Latest News on private equities market

Japan's Asahi says Korean boycott cost it 3 billion yen last year

Japan's Asahi says Korean boycott cost it 3 billion yen last year

Japanese beer and beverage maker Asahi Group Holdings said a South Korean consumer boycott of Japanese goods cost it around 3 billion yen ($27.32 million) last year.



6 years ago
Akzo Nobel targets rival-beating growth

Akzo Nobel targets rival-beating growth

Dutch paints and coatings maker Akzo Nobel aims to outpace its competitors' revenue growth in the coming years while lifting profitability, it said on Thursday.



6 years ago
Steel becomes new problem child as Thyssenkrupp posts profit drop

Steel becomes new problem child as Thyssenkrupp posts profit drop

Thyssenkrupp's steel division swung to a loss in the first quarter, raising doubts over Europe's second-biggest steelmaker, the conglomerate's core following its planned sale of its elevator business.



6 years ago
Barclays CEO probed over Epstein ties, overshadowing profit gains

Barclays CEO probed over Epstein ties, overshadowing profit gains

Britain's financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said on Thursday.



6 years ago
Airbus targets operating profit gain in 2020, after bribery settlement net loss

Airbus targets operating profit gain in 2020, after bribery settlement net loss

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
Thyssenkrupp's first-quarter profit drops as steel becomes new problem child

Thyssenkrupp's first-quarter profit drops as steel becomes new problem child

Thyssenkrupp posted a 77% drop in adjusted operating profit in the first quarter, blaming a weak automotive market while its steel division, part of the group's core following a planned divestment of its elevator business, swung to a loss.



6 years ago
Credit Suisse posts best profit since 2010 in Thiam swan song

Credit Suisse posts best profit since 2010 in Thiam swan song

Credit Suisse posted a 69% rise in annual net profit on Thursday in a bittersweet swan song for outgoing Chief Executive Tidjane Thiam.



6 years ago
Nestle expects growth this year after solid 2019

Nestle expects growth this year after solid 2019

Food giant Nestle expects a continued increase in organic sales growth this year after it hit a four-year high at 3.5% and profitability improved in 2019, helped by cost cuts and a focus on fast-growing businesses.



6 years ago
Airbus to buy rest of Bombardier stake in A220 passenger jet program

Airbus to buy rest of Bombardier stake in A220 passenger jet program

European planemaker Airbus has reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier in the A220 passenger jet program, it said on Thursday.



6 years ago
Oil prices mixed as demand concerns outweigh output cut expectations

Oil prices mixed as demand concerns outweigh output cut expectations

Oil prices were mixed on Thursday as concerns about falling demand caused by travel restrictions tied to the coronavirus outbreak in China, the world's biggest oil importer, outweighed expectations of supply cuts from major producers.



6 years ago
NCFA and KABN Systems North America  enter multi-year exclusive partnership to promote Digital Identity in Canada

NCFA and KABN Systems North America enter multi-year exclusive partnership to promote Digital Identity in Canada

NCFA - KABN Release | Feb 13, 2020 Digital Identity program to be launched at 20: RISE TORONTO, ON (February 13, 2020):  The National Crowdfunding & Fintech Association of Canada (NCFA) and KABN Systems North America Inc. (KABN NA) announced today they have formed a collaborative partnership to promote Digital Identity management and usage in

6 years ago
Those annoying required withdrawals from your IRAs just got changed

Those annoying required withdrawals from your IRAs just got changed

The recently passed Secure Act, as well as updated life expectancy tables proposed by the IRS, would change how you calculate those pesky RMDs.

6 years ago
Prosecutors challenge antitrust approval of Boeing-Embraer tie-up

Prosecutors challenge antitrust approval of Boeing-Embraer tie-up

Brazilian prosecutors have filed an appeal with antitrust agency Cade asking the regulator to reconsider its approval of a deal selling control of Embraer SA's commercial aviation division to Boeing Co , according to public filings.



6 years ago
Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices stabilize, set for weekly gain on hopes for supply cut

Oil prices were steady on Friday, but set for their first weekly gain in six weeks on the assumption that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic.



6 years ago
Tesla to recall 3,183 Model X vehicles in China: market regulator

Tesla to recall 3,183 Model X vehicles in China: market regulator

Tesla Inc will recall 3,183 Model X vehicles in China, because of a potential issue that could make steering harder and increase the risk of a crash, according to the country's market regulator.



6 years ago