Latest News on private equities market

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
China's 2019 pork output plunges as African swine fever cuts herd

China's 2019 pork output plunges as African swine fever cuts herd

China produced 42.55 million tonnes of pork in 2019, down 21.3% from a year earlier, official data showed on Friday, after the fatal hog disease African swine fever killed millions of pigs in the world's top producer.



6 years ago
Southwest Airlines push Boeing 737 MAX flight cancellations into June

Southwest Airlines push Boeing 737 MAX flight cancellations into June

Southwest Airlines Co said on Thursday it would extend cancellations of 737 MAX flights through June 6, as the grounding of the Boeing Co jet threatens to hurt a second straight U.S. summer travel season.



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

China posts weakest growth in 29 years as trade war bites, but ends year 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
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
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
What to watch as fourth-quarter earnings kick into high gear

What to watch as fourth-quarter earnings kick into high gear

U.S. corporate reporting season is expected to show lackluster profit growth, and it has already gotten off to a bumpy start, with big banks kicking off the fourth quarter to mixed investor reaction so far on the stock market.



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
FAA should mandate safety management systems for Boeing, others: panel

FAA should mandate safety management systems for Boeing, others: panel

An expert committee on Thursday recommended the Federal Aviation Administration's require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes.



6 years ago
Factbox: How NBCUniversal's Peacock streaming service likely stacks up against others

Factbox: How NBCUniversal's Peacock streaming service likely stacks up against others

Comcast Corp's NBCUniversal will provide details on its planned Peacock video streaming service on Thursday, taking on industry leader Netflix Inc and others in the highly competitive field.



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
Japan's Rakuten, Walmart's Seiyu to open logistics site as online sales jump

Japan's Rakuten, Walmart's Seiyu to open logistics site as online sales jump

Japanese online retailer Rakuten and Walmart's Seiyu said they plan to open a new logistics site in Yokohama later this year to deal with growing sales from their joint online supermarket business.



6 years ago
U.S.-China deal could hurt Malaysia palm oil exports to China: Malaysian official

U.S.-China deal could hurt Malaysia palm oil exports to China: Malaysian official

Malaysia's palm oil exports to China jumped 33.9% in 2019 to 2.49 million tonnes but Beijing's latest trade deal with the United States could limit gains this year, a Malaysian palm official said on Thursday.



6 years ago
World stocks pause at record peak as markets assess U.S.-China deal

World stocks pause at record peak as markets assess U.S.-China deal

World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, though financial markets were wary as a number of thorny issues remained unresolved.



6 years ago