Latest News on private equities market

UAW president to take leave of absence from Sunday

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.



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

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.



7 years ago
Nasdaq to restart equity trading in Nordics and Baltics at 1200 GMT

Nasdaq to restart equity trading in Nordics and Baltics at 1200 GMT

Nordic and Baltic stocks market operator Nasdaq said on Friday its markets would reopen at 1200 GMT following a trading halt due to technical issues.



7 years ago
India orders IndiGo to replace all Pratt engines on Airbus A320neo planes

India orders IndiGo to replace all Pratt engines on Airbus A320neo planes

IndiGo  must replace all Pratt & Whitney (P&W) engines on its fleet of 97 twin-engined Airbus A320neo family aircraft with new P&W power units, India's air safety watchdog said on Friday following recent inflight engine shutdowns.



7 years ago
Exxon Mobil profit halves on weak oil prices, chemicals business

Exxon Mobil profit halves on weak oil prices, chemicals business

Exxon Mobil Corp's third-quarter profit nearly halved, mainly hit by lower oil prices and weakness in its chemicals business.



7 years ago
Exxon Mobil earnings drop 49% in the third quarter on lower oil prices

Exxon Mobil earnings drop 49% in the third quarter on lower oil prices

The big earnings decline was actually slightly better than Wall Street expected.

7 years ago
Nissan picks American as finance chief as new generation takes helm

Nissan picks American as finance chief as new generation takes helm

Nissan Motor Co on Friday named American Stephen Ma as its next finance chief and said some veteran executives were stepping down, putting a new generation in charge of a company battling to recover from plunging profits and management scandal.



7 years ago
Analysts slam Shell over buyback delay warning

Analysts slam Shell over buyback delay warning

Analysts on Friday slammed Royal Dutch Shell's warning of possible delays to its $25 billion share buyback as an unnecessary step that undermines the energy giant's management.



7 years ago
AbbVie lifts 2019 profit forecast as Humira helps beat revenue estimates

AbbVie lifts 2019 profit forecast as Humira helps beat revenue estimates

AbbVie Inc posted quarterly sales above estimates on Friday and raised the lower end of its 2019 profit forecast, helped by strong demand for cancer medicine Imbruvica and a lower-than-expected drop in bestseller Humira's revenue.



7 years ago
Oil rises on Chinese factory data but set for weekly loss

Oil rises on Chinese factory data but set for weekly loss

Oil prices rose on Friday but remained on track for a weekly loss as a surprise bounce in Chinese manufacturing activity calmed investors' worries about progress in U.S.-China trade talks.



7 years ago
Nissan picks U.S. finance chief as new generation takes helm

Nissan picks U.S. finance chief as new generation takes helm

Nissan Motor Co on Friday named American Stephen Ma as its next finance chief and said some veteran executives were stepping down, putting a new generation in charge of a company battling to recover from plunging profits and management scandal.



7 years ago
Shares shuffle higher, dollar lays low ahead of U.S. jobs data

Shares shuffle higher, dollar lays low ahead of U.S. jobs data

World shares were eyeing two-year highs and a fourth straight week of gains on Friday as the third U.S. interest rate cut of the year and a surprise bounce in Chinese manufacturing activity eclipsed a blizzard of otherwise sickly global data.



7 years ago
Danske Bank tempers full-year profit expectations, unveils plan to control costs

Danske Bank tempers full-year profit expectations, unveils plan to control costs

Danske Bank shares fell more than 4% on Friday after the troubled lender said its annual profit would come in at the low end of forecasts, and unveiled plans to get costs and compliance under control by 2023.



7 years ago
Procter & Gamble, rivals take refills into beauty aisle

Procter & Gamble, rivals take refills into beauty aisle

Under pressure to reduce environmental waste from single-use containers, major consumer companies including Procter & Gamble Co , Unilever Plc and The Body Shop are rolling out more products in refillable form.



7 years ago
No Israeli government involvement in alleged NSO-Whatsapp hack: minister

No Israeli government involvement in alleged NSO-Whatsapp hack: minister

The Israeli government had nothing to do with an alleged cyber- hack by surveillance firm NSO Group, an Israeli security cabinet minister said on Friday.



7 years ago