Latest News on private equities market

Huawei's revenue rises 24.4% in first three quarters of 2019

Huawei's revenue rises 24.4% in first three quarters of 2019

Huawei Technologies Co Ltd, the Chinese technology giant blacklisted by the U.S. government, said revenue grew 24.4% in the first three quarters of 2019 to 610.8 billion yuan ($86 billion).



6 years ago
Turkey's Halkbank shares fall 7% following U.S. charges

Turkey's Halkbank shares fall 7% following U.S. charges

Shares of Turkey's state-owned Halkbank fell more than 7% at the opening of trade on Wednesday after U.S. prosecutors charged the bank with taking part in a scheme to evade U.S. sanctions on Iran.



6 years ago
Technical foul: Chinese traders in online sneaker market punish NBA after HK controversy

Technical foul: Chinese traders in online sneaker market punish NBA after HK controversy

On Oct. 4, a Chinese trader noticed a sharp drop in the price of crypto tokens backed by Nike's Air Jordan sneakers on a U.S.-based exchange after the general manager of the NBA's Houston Rockets tweeted support for the protests in Hong Kong.



6 years ago
Shares of Turkey's Halkbank plunge after U.S. charges

Shares of Turkey's Halkbank plunge after U.S. charges

Shares of Turkey's Halkbank plunged as much 7% on Wednesday, despite a ban on short selling, after U.S. prosecutors charged the state-owned lender with taking part in a multibillion-dollar scheme to evade U.S. sanctions on Iran.



6 years ago
Latitude CEO disappointed KKR pulled IPO due to low price

Latitude CEO disappointed KKR pulled IPO due to low price

Private equity giant KKR & Co and its partners canceled what was to be Australia's biggest listing of the year, lender Latitude Financial, because investors would not pay a price that reflected its value, the Latitude CEO said on Wednesday.



6 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.



6 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.



6 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.



6 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.



6 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.



6 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.



6 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.



6 years ago
Nevada gaming regulators seek ban on Steve Wynn from state's casino industry

Nevada gaming regulators seek ban on Steve Wynn from state's casino industry

Nevada gaming regulators are seeking a ban on former Wynn Resorts Ltd chief Steve Wynn from the state's casino industry, citing allegations of sexual misconduct that emerged a year ago, a regulatory filling showed.



6 years ago
Some brokers game the system to scrub complaints from their records, report claims

Some brokers game the system to scrub complaints from their records, report claims

A new report from an investor advocacy group claims that some brokers and brokerages are abusing the regulatory system to erase customer complaints against them.

6 years ago
Wall Street gains as earnings season begins in earnest

Wall Street gains as earnings season begins in earnest

Wall Street advanced on Tuesday as third-quarter reporting season hit with a spate of upbeat earnings reports that brought buyers back to the equities market.



6 years ago