Latest News on private equities market

Grab launches first cloud kitchen in Singapore amid GrabFood expansion

Tech In Asia | Miguel Cordon | Jan 8, 2020 Southeast Asian ride-hailing giant Grab has opened its first cloud kitchen in Singapore as part of the company’s 2020 expansion strategy for its food delivery service GrabFood. GrabKitchen offers merchant-partners a platform to introduce new food concepts and brands. In addition to offering a space

5 years ago

Stocks pinned near record highs ahead of U.S.-China trade deal

World stock markets were flat on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement.



5 years ago

Oil steady as U.S.-Iran conflict eases, trade deal details elusive

Oil prices dipped slightly on Monday as investors shift their focus away from easing Mideast tensions to this week's scheduled signing of an initial U.S.-China trade deal whose details remain to be seen.



5 years ago

U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters.



5 years ago

UK, U.S. and industry officials to meet before Huawei decision: Downing Street

Officials from the British and U.S. governments and the telecoms industry will meet on Monday, before Britain is due to take a decision on the possible use of Huawei [HWT.UL] equipment in future 5G mobile networks, Prime Minister Boris Johnson's spokesman said.



5 years ago

Stretched tech stocks leave some investors seeking off-ramp

As the bull market in U.S. stocks hits new highs, some investors are searching for ways to pare their exposure to the small group of technology and communications stocks that has fueled market gains for years. 



5 years ago

India orders antitrust probe against Amazon, Walmart's Flipkart

India's antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart's Flipkart, the latest setback for U.S.-based e-commerce giants operating in the country.



5 years ago

Volkswagen's Skoda Auto 2019 deliveries dip to 1.24 million cars due to weaker sales in China

Deliveries of Volkswagen's Skoda Auto dropped slightly in 2019 to 1.24 million vehicles, from 1.25 million in 2018, mainly due to weaker sales in China, the company said on Monday.



5 years ago

Oil steady as U.S.-Iran tensions ease, trade deal details elusive

Oil prices steadied on Monday as investors shifted their focus away from easing Mideast tensions to this week's scheduled signing of an initial U.S.-China trade deal whose details remain to be seen.



5 years ago

Futures near record high ahead of trade agreement, earnings

The expected signing of a trade deal between the United States and China kept U.S. stock futures near record levels on Monday, while investors looked forward to the start of the fourth-quarter earnings season.



5 years ago

Avenatti objects to U.S. 'document dump,' seeks possible Nike trial delay

Celebrity lawyer Michael Avenatti wants a U.S. judge to exclude large amounts of material that federal prosecutors produced recently for his trial accusing him of trying to extort Nike Inc , or else to delay the Jan. 21 trial by 30 days.



5 years ago

Wall Street opens near record highs ahead of trade deal, earnings

U.S. stocks opened near all-time highs on Monday as investors awaited the signing of a preliminary trade deal between the United States and China, as well as the start of fourth-quarter earnings season.



5 years ago

JPMorgan puts senior credit trader on leave over WhatsApp use: Bloomberg

A senior JPMorgan Chase & Co credit trader, Edward Koo, was placed on leave as the bank reviews whether he broke its policies by using WhatsApp group chats with colleagues, Bloomberg reported on Monday.



5 years ago

Renault shares fall on worries Ghosn flight has deepened Nissan rift

Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan that could lead to a break-up of the 20-year alliance.



5 years ago

Lululemon raises profit, sales forecast on upbeat holiday demand

Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker's efforts to ramp up its online presence and broaden its range helped drive sales during the all-important holiday period.



5 years ago