Latest News on private equities market

Abbott Labs misses revenue estimates, trims profit forecast

Abbott Labs misses revenue estimates, trims profit forecast

Medical device maker Abbott Laboratories reported quarterly revenue that fell just short of Wall Street estimates and trimmed the upper end of its full-year earnings forecast on Wednesday, sending its shares down 2%.



7 years ago
Here are the biggest analyst calls of the day: Amazon, T-Mobile, Dish & more

Here are the biggest analyst calls of the day: Amazon, T-Mobile, Dish & more

Here are the biggest calls on Wall Street on Wednesday

7 years ago
Huawei unveils new 5G antennae ahead of China ramp

Huawei unveils new 5G antennae ahead of China ramp

Huawei Technologies on Wednesday launched a new generation of 5G mobile antennae, anticipating an acceleration in the pace of network upgrades led by the three operators in its vast Chinese home market.



7 years ago
Turkey's Halkbank dismisses U.S. charges, Erdogan calls them 'ugly'

Turkey's Halkbank dismisses U.S. charges, Erdogan calls them 'ugly'

Turkey's Halkbank said on Wednesday that U.S. charges against it amount to an escalation of Washington's sanctions on Ankara over its military incursion in Syria, while President Tayyip Erdogan called them an "unlawful, ugly" step.



7 years ago
Bayer expects significant surge in number of U.S. glyphosate cases

Bayer expects significant surge in number of U.S. glyphosate cases

Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third quarter, as the German drugs and pesticides maker tries to reach a settlement after earlier court rulings against it.



7 years ago
U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin

U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin

U.S. and Chinese trade negotiators are working on nailing down a Phase 1 trade deal text for their presidents to sign next month, U.S. Treasury Secretary Steven Mnuchin said on Wednesday, adding that he was prepared to travel to Beijing for more meetings if necessary.



7 years ago
Southeast Asia's mobile payments face shakeout as market booms

Southeast Asia's mobile payments face shakeout as market booms

Just next to Ho Chi Minh City's financial district, two dozen street vendors' stalls display colorful adverts for e-wallets backed by private equity firm Warburg Pincus, ride-hailing firm Grab and Singapore sovereign wealth fund GIC, among others.



7 years ago
Boeing committed to 777-8 model but yet to decide on timing: executive

Boeing committed to 777-8 model but yet to decide on timing: executive

Boeing Co is committed to producing the ultra-long range 777-8 widebody model, but the timetable for it entering service is still under consideration, an executive at the U.S. planemaker said on Wednesday.



7 years ago
Boeing 777-8's entry into service date depends partly on customer demand: executive

Boeing 777-8's entry into service date depends partly on customer demand: executive

The date of entry into service of Boeing Co's ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London flights.



7 years ago
As the beer flows, so does the economy, as consumers keep growth aloft

As the beer flows, so does the economy, as consumers keep growth aloft

If the global economy hits the skids, the warning may come from the hop-covered taproom of the Denver Beer Co, where yearly sales are up 17% and founder Charlie Berger says the new "Juicy Freak" India Pale Ale is a bestseller despite its $1-per-pint higher price tag.



7 years ago
Production date for Boeing's long-haul 777-8 up in air as Qantas weighs options

Production date for Boeing's long-haul 777-8 up in air as Qantas weighs options

The date of entry into service of Boeing Co's ultra-long-range 777-8 wide-body airliner will depend partly on customer demand, an executive said, with the planemaker hoping to win an order from Qantas Airways Ltd to supply the plane for Sydney-London flights.



7 years ago
Shares lose steam, sterling off five-month peak with Brexit talks set to resume

Shares lose steam, sterling off five-month peak with Brexit talks set to resume

Shares markets lost some steam in Asian trading on Wednesday while sterling came off five-month highs as investors remained uncertain whether crunch talks in Brussels would lead to a deal to avoid a disorderly British exit from the European Union.



7 years ago
Fate of second Woodford fund to be decided on Wednesday: administrator

Fate of second Woodford fund to be decided on Wednesday: administrator

The administrator of the LF Woodford Income Focus Fund said it would make a decision on its future on Wednesday, a day after embattled investor Neil Woodford resigned as its manager and called time on his 30-year career in funds.



7 years ago
U.S. 'deeply concerned' about untrackable China ships carrying Iran oil: officials

U.S. 'deeply concerned' about untrackable China ships carrying Iran oil: officials

The White House is warning Chinese shipping companies against turning off their ships' transponders to hide Iranian oil shipments in violation of U.S. sanctions, two senior administration officials said.



7 years ago
UK watchdog opens formal probe of Amazon Deliveroo deal

UK watchdog opens formal probe of Amazon Deliveroo deal

Britain's competition regulator said on Wednesday it had launched a formal investigation into Amazon.com Inc's investment in food delivery company Deliveroo, setting a December 11 deadline for a decision https://reut.rs/2ONs4b0 on the first phase of its probe.



7 years ago