Latest News on private equities market

Amazon's bid to acquire stake in Indian retailer faces antitrust hurdle: sources

India's antitrust body has sought more information from Amazon.com Inc about its planned acquisition of a stake in India's Future Retail , sources with knowledge of the matter told Reuters, which could potentially delay the deal.



5 years ago

Goldman Sachs says antitrust to heat up in 2020, pressure Facebook, Google shares for 'years'

Republican and Democrat distrust of big tech poses a threat to companies like Google and Facebook, according to Goldman Sachs.

5 years ago

Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million

China's Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business.



5 years ago

Three flight attendant unions voice alarm after 737 MAX hearings

Unions representing flight attendants at the three U.S. airlines that operate Boeing Co's 737 MAX said they are more reluctant to support the grounded jet's return after congressional hearings this week on its development.



5 years ago

China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel

A World Trade Organization (WTO) panel said on Friday that China could slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties, a figure that was roughly half what China had sought.



5 years ago

Exclusive: U.S. opens national security investigation into TikTok - sources

By Greg Roumeliotis, Yingzhi Yang, Echo Wang and Alexandra Alper



5 years ago

AIG's profit misses estimates on life unit review, catastrophe losses

American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in the insurer's life and retirement unit and a difficult period for catastrophe losses.



5 years ago

Shares, crude prices rise on U.S., China data

World equity markets surged and crude prices rose on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth.



5 years ago

Shell appoints new head of downstream business

Royal Dutch Shell has appointed Huibert Vigeveno to head its downstream business, the refining, trading and marketing operations that are to become a key pillar for the oil and gas company as it transitions to cleaner energy.



5 years ago

AbbVie 2019 revenue forecast tops Wall Street estimates while it eyes future Botox sales

AbbVie Inc on Friday forecast 2019 revenue above Wall Street estimates and expressed confidence in future sales of blockbuster wrinkle treatment Botox, which it will acquire with its $63 billion purchase of Allergan Plc .



5 years ago

U.S. October job growth beats expectations despite GM strike

U.S. job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere and hiring in the prior two months was stronger than previously estimated, offering some assurance that consumers would continue to support the slowing economy.



5 years ago

No talks have taken place on ousting Fed's Powell: White House adviser

A White House official said on Friday no discussions have taken place about ousting U.S. Federal Reserve Chairman Jerome Powell after President Donald Trump expressed disappointment in him and criticized the central bank's latest interest rate cut.



5 years ago

Exxon, Chevron earnings fall on lower oil and gas prices

Exxon Mobil Corp and Chevron Corp on Friday posted sharply lower quarterly results despite increases in oil and gas production as lower energy prices soured results for most oil majors.



5 years ago

Oil rises 2% on U.S.-China trade hopes, but set for weekly drop

Oil prices rose 2% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and Chinese manufacturing activity numbers.



5 years ago

Google taps fitness tracker market with $2.1 billion bid for Fitbit

Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the crowded market for fitness trackers and smart watches.



5 years ago