Latest News on private equities market

Dell beats profit estimates on higher desktop sales; shares rise 9%

Dell beats profit estimates on higher desktop sales; shares rise 9%

Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable contracts within its server unit in China, sending the company's shares up 9% in extended trading.



7 years ago
Signs of new U.S.-China trade discussions emerge as increased tariffs loom

Signs of new U.S.-China trade discussions emerge as increased tariffs loom

The United States and China gave signs on Thursday that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional U.S. tariffs.



7 years ago
Oil prices dip but set for solid weekly gains

Oil prices dip but set for solid weekly gains

Oil took a breather on Friday after three days of solid gains, but was set for its strongest week since early July, boosted by a decline in U.S inventories and a looming hurricane in Florida, while new signs of trade talks emerged.



7 years ago
SK Innovation intensifies LG Chem feud with EV battery patent lawsuit

SK Innovation intensifies LG Chem feud with EV battery patent lawsuit

A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV).



7 years ago

US surfboard maker catches a break in ongoing trade war

Making surfboards is a dying craft in California. But at least one surfboard maker hopes the tide will turn once Trump's latest tariffs take effect.

7 years ago
Asian shares at one-week top on conciliatory trade tone, stimulus hopes

Asian shares at one-week top on conciliatory trade tone, stimulus hopes

Asian shares jumped to a one-week high on Friday as the United States and China returned to the negotiating table to resolve their tariff dispute and on hopes central banks and governments will do more to avert a global growth slowdown.



7 years ago
S&P slashes Argentina's long-term debt three notches on maturity extension plan

S&P slashes Argentina's long-term debt three notches on maturity extension plan

Standard & Poors announced on Thursday that it was slashing Argentina's long-term credit rating another three notches into the deepest area of junk debt, saying the government's plan to "unilaterally" extend maturities had triggered a brief default.



7 years ago
Tesla raises prices for some vehicles in China

Tesla raises prices for some vehicles in China

U.S. electric vehicles maker Tesla Inc said on Friday it had raised prices for some vehicles in China, a decision that comes as the Chinese yuan trades at its weakest levels in more than 10 years.



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
UBS hires former Credit Suisse star Khan as part of broader shakeup

UBS hires former Credit Suisse star Khan as part of broader shakeup

Switzerland's biggest bank UBS on Thursday appointed former Credit Suisse manager Iqbal Khan to co-lead its flagship wealth management business, as part of a broader shake-up of its executive board.



7 years ago
China hopes U.S. will create conditions necessary for September trade talks

China hopes U.S. will create conditions necessary for September trade talks

China and the United States are discussing the next round of face-to-face trade talks scheduled in September, but hopes for progress hinge on whether Washington can create favorable conditions, China's commerce ministry said on Thursday.



7 years ago
China discussing September trade talks with U.S.: commerce ministry

China discussing September trade talks with U.S.: commerce ministry

China and the United States are discussing face-to-face trade talks that were scheduled to be held in the United States in September, China's Commerce Ministry said on Thursday.



7 years ago
UBS reshuffles C-suite with Credit Suisse star Khan, Citi vet Harford

UBS reshuffles C-suite with Credit Suisse star Khan, Citi vet Harford

The world's largest wealth manager UBS on Thursday appointed former Credit Suisse manager Iqbal Khan and Citigroup veteran Suni Harford as new wealth and asset management executives.



7 years ago