Latest News on private equities market

Lululemon raises quarterly forecast after upbeat holiday sales

Lululemon raises quarterly forecast after upbeat holiday sales

Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, boosted by strong holiday season demand.



6 years ago
WeWork debacle has unicorn investors seeking cover

WeWork debacle has unicorn investors seeking cover

In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have been pushing for more safeguards in case their firms fail to go public or sell shares at a lower valuation than pre-IPO financing rounds.



6 years ago
Apple rejects claims it did not provide assistance in Pensacola shooting probe

Apple rejects claims it did not provide assistance in Pensacola shooting probe

Apple Inc on Monday said it rejects "the characterization that Apple has not provided substantive assistance" in the investigation into a shooting in Pensacola, Florida, last month.



6 years ago
Canadian court denies media request to broadcast Huawei CFO hearing

Canadian court denies media request to broadcast Huawei CFO hearing

A Canadian court on Monday denied a media consortium's request to broadcast a portion of hearing seeking to extradite Huawei Technologies Chief Financial Officer Meng Wanzhou to the United States.



6 years ago
Yuan soars, stocks scale heights as markets cheer imminent Sino-U.S. deal signing

Yuan soars, stocks scale heights as markets cheer imminent Sino-U.S. deal signing

Asian shares hit a 7-month high, China's yuan jumped and safe-harbor assets slipped on Tuesday, amid signs of goodwill between China and the United States, as the world's two biggest economies prepared to sign a truce in their trade war.



6 years ago
Yen slips, yuan ascends as U.S. drops China FX manipulator label

Yen slips, yuan ascends as U.S. drops China FX manipulator label

The yen plumbed eight-month lows while China's yuan climbed to its highest level since July on Tuesday, as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.



6 years ago
Phase 1 trade deal stops bleeding, doesn't end U.S.-China dispute: U.S. Chamber

Phase 1 trade deal stops bleeding, doesn't end U.S.-China dispute: U.S. Chamber

The Phase 1 trade deal to be signed this week by China and the United States "stops the bleeding" but does not end the trade war, a senior U.S. Chamber of Commerce official said on Monday, warning that significant challenges remain.



6 years ago
U.S. Champagne drinkers should expect costs to pop with new tariffs

U.S. Champagne drinkers should expect costs to pop with new tariffs

Lovers of Champagne and other French sparkling wines should brace for big cost increases if the United States makes good on a threat to impose 100% tariffs on French goods in a dispute over the country's planned digital services tax.



6 years ago
Grab launches first cloud kitchen in Singapore amid GrabFood expansion

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

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

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.



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

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.



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

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.



6 years ago
Futures near record high ahead of trade agreement, earnings

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.



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

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.



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

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.



6 years ago