Latest News on private equities market

Visa quarterly revenue misses, expenses rise

Visa quarterly revenue misses, expenses rise

Visa Inc missed analysts' estimates for revenue and posted a 14% rise in operating expenses for the first quarter on Thursday, sending its shares down nearly 2%.



6 years ago
Global stocks, oil tumble on fears virus to hurt China's economy

Global stocks, oil tumble on fears virus to hurt China's economy

Global equity markets tumbled on Thursday as the death toll from China's coronavirus outbreak hit 170, pummeling oil prices and inverting a closely watched bond as investors worried about the world's second-largest economy.



6 years ago
UBS Europe probed in Italy in asset manager fraud investigation: sources

UBS Europe probed in Italy in asset manager fraud investigation: sources

Italian prosecutors have investigated UBS Europe for possible money laundering and obstructing the work of regulators as part of a fraud inquiry into small asset manager Sofia SGR, two sources with direct knowledge of the matter said.



6 years ago
Renault chairman says alliance with Nissan strong, shares sense of urgency

Renault chairman says alliance with Nissan strong, shares sense of urgency

The alliance between France's Renault SA and Japan's Nissan Motor Co remains strong, but its members share a sense of urgency, the alliance's chairman said on Thursday.



6 years ago
Turnaround costs push Deutsche Bank to bigger than expected loss

Turnaround costs push Deutsche Bank to bigger than expected loss

Deutsche Bank plunged to a bigger than expected loss of 5.7 billion euros ($6.3 billion) last year, its fifth in a row, as the cost of its latest turnaround attempt hit earnings.



6 years ago
Coca Cola reports fourth quarter revenue beat, targets 5% 2020 growth

Coca Cola reports fourth quarter revenue beat, targets 5% 2020 growth

Coca-Cola Co on Thursday reported better-than-expected quarterly sales driven by demand for its sparkling soft drinks, teas and coffees in North America and emerging markets.



6 years ago
Jaguar Land Rover boss to step down in September

Jaguar Land Rover boss to step down in September

The boss of Jaguar Land Rover (JLR) will step down from his role at the end of his contract term in September as Britain's biggest carmaker shows signs of improvement after a torrid 2019 of job cuts, deep losses and falling sales.



6 years ago
JLR parent Tata Motors posts quarterly profit

JLR parent Tata Motors posts quarterly profit

India's Tata Motors Ltd reported a quarterly profit on Thursday, compared with a year-earlier loss, as the maker of British luxury car brands Jaguar and Land Rover kept a tight lid on costs.



6 years ago
JLR parent Tata Motors posts third-quarter profit above estimates

JLR parent Tata Motors posts third-quarter profit above estimates

India's Tata Motors Ltd on Thursday beat market expectation for quarterly profit, as sales for the maker of British luxury car brand Jaguar and Land Rover rose in China and it kept a tight lid on costs.



6 years ago
Global stocks tumble over China epidemic worries

Global stocks tumble over China epidemic worries

Stocks across the world tumbled on Thursday as the death toll from a virus spreading in China reached 170, forcing airlines to cut flights and stores to close as the potential economic hit from the outbreak came into focus.



6 years ago
Policymakers fret over risk to global growth from China virus outbreak

Policymakers fret over risk to global growth from China virus outbreak

A rapidly spreading virus outbreak in China is emerging as a potentially major new risk to the global economy and leaving policymakers, still grappling with the impact of the Sino-U.S. trade war, fretting over the widening fallout.



6 years ago
Oil falls on spread of Wuhan virus, U.S. oil-stocks build

Oil falls on spread of Wuhan virus, U.S. oil-stocks build

Oil prices fell on Thursday as alarm spread over the economic impact of the Wuhan virus in China, while a bigger-than-expected increase in U.S. crude stocks added to the negative tone.



6 years ago
Frankfurt out of running for German auto show from 2021

Frankfurt out of running for German auto show from 2021

Frankfurt will no longer host the German auto show from 2021 after almost 70 years as the home of the annual exhibition of the industry's latest innovations, the VDA auto association said late on Wednesday.



6 years ago
Fears of pandemic send stocks lower, safe havens in demand

Fears of pandemic send stocks lower, safe havens in demand

Asian stocks and currencies tumbled further on Thursday, as the rising death toll from a virus spreading from China led airlines to cut flights and stores to close, increasing pressure on the world's second-largest economy as fears of a pandemic grow.



6 years ago
Sweden's AB Volvo plans big shareholder payout as profit beats

Sweden's AB Volvo plans big shareholder payout as profit beats

Swedish truck maker AB Volvo reported a smaller than expected fall in fourth-quarter earnings in the face of slowing demand and announced plans on Thursday for a payout to shareholders that exceeded market expectations.



6 years ago