Latest News on private equities market

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
Atlantia shares rise on hopes for truce with Italian government

Atlantia shares rise on hopes for truce with Italian government

Atlantia shares gained more than 6% on Tuesday as comments from a minister rekindled hopes that the infrastructure group could reach a compromise with the government over its lucrative motorway concession.



6 years ago
Huawei snatched market share from Apple, local rivals in China in 2019

Huawei snatched market share from Apple, local rivals in China in 2019

Top Chinese smartphone maker Huawei Technologies Co Ltd thrived in 2019 at the expense of smaller Chinese rivals and Apple even as the smartphone market shrank further and consumers favored phones with 5G technology, data shows.



6 years ago
Pfizer profit misses estimates, revenue declines as Lyrica sales tumble

Pfizer profit misses estimates, revenue declines as Lyrica sales tumble

Pfizer Inc on Tuesday reported lower-than-expected quarterly profit and a decline in revenue as sales of its off-patent pain treatment Lyrica more than halved, sending its shares down more than 3%.



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

Renault turns to VW's De Meo as carmaker 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 carmaker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up.



6 years ago
UK's Johnson tells Trump on Huawei that collaboration is needed to diversify market

UK's Johnson tells Trump on Huawei that collaboration is needed to diversify market

Prime Minister Boris Johnson told President Trump on Tuesday that countries should work together to break the dominance of a small number of companies after Britain granted Chinese firm Huawei [HWT.UL] a limited role in its 5G mobile network.



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
Wall Street rebounds as Apple surges ahead of earnings

Wall Street rebounds as Apple surges ahead of earnings

The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak.



6 years ago
Centerview lures top French dealmakers to its new Paris hub: sources

Centerview lures top French dealmakers to its new Paris hub: sources

U.S. boutique investment bank Centerview has found an office in the heart of Paris and is hiring senior bankers to establish a second European hub as Brexit looms, three sources told Reuters.



6 years ago
Trump, Britain's Johnson discussed 'telecommunications' after Huawei decision: White House

Trump, Britain's Johnson discussed 'telecommunications' after Huawei decision: White House

U.S. President Donald Trump and Britain's Prime Minister Boris Johnson "discussed critical regional and bilateral issues, including telecommunications security" in a conversation on Tuesday, White House spokesman Judd Deere said in a statement.



6 years ago
United Airlines suspends some U.S. flights to China as demand drops over virus fears

United Airlines suspends some U.S. flights to China as demand drops over virus fears

United Airlines Holdings Inc said on Tuesday it was suspending some flights between the United States and Beijing, Hong Kong and Shanghai between Feb. 1 and Feb. 8 due to a "significant decline in demand" as the new coronavirus spreads.



6 years ago
Freeport CEO 'looking forward' to deals once expansion projects done

Freeport CEO 'looking forward' to deals once expansion projects done

Freeport-McMoran Inc , the world's largest publicly traded copper producer, would consider acquisitions, mergers or other deals once three ongoing expansion projects finish by 2022, Chief Executive Richard Adkerson said in an interview on Tuesday.



6 years ago
Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and forecast 2020 revenue above analysts' estimates, as the Pentagon's No.1 weapons supplier benefited from heightened geopolitical tensions in the Middle East.



6 years ago
Thousands of dollars could be draining out of your account when you make these common investing mistakes

Thousands of dollars could be draining out of your account when you make these common investing mistakes

From fees and when to invest to the best way to invest in a target-date fund, people make a lot of mistakes when it comes to investing. Expensive mistakes.

6 years ago
Wall Street set to recover after turbulent Monday

Wall Street set to recover after turbulent Monday

U.S. stock indexes were on track to recover on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on fears that a coronavirus outbreak could hit global economic growth.



6 years ago