Latest News on private equities market

Honda first-quarter operating profit drops 16% on lower U.S. car sales

Honda first-quarter operating profit drops 16% on lower U.S. car sales

Japan's Honda Motor Co reported a 16% drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped.



7 years ago
Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 billion

Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 billion

Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt.



7 years ago
Toyota trims full-year profit forecast as yen overshadows solid first-quarter

Toyota trims full-year profit forecast as yen overshadows solid first-quarter

Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years.



7 years ago
U.S. employment growth seen slowing in July; wage gains steady

U.S. employment growth seen slowing in July; wage gains steady

U.S. job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaining their moderate pace of increase, which could boost market expectations for another interest rate cut from the Federal Reserve next month.



7 years ago
Exclusive: Foxconn exploring sale of $8.8 billion display plant in China - sources

Exclusive: Foxconn exploring sale of $8.8 billion display plant in China - sources

Taiwan's Foxconn is exploring the sale of its upcoming $8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying U.S.-China trade war.



7 years ago
Trump hits China with more tariffs, sharply escalating trade dispute

Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world's largest economies and jolting financial markets.



7 years ago
Toyota posts 8.7% rise in first-quarter operating profit, boosted by better sales

Toyota posts 8.7% rise in first-quarter operating profit, boosted by better sales

Toyota Motor Corp posted on Friday an 8.7% rise in first-quarter profit due to a slight increase in global vehicle sales and an improvement in marketing costs



7 years ago
Exchange operator Cboe's profit rises 6.3%

Exchange operator Cboe's profit rises 6.3%

Cboe Global Markets Inc reported a 6.3% rise in quarterly profit on Friday, helped by an increase in revenue from options and futures trade.



7 years ago
Google to allow Android users in Europe choose default search engine

Google to allow Android users in Europe choose default search engine

Google will let Android device users in Europe choose their default search engine from four options, including Google search, the U.S. company said, as it tries to quash EU antitrust concerns and stave off fresh penalties.



7 years ago
Stronger yen prompts Toyota to trim profit forecast, saps Honda

Stronger yen prompts Toyota to trim profit forecast, saps Honda

Toyota Motor Corp cut its full-year profit forecast and Honda Motor Co reported a double-digit decline in quarterly profit as a resurgent yen hurt two of Japan's biggest automakers.



7 years ago
China says to take countermeasures if U.S. bent on putting tariffs on Chinese goods

China says to take countermeasures if U.S. bent on putting tariffs on Chinese goods

China will have to take countermeasures if the United States is bent on putting more tariffs on Chinese goods, the Chinese foreign ministry said on Friday.



7 years ago
IAG says it hopes to bring forward first MAX delivery to 2022

IAG says it hopes to bring forward first MAX delivery to 2022

British Airways owner IAG is in talks with Boeing to bring forward the first delivery of 200 737 MAX jets by a year to 2022, and said it was confident that the issues that led to its grounding would be addressed.



7 years ago
Oil prices regain ground after overnight plunge on tariffs

Oil prices regain ground after overnight plunge on tariffs

Oil prices rose around 2% on Friday, regaining ground after the biggest falls in years as U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between the world's two biggest economies and crude consumers.



7 years ago
First U.S. FAA-approved 'beyond-line-of-sight' drone flight completed

First U.S. FAA-approved 'beyond-line-of-sight' drone flight completed

The U.S. Federal Aviation Administration said on Friday it had approved the first drone flight beyond the operator's sight line, a major advance for retailers like Amazon.com Inc seeking to speed up deliveries by drone.



7 years ago
Stocks, yields tumble as trade frictions unnerve traders

Stocks, yields tumble as trade frictions unnerve traders

A measure of stocks across the globe posted on Friday its largest weekly loss of the year while yields in U.S. and German debt were near or at multi-year lows, after China vowed to retaliate against a possible new round of U.S. tariffs.



7 years ago