Latest News on private equities market

Amazon in talks with India's Reliance Retail for stake purchase: sources

Amazon in talks with India's Reliance Retail for stake purchase: sources

Amazon.com Inc is in talks with Reliance Industries Ltd's retail unit to buy a stake in India's biggest brick-and-mortar retailer, two sources with knowledge of the talks told Reuters on Friday.



7 years ago
Chevron profit rises 26.3% on higher output

Chevron profit rises 26.3% on higher output

Chevron Corp reported a 26.3% rise in quarterly profit on Friday, as higher production more than offset lower crude oil and natural gas prices and a rise in expenses.



7 years ago
Exclusive: EU to block Novelis, Aleris deal unless concessions offered - sources

Exclusive: EU to block Novelis, Aleris deal unless concessions offered - sources

EU antitrust regulators will block Novelis' [NVLXC.UL] $2.6 billion bid for steel processor Aleris [TXPACA.UL] if the U.S. aluminum producer does not offer concessions by Aug. 9, people familiar with the matter said.



7 years ago
Oil prices rebound more than 2% after plunge on Trump's tariff vow

Oil prices rebound more than 2% after plunge on Trump's tariff vow

Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump's threat to impose more tariffs on Chinese imports.



7 years ago

Exxon Mobil earnings beat, shares jump 2%

Exxon Mobil reported second-quarter results that beat analyst expectations, sending the company's stock up more than 2% in the premarket.

7 years ago
Trump tariff threat hits Wall Street for second day

Trump tariff threat hits Wall Street for second day

U.S. stock index futures slid on Friday, after an escalation in trade tensions with China renewed fears of a global economic slowdown, ahead of a closely watched jobs report.



7 years ago
Exclusive: Full restart of Codelco's Chuquicamata smelter delayed until end of October - sources

Exclusive: Full restart of Codelco's Chuquicamata smelter delayed until end of October - sources

(This Aug. 1 story corrects to show that the smelter is ramping up; adds Codelco statement)



7 years ago
Exxon's U.S. refineries suffer greater outages in second quarter over year ago, data shows

Exxon's U.S. refineries suffer greater outages in second quarter over year ago, data shows

Exxon Mobil Corp 's U.S. second-quarter refining profits bounced back from a loss earlier this year but remain below past levels in part because of a wave of production outages, according to an examination of data from Reuters and energy industry intelligence service Genscape.



7 years ago
7 years ago
Fed, trade confusion upending Wall Street investment playbooks

Fed, trade confusion upending Wall Street investment playbooks

As Federal Reserve Chair Jerome Powell on Wednesday described why the central bank's interest rate cut should not be seen as the start of a lengthy easing cycle, the U.S. stock market was losing value at a rate of over $25 billion a minute.



7 years ago
Ferrari core earnings rise but shares slide after no upgrade to guidance

Ferrari core earnings rise but shares slide after no upgrade to guidance

Shares in Ferrari went into reverse on Friday as the Italian luxury carmaker failed to lift its guidance for 2019 despite strong results in the first part of the year.



7 years ago
China warns of retaliation after Trump threatens fresh tariffs

China warns of retaliation after Trump threatens fresh tariffs

China on Friday said it would not be blackmailed and warned of retaliation after U.S. President Donald Trump vowed to slap a 10% tariff on $300 billion of Chinese imports from next month, sharply escalating a trade dispute between the world's biggest economies.



7 years ago
Oil prices regain ground after plunge on Trump's tariff vow

Oil prices regain ground after plunge on Trump's tariff vow

Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump's vow to impose more tariffs on Chinese imports.



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