Latest News on private equities market

Italy prosecutors open Netflix tax evasion investigation: source

Italy prosecutors open Netflix tax evasion investigation: source

Italian prosecutors have opened an investigation into alleged tax evasion targeting U.S. streaming service Netflix, a source with direct knowledge of the matter said on Thursday.



7 years ago
WTO meeting to adopt Airbus subsidies decision set for October 14

WTO meeting to adopt Airbus subsidies decision set for October 14

The World Trade Organization (WTO) will hold a special meeting of its Dispute Settlement Body at the request of the United States on Oct. 14 to adopt its arbitration decision in the Airbus subsidies case, a WTO spokesman said on Thursday.



7 years ago
European luxury, drink stocks lifted by U.S. tariffs relief

European luxury, drink stocks lifted by U.S. tariffs relief

European luxury goods and drinks company shares rose on Thursday after new U.S. tariffs in retaliation over EU aircraft subsidies excluded cognac, champagne and leather goods.



7 years ago
Oil prices steady, give up gains as economic gloom dims demand prospects

Oil prices steady, give up gains as economic gloom dims demand prospects

Oil futures were largely flat on Thursday, reversing gains made earlier in the day, as fears over the worsening global economic outlook that hit prices hard in the previous session offset modest hopes for progress in resolving the U.S.-China trade war.



7 years ago
Shares in European drinks, luxury brands rise on U.S. tariffs relief

Shares in European drinks, luxury brands rise on U.S. tariffs relief

Shares in European luxury and drinks companies rose at the open on Thursday after new tariffs slapped by the United States in retaliation for illegal EU aircraft subsidies were in line with expectations or less than feared, traders said.



7 years ago
UK to fly back another 5,000 people on Thursday after Thomas Cook collapse

UK to fly back another 5,000 people on Thursday after Thomas Cook collapse

The British Civil Aviation Authority (CAA) said 25 flights are scheduled to fly on Thursday to return another 5,000 people to the country in the tenth day of the repatriation operation following the collapse of travel group Thomas Cook.



7 years ago
H&M posts first quarterly profit rise in over two years

H&M posts first quarterly profit rise in over two years

H&M , the world's second-biggest fashion retailer, reported on Thursday its first quarterly rise in pretax profit in over two years and said efforts to meet rapid changes in its industry were on track.



7 years ago
Ted Baker warns on full-year; hit by weak demand, hefty discounting

Ted Baker warns on full-year; hit by weak demand, hefty discounting

Ted Baker Plc on Thursday warned yet again that its full-year profit would be hurt, as warmer weather in September, sharp discounting across the industry and tepid consumer demand takes its toll on British retailers.



7 years ago
Uber launches app aimed at connecting workers with businesses

Uber launches app aimed at connecting workers with businesses

Ride-hailing firm Uber Technologies Inc said it has launched an app to connect workers with businesses needing to fill available shifts.



7 years ago
Stocks on tenterhooks as U.S. recession signs build

Stocks on tenterhooks as U.S. recession signs build

A wake-up call from the U.S. heartland has spooked Wall Street by raising fears of a recession that will push equities into a correction.



7 years ago
Walmart to test programs for U.S. workers to cut its healthcare costs

Walmart to test programs for U.S. workers to cut its healthcare costs

Walmart Inc said on Thursday it will begin several healthcare pilot programs for its U.S. employees starting Jan. 1 as it looks for ways to cut healthcare costs - one of the largest expenses for the retailer after wages.



7 years ago
Chevron's shale allies are its secret weapon in Exxon race

Chevron's shale allies are its secret weapon in Exxon race

U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in the world's biggest shale field.



7 years ago
Airbus plant in Alabama spared fallout from U.S. tariffs

Airbus plant in Alabama spared fallout from U.S. tariffs

Alabama aerospace workers won an unexpected reprieve from escalating trade tensions on Wednesday when the United States spared an Airbus plant in the state from the impact of tariffs against the European planemaker - at least for now.



7 years ago
Amazon.com brings Alexa to Brazil, kicks off pre-orders for devices

Amazon.com brings Alexa to Brazil, kicks off pre-orders for devices

Amazon.com Inc will launch its virtual assistant Alexa in Brazil starting this month, with plans for three different devices with the software installed, as it rapidly expands operations in Latin America's largest economy.



7 years ago
U.S. set to quickly widen trade war with EU tariffs after WTO ruling: sources

U.S. set to quickly widen trade war with EU tariffs after WTO ruling: sources

The United States' top trade body is likely to release a list of European goods subject to new tariffs Wednesday afternoon, after the World Trade Organization's landmark ruling on illegal aircraft subsidies, industry sources said.



7 years ago