Latest News on private equities market

Credit Suisse raised its target on Amazon to $2,400, ahead of the company's third quarter results.

Abbott Laboratories Inc reported a 70.5% jump in quarterly profit on Wednesday, powered by demand for its blood sugar monitors and cardiovascular devices. The company's net earnings rose to $960 million, or 53 cents per share, in the third quarter ended Sept. 30, from $563 million, or 32 cents per share, a year earlier. [nPn4q7c7ya]

Volvo Cars, owned by China's Geely Holding, is targeting a 40% reduction in the carbon footprint of each car it manufactures by 2025 as it bids to become fully climate neutral by 2040, it said in a statement on Wednesday.

Sterling came off five-month highs and stocks traded sideways on Wednesday as the European Union and Britain sought to avert a disorderly Brexit before an EU summit on Thursday.

Oil edged further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories.

Bank of America Corp , the second-largest U.S. bank by assets, beat analysts' estimates for quarterly profit as gains from trading in stocks and robust loan growth helped cushion it from lower interest rates.

Huawei Technologies Co Ltd's third-quarter revenue jumped 27%, driven by a surge in shipments of smartphones launched before a trade blacklisting by the United States expected to hammer its business.

Uber Technologies Inc and Lyft Inc have declined to appear at a U.S. House of Representatives hearing on Wednesday on issues relating to the ride-hailing industry, the Washington Post reported, citing company and congressional sources.

U.S. chipmaker Broadcom has been ordered to halt exclusivity deals with six TV and modem makers for up to three years while EU antitrust enforcers investigate whether these agreements are aimed at thwarting rivals.

Nobel Prize winning economist Robert Shiller's new book, "Narrative Economics", examines why some economic stories go viral.

Bank of New York Mellon Corp reported a 7% fall in quarterly profit on Wednesday, as the world's largest custodian bank earned lower fees and took a hit from a drop in interest rates.

U.S. chipmaker Broadcom said on Wednesday that an EU antitrust order to halt certain business deals with six TV and modem makers will not have a material impact on its business and it will challenge the EU move in court.

Britain's competition regulator said on Wednesday it had launched a formal investigation into Amazon.com Inc's investment in food delivery company Deliveroo, setting a December 11 deadline for a decision https://reut.rs/2ONs4b0 on the first phase of its probe.

Bulgaria is ready to offer more incentives to Volkswagen to build a new plant in the country after the carmaker postponed a decision on building it in Turkey amid criticism of Ankara's offensive in Syria.

Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third quarter, as the German drugs and pesticides maker tries to reach a settlement after earlier court rulings against it.