Latest News on private equities market

Roku quarterly net loss widens, overshadows earnings beat

Roku quarterly net loss widens, overshadows earnings beat

U.S. video streaming service Roku Inc reported a wider net loss in the third quarter on Wednesday, as it spent more to attract subscribers to its video streaming platform.



6 years ago
Italian PM says ArcelorMittal wants mass layoffs, govt rejects demand

Italian PM says ArcelorMittal wants mass layoffs, govt rejects demand

Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as "unacceptable".



6 years ago
Working past 65? Don't overlook these 3 key facts about your employee benefits

Working past 65? Don't overlook these 3 key facts about your employee benefits

If you're well into your 60s and still punching a clock, be sure to pay close attention to your employee benefits. Here are three items to focus on as you review your health-care and retirement selections.

6 years ago
Oil falls as big U.S. crude build offsets hopes for U.S.-China trade talks

Oil falls as big U.S. crude build offsets hopes for U.S.-China trade talks

Oil prices fell on Wednesday, pulled down by a larger-than-expected build-up in U.S. crude stocks, after gaining for three straight sessions on expectations of an easing of in U.S.-China trade tensions.



6 years ago
Virgin Australia to trim domestic capacity, axe a Hong Kong route

Virgin Australia to trim domestic capacity, axe a Hong Kong route

Virgin Australia Holdings Ltd said on Wednesday it plans to cut domestic capacity by at least 2% and remove five aircraft from its fleet as it grapples with stagnant demand.



6 years ago
Stocks grind lower as markets await clues on trade talks

Stocks grind lower as markets await clues on trade talks

Asian shares pulled back slightly on Wednesday as investors awaited new developments toward scaling back a bruising trade war between the United States and China.



6 years ago
U.S. Justice Dept sets up anti-price collusion 'strike force'

U.S. Justice Dept sets up anti-price collusion 'strike force'

The Justice Department said on Tuesday it had created a strike force that will identify and prosecute companies that fix prices or collude to push up the cost of billions of dollars' worth of U.S. government purchases.



6 years ago
Oil slips on huge U.S. crude build; hopes for U.S.-China trade talks check losses

Oil slips on huge U.S. crude build; hopes for U.S.-China trade talks check losses

Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses.



6 years ago
Virgin Australia to cut domestic capacity by 2%, axe a Hong Kong route

Virgin Australia to cut domestic capacity by 2%, axe a Hong Kong route

Virgin Australia Holdings Ltd plans to cut domestic capacity by at least 2% in the second half of the 2020 financial year, axe its Melbourne-Hong Kong route and remove five aircraft from its fleet, its chief executive said on Wednesday.



6 years ago
In review of fatal Arizona crash, U.S. agency says Uber software had flaws

In review of fatal Arizona crash, U.S. agency says Uber software had flaws

An Uber self-driving test vehicle that struck and killed an Arizona woman in 2018 had software flaws, the National Transportation Safety Board said Tuesday as it disclosed the company's autonomous test vehicles were involved in 37 crashes over the prior 18 months.



6 years ago
Iowa? Greece? Where Trump and Xi may meet becomes new trade deal issue

Iowa? Greece? Where Trump and Xi may meet becomes new trade deal issue

The United States and China are working to narrow their differences enough to sign a "phase one" trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece.



6 years ago
Asian markets tread water as investors await clues on trade

Asian markets tread water as investors await clues on trade

Asian shares were little changed on Wednesday as investors awaited new developments toward scaling back a bruising trade war between the United States and China.



6 years ago
Tinder-owner Match forecast hit by rising competition, shares down

Tinder-owner Match forecast hit by rising competition, shares down

Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading.



6 years ago
Trump-Xi meeting in Iowa would be poignant reminder of better U.S.-China ties

Trump-Xi meeting in Iowa would be poignant reminder of better U.S.-China ties

U.S. President Donald Trump's suggestion that he could sign a trade deal with Chinese President Xi Jinping in Iowa has set off a flurry of excitement in Muscatine, Iowa, a city on the banks of the Mississippi River that has hosted Xi twice since 1985.



6 years ago
Struggling Norwegian Air raises $272 million from share sale, bond issue

Struggling Norwegian Air raises $272 million from share sale, bond issue

Norwegian Air on Tuesday raised 2.5 billion crowns ($272.31 million) to meet the struggling airline's cash needs through 2020 with its third share sale in two years and a bond issue.



6 years ago