Latest News on private equities market

Renault board to meet, as CEO skirts departure reports

Renault board to meet, as CEO skirts departure reports

Renault's CEO Thierry Bollore skirted the matter of his potential exit from the firm in a conversation with staff on Thursday, two company sources said, as the carmaker said it was calling a board meeting on Friday to discuss governance matters.



6 years ago
BMW bets on doubling of luxury car sales to boost margins

BMW bets on doubling of luxury car sales to boost margins

BMW aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday.



6 years ago
Here's how many workers are saving the maximum in their retirement plans

Here's how many workers are saving the maximum in their retirement plans

A handful of ambitious taxpayers managed to sock away the maximum amount to their 401(k). Here's how to work toward that.

6 years ago
Oil prices steady as latest U.S.-China trade talks loom

Oil prices steady as latest U.S.-China trade talks loom

Oil prices were steady on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.



6 years ago
Goldman downgrades Cisco, says trade 'uncertainty' is causing businesses to cut spending

Goldman downgrades Cisco, says trade 'uncertainty' is causing businesses to cut spending

Goldman Sachs downgraded Cisco to a neutral rating based on a slowdown in enterprise spending, which the firm believes is fueled by trade tensions.

6 years ago
Royal Air Maroc suspends deal for two more Boeing 737 MAX jets: source

Royal Air Maroc suspends deal for two more Boeing 737 MAX jets: source

Morocco’s national carrier Royal Air Maroc (RAM) has suspended a deal to purchase two more Boeing 737 MAX jets after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.



6 years ago
Nissan says European operations unsustainable with no-deal Brexit tariffs

Nissan says European operations unsustainable with no-deal Brexit tariffs

Nissan's European operations, which include plants in Britain and Spain, will not be sustainable if Britain's departure from the European Union leads to 10% tariffs on vehicles, the firm's European Chairman Gianluca de Ficchy told reporters on Thursday.



6 years ago
Delta looks at faster hiring to meet 'surprise' demand, costs rise

Delta looks at faster hiring to meet 'surprise' demand, costs rise

Delta Air Lines reported a bigger-than-expected increase in third-quarter profit on Thursday thanks to "surprise" demand growth, prompting a need to hire pilots, flight attendants, and airport workers more quickly, Chief Executive Ed Bastian told Reuters.



6 years ago
Renault CEO tells staff Nissan alliance is key, not personnel: sources

Renault CEO tells staff Nissan alliance is key, not personnel: sources

Renault's CEO Thierry Bollore, evoking reports of his potential departure, told staff on Thursday that the future of the carmaker's alliance with Nissan was what mattered, not people, according to two company sources.



6 years ago
WeWork India fighting for new funds after talks with local lender collapse

WeWork India fighting for new funds after talks with local lender collapse

WeWork's India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since The We Company's botched stock market launch, and is in early discussions to raise $200 million from new investors, the venture's chief shareholder Jitu Virwani said on Thursday.



6 years ago
Apple shares upgraded on 'iPhone demand upside'

Apple shares upgraded on 'iPhone demand upside'

The firm also raised its 12-month price target on the stock to $260, which represents a rally of more than 14% from Wednesday's close.

6 years ago
With quarterly profit beat, Delta eyes accelerated hiring to meet 'surprise' demand rise: CEO

With quarterly profit beat, Delta eyes accelerated hiring to meet 'surprise' demand rise: CEO

Delta Air Lines reported a greater-than-expected increase in quarterly profit on Thursday thanks to "surprise" demand growth, prompting the airline to accelerate its hiring of pilots, flight attendants, and airport workers, Chief Executive Ed Bastian told Reuters.



6 years ago
Futures edge lower ahead of top-level U.S.-China trade talks

Futures edge lower ahead of top-level U.S.-China trade talks

U.S. stock index futures edged lower on Thursday, as high-level negotiators from the United States and China geared up to meet for the first time since late July as they try to hammer out a deal to end a 15-month long trade war.



6 years ago
Royal Air Maroc suspends deal for two more Boeing 737 MAX planes: source

Royal Air Maroc suspends deal for two more Boeing 737 MAX planes: source

Morocco’s national carrier Royal Air Maroc has suspended a deal to purchase two more Boeing 737 MAX planes after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.



6 years ago
UBS slashes Netflix price target by $50

UBS slashes Netflix price target by $50

The firm lowered its 12-month price target on the streaming company to $370 from $420.

6 years ago