Latest News on private equities market

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
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
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
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'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
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
South Korean chip giants face 'strangling' from Japanese export curbs

South Korean chip giants face 'strangling' from Japanese export curbs

South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.



7 years ago
Boeing to change 737 MAX flight-control software to address flaw: sources

Boeing to change 737 MAX flight-control software to address flaw: sources

Boeing Co plans further changes to the software architecture of the 737 MAX flight-control system to address a flaw discovered after a test in June, two people briefed on the matter said late on Thursday.



7 years ago
Trump's tariffs jolt global stocks, trigger rush to safety

Trump's tariffs jolt global stocks, trigger rush to safety

Global stocks took another beating on Friday with investors piling into safe-haven assets 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
Senior China diplomat says more U.S. tariffs incorrect way to resolve trade dispute

Senior China diplomat says more U.S. tariffs incorrect way to resolve trade dispute

Threatening more tariffs on Chinese goods was not a correct or constructive way to resolve the U.S.-China trade dispute, senior Chinese diplomat Wang Yi said on Friday 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
Oil prices rebound after Trump trade tariffs trigger plunge

Oil prices rebound after Trump trade tariffs trigger plunge

Oil prices rose more than $1 on Friday, rebounding from their biggest falls in years after 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
Trump hits China with more tariffs, says Xi moving too slowly on trade

Trump hits China with more tariffs, says Xi moving too slowly on trade

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets.



7 years ago
Trump's tariffs jolt global stocks, lift safe-haven assets

Trump's tariffs jolt global stocks, lift safe-haven assets

Global stocks took another beating on Friday while investors piled on to safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports from next month.



7 years ago