Latest News on private equities market

South Korea boycott hitting sales of Japan's Uniqlo, company says

A boycott on Japanese goods in South Korea has had an impact on casual clothing chain Uniqlo's sales in the country, the company said on Friday, highlighting the widening economic hit from a diplomatic row over Tokyo's wartime role.



5 years ago

Buffett's Berkshire Hathaway has lost almost $5 billion this year on Kraft Heinz's downturn

Buffett's Berkshire Hathaway has lost almost $5 billion this year on its Kraft Heinz stake as the packaged food company's stock continues to fall.

5 years ago

Chase to cancel the debts of certain credit card holders

If you're a Chase credit card account holder in Canada, there's good news: The firm is forgiving balances in that market.

5 years ago

COMAC pushes back C919 jet's China certification target to 2021

Commercial Aircraft Corp of China (COMAC) aims to obtain Chinese certification for its C919 jet in 2021, the company said, marking a delay from a previous timetable for the jet which aims to challenge Airbus SE and Boeing planes.



5 years ago

Commerzbank's targeted rise in 2019 net profit 'ambitious'

Commerzbank on Wednesday posted net profit in the second quarter that was little changed from a year ago, helped by low taxes, but the German bank said its target for a slight increase in full-year net profit had become "significantly more ambitious".



5 years ago

Asian stocks turn lower on lingering trade war fears, yuan slips

Shares in Asia fell for an eighth straight session on Wednesday on lingering worries over the escalating U.S.-China trade war, but losses and nerves were soothed somewhat by White House assurances that it wants to press ahead with negotiations.



5 years ago

Two U.S. senators raise privacy concerns over Facebook's Messenger Kids

Democratic U.S. senators Edward Markey and Richard Blumenthal have written to Facebook Inc questioning whether there was a "worrying pattern" of poor privacy protection for children using its Messenger Kids app.



5 years ago

Glencore first-half profit misses estimates on slump in cobalt prices

Glencore Plc posted an almost one-third fall in first-half core profit on Wednesday, missing market expectations, as it was hit by a collapse in global cobalt prices that would force it to suspend production at its Mutanda mine.



5 years ago

SoftBank Group first-quarter profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit due to a leap in investing gains from the $100 billion Vision Fund.



5 years ago

Toyota turns to AI startup to accelerate goal of robots for the home

Toyota Motor Corp has designs on making robot helpers for your home, and has enlisted a Japanese startup that specializes in artificial intelligence to jump-start its plan.



5 years ago

SoftBank Group's profit blows past estimates on Vision Fund gains

Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund.



5 years ago

Tesla scrutinized by U.S. agency over Model 3 safety claims: Bloomberg

The U.S. National Highway Traffic Safety Administration (NHTSA) sent a cease-and-desist letter to Tesla Inc last year for not complying with the agency's guidelines in its Model 3 safety assertions and subpoenaed the carmaker for information on several crashes, Bloomberg reported on Tuesday.



5 years ago

Oil slips as U.S.-China trade tensions fuel demand concerns

Oil prices dipped on Wednesday as potential damage to the global economy and fuel demand from the intensifying Sino-U.S. trade dispute continued to cast a shadow over the market.



5 years ago

Oil sets new seven-month low on trade tensions

Oil prices slipped further on Wednesday, extending recent heavy losses as deepening Sino-U.S. trade tensions weighed on the outlook for the global economy and energy demand.



5 years ago

Cobalt, Africa setbacks shrink Glencore's first-half profit

Glencore reported a 32% drop in first-half core profit on Wednesday, sending its shares to their lowest since late 2016, and said it would suspend output at the world's biggest cobalt mine because of a steep fall in prices.



5 years ago