Latest News on private equities market

Bristol-Myers posts better-than-expected results, Opdivo growth slows

Bristol-Myers posts better-than-expected results, Opdivo growth slows

U.S. drugmaker Bristol-Myers Squibb Co reported higher-than-expected third-quarter profit on Thursday, helped by strong sales of blood thinner Eliquis, even as growth of its blockbuster cancer treatment Opdivo slowed.



6 years ago
Thomson Reuters operating profit tops Wall Street estimates

Thomson Reuters operating profit tops Wall Street estimates

Thomson Reuters Corp , parent of the Reuters News agency, reported higher-than-expected quarterly operating profit on Thursday and affirmed its 2019 and 2020 estimates.



6 years ago
In record deal, U.S. to recover $1 billion from Malaysian fugitive Jho Low

In record deal, U.S. to recover $1 billion from Malaysian fugitive Jho Low

The U.S. Justice Department on Wednesday struck a deal to recoup $1 billion in funds allegedly looted from a Malaysian state investment fund by fugitive financier Jho Low, in a record capture for a U.S. anti-corruption probe.



6 years ago
Asian stocks rally after Fed rate cut, BOJ keeps policy steady

Asian stocks rally after Fed rate cut, BOJ keeps policy steady

Asian shares jumped on Thursday to a three-month high and the dollar fell broadly after the Federal Reserve cut interest rates as expected and U.S. Treasury yields declined.



6 years ago
China officials optimistic for trade deal with U.S. despite APEC setback

China officials optimistic for trade deal with U.S. despite APEC setback

Chinese officials voiced optimism that Beijing and Washington can find a way to clinch the so-called Phase One trade deal next month, despite the abrupt cancellation of the summit where the heads of state were to meet to formally sign the deal.



6 years ago
Pelosi: U.S. House close to approving trade deal with Mexico, Canada

Pelosi: U.S. House close to approving trade deal with Mexico, Canada

The U.S. House of Representatives is making progress every day toward approving the trade agreement President Donald Trump worked out with Canada and Mexico, Speaker Nancy Pelosi said on Thursday.



6 years ago
Bombardier in advanced talks to sell three plants to Spirit AeroSystems for over $1 bilion: sources

Bombardier in advanced talks to sell three plants to Spirit AeroSystems for over $1 bilion: sources

Canada's Bombardier is in advanced talks to sell three facilities, including its Belfast wing-making plant, to Spirit AeroSystems for more than $1 billion in cash and assumed liabilities, two sources familiar with the matter told Reuters on Thursday.



6 years ago
Airbus A220 engines pass engine checks after recent failures

Airbus A220 engines pass engine checks after recent failures

Airlines have completed one round of checks triggered by engine failures on the Airbus A220 and have found no faults, an executive at engine maker Pratt & Whitney said on Thursday.



6 years ago
The Trillion-Dollar Opportunity in Supporting Female Entrepreneurs

The Trillion-Dollar Opportunity in Supporting Female Entrepreneurs

HBR | Shalini Unnikrishnan and Roy Hanna | Oct 31, 2019 There is much discussion and debate about how to support female entrepreneurs — and rightly so. Currently, women-led businesses are less likely to survive, despite evidence that their startups are often highly successful. New analysis by Boston Consulting Group (BCG) shows that if women

6 years ago
Samsung flags smartphone profit fall, upbeat on chips

Samsung flags smartphone profit fall, upbeat on chips

Samsung Electronics warned of a smaller mobile business profit on Thursday as its rival Apple gave a positive iPhone sales outlook, dampening hopes new models will help the world's largest smartphone vendor finally get back on a growth track.



6 years ago
China's factory activity shrinks at sharper pace, services weaken as risks grow

China's factory activity shrinks at sharper pace, services weaken as risks grow

Factory activity in China shrank for the sixth straight month in October and by more than expected, while service sector growth eased as firms grapple with the weakest economic growth in nearly 30 years.



6 years ago
Facebook is sued for age, gender bias in financial services ads

Facebook is sued for age, gender bias in financial services ads

Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, insurance, investments and loans.



6 years ago
Hudson's Bay shareholder Catalyst opposes go private deal

Hudson's Bay shareholder Catalyst opposes go private deal

Hudson's Bay Co shareholder Catalyst Capital Group Inc has opposed an agreed deal by the struggling Canadian department store operator with a group led by executive chairman Richard Baker to be taken private.



6 years ago
U.S. prosecutors file new charges in UAW corruption case

U.S. prosecutors file new charges in UAW corruption case

A United Auto Workers official was charged on Thursday with embezzling hundreds of thousands of dollars in an alleged scheme that a person familiar with the case said involved union President Gary Jones.



6 years ago
Exclusive: Government officials around the globe targeted for hacking through WhatsApp - sources

Exclusive: Government officials around the globe targeted for hacking through WhatsApp - sources

Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software that used Facebook Inc's WhatsApp to take over users' phones, according to people familiar with the messaging company's investigation.



6 years ago