Latest News on private equities market

UK grants Huawei a limited 5G role

UK grants Huawei a limited 5G role

Prime Minister Boris Johnson on Tuesday granted China's Huawei a limited role in Britain's future 5G mobile network, a choice that risks damaging relations with the United States which fears China could use the company to steal Western secrets.



6 years ago
Pfizer profit misses as breast cancer drug sales fall short of estimates

Pfizer profit misses as breast cancer drug sales fall short of estimates

Pfizer Inc posted a quarterly profit on Tuesday that came in below Wall Street estimates, as sales of breast cancer drug Ibrance fell short of expectations.



6 years ago
Blink and you missed it: the U.S. yield curve inverted again

Blink and you missed it: the U.S. yield curve inverted again

A closely watched bond market phenomenon has again flashed yellow, but investors are loathe to give it much weight.



6 years ago
McDonald's heats up breakfast war with new chicken sandwiches

McDonald's heats up breakfast war with new chicken sandwiches

McDonald's Corp will add chicken sandwiches to its breakfast menu at all of its U.S. restaurants, the world's largest burger chain said on Tuesday, to fend off competition from Chick-Fil-A and Popeyes Louisiana Kitchen .



6 years ago
Facebook, HSBC and others curb travel to China as warnings grow

Facebook, HSBC and others curb travel to China as warnings grow

Facebook Inc and other global companies including LG Electronics Inc and HSBC are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.



6 years ago
Xerox fourth-quarter revenue falls

Xerox fourth-quarter revenue falls

Xerox Holdings Corp , which is locked in a battle to take over HP Inc , posted a fall in quarterly revenue on Tuesday as more businesses digitized their paperwork, hurting demand for printers and photocopiers.



6 years ago
3M to cut 1,500 jobs, profit falls 28%

3M to cut 1,500 jobs, profit falls 28%

U.S. industrial giant 3M Co reported a 28% fall in quarterly profit on Tuesday due to restructuring and litigation charges and said it would cut 1,500 jobs globally as it looks to reduce costs.



6 years ago
Facebook VP of engineering Jay Parikh says leaving company

Facebook VP of engineering Jay Parikh says leaving company

Facebook's vice president of engineering, Jay Parikh, said in a post on the social network on Tuesday that he was planning to leave the company, marking the exit of another key executive following a string of high-profile departures last year.



6 years ago
Factbox: Return to Paris - De Meo set to take the wheel at Renault

Factbox: Return to Paris - De Meo set to take the wheel at Renault

Renault's board is expected to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive.



6 years ago
Blink and you miss it: The U.S. yield curve inverts again

Blink and you miss it: The U.S. yield curve inverts again

A closely watched bond market phenomenon has again flashed yellow, but investors are loathe to give it much weight.



6 years ago
Pfizer posts 9% fall in fourth-quarter revenue

Pfizer posts 9% fall in fourth-quarter revenue

Pfizer Inc reported a 9% drop in fourth-quarter revenue, hurt by intense competition for its pain treatment Lyrica that lost patent protection last year.



6 years ago
Oil rout extends to sixth day as China virus death toll rises

Oil rout extends to sixth day as China virus death toll rises

Oil futures were set for a sixth day of losses as the death toll from a virus in China rose, but the heavy sell-off of recent sessions was curbed by output outages in Libya and OPEC comments designed to calm demand fears.



6 years ago
Renault poised to name VW manager De Meo as CEO: sources

Renault poised to name VW manager De Meo as CEO: sources

Renault's board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, two sources familiar with the matter said.



6 years ago
Johnson's choice: Britain faces policy test over Huawei 5G role

Johnson's choice: Britain faces policy test over Huawei 5G role

Prime Minister Boris Johnson will decide if China's Huawei should have a role in Britain's future 5G mobile network on Tuesday, a choice that risks damaging relations with the United States or China on the eve of Brexit.



6 years ago
Goldman says staff with mainland China exposure should avoid office

Goldman says staff with mainland China exposure should avoid office

Goldman Sachs has instructed staff who have been in mainland China to work from home or be out of the office for 14 days since they were last there, according to an internal notice.



6 years ago