Latest News on private equities market

Trump, Xi meeting date is still fluid: White House official

Trump, Xi meeting date is still fluid: White House official

U.S. President Donald Trump and Chinese President Xi Jinping are expected to finalize a trade agreement on the sidelines of next month's Asia-Pacific Economic Cooperation summit in Chile, but the date is still fluid, a White House official said on Tuesday.



6 years ago
World stocks cling to gains on trade optimism, mixed earnings knock Europe

World stocks cling to gains on trade optimism, mixed earnings knock Europe

World stocks hovered near a 15-month high on Tuesday underpinned by cautious hopes over a China-U.S trade deal and expectations of another dose of policy stimulus from the Federal Reserve, with safe havens such as gold and yen on the back foot.



6 years ago
Tesla filing shows U.S. third-quarter sales dropped 39%

Tesla filing shows U.S. third-quarter sales dropped 39%

Tesla Inc's third-quarter revenue fell 39% in the United States, a regulatory filing showed https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459019038256/tsla-10q_20190930.htm on Tuesday.



6 years ago
Samsung Elec shows off new design for square-folding phone

Samsung Elec shows off new design for square-folding phone

Samsung Electronics Co Ltd has unveiled a new design for a smartphone that folds into a square, racing ahead in folding devices after it launched its first model in September.



6 years ago
Merck sees ongoing Keytruda strength as its sales top $3 billion in quarter

Merck sees ongoing Keytruda strength as its sales top $3 billion in quarter

Merck & Co Inc on Tuesday said it expected immunotherapy Keytruda to continue its market dominance as an initial treatment for advanced lung cancer as sales of the drug topped $3 billion in a quarter for the first time, beating lofty Wall Street estimates.



6 years ago
AT&T reveals date HBO Max will take on Disney, Netflix

AT&T reveals date HBO Max will take on Disney, Netflix

AT&T Inc executives on Tuesday said the company's HBO Max streaming video service that will launch in May 2020 is expected to reach 75 million to 90 million global subscribers by 2025, with about 50 million of these coming from the United States.



6 years ago
GM earnings beat lifts shares but U.S. strike weighs on outlook

GM earnings beat lifts shares but U.S. strike weighs on outlook

General Motors Co on Tuesday slashed its earnings forecast for 2019, saying that a 40-day U.S. labor strike by the United Auto Workers union that brought virtually all of its North American operations to a standstill would cost it around $3 billion in profits this year.



6 years ago
Russia's Sberbank to buy stake in Mail.ru to expand in digital economy

Russia's Sberbank to buy stake in Mail.ru to expand in digital economy

Sberbank has agreed to buy Gazprombank's holding stake in internet company Mail.ru as Russia's largest lender continues its transformation under Chief Executive German Gref into a banking-to-online services company.



6 years ago
Pfizer raises 2019 forecast as sales of cancer drug, heart medicine surge

Pfizer raises 2019 forecast as sales of cancer drug, heart medicine surge

Pfizer Inc posted third-quarter profit well above analysts' estimates on higher sales of cancer drug Ibrance and new heart medicine Vyndaqel, encouraging the largest U.S. drugmaker to lift its earnings forecast for the year.



6 years ago
U.S. consumer confidence slips in October

U.S. consumer confidence slips in October

U.S. consumer confidence unexpectedly fell in October amid household concerns about the short-term outlook for business conditions and job prospects.



6 years ago
Air Canada sees year-end capacity up despite 737 MAX grounding, shares jump

Air Canada sees year-end capacity up despite 737 MAX grounding, shares jump

Air Canada said on Tuesday it expects higher capacity and revenues during the last three months of 2019, after reporting lower-than-expected third-quarter profit in the wake of the grounding of Boeing Co's 737 MAX jets.



6 years ago
India's IndiGo places historic order for 300 Airbus planes

India's IndiGo places historic order for 300 Airbus planes

Indian budget carrier IndiGo has placed an order for 300 Airbus A320neo-family jets worth at least $33 billion at recent catalog prices, handing the European planemaker what could be its biggest ever order from a single carrier.



6 years ago
Boeing CEO faces tough questions from U.S. lawmakers at hearing

Boeing CEO faces tough questions from U.S. lawmakers at hearing

Boeing Co Chief Executive Dennis Muilenburg, at the start of two days of testimony before U.S. lawmakers, faced tough questions on Tuesday on the crashes of two 737 MAX planes that killed 346 people and sparked calls for reforms.



6 years ago
S&P 500 flat on mixed earnings reports; Alphabet weighs on Nasdaq

S&P 500 flat on mixed earnings reports; Alphabet weighs on Nasdaq

The S&P 500 hovered near its record high on Tuesday, lifted by upbeat earnings from drugmakers Merck and Pfizer, while a disappointing quarterly profit from Google-parent Alphabet kept the Nasdaq firmly in the negative territory.



6 years ago
Amazon's one-day delivery is the next big threat to retail industry, Morgan Stanley says

Amazon's one-day delivery is the next big threat to retail industry, Morgan Stanley says

E-commence giant Amazon's one-day shipping is poised to pose a big threat to retailers, according to Morgan Stanley.

6 years ago