Latest News on private equities market

SoftBank stock surges to seven-month high after judge OKs Sprint-T-Mobile merger

SoftBank stock surges to seven-month high after judge OKs Sprint-T-Mobile merger

SoftBank Group Corp stock surged to its highest price in over half a year in Tokyo on Wednesday, after a U.S. federal judge rejected an antitrust challenge to the proposed takeover of subsidiary Sprint Corp by T-Mobile US Inc .



6 years ago
Boeing executive says tough to see air cargo growth this year due to virus

Boeing executive says tough to see air cargo growth this year due to virus

The air cargo market is unlikely to grow this year because of the challenges posed in the China market due to the coronavirus, a senior executive at Boeing Co said on Wednesday.



6 years ago
Samsung unveils compact foldable phone, 5G Galaxy S20 to fend off Apple, Huawei

Samsung unveils compact foldable phone, 5G Galaxy S20 to fend off Apple, Huawei

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.



6 years ago
FAA agrees it must boost safety oversight for Southwest Airlines

FAA agrees it must boost safety oversight for Southwest Airlines

The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department's Inspector General released on Tuesday.



6 years ago
America Movil posts 63% jump in fourth-quarter net profit

America Movil posts 63% jump in fourth-quarter net profit

America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year.



6 years ago
Stocks inch higher as new coronavirus cases fall

Stocks inch higher as new coronavirus cases fall

Asian shares and Wall Street futures nudged higher on Wednesday amid hopes the worst of the coronavirus in China may have passed, although prevailing uncertainty about the outbreak has kept investors wary.



6 years ago
Factbox: Big oil traders start investing in renewables

Factbox: Big oil traders start investing in renewables

The world's big oil trading firms are investing heavily in environmentally-friendly projects as they face increasing pressure from investors, governments, activists and financiers to find a sustainable business model.



6 years ago
From wind power to cow manure: oil traders seek new profit recipe

From wind power to cow manure: oil traders seek new profit recipe

The world's largest oil traders are pouring hundreds of millions of dollars into climate-friendly projects - including wind farms, cow manure plants and blue hydrogen - as they seek to match the profits they make from trading oil.



6 years ago
Oil prices rise as new virus cases slow, easing Chinese demand concerns

Oil prices rise as new virus cases slow, easing Chinese demand concerns

Oil prices rose for a second day on Wednesday amid preliminary signs that new coronavirus cases are slowing in China, easing concerns over the demand impact from the disease in the world's second-largest oil consumer.



6 years ago
Google takes on EU in court over record antitrust fines

Google takes on EU in court over record antitrust fines

Google will on Wednesday seek to overturn the first of three hefty European Union antitrust fines at Europe's second-highest court in a landmark case that could determine how EU enforcers take on U.S. tech giants for abuse of market power.



6 years ago
Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact and put 5G mobile network capabilities into all of its other flagship devices as it strives to retain the mantle of biggest global phone company.



6 years ago
U.S. FAA agrees it must boost safety oversight for Southwest Airlines

U.S. FAA agrees it must boost safety oversight for Southwest Airlines

The U.S. Federal Aviation Administration says it should have done a better job of ensuring Southwest Airlines Co had certified completion of maintenance on 88 used Boeing 737 jets, as noted in a report by the U.S. Transportation Department's Inspector General released on Tuesday.



6 years ago
Lyft forecasts slower growth in 2020, leaves target profit date unchanged

Lyft forecasts slower growth in 2020, leaves target profit date unchanged

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date of projected profitability.



6 years ago
Samsung unveils foldable Galaxy Z phone, Galaxy S with 5G

Samsung unveils foldable Galaxy Z phone, Galaxy S with 5G

Samsung Electronics on Tuesday unveiled a foldable smartphone shaped like a large makeup compact, its second try at a novel technology that the South Korean cell phone maker hopes will set it apart from rivals Apple Inc and Huawei.



6 years ago
Hyundai signs development deal with another electric vehicle startup

Hyundai signs development deal with another electric vehicle startup

Korean automaker Hyundai Motor Co broadened its future transportation portfolio with an agreement to jointly develop electric vehicles with California startup Canoo, the companies said on Tuesday.



6 years ago