Latest News on private equities market

Emerging markets come off the boil for Nestle and Unilever

Emerging markets come off the boil for Nestle and Unilever

Global consumer goods companies are banking on fast-growing emerging markets to drive their growth, so signs on Thursday that sales have come off the boil in the once-booming economies of China and India could set alarm bells ringing.



7 years ago
Netflix and Amazon face censorship threat in India: source

Netflix and Amazon face censorship threat in India: source

India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.



7 years ago
Morgan Stanley profit beats estimates on bond trading strength

Morgan Stanley profit beats estimates on bond trading strength

Morgan Stanley beat estimates for quarterly profit on Thursday, buoyed by higher revenue from bond trading and M&A advisory fees.



7 years ago
Norwegian Air and JetBlue announce transatlantic partnership

Norwegian Air and JetBlue announce transatlantic partnership

Norwegian Air and JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others' aircraft, with a planned startup in mid-2020, Norwegian said in a statement on Thursday.



7 years ago
Honeywell profit falls 30%

Honeywell profit falls 30%

Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year.



7 years ago
Big U.S. liquefied natgas players move fast, the small race to keep up

Big U.S. liquefied natgas players move fast, the small race to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals without new long-term contracts, while smaller developers struggle to find financing for their first plants.



7 years ago
Sterling falters as Brexit deal hope fades, shares pause after five-day rally

Sterling falters as Brexit deal hope fades, shares pause after five-day rally

Sterling faltered on fading hopes of a Brexit deal on Thursday, while a five-session rally in Asian stocks ran out of steam as weak U.S. retail sales fanned fears about the health of the world's biggest economy.



7 years ago
Unilever misses estimates as sales slow in China and India

Unilever misses estimates as sales slow in China and India

Consumer goods giant Unilever reported weaker than expected third-quarter sales, citing softer demand in India and a slowdown in China, two of its biggest emerging markets.



7 years ago
China grants Tesla car manufacturing certificate: industry ministry

China grants Tesla car manufacturing certificate: industry ministry

China's industry ministry on Thursday said it has added Tesla Inc to a government list of approved automotive manufacturers, granting the manufacturing certificate that the electric vehicle maker needs to start production in the country.



7 years ago
As 'Cannabis 2.0' kicks off in Canada, industry strangled by limited retail outlets

As 'Cannabis 2.0' kicks off in Canada, industry strangled by limited retail outlets

A year after Canada legalized use of recreational marijuana cannabis stocks have lost half their market value, and investors betting that the launch of higher-margin pot-infused drinks and other products will quickly lift shares may be in for a bumpy ride.



7 years ago
Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Ericsson third-quarter core profit tops forecast, lifts 2020 sales target

Telecoms equipment maker Ericsson reported quarterly core earnings far ahead of market expectations on Thursday and lifted its 2020 sales target citing a stronger market and currency effects.



7 years ago
Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9

Qatar Airways says may convert orders for Boeing 777-8 jet to 777-9

Qatar Airways said it may convert its 10 orders for the Boeing Co ultra-long-range 777-8 widebody jet to the larger 777-9, depending on the performance of the 777-9.



7 years ago
Nestle posts slightly slower sales growth, revamps waters business

Nestle posts slightly slower sales growth, revamps waters business

Food group Nestle announced a new share buyback program of up to 20 billion Swiss francs ($20.13 billion) and changes to its waters business on Thursday after organic sales growth slowed slightly to 3.7% in the third quarter, from 3.9% in the previous quarter.



7 years ago
'Panama Papers' law firm sues Netflix over film based on scandal

'Panama Papers' law firm sues Netflix over film based on scandal

Mossack Fonseca, a Panamanian law firm at the center of the "Panama Papers" scandal, has filed a lawsuit against Netflix Inc over its new movie based on the case, accusing the video streaming company of defamation and seeking to stop the film's release.



7 years ago
Many Americans say they're not prepared for a recession, but they're taking these steps

Many Americans say they're not prepared for a recession, but they're taking these steps

Despite the red flags flapping at the economy, many Americans say they're not financially prepared for a recession.

7 years ago