Latest News on private equities market

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.

6 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.



6 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.



6 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.



6 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.



6 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.



6 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.



6 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.



6 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.



6 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.



6 years ago
China, U.S. maintain close contact on trade issues: foreign ministry

China, U.S. maintain close contact on trade issues: foreign ministry

China's Foreign Ministry said on Friday China and the United States have maintained close contact on bilateral trade issues.



6 years ago
Singapore's Ascendas REIT to buy business parks from CapitaLand for $1.2 billion

Singapore's Ascendas REIT to buy business parks from CapitaLand for $1.2 billion

Ascendas Real Estate Investment Trust said on Friday it is buying 30 business parks in the United States and Singapore for about S$1.66 billion ($1.22 billion) from its controlling unit holder CapitaLand Ltd .



6 years ago
China, U.S. maintain close contact on meeting of leaders: foreign ministry

China, U.S. maintain close contact on meeting of leaders: foreign ministry

China's Foreign Ministry said on Friday China and the United States have maintained close contact on a potential meeting of U.S. President Donald Trump and Chinese President Xi Jinping.



6 years ago
China wind power firm plans $1 billion LNG terminal by end-2022

China wind power firm plans $1 billion LNG terminal by end-2022

China's Suntien Green Energy Co. Ltd , a wind power producer and piped gas distributor, plans to build a $1 billion liquefied natural gas (LNG) receiving terminal in north China by end-2022, after its investment plans won state approval, a company official said.



6 years ago
Nissan names new finance chief, some managers to leave in latest shake-up

Nissan names new finance chief, some managers to leave in latest shake-up

Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer and said Hitoshi Kawaguchi and other veteran executives were stepping down, a shake-up that one source said marked a "generational change" at the automaker.



6 years ago