hikvision

Lawmakers and former officials are making a last ditch push to persuade the Trump administration to halt plans to invest billions of federal employee retirement dollars in Chinese companies that Washington suspects of human rights abuses or threatening U.S. security, according to sources and documents seen by Reuters.



6 years ago
French court to issue verdict in Amazon case on April 24: judge

French court to issue verdict in Amazon case on April 24: judge

A verdict in a case involving U.S. e-commerce giant Amazon will be issued by the Court of Appeal in Versailles on April 24, a French judge said on Tuesday.



6 years ago
Primark owner AB Foods right not to pay dividend, says boss

Primark owner AB Foods right not to pay dividend, says boss

Primark owner Associated British Foods' decision not to pay an interim dividend to shareholders was "absolutely the right thing to do" given the coronavirus crisis, its boss said on Tuesday.



6 years ago
Primark owner scraps dividend, takes charge for surplus stock as coronavirus crisis hits

Primark owner scraps dividend, takes charge for surplus stock as coronavirus crisis hits

Primark owner Associated British Foods will not pay an interim dividend to save cash during the coronavirus crisis and has booked a 284 million pound ($352 million) charge to reflect an expected lower value of stock when its stores reopen.



6 years ago
Oil crash slams stocks, dollar gains as risk sentiment rolls over

Oil crash slams stocks, dollar gains as risk sentiment rolls over

Global stocks fell on Tuesday, a day after U.S. crude oil prices turned negative for the first time ever, as dismal corporate earnings underlined worries about economic damage from the coronavirus pandemic.



6 years ago
The half a trillion dollar British money transfusion that may not be enough

The half a trillion dollar British money transfusion that may not be enough

It took Lucio and Meera Santoro 35 years to build up their London design company and just a week to watch it fall apart.



6 years ago
Lululemon apologises after staffer offends with 'bat fried rice' T-shirt

Lululemon apologises after staffer offends with 'bat fried rice' T-shirt

Canadian exercise apparel brand Lululemon issued statements on Tuesday apologising for, and distancing itself from, a T-shirt design promoted by one of its art directors that triggered outrage and accusations of racism online.



6 years ago
If you left or lost your job, here is what you can do with your 401(k)

If you left or lost your job, here is what you can do with your 401(k)

There are a number of things to take into account when deciding if you should roll over your 401(k) from a former employer.

6 years ago
Oil at two-decade lows, price of U.S. crude for delivery below zero

Oil at two-decade lows, price of U.S. crude for delivery below zero

Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows on Tuesday, a day after U.S. May futures sank into negative territory for the first time in history as demand tumbled due to the coronavirus crisis.



6 years ago