Latest News on private equities market

Oracle CEO Mark Hurd takes medical leave; first-quarter revenue misses

Oracle CEO Mark Hurd takes medical leave; first-quarter revenue misses

Oracle Corp said on Wednesday Chief Executive Officer Mark Hurd would be taking a medical leave, and the business software maker posted first-quarter revenue that missed Wall Street expectations.



7 years ago
Top U.S. trade official submits USMCA ideas to Democrats: lawmakers

Top U.S. trade official submits USMCA ideas to Democrats: lawmakers

The Trump administration on Wednesday sent U.S. House of Representatives Democrats its latest proposals for addressing legislators' concerns about the new U.S.-Mexico-Canada trade deal, lawmakers and congressional sources said.



7 years ago
ECB to turn stimulus taps back on to prop up ailing economy

ECB to turn stimulus taps back on to prop up ailing economy

The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.



7 years ago
Trump: U.S. agrees to delay tariff hike on some Chinese goods by two weeks

Trump: U.S. agrees to delay tariff hike on some Chinese goods by two weeks

U.S. President Donald Trump said on Wednesday the United States has agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 "as a gesture of good will."



7 years ago
Factbox: Key ECB policymaker comments ahead of Thursday's rate meeting

Factbox: Key ECB policymaker comments ahead of Thursday's rate meeting

The following are key comments by European Central Bank policymakers ahead of the Thursday's policy meeting, which is expected to approve a fresh stimulus package to prop up growth.



7 years ago
Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion

Yahoo Japan bids for control of fashion e-tailer Zozo for $3.7 billion

Yahoo Japan Corp on Thursday offered to buy the majority of online fashion retailer Zozo Inc for 400 billion yen ($3.70 billion), to better compete against rivals Amazon.com Inc and Rakuten Inc .



7 years ago
Hong Kong exchange shares fall after $39 billion takeover bid for LSE

Hong Kong exchange shares fall after $39 billion takeover bid for LSE

Hong Kong Exchanges and Clearing Ltd (HKEX) shares fell more than 3% on Thursday as investors weighed the merits of its $39 billion takeover approach to London Stock Exchange Plc (LSE) , a deal that would make it a global giant.



7 years ago
Explainer: Advertising executives point to five ways Google stifles business

Explainer: Advertising executives point to five ways Google stifles business

U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year advertising business.



7 years ago
Hong Kong exchange falls over 3% after $39 billion takeover bid for LSE

Hong Kong exchange falls over 3% after $39 billion takeover bid for LSE

Hong Kong Exchanges and Clearing Ltd (HKEX) shares fell more than 3% on Thursday after the bourse unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday.



7 years ago
U.S., China grant trade concessions as fresh talks loom

U.S., China grant trade concessions as fresh talks loom

U.S. President Donald Trump on Wednesday welcomed China's decision to exempt some U.S. anti-cancer drugs and other goods from its tariffs and announced a short delay to scheduled tariff hikes on billions worth of Chinese goods.



7 years ago
Harley Davidson to lay off 40 employees in Wisconsin

Harley Davidson to lay off 40 employees in Wisconsin

Harley-Davidson Inc has laid off 40 employees at its general merchandise division in Milwaukee as part of a restructuring exercise, according to a company official with knowledge of the matter.



7 years ago
Asian stocks hit six-week high on trade war hopes ahead of ECB

Asian stocks hit six-week high on trade war hopes ahead of ECB

Asian stocks hit a six-week high on Thursday on hopes for a thaw in U.S.-China trade frictions and expectations that the European Central Bank would kick off another wave of monetary easing by global central banks.



7 years ago
Cathay Pacific freezes new hiring, to focus on cost cuts: memo

Cathay Pacific freezes new hiring, to focus on cost cuts: memo

Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in demand from fliers avoiding Hong Kong amid massive anti-government protests in the city.



7 years ago
Hong Kong exchange set to fall 3.3% after $39 billion takeover bid for LSE

Hong Kong exchange set to fall 3.3% after $39 billion takeover bid for LSE

Shares of Hong Kong Exchanges and Clearing Ltd (HKEX) were set to fall 3.3% on Thursday after the bourse unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday.



7 years ago
GE begins divestment of Baker Hughes with $2.7 billion share sale

GE begins divestment of Baker Hughes with $2.7 billion share sale

General Electric Co (GE) on Wednesday said it plans to reduce its ownership in oil and gas company Baker Hughes A GE Co to 38.4% from 50.4% at June-end, and aims to raise $2.7 billion in the process.



7 years ago