Latest News on private equities market

Aramco listing was delayed to rope in anchor investors: sources

Aramco listing was delayed to rope in anchor investors: sources

Oil giant Saudi Aramco's much-vaunted stock market listing was delayed after deal advisers said they need more time to lock in cornerstone investors, three sources with direct knowledge of the matter told Reuters.



6 years ago
Here are the world's 10 best places to vacation on a budget

Here are the world's 10 best places to vacation on a budget

Travel publisher Lonely Planet ranked the world's top 10 destinations for value in 2020. The cities and countries that budget travelers should consider include tropical locales in Indonesia and India and the Rust Belt city of Buffalo, New York.

6 years ago
OPEC, allies to mull deeper oil cut amid worries over demand growth

OPEC, allies to mull deeper oil cut amid worries over demand growth

OPEC and its allies will consider whether to deepen cuts to crude supply when they next meet in December due to worries about weak demand growth in 2020, sources from the oil-producing club said.



6 years ago
Turkey's Halkbank could face fine for failing to appear in U.S. court: prosecutor

Turkey's Halkbank could face fine for failing to appear in U.S. court: prosecutor

A U.S. prosecutor on Tuesday called Turkey's Halkbank a "fugitive" after it failed to make an initial court appearance in a criminal case accusing it of conspiring to violate U.S. sanctions against Iran.



6 years ago
U.S. companies facing worker shortage race to automate

U.S. companies facing worker shortage race to automate

U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters analysis of corporate earnings transcripts shows.



6 years ago
Exxon to face trial in New York climate change investor fraud lawsuit

Exxon to face trial in New York climate change investor fraud lawsuit

Exxon Mobil Corp on Tuesday was due to face trial in a lawsuit by New York's attorney general accusing it of misleading investors about the risks of climate change regulations to its business.



6 years ago
Earnings lift stocks, sterling dips as more Brexit news to come

Earnings lift stocks, sterling dips as more Brexit news to come

Stocks on world markets eked out small gains on Tuesday after some upbeat corporate results and talk of progress in China-U.S. trade talks, while sterling weakened as investors awaited further news on Britain's eventual exit from the European Union.



6 years ago
Hasbro misses profit estimates as costs jump on tariff threat

Hasbro misses profit estimates as costs jump on tariff threat

Hasbro Inc fell short of Wall Street estimates for quarterly profit on Tuesday, as the threat of tariffs on toys imported from China ramped up shipping and warehousing costs, sending its shares down 7%.



6 years ago
P&G raises full-year forecast after beauty, healthcare brands drive profit beat

P&G raises full-year forecast after beauty, healthcare brands drive profit beat

Procter & Gamble Co on Tuesday raised its full-year sales and profit forecasts after a better-than-expected first quarter, powered by demand for its premium beauty and toothpaste brands.



6 years ago
Not well? Your credit card debt could be making you sick

Not well? Your credit card debt could be making you sick

Americans are taking on ever-increasing amounts of debt and it's harming their overall health and relationships, according to researchers.

6 years ago
European stocks inch up on earnings, sterling hovers before Brexit votes

European stocks inch up on earnings, sterling hovers before Brexit votes

European shares eked out small gains on Tuesday as talk of progress in China-U.S. trade talks was offset by mixed corporate earnings, while sterling held below $1.30 ahead of another crucial Brexit vote.



6 years ago
McDonald's posts rare profit miss, shares down 4%

McDonald's posts rare profit miss, shares down 4%

McDonald's Corp reported a quarterly profit that missed Wall Street estimates for the first time in two years as it invested heavily in sprucing up U.S. outlets and speeding up delivery, sending its shares down 4%.



6 years ago
UPS COO's retirement overshadows e-commerce fueled profit rise

UPS COO's retirement overshadows e-commerce fueled profit rise

United Parcel Service Inc's e-commerce fueled quarterly profit beat on Tuesday was overshadowed by news that Jim Barber, widely viewed as the world's biggest parcel delivery firm's next leader, would retire at year-end.



6 years ago
Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin profit up but forecasts lower cash flow in 2020; shares slip

Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but shares fell in premarket trading after it forecast lower cash flow next year.



6 years ago
UTC expects Boeing to maintain 737 MAX production rate in 2019

UTC expects Boeing to maintain 737 MAX production rate in 2019

United Technologies expects its customer Boeing to keep producing 42 737 MAX planes per month in 2019, allaying fears of a manufacturing pause that could cost billions of dollars in losses for the planemaker and its suppliers, Chief Financial Officer Akhil Johri told Reuters on Tuesday.



6 years ago