Latest News on private equities market

Goldman Sachs shares rise after bank gives higher financial targets at first-ever investor day

Goldman Sachs shares rise after bank gives higher financial targets at first-ever investor day

Goldman Sachs CEO David Solomon is raising the bar for the bank's medium-term financial targets.

6 years ago
Trump to sign North American trade pact at White House; key Democrats not invited

Trump to sign North American trade pact at White House; key Democrats not invited

U.S. President Donald Trump will sign a new North American trade agreement on Wednesday in an outdoor ceremony at the White House to be attended by about 400 guests - but not the key Democrats who helped secure congressional passage of the deal.



6 years ago
3M forecast 2020 profit below estimates on weak Asia demand

3M forecast 2020 profit below estimates on weak Asia demand

U.S. industrial giant 3M Co forecast 2020 profit below expectations and narrowly missed quarterly revenue estimates on Tuesday, as it faces sluggish demand in Asia, its largest market outside the United States, sending its shares down 2.4%.



6 years ago
Oil gains amid assessment of China virus impact, possible OPEC supply cuts

Oil gains amid assessment of China virus impact, possible OPEC supply cuts

Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day rout on talk that OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles also helped steady prices.



6 years ago
Foxconn says plans in place to meet production obligations after virus outbreak

Foxconn says plans in place to meet production obligations after virus outbreak

TAIPEI - Apple Inc supplier Foxconn said it could continue to meet all manufacturing obligations in the wake of a coronavirus outbreak in China even as the iPhone maker flagged uncertainty created by the disease.



6 years ago
Asian shares turn red as Hong Kong tumbles on China virus

Asian shares turn red as Hong Kong tumbles on China virus

Asian shares erased earlier gains on Wednesday, swinging into negative territory as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and fueled fears about the economic impact of the outbreak.



6 years ago
Cramer: Buyers after Monday's sharp stock market slide are 'coming in on quicksand here'

Cramer: Buyers after Monday's sharp stock market slide are 'coming in on quicksand here'

There are too many unknowns about the worsening coronavirus outbreak to start buying stocks after Monday's worst market slide since October, said CNBC's Jim Cramer.

6 years ago
JPMorgan plans to cut hundreds of jobs in consumer unit: Bloomberg

JPMorgan plans to cut hundreds of jobs in consumer unit: Bloomberg

U.S. bank JPMorgan Chase & Co is planning to cut hundreds of jobs across its consumer division, Bloomberg reported https://bloom.bg/2GsDvzw on Tuesday, citing people briefed on the matter.



6 years ago
Asian stocks rise as Apple drives tech gains, virus worries ease

Asian stocks rise as Apple drives tech gains, virus worries ease

Asian shares rose on Wednesday as better-than-expected Apple Inc earnings drove some regional tech gains although broader confidence was capped by worries about the economic impact of China's virus outbreak.



6 years ago
Renault turns to VW's De Meo as car maker seeks fresh start

Renault turns to VW's De Meo as car maker seeks fresh start

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the car maker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up.



6 years ago
Tim Hortons pulls Beyond Meat products from Ontario, British Columbia

Tim Hortons pulls Beyond Meat products from Ontario, British Columbia

Restaurant Brands International Inc's Tim Hortons said on Tuesday it has removed Beyond Meat Inc's products from its coffee and donut shops in the Canadian provinces of Ontario and British Columbia.



6 years ago
Oil rises as investors take stock of economic hit from virus

Oil rises as investors take stock of economic hit from virus

Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day fall on talk OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices.



6 years ago
'Flash crash' trader sentenced to time served plus a year of home confinement: lawyers

'Flash crash' trader sentenced to time served plus a year of home confinement: lawyers

A Chicago-based U.S. federal district court judge on Tuesday sentenced Navinder Sarao, a London-based trader accused of contributing to Wall Street's 2010 "flash crash", to time already served in jail of four months, with a year of home confinement, Sarao's attorneys said in a statement.



6 years ago
Proton-packed Geely takes on Honda and Toyota in Southeast Asia

Proton-packed Geely takes on Honda and Toyota in Southeast Asia

Li Chunrong was hired by Chinese automaker Geely to revive the fortunes of the Proton brand in Malaysia, and it took him two years to eclipse Japanese giants Honda and Toyota. Now he plans to take the fight across Southeast Asia and beyond.



6 years ago
Nissan says it plans to sell 1.6 million cars in China this year

Nissan says it plans to sell 1.6 million cars in China this year

Japanese carmaker Nissan Motor Co said on Wednesday it planned to sell about 1.6 million vehicles in China, the world’s biggest auto market.



6 years ago