Latest News on private equities market

Julius Baer to cut 300 jobs after 2019 profit drop

Julius Baer will cut 300 jobs this year, its chief executive said on Monday, as the Swiss wealth manager looks to boost profitability after a double-digit percentage earnings fall during 2019.



5 years ago

Panasonic posts higher profit on cost cuts, improved battery business with Tesla

Panasonic Corp on Monday reported a 3% rise in third-quarter operating profit, beating analyst estimates, aided by cost cuts and an improvement at the joint battery business with Tesla Inc .



5 years ago

Coronavirus tips jet fuel margins into biggest monthly fall in over a decade

The suspension of flights to China by global airlines due to the coronavirus epidemic resulted in Asian refining margins for jet fuel in January showing their biggest monthly decline in a more than a decade.



5 years ago

Ryanair says MAX woes could delay growth plans by up to two years

Ryanair may have to push back its long-term target of flying 200 million passengers per year by as much as two years due to delays in the delivery of Boeing's 737 MAX jet, Europe's largest low-cost carrier said on Monday.



5 years ago

Siemens Healthineers first-quarter profit falls on higher diagnostic gear costs

Siemens Healthineers' operating income slipped 11% in the first quarter, despite higher revenue, as the German company sold less profitable imaging machines and incurred ramp-up costs for its new blood-testing machines.



5 years ago

Obituary: Bernard Ebbers, convicted of orchestrating WorldCom fraud, dead at 78

Bernard Ebbers, who built WorldCom Inc into a telecommunications giant and was convicted in one of the largest U.S. accounting scandals, died on Sunday, his family said in a statement. He was 78.



5 years ago

China to inject $174 billion of liquidity on February 3 as markets reopen

China's central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, as the country prepares to reopen its stock markets amid a new coronavirus outbreak.



5 years ago

Miners face funding squeeze as green investing surges

As global investors shift away from heavy industry in favor of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardizing projects.



5 years ago

Malaysia regulator to probe if AirAsia broke rules in Airbus deals

Malaysia's securities regulator said on Sunday it will examine whether AirAsia Group and unit AirAsia X broke securities laws, after UK prosecutors accused executives of receiving bribes from Airbus for buying planes.



5 years ago

Credit Suisse also spied on Greenpeace: newspaper

Credit Suisse , which has faced a scandal related to spying on senior executives, also conducted espionage against Greenpeace, Swiss newspaper SonntagsZeitung reported.



5 years ago

China to inject $174 billion of liquidity on Monday as markets reopen

China's central bank said it will inject 1.2 trillion yuan ($174 billion) worth of liquidity into the markets via reverse repo operations on Monday as its stock markets prepare to reopen amid an outbreak of a new coronavirus.



5 years ago

Honda plans to resume Wuhan plant production with Dongfeng on February 14

Japanese automaker Honda Motor Co plans to resume car production at its China venture with Dongfeng Automobile on Feb. 14, according to current government guidance, a company spokesman told Reuters on Sunday.



5 years ago

Is co-living the new Craigslist?

Less than the cost of living alone in many high-priced cities, communal housing is becoming more and more popular. This more affordable option has taken on a life of its own.

5 years ago

Gauging The Coronavirus Effect On Supply Chains — And The Last Mile

Pymts.com | Jan 30, 2020 Production supply chains are likely to feel the impact of the coronavirus as it spreads in China and spreads across borders. As China cuts off transportation access to and from cities like Wuhan, and dozens of airlines have canceled international flights to the country, the question of just how trade

5 years ago

Investors brace for ugly start to post-holiday trade in China

Investors are bracing for a potential plunge in Chinese markets on Monday when onshore trade in stocks, bonds, yuan and commodities resumes following the Lunar New Year break and a steep global selldown on fears about the spread of a new virus.



5 years ago