Latest News on private equities market

Tesla considers raising prices in China from September: sources

Tesla considers raising prices in China from September: sources

U.S. electric vehicle maker Tesla Inc is considering lifting its prices in China from September amid yuan-related uncertainty, two people familiar with the matter said.



7 years ago
Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son

Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son

SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision Fund.



7 years ago
SoftBank's profit blows past estimates on Vision Fund gains

SoftBank'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.



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

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.



7 years ago
Oil sets new seven-month low on trade tensions

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.



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

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.



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

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.



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

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.



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

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.



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

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.



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

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.



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

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.



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

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.



7 years ago
Commerzbank's targeted rise in 2019 net profit 'ambitious'

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".



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

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.



7 years ago