Latest News on private equities market

Honda may keep Wuhan plants closed longer due to outbreak: Nikkei

Honda may keep Wuhan plants closed longer due to outbreak: Nikkei

Honda Motor Co is considering keeping operations suspended for longer than planned at its three plants in the Chinese city at the center of the new coronavirus outbreak, the Nikkei newspaper reported on Thursday.



6 years ago
Drugmaker Sanofi expects further profit growth from narrowed focus

Drugmaker Sanofi expects further profit growth from narrowed focus

French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up to narrow its focus on blockbuster treatments including eczema medicine Dupixent.



6 years ago
Stocks gain as China cuts tariffs, investors look beyond virus

Stocks gain as China cuts tariffs, investors look beyond virus

Stock markets across the world gained on Thursday, helped by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods as investors bet that the global economy would avoid long-term damage from the coronavirus.



6 years ago
Payments in high-value deals not a bribe, says Mahathir when asked about AirAsia probe

Payments in high-value deals not a bribe, says Mahathir when asked about AirAsia probe

Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.



6 years ago
Mitsubishi postpones SpaceJet delivery again, books $4.5 billion special loss

Mitsubishi postpones SpaceJet delivery again, books $4.5 billion special loss

Japan's Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen ($4.5 billion) special loss after its aircraft unit delayed the delivery of its SpaceJet regional jet for at least another year until after March 2021.



6 years ago
Huawei launches legal action against Verizon alleging unauthorized patent use

Huawei launches legal action against Verizon alleging unauthorized patent use

China's Huawei Technologies Co Ltd has launched legal action against Verizon Communications Inc , alleging the U.S. carrier used 12 of its patents without authorization.



6 years ago
Do you want to save on your 2019 taxes? Then grab these last-minute opportunities

Do you want to save on your 2019 taxes? Then grab these last-minute opportunities

We're in the early weeks of tax season, but if you're willing to do a little legwork, you can still trim your 2019 tax bill. Here's where to look.

6 years ago
Qualcomm forecasts current-quarter revenue above estimates

Qualcomm forecasts current-quarter revenue above estimates

Qualcomm Inc forecast second-quarter revenue largely above Wall Street estimates on Wednesday, in the latest sign that a protracted slowdown in the global chip industry has bottomed out.



6 years ago
With lipsticks, Hermes branches into competitive cosmetics world

With lipsticks, Hermes branches into competitive cosmetics world

France's Hermes said on Wednesday it would start selling make-up from March, as the brand best known for its pricey Birkin handbags branches into a competitive beauty industry where its luxury rivals include Chanel.



6 years ago
Exclusive: HSBC to axe senior managers in strategy shift - sources

Exclusive: HSBC to axe senior managers in strategy shift - sources

HSBC is set to unveil a new round of job cuts targeting senior international managers and reduce its presence in some smaller markets as part of a wider strategy overhaul, people with knowledge of the matter told Reuters.



6 years ago
Stimulus hope, virus containment steps fuel renewed equity surge

Stimulus hope, virus containment steps fuel renewed equity surge

Expectations of more central bank stimulus lifted world stocks to their highest in more than a week on Wednesday, helping investors look past a mounting coronavirus death toll and policymakers' concerns for the disease's economic impact.



6 years ago
Qatar Airways in talks to buy 49% RwandAir stake, interested in increasing LATAM investment

Qatar Airways in talks to buy 49% RwandAir stake, interested in increasing LATAM investment

Qatar Airways is in talks to buy a 49% stake in Africa's RwandAir, and is interested in doubling its holding in LATAM Airlines Group to 20%, its chief executive said on Wednesday.



6 years ago
Siemens hit by industrial slowdown and energy problems

Siemens hit by industrial slowdown and energy problems

German engineering company Siemens , hit by a global slowdown in power and gas and among industrial customers, said on Wednesday it missed forecasts for first-quarter sales and profit in what its chief executive called a "slow start to the year".



6 years ago
Trump touts stock market's record run, but who benefits?

Trump touts stock market's record run, but who benefits?

Donald Trump loves to trumpet the hot U.S. stock market as a key achievement of his presidency, and he was in full self-congratulatory mode on that front during Tuesday night's State of the Union address.



6 years ago
China's Zhejiang to prioritize restarts at key exporters, manufacturers after virus lockdown

China's Zhejiang to prioritize restarts at key exporters, manufacturers after virus lockdown

China's eastern province of Zhejiang, the second worst-hit by the coronavirus epidemic, will push major exporters, listed companies and key manufacturers to be the first to return to work after the extended Lunar New Year holiday.



6 years ago