Latest News on private equities market

Drug industry urges Canada to act early on U.S. import plan

Drug industry urges Canada to act early on U.S. import plan

Canada's main pharmaceutical lobby group has urged the government not to wait for drug shortages before responding to U.S. plans to import Canadian drugs, according to documents seen by Reuters.



7 years ago
Wall Street headed lower as yuan slide deepens trade fears

Wall Street headed lower as yuan slide deepens trade fears

U.S. stock index futures pointed to more losses on Monday as China's yuan hit its lowest in a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500's worst weekly performance of 2019.



7 years ago

Is your spouse cheating? Your tax returns may hold the secret

It's hard to hide everything from Uncle Sam — including infidelity. Here's how your tax return can tell you whether your spouse may be having an affair.

7 years ago
HSBC first-half profit rises 16%, announces $1 billion buyback

HSBC first-half profit rises 16%, announces $1 billion buyback

HSBC reported on Monday its first-half pretax profit rose 15.9% and announced a further buyback of $1 billion, defying some analysts' expectations it might pause its strategy of returning extra capital to investors.



7 years ago
Fox Corp to take over lender Credible Labs for $397 million

Fox Corp to take over lender Credible Labs for $397 million

U.S.-based consumer lender Credible Labs Inc said on Monday it had agreed to be bought out by broadcaster Fox Corp for about A$585 million ($397 million).



7 years ago
HSBC says CEO John Flint to step down

HSBC says CEO John Flint to step down

HSBC on Monday said its Chief Executive Officer John Flint, 51, will step down, saying the bank needed a change at the top to address "a challenging global environment."



7 years ago
Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.



7 years ago

New state programs, like California's, make it easier for workers to save for retirement

Millions of workers do not have access to a workplace retirement plan. Now, states like California are starting programs to help those people save for their future.

7 years ago
Japan, U.S. target broad bilateral trade deal by September: Nikkei

Japan, U.S. target broad bilateral trade deal by September: Nikkei

Japan and the United States have agreed to target a broad deal on bilateral trade by September, seeking to bridge differences of opinion over tariffs on beef and the automobile sector, the Nikkei business daily reported on Sunday.



7 years ago
How a shadow banking crisis sent India's autos sector into a tailspin

How a shadow banking crisis sent India's autos sector into a tailspin

Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two hours after its doors were opened on a recent Saturday morning - not a single customer was in sight.



7 years ago
Huawei tests smartphone with own operating system, possibly for sale this year: Chinese state media

Huawei tests smartphone with own operating system, possibly for sale this year: Chinese state media

Huawei Technologies Co Ltd is testing a smartphone equipped with Hongmeng, the company's self-developed operating system, which could potentially go on sale by the end of this year, Chinese state-media outlet Global Times reported.



7 years ago
Asian stocks skid to six-and-a-half-month lows as Sino-U.S. trade row shakes markets

Asian stocks skid to six-and-a-half-month lows as Sino-U.S. trade row shakes markets

Asian shares slid to 6-1/2-month lows on Monday and the yuan plunged as a rapid escalation in the Sino-U.S. trade war drove nervous investors to safe-havens such as the yen, bonds and gold.



7 years ago
Asian shares hit two-month lows as escalating Sino-U.S. trade row unnerves markets

Asian shares hit two-month lows as escalating Sino-U.S. trade row unnerves markets

Asian shares extended their losses on Monday as a sharp escalation in the Sino-U.S. trade war kept finiancial markets on edge, while the Japanese yen and bonds held near recent peaks as nervous investors stuck with perceived safe havens.



7 years ago
South Korea to spend $6.5 billion on R&D to cut reliance on Japanese imports

South Korea to spend $6.5 billion on R&D to cut reliance on Japanese imports

South Korea on Monday announced plans to invest about 7.8 trillion won ($6.48 billion) in research and development to foster the local production of materials and equipment over the next seven years and cut reliance on Japanese imports.



7 years ago
HSBC announces surprise exit of CEO Flint, up to $1 billion buyback

HSBC announces surprise exit of CEO Flint, up to $1 billion buyback

HSBC on Monday announced the surprise departure of Chief Executive Officer John Flint, saying the bank needed a change at the top to address "a challenging global environment", even as it posted a 16% rise in half-yearly profit.



7 years ago