Latest News on private equities market

Fiat Chrysler and Peugeot expected to sign binding merger deal as soon as early-December: source

Fiat Chrysler and Peugeot owner PSA aim to sign a final merger agreement as early as the beginning of next month, a source familiar with the matter said on Saturday.



6 years ago

Buffett's Berkshire boosts operating profit as economy improves

Berkshire Hathaway Inc , the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit rose 14%, as it improved results in multiple business lines and generated more investment income from its insurance businesses.



6 years ago

The Property Brothers: Don't make these home renovation mistakes

Before you start your big home improvement project, it's important to take steps that can help you avoid making a costly mistake, according to Drew and Jonathan Scott, the stars of HGTV's "Property Brothers."

6 years ago

Buffett's Berkshire tops profit forecasts despite trade, cash drags

Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett's inability to deploy the conglomerate's cash.



6 years ago

This runner won the New York Marathon. Why he says everyone should run at least one

Meb Keflezighi's professional running career earned him the distinction of being the only runner to win the New York City and Boston Marathons and an Olympic medal. He weighs in on what runners who also want to cross that finish line need to know.

6 years ago

UAW president to take leave of absence from Sunday

The president of the United Auto Workers union, who has been linked to an ongoing corruption probe by U.S. federal officials, has taken a leave of absence, the union said on Saturday in a statement.



6 years ago

Buffett's Berkshire tops profit forecasts despite trade drag, record cash

Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett's inability to deploy the conglomerate's cash.



6 years ago

UAW union president takes leave of absence under cloud of U.S. federal probe

The president of the United Auto Workers union, who has been linked https://www.reuters.com/article/us-autos-corruption-labor/federal-corruption-probe-hits-home-for-uaw-boss-contract-talks-under-storm-cloud-idUSKCN1VI229 to an ongoing corruption probe by U.S. federal officials, has taken a leave of absence, the union said on Saturday in a statement.



6 years ago

How this money manager uses his military background to maximize returns

Several investing approaches yield strong returns. For Dryden Pence, the backbone of his strategy comes from his military background.

6 years ago

Nokia eyes Malaysian ports for 5G business as Huawei takes early lead

Nokia is targeting Malaysian ports in a bid to get a share of the country's fifth-generation (5G) technology market, as the Southeast Asian country prepares to launch the ultra-fast mobile internet service next year.



6 years ago

General Motors strike looms over U.S. October job growth

U.S. job growth likely slowed sharply in October, weighed down by a strike at General Motors , while the unemployment rate is expected to tick up from near a 50-year low of 3.5%.



6 years ago

Oil prices edge up, but set for big weekly loss on rising output, trade woes

Oil prices edged up on Friday after a difficult week, but were still headed for losses of about 4%, hit by a combination of rising global supply and uncertain future demand.



6 years ago

Asian shares at fresh three-month highs on China PMI surprise

Asian shares scaled three-month highs on Friday as a surprise bounce in Chinese manufacturing activity eclipsed doubts raised by a Bloomberg news report over whether the United States and China can reach a long-term trade deal.



6 years ago

Australia's Genex pumped hydro project funding falls through, shares tank

Australia's Genex Power Ltd on Friday said it won't be able to line up funding for its pumped hydro project until next year, after failing to sign a power sale agreement from the project.



6 years ago

South Africa's Taste Holdings plans to exit food business, sells Starbucks

South Africa's Taste Holdings said on Friday it had sold its Starbucks business for 7 million rand ($464,200) and was also considering selling others in its food business, including Domino's Pizza, as part of a new plan to become a luxury retail group.



6 years ago