Latest News on private equities market

No one on Wall Street recommends buying Beyond Meat as the last bullish analyst downgrades

Bernstein downgraded shares of Beyond Meat on valuation concerns, joining J.P. Morgan as the latest Wall Street analyst to cool on the red hot IPO.

4 years ago

Britain calls on Hong Kong to pause extradition bill, maintain rights

Britain urged the Hong Kong government to "pause and reflect" on an extradition bill that has sparked widespread protests, and said the former British colony must take steps to protect its rights, freedoms and high degree of autonomy.



4 years ago

Facebook to unveil new versions of Portal video chat devices this fall

Facebook Inc plans to release new versions of its Portal video chatting devices this fall, the company's vice president of AR/VR Andrew Bosworth said during an interview at Code Conference in Scottsdale, Arizona.



4 years ago

Uber's European rival Bolt enters London market, again

Estonia's Bolt, which until early 2019 was called Taxify, will on Tuesday re-enter the competitive London taxi market, promising cheaper rides to passengers and a better cut to drivers than its bigger global rival Uber Technologies Inc.



4 years ago

Facebook to unveil new versions of Portal video chat devices this autumn

Facebook Inc plans to release new versions of its Portal video chatting devices this autumn, the company's vice president of AR/VR, Andrew Bosworth, said during an interview at the Code Conference in Scottsdale, Arizona.



4 years ago

Asia stocks edge up on Mexico reprieve but Sino-U.S. rift caps gains

Asian stocks made modest gains on Tuesday after the Trump administration shelved plans for tariffs against Mexico, lifting Wall Street, however, fresh U.S. trade threats against China are expected to limit any major investor sentiment boost.



4 years ago

Huawei executive says goal to be world's top phone maker some time off

China's Huawei Technologies Co Ltd will need more time to become the world's largest smartphone maker, a goal it originally aimed to achieve in the fourth quarter of this year, a senior executive said on Tuesday.



4 years ago

Amazon embraces U.S. government business, despite occasional controversy

The head of Amazon.com Inc's cloud computing division on Monday said the company would work with any government agency that followed the law, in contrast with rival Microsoft Corp, which has touted its rejection of some controversial sales.



4 years ago

Citi launches co-branded credit cards with SE Asia's Grab in push for more customers

Citigroup has teamed up with Singapore-based ride-hailing firm Grab to launch co-branded credit cards, as it looks to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.



4 years ago

Fear and fervor propel Shanghai's tech board amid trade, Huawei tensions

Chinese companies and investors are lining up in spades to take part in Shanghai's new Nasdaq-style tech board, with a groundswell of patriotic support surging further after the U.S. blacklisting of telecom firm Huawei inflamed trade tensions.



4 years ago

Factbox: Some of the biggest candidates for Shanghai's new tech board

Shanghai's new Nasdaq-style Sci-tech Innovation Board has so far drawn applications from 120 companies.



4 years ago

Asia stocks gain amid Mexico reprieve, firmer Chinese shares

Asian stocks, led by Chinese shares, gained on Tuesday as markets basked in relief following the U.S. decision to hold off from imposing import tariffs on Mexico as the two governments agreed a deal to combat illegal migration from Central America.



4 years ago

Roche reshuffles board, executive posts

Swiss drugmaker Roche on Tuesday announced changes to its board and executive leadership as longtime director Peter Voser stepped down to concentrate on his expanded duties at engineering group ABB.



4 years ago

Britain's Saga links up with Goldman to tap over-50s savings

Saga, the British tourism and insurance firm for the over-50s, said on Tuesday it ways teaming up with Goldman Sachs on savings products, as part of a drive to revive its bottom line after a profit warning in April.



4 years ago

Foxconn announces leadership overhaul as chairman seeks Taiwan presidency

Apple supplier Foxconn on Tuesday announced a plan to overhaul its leadership structure in a move to allow more senior executives involved in the running of its daily operations.



4 years ago