Latest News on private equities market

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.



6 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.



6 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.



6 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.

6 years ago
Bank/Fintech Partnerships: The Fad Is Over

Bank/Fintech Partnerships: The Fad Is Over

Forbes | Ron Shevlin | Oct 14, 2019 Partnerships are Not the Future of Fintech “Bank/fintech partnerships are crucial to the future of banking” has become a widely accepted meme in the industry. In a recent study from Finextra, 81% of bank executives surveyed said that collaborating with partners was the best strategy to achieve

6 years ago
Ray Dalio says the world is in a 'great sag' and echoes the 1930s

Ray Dalio says the world is in a 'great sag' and echoes the 1930s

The hedge fund titan believes it is too late for central banks to reverse a global slowdown..

6 years ago
IBM revenue misses on weakness in its biggest unit; shares fall 5%

IBM revenue misses on weakness in its biggest unit; shares fall 5%

International Business Machines Corp missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology services unit was hit by weakness in some European markets, sending its shares down 5% in extended trading.



6 years ago
Mexican billionaire Slim vows to invest in Mexico, touting economic prospects

Mexican billionaire Slim vows to invest in Mexico, touting economic prospects

Mexican billionaire Carlos Slim said on Wednesday that he expects to invest up to $5 billion in Mexican infrastructure during the current administration as he delivered a full-throated endorsement of the economy despite investor jitters.



6 years ago
Boeing CEO says 'fully supportive' of board's move to split jobs: memo

Boeing CEO says 'fully supportive' of board's move to split jobs: memo

Boeing Co Chief Executive Dennis Muilenburg told employees he was "fully supportive" of the board's decision to split his chairman and CEO roles, allowing him to focus on running the world's largest planemaker, according to a memo seen by Reuters on Wednesday.



6 years ago
Overcoming these three things could spark a year-end rally, Ned Davis Research says

Overcoming these three things could spark a year-end rally, Ned Davis Research says

The market is in a slump, but accomplishing three things could lead to a year-end rally, according to a report by Ned Davis Research.

6 years ago
Trump says likely won't sign China trade deal until he meets with Xi

Trump says likely won't sign China trade deal until he meets with Xi

U.S. President Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with Chinese President Xi Jinping at the upcoming APEC Forum in Chile.



6 years ago
U.S. safety agency to jumpstart revamp of new car rating program

U.S. safety agency to jumpstart revamp of new car rating program

The U.S. National Highway Traffic Safety Administration (NHTAS) said Wednesday it is reviving a long-stalled effort to overhaul the five-star crash rating program for all new vehicles.



6 years ago
Weak U.S. retail sales cast pall over slowing economy

Weak U.S. retail sales cast pall over slowing economy

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.



6 years ago
Wall Street inches lower as trade concerns linger

Wall Street inches lower as trade concerns linger

Wall Street edged lower on Wednesday, as concerns over an escalation in the U.S.-China trade war and weak economic indicators persisted, while a raft of upbeat results underlined a solid start to the third-quarter earnings season.



6 years ago
Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board

Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board

An old, degraded piece of metal pipe that had not been tested for corrosion led to the June fire and explosions at the Philadelphia Energy Solutions oil refinery, the U.S. Chemical Safety and Hazard Investigation Board said on Wednesday.



6 years ago