Latest News on private equities market

Thomson Reuters sales rise 9%, raises outlook

Thomson Reuters Corp on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.



5 years ago

Britain's LSE agrees $27 billion Refinitiv deal to form data giant

London Stock Exchange said on Thursday it had agreed to buy financial information firm Refinitiv in a $27 billion deal that will transform the British company into a market data and analytics giant.



5 years ago

Hugo Boss pares outlook due to tough U.S. market

Hugo Boss expects full-year sales and earnings to come in at the lower end of its forecasts due to challenges in the U.S. market, despite strong sales growth in China, the German fashion house said on Thursday.



5 years ago

BMW second quarter hit by rising costs of manufacturing, emissions

BMW stuck to its outlook even as second-quarter earnings fell 20%, hit by currency headwinds and the rising cost of manufacturing electric and hybrid cars to help the carmaker meet stricter emissions limits.



5 years ago

South Korean chip giants face 'strangling' from Japanese export curbs

South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.



5 years ago

Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.



5 years ago

Asian shares tumble, dollar firms as Fed scotches big rate-cut bets

Asian shares slipped to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve rattled markets by signaling that its first rate cut in more than a decade was not the start of a lengthy easing cycle.



5 years ago

Oil slips 1% after Fed signals no more rate cuts, U.S. output gains

Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress toward resolving a bitter trade dispute.



5 years ago

Amazon in early talks to buy stake in India's Reliance Retail: ET

Amazon.com Inc is in exploratory talks with Reliance Industries Ltd's retail unit to buy an up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported on Thursday.



5 years ago

Thomson Reuters raises outlook as revenue growth picks up

Thomson Reuters Corp raised its sales and core profit outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth for the second quarter, which it said was its best since 2008 and ahead of its expectations.



5 years ago

China sees intensive contact with U.S. this month ahead of September trade talks

Chinese and U.S. working teams will be in intensive contact this month to prepare "good groundwork" for the next round of face-to-face trade talks in September, the commerce ministry said on Thursday.



5 years ago

Mind your backs, dollar coming through!

The dollar charged to its highest in more than two years on Thursday after the Federal Reserve spoiled hopes of a run of U.S. interest rate cuts.



5 years ago

BMW CEO says hopes Boris Johnson will listen to business as Brexit looms

BMW's Chief Executive Harald Krueger on Thursday said he hoped that British Prime Minister Boris Johnson would consider business interests as he prepares to negotiate Britain's exit from the European Union.



5 years ago

Britain's LSE lands 'defining' $27 billion Refinitiv deal in data drive

Britain's London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and positioning the company as a competitor to Bloomberg.



5 years ago

Oil drops below $65 on Fed outlook, ample supply

Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and as rising U.S. output helped keep the market well supplied.



5 years ago