Latest News on private equities market

Qatar Airways swoops for RwandAir stake and eyes bigger LATAM holding

Qatar Airways swoops for RwandAir stake and eyes bigger LATAM holding

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
Analyst who downgraded red-hot Tesla: 'We're certainly not saying short this stock'

Analyst who downgraded red-hot Tesla: 'We're certainly not saying short this stock'

Canaccord Genuity's Jed Dorsheimer said Wednesday that Tesla fundamentals need to catch up to meteoric market run.

6 years ago
U.S. trade deficit narrows in 2019 for first time in six years

U.S. trade deficit narrows in 2019 for first time in six years

The U.S. trade deficit fell for the first time in six years in 2019 as the White House's trade war with China curbed the import bill, keeping the economy on a moderate growth path despite a slowdown in consumer spending and weak business investment.



6 years ago
Stocks rally on virus vaccine hopes, dollar gains

Stocks rally on virus vaccine hopes, dollar gains

The dollar gained and a gauge of global equity markets surged for a third day as expectations of more central bank stimulus and media reports that suggest scientists are closing in on a vaccine for the deadly coronavirus boosted sentiment.



6 years ago
Coty earnings top estimates, downplays coronavirus hit; shares surge

Coty earnings top estimates, downplays coronavirus hit; shares surge

Coty Inc reported quarterly profit above expectations on Wednesday and said the recent coronavirus outbreak would have a relatively small impact on its earnings, sending the cosmetics and fragrance maker's shares surging as much as 22%.



6 years ago
Brazil's BNDES raises $5.2 billion selling Petrobras stake: sources

Brazil's BNDES raises $5.2 billion selling Petrobras stake: sources

Brazil's development bank BNDES sold on Wednesday $5.2 billion in common shares it owned in state-controlled oil company Petroleo Brasileiro SA , two people with knowledge of the matter said.



6 years ago
Oil gains a second day as coronavirus optimism may mean demand rebound

Oil gains a second day as coronavirus optimism may mean demand rebound

Oil futures rose for a second day on Thursday as investors took optimism around unconfirmed reports of possible medical advances to combat the coronavirus outbreak in China as a sign fuel demand could rebound in the world's biggest oil importer.



6 years ago
Oil rises, extending gains amid optimism over China coronavirus

Oil rises, extending gains amid optimism over China coronavirus

Oil futures rose for a second day on Thursday amid investor optimism over unconfirmed reports of possible advances in combating the coronavirus outbreak in China as a sign fuel demand may rebound in the world's biggest oil importer.



6 years ago
Asian shares gain after solid U.S. data, China edges up

Asian shares gain after solid U.S. data, China edges up

Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, although investors kept a wary eye on the developments in the coronavirus outbreak.



6 years ago
Oil prices jump 4% following reports on coronavirus drug

Oil prices jump 4% following reports on coronavirus drug

Oil prices jumped 4% on Wednesday on media reports that scientists had developed a drug against the fast-spreading coronavirus, an outbreak that continues to weigh heavily on global economic activity and oil demand.



6 years ago
Wall Street rises on strong domestic data; Tesla limits Nasdaq's advance

Wall Street rises on strong domestic data; Tesla limits Nasdaq's advance

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data pointed to strength in the U.S. economy, but losses in Tesla shares pulled the Nasdaq off its record high.



6 years ago
Australia central bank looks to rid Visa, Mastercard of debit payments edge

Australia central bank looks to rid Visa, Mastercard of debit payments edge

Australian regulators will consider intervening to stop banks from automatically directing "tap-and-go" card payments through the world's largest payment processors Visa and Mastercard Inc. , the central bank said on Wednesday.



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
Yum China warns coronavirus outbreak to hit 2020 sales, profit

Yum China warns coronavirus outbreak to hit 2020 sales, profit

Yum China Holdings Inc said on Wednesday its 2020 sales and profit would take a hit, as the coronavirus outbreak has forced the fast food restaurant operator to temporarily shut more than 30% of its stores.



6 years ago
American Revolut-ion: European banking apps face crowded U.S. market

American Revolut-ion: European banking apps face crowded U.S. market

When London-based Revolut opens its virtual doors in America this year, it will be the latest European digital bank to challenge incumbent U.S. lending giants after forays by Monzo and N26, but the challenges it faces have not diminished.



6 years ago