Latest News on private equities market

Coronavirus outbreak poses risk to U.S. Fed's economic outlook

The outbreak of a new virus that originated in the central-Chinese city of Wuhan is likely to slow China's economic growth at least in the near term and could hurt its trading partners around the world.



5 years ago

ADM fourth-quarter profit beats estimates on biodiesel, consumer trends

U.S. grains trader Archer Daniels Midland Co's fourth quarter profit topped Wall Street expectations on Wednesday, driven by its nutrition business and refined products unit, which includes biodiesel and food oils.



5 years ago

U.S. Commerce secretary expects quick passage of USMCA by Canadian parliament

U.S. Commerce Secretary Wilbur Ross on Wednesday said he expected the Canadian parliament to approve a new North American trade agreement very quickly, paving the way for the trade pact to take effect soon.



5 years ago

Microsoft cloud revenue reaccelerates, sending profit above Street estimates

Microsoft Corp on Wednesday reported fiscal second-quarter sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit.



5 years ago

Fed has a role in combating climate change risk, Powell says

While the overall U.S. response to climate change is up to elected officials, Federal Reserve Chair Jerome Powell said on Wednesday, the Fed can play a part in keeping global warming from destabilizing U.S. banks and financial markets.



5 years ago

Microsoft cloud revenue regains momentum, sending profit above Street estimates

Microsoft Corp on Wednesday reported quarterly sales and profit that beat Wall Street expectations, driven by the first acceleration of Azure cloud computing revenue growth in eight quarters amid a pitched battle with Amazon.com Inc’s cloud unit.



5 years ago

CalTech wins $1.1 billion jury verdict in patent case against Apple, Broadcom

The California Institute of Technology said on Wednesday that it won a $1.1 billion jury verdict in a patent case against Apple and Broadcom .



5 years ago

British car production falls at quickest pace since recession

British car output dropped last year at the fastest rate since the 2008-9 recession, hit by slumping exports and diesel demand, as an industry body called for an ambitious post-Brexit trade deal to protect the sector.



5 years ago

Trading liquidity tops FX market's concerns in 2020: survey

The ability to buy and sell foreign exchange whenever needed with minimal market impact is seen by currency traders as the biggest challenge for 2020, according to an annual client survey by JP Morgan published on Thursday.



5 years ago

Samsung Electronics fourth-quarter operating profit falls 34%, dogged by chip market downturn

Samsung Electronics Co Ltd said on Thursday its operating profit fell 34% in the October-December quarter, in line with its estimate earlier this month, as the South Korean conglomerate battled a downturn in the memory chip market.



5 years ago

Japan Display shares suspended after fresh report of Ichigo stake

The Tokyo Stock Exchange on Thursday suspended trading in shares of Japan Display Inc after the Nikkei business daily reported that Ichigo Asset Management would inject about 100 billion yen ($900 million) into the company.



5 years ago

UPS inks electric van deal with Arrival, to test Waymo automation

United Parcel Service Inc said on Wednesday it was ordering 10,000 electric delivery trucks from UK-based Arrival Ltd and teaming with self-driving startup Waymo as package carriers work to cut costs and tailpipe pollution.



5 years ago

Virus anxiety weighs on Asian stocks, boosts safe-haven bid

Asian stocks slipped while gold and bonds were in demand on Thursday as worries about the spread of a new virus from China sent investors heading for safety.



5 years ago

Samsung Electronics sees gradual chip rebound in 2020 after fourth-quarter profit plunge

Samsung Electronics Co Ltd said on Thursday it expects earnings to bounce back in 2020 after a fourth-quarter slump, helped by a gradual recovery in memory chip demand from data center customers and 5G smartphone makers.



5 years ago

Facebook warns revenue growth slowing, costs remain high

Facebook Inc said on Wednesday that growth would continue to slow as its business matured and reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off.



5 years ago