Latest News on private equities market

Burger King makes Impossible Whopper cheaper by inclusion in value menu

Burger King makes Impossible Whopper cheaper by inclusion in value menu

Burger King said on Thursday it would add its plant-based Impossible Whopper sandwich to its popular 2 items for $6 promotion, a sign that fast-food chains are trying to reach more customers with affordable options.



6 years ago
Morgan Stanley profit surges 53%

Morgan Stanley profit surges 53%

Morgan Stanley reported a 53% rise in quarterly profit on Thursday, driven by strength in its bond trading and underwriting businesses.



6 years ago
Global stocks bask in U.S.-China trade-deal afterglow

Global stocks bask in U.S.-China trade-deal afterglow

World stocks remained near record highs on Thursday, after the United States and China signed the first phase of an agreement to end their 18-month trade war.



6 years ago
Tesla says plans to open China design and research center

Tesla says plans to open China design and research center

U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account.



6 years ago
China's 2019 and December crude oil runs hit record highs

China's 2019 and December crude oil runs hit record highs

China's crude oil throughput rose to a record high in 2019 following the start-up of two mega-refineries, official data showed on Friday, with December posting the highest daily run-rate on record.



6 years ago
China's 2019 property investment solid, but first sales drop in 5 years dents outlook

China's 2019 property investment solid, but first sales drop in 5 years dents outlook

China's property investment hit a two-year low in December even as it grew at a solid pace in 2019, adding to recent signs of a slackening in the sector and suggested Beijing might need to offer more stimulus to stabilize a cooling economy.



6 years ago
China to roll out more support measures as economy faces pressure: statistics head

China to roll out more support measures as economy faces pressure: statistics head

China will maintain a proactive fiscal policy and a prudent monetary policy in 2020 and roll out more support measures this year as the economy faces downward pressure, the chief of the country's statistics bureau said on Friday.



6 years ago
Asian shares firm as China's GDP raises hopes of recovery

Asian shares firm as China's GDP raises hopes of recovery

Asian shares rose on Friday after global stock indexes and Wall Street posted more records, and as China's economic growth matched expectations in spite of U.S. trade pressures.



6 years ago
China's 2019 pork output plunges to 16-year low as disease culls herd

China's 2019 pork output plunges to 16-year low as disease culls herd

China's 2019 pork output plunged to a 16-year low, official data showed on Friday, as the fatal hog disease African swine fever killed millions of pigs in the world's top producer.



6 years ago
China's annual aluminum output slips for first time in decade

China's annual aluminum output slips for first time in decade

China's annual aluminum production fell for the first time in 10 years in 2019, official data showed on Friday, hit by softer demand amid the Sino-U.S. trade row and large-scale smelter outages.



6 years ago
China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note

China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note

China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.



6 years ago
Exclusive: Temasek, Trustbridge target majority stake in WeWork China at $1 billion valuation – sources

Exclusive: Temasek, Trustbridge target majority stake in WeWork China at $1 billion valuation – sources

Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters.



6 years ago
Comcast bets ads work on streaming TV, plans NBC Peacock debut for April

Comcast bets ads work on streaming TV, plans NBC Peacock debut for April

NBCUniversal's new Peacock streaming service will offer free and $5-per-month options with advertising to try to win customers for its belated entry into the online video wars, the company announced on Thursday.



6 years ago
Facebook sued in U.S. federal court for alleged anticompetitive conduct

Facebook sued in U.S. federal court for alleged anticompetitive conduct

Four companies sued Facebook Inc in U.S. federal court on Thursday for alleged anticompetitive conduct, saying the social network inappropriately revoked developer access to its platform in order to harm prospective competitors.



6 years ago
Asian shares firm after Wall Street records; China GDP awaited

Asian shares firm after Wall Street records; China GDP awaited

Asian shares inched higher on Friday after global stock indexes and Wall Street posted more records, with strong corporate earnings and upbeat U.S. economic data adding to optimism after China and the U.S. signed a partial trade deal.



6 years ago