Latest News on private equities market

South Korea court ruling raises chance of Samsung heir's return to jail

South Korea court ruling raises chance of Samsung heir's return to jail

South Korea's Supreme Court on Thursday ruled that a bribery case against the heir of the Samsung Group should be reviewed by a lower court, raising the possibility of a tougher sentence and potential return to jail.



7 years ago
Jeweller Pandora aims to regain sparkle after LA relaunch

Jeweller Pandora aims to regain sparkle after LA relaunch

Danish jewellery maker Pandora is stepping up efforts to win back shoppers with a brand relaunch in Los Angeles, plus new themed collections based on Harry Potter and Walt Disney's Frozen and a revamp of its stores.



7 years ago
Tencent scraps plan to invest $150 million in Chinese education firm VIPKid: sources

Tencent scraps plan to invest $150 million in Chinese education firm VIPKid: sources

Tencent has shelved plans to invest about $150 million to lead a fresh fundraising round for a Chinese education firm VIPKid, two people familiar with the matter said, as Beijing moved to tighten oversight of online education platforms.



7 years ago
Sony in $760 million Olympus stake sale after investor Loeb's prodding

Sony in $760 million Olympus stake sale after investor Loeb's prodding

Sony Corp is selling its 5% stake in Olympus Corp back to the Japanese medical equipment maker for 80.4 billion yen ($762.88 million), a move that Daniel Loeb's activist hedge fund Third Point LLC had called for.



7 years ago
Europe cheers Italy pact, bond bulls pause for breath

Europe cheers Italy pact, bond bulls pause for breath

Signs that Italy's latest political drama was over and hopeful noises from Beijing in the trade war pushed Europe's share markets higher on Thursday and paused the relentless steamrollering of global bond yields.



7 years ago

This app makes clearing US airport immigration and customs a breeze

Mobile Passport lets travelers clear U.S. immigration by submitting documents via a smartphone or tablet before arrival at checkpoints.

7 years ago
AirAsia close to announcing adjustment to Airbus plane orders: sources

AirAsia close to announcing adjustment to Airbus plane orders: sources

AirAsia Group Bhd plans to announce an adjustment to its large order book for Airbus airliners on Friday, confirming at least part of its order for A330neos while making room for the A321XLR model, two people familiar with the matter said.



7 years ago
Best Buy misses quarterly same-store sales estimates

Best Buy misses quarterly same-store sales estimates

Best Buy Co Inc reported a smaller-than-expected rise in quarterly same-store sales on Thursday, as the biggest U.S. consumer electronics retailer sold fewer video game consoles and other entertainment products.



7 years ago
Argentine bonds plumb new lows as government eyes extending debt maturities

Argentine bonds plumb new lows as government eyes extending debt maturities

Argentina's international dollar bonds fell to new record lows on Thursday and its debt-insurance costs rocketed after the government announced plans to "reprofile" some debt, leaving investors scrambling to assess what kind of hit they might face.



7 years ago
Shares rally, bond yields rise as China fuels trade deal hopes

Shares rally, bond yields rise as China fuels trade deal hopes

U.S. and European shares advanced on Thursday as China struck a hopeful tone on trade relations with the United States and as Italy appeared close to forming a new government and resolving its political crisis.



7 years ago
Argentine bond prices fall, country risk soars on debt 'reprofiling' plan

Argentine bond prices fall, country risk soars on debt 'reprofiling' plan

Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005 after the government announced plans to extend maturities on about $100 billion in debt, raising fear of a full-blown financial crisis.



7 years ago
Oil dips after three days of gains

Oil dips after three days of gains

Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the U.S.-China trade war keeping prices in check.



7 years ago
Huawei under probe by U.S. prosecutors over new allegations: WSJ

Huawei under probe by U.S. prosecutors over new allegations: WSJ

U.S. prosecutors are investigating new instances of alleged technology theft by Chinese telecommunication equipment maker Huawei Technologies Co Ltd, the Wall Street Journal reported on Thursday, citing people familiar with the matter.



7 years ago
Wall Street rallies after China trade comments

Wall Street rallies after China trade comments

U.S. stocks rallied more than 1% on Thursday, buoyed by gains in the trade-sensitive technology and industrial sectors as China expressed hope on trade negotiations with the United States, easing concerns that rising tensions could stoke a recession.



7 years ago
Dell beats revenue estimates

Dell beats revenue estimates

Dell Technologies Inc marginally beat Wall Street estimates for revenue on Thursday, boosted by higher sales of its personal computers and cloud services.



7 years ago