Latest News on private equities market

Its leash lengthened, China's yuan flirts with trade war role

Its leash lengthened, China's yuan flirts with trade war role

China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk U.S. anger by using it as a bargaining chip in already thorny trade talks, market participants believe.



6 years ago
Wall Street starts flat as political woes offset China on trade

Wall Street starts flat as political woes offset China on trade

U.S. stock indexes saw a muted open on Thursday as fresh developments on the impeachment inquiry into President Donald Trump kept markets subdued, dampening optimism spurred by upbeat comments from China on trade.



6 years ago
Exclusive: Texas signs ex-Microsoft lawyer, others to aid in Google antitrust probe

Exclusive: Texas signs ex-Microsoft lawyer, others to aid in Google antitrust probe

The Texas attorney general's office has hired three consultants for a multi-state probe it is leading into Alphabet Inc's Google, including an economist who worked with some of the firm's major rivals and a lawyer who is a Microsoft veteran.



6 years ago
Ryanair not interested in buying Thomas Cook airlines

Ryanair not interested in buying Thomas Cook airlines

Ryanair is not interested in taking over any of the airlines of travel firm Thomas Cook , which has gone into liquidation, its chief executive said on Thursday.



6 years ago
Ted Baker taps Debenhams executive Osborne as new CFO

Ted Baker taps Debenhams executive Osborne as new CFO

British fashion retailer Ted Baker Plc said on Thursday Rachel Osborne will become its new finance chief once she steps down from the same position at Debenhams, following just one year in the role at the department store chain.



6 years ago
Huawei already producing 5G base stations without U.S. parts: CEO

Huawei already producing 5G base stations without U.S. parts: CEO

Huawei Technologies Co Ltd's [HWT.UL] founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations that are free of U.S. components and plans to more than double production next year.



6 years ago
Samsung to offer financing to help to boost India smartphone sales

Samsung to offer financing to help to boost India smartphone sales

Samsung Electronics is to provide finance to potential smartphone buyers, a company executive said on Thursday, in a bid to boost smartphone sales in India where it faces fierce competition from rivals such as China's Xiaomi.



6 years ago
Norway will not ban Huawei from 5G mobile network: minister

Norway will not ban Huawei from 5G mobile network: minister

Norway does not plan to block China's Huawei Technologies[HWT.UL] from building the country's 5G telecoms network, cabinet minister Nikolai Astrup told Reuters.



6 years ago
U.S.-China trade optimism lifts stocks, dollar shrugs

U.S.-China trade optimism lifts stocks, dollar shrugs

Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.



6 years ago
China criticizes new U.S. sanctions over Iranian oil deals

China criticizes new U.S. sanctions over Iranian oil deals

China on Thursday criticized the United States for imposing new



6 years ago
Hackers tried to steal Airbus secrets via contractors: report

Hackers tried to steal Airbus secrets via contractors: report

A series of cyberattacks on Airbus in the past few months were conducted via the computer systems of the aerospace group's suppliers and contractors, and security sources suspect a link to China, AFP news agency reported on Thursday.



6 years ago
Exclusive: Saudi Aramco lures sovereign funds to hit $2 trillion IPO valuation - sources

Exclusive: Saudi Aramco lures sovereign funds to hit $2 trillion IPO valuation - sources

State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth funds to invest in the domestic leg of the oil giant's listing at it seeks to achieve a $2 trillion valuation, sources said.



6 years ago
ECB's Lautenschlaeger says resigning was best course of action: email

ECB's Lautenschlaeger says resigning was best course of action: email

Sabine Lautenschlaeger, who said on Wednesday she would quit as a European Central Bank board member, told staff she regretted leaving her post early but thought this was the best course of action given her situation.



6 years ago
U.S. weekly jobless claims rise marginally

U.S. weekly jobless claims rise marginally

The number of Americans filing applications for unemployment benefits rose moderately last week, pointing to sustained labor market strength.



6 years ago
Buy Square because the negativity around the stock is about to change, says Wells Fargo

Buy Square because the negativity around the stock is about to change, says Wells Fargo

Wells Fargo upgraded shares of Square to outperform from market perform, citing overly negative sentiment that is close to inflecting.

6 years ago