Latest News on private equities market

For economists and investors, the globe hasn't been this confusing in at least three decades

The Economic Policy Uncertainty Index hit its second-highest level of all time, 340, in June.

7 years ago
Sprint loses fewer-than-expected phone subscribers, shares rise

Sprint loses fewer-than-expected phone subscribers, shares rise

Sprint Corp on Friday reported fewer-than-expected losses in quarterly net phone subscribers who pay a monthly bill, as the U.S. wireless carrier's cheaper plans helped it retain customers amid its pending merger with larger rival T-Mobile US .



7 years ago
Apple halts Siri response grading program after privacy concerns

Apple halts Siri response grading program after privacy concerns

Apple Inc said on Friday it suspended its global program where it analyzed recordings from users interacting with its voice assistant Siri, after some privacy concerns were raised about the program.



7 years ago
Exclusive: Foxconn eyes sale of $8.8 billion China plant amid trade war woes - sources

Exclusive: Foxconn eyes sale of $8.8 billion China plant amid trade war woes - sources

Taiwan's Foxconn is exploring the sale of its new $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's tariffs jolt global stocks, spark rush to safer assets

Trump's tariffs jolt global stocks, spark rush to safer assets

Global stocks took a beating on Friday, with investors piling into safe-haven assets but oil prices recouped some losses after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.



7 years ago
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
Trump tariff salvo batters European stocks, sparks bond rally

Trump tariff salvo batters European stocks, sparks bond rally

European stocks posted their biggest drop of 2019 on Friday and German bond yields hit record lows after U.S. President Donald Trump fired his latest trade war salvo at China, jolting markets and sparking a frenzied bid for safe-haven assets.



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