Latest News on private equities market

Qualcomm to ask appeals court for vindication in FTC antitrust case

Qualcomm to ask appeals court for vindication in FTC antitrust case

Qualcomm Inc on Thursday will urge a U.S. appeals court to reverse a ruling that it abused its position as a giant of the semiconductor industry and overcharged smartphone makers for access to its patented technology.



6 years ago
Tesla seeks to raise $2 billion through stock offering

Tesla seeks to raise $2 billion through stock offering

Tesla Inc said on Thursday it plans to raise $2 billion by selling shares through a public offering.



6 years ago
Jump in coronavirus cases yanks stocks rally into reverse

Jump in coronavirus cases yanks stocks rally into reverse

A sharp rise in the number of coronavirus deaths and infections unnerved world markets on Thursday, as traders halted the rally in stocks and retreated to the safety of government bonds and gold.



6 years ago
Nine ways you can cut your 2019 tax bill

Nine ways you can cut your 2019 tax bill

Sometimes the simplest tax-planning techniques are the most effective. You still have close to two months to get your act together and cut your 2019 taxes.

6 years ago
Ousted Credit Suisse CEO Thiam to collect up to $30 million: sources

Ousted Credit Suisse CEO Thiam to collect up to $30 million: sources

Credit Suisse Chief Executive Tidjane Thiam, ousted over a spying scandal, stands to collect as much as 30 million Swiss francs ($30 million) after resigning this month, two people familiar with the matter said.



6 years ago
Apple to reopen some stores in Beijing on February 14: website

Apple to reopen some stores in Beijing on February 14: website

Apple will reopen some stores in Beijing from Feb. 14 with reduced opening hours, it said on its website, while many of its other stores in mainland China will remain shut as the country continues to battle a coronavirus outbreak.



6 years ago
Kraft Heinz takes $666 million charge, misses sales expectations

Kraft Heinz takes $666 million charge, misses sales expectations

Kraft Heinz Co on Thursday missed quarterly sales estimates due to lower demand for products like bacon and cheese, and wrote down the value of some businesses - including coffee brand Maxwell House - by $666 million.



6 years ago
Improving Nestle reins in growth ambitions

Improving Nestle reins in growth ambitions

Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years and improved profitability.



6 years ago
Elevator sale in focus in competitive process: Thyssenkrupp CFO

Elevator sale in focus in competitive process: Thyssenkrupp CFO

A sale of Thyssenkrupp's elevator division is currently in focus, the group's finance chief said on Thursday, adding an ongoing auction was "very competitive".



6 years ago
Turkey's Atlasglobal suspends flight operations: news websites

Turkey's Atlasglobal suspends flight operations: news websites

Turkish airline Atlasglobal has decided to suspend all its operations and told its personnel not to come to work on Thursday, the aviation sector news website AirportHaber and other media reported.



6 years ago
Hong Kong banks compare pandemic stress test with epidemic reality

Hong Kong banks compare pandemic stress test with epidemic reality

Last October, nearly four dozen banks in Hong Kong confronted a nightmare "stress test" scenario: a pandemic that swept through the city, followed by a major cyberattack and a telecoms breakdown.



6 years ago
Airbus pledges profit gain after bribery settlement hit

Airbus pledges profit gain after bribery settlement hit

Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year.



6 years ago
Mad cow fright keeps EU cautious on food rules

Mad cow fright keeps EU cautious on food rules

The specter of the 1990s BSE crisis means the European Union is likely to reject U.S. demands it ease strict food safety rules, even with President Donald Trump threatening car tariffs if EU countries do not start importing more U.S. farm products.



6 years ago
Factbox: Nestle CEO Schneider's top deals

Factbox: Nestle CEO Schneider's top deals

Nestle Chief Executive Mark Schneider has made great strides in positioning the world's largest food company for the future with his aggressive deal-making since taking over in January 2017.



6 years ago
Nestle pushes back growth target after solid 2019

Nestle pushes back growth target after solid 2019

Food giant Nestle expects growth to accelerate over the next two years toward its mid-single digit organic growth target, initially set for 2020, after it hit a four-year high at 3.5% and profitability improved in 2019.



6 years ago