Latest News on private equities market

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica sets sights on retail dominance with $8 billion GrandVision deal

EssilorLuxottica is buying Dutch opticians group GrandVision for up to 7.2 billion euros ($8 billion) in cash to take control of thousands of stores where it sells spectacles and lenses.



7 years ago
General Electric posts loss, cash flow takes Boeing hit

General Electric posts loss, cash flow takes Boeing hit

General Electric Co swung back to a financial loss in the second quarter, as the restructuring of its ailing power business drained more cash than expected from its otherwise profitable industrial unit.



7 years ago
Getting under the hood of Amazon’s auto ambitions

Getting under the hood of Amazon’s auto ambitions

Amazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car.



7 years ago
China says discussed purchase of U.S. agricultural goods in latest talks

China says discussed purchase of U.S. agricultural goods in latest talks

Chinese and U.S. trade negotiators discussed the purchase of U.S. agricultural goods during trade talks this week and will meet again in the United States in September, the commerce ministry said on Wednesday.



7 years ago
Spotify reports bigger-than-expected loss, paid subscribers disappoint

Spotify reports bigger-than-expected loss, paid subscribers disappoint

Spotify Technology SA on Wednesday posted bigger-than-expected quarterly losses as it added fewer paid subscribers than estimated.



7 years ago
Carlyle to give shareholders a vote in switch to corporation

Carlyle to give shareholders a vote in switch to corporation

Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first U.S. private equity firm to hold shareholder votes.



7 years ago
Lloyds Bank plays down Brexit fears as mis-selling charge hits profits again

Lloyds Bank plays down Brexit fears as mis-selling charge hits profits again

Lloyds Banking Group played down mounting concerns about Britain's Brexit crisis as it missed first-half profit forecasts due to a much larger than expected charge for mis-selling insurance.



7 years ago
Amazon buys Israeli startup E8 Storage: source

Amazon buys Israeli startup E8 Storage: source

Amazon has bought Israeli storage technology startup E8 Storage, a source familiar with the deal said on Wednesday.



7 years ago
Oil rises for fifth session as stockpiles fall and market awaits Fed

Oil rises for fifth session as stockpiles fall and market awaits Fed

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago.



7 years ago
Increasingly cautious global funds build cash buffer; cut equities: Reuters poll

Increasingly cautious global funds build cash buffer; cut equities: Reuters poll

"More caution" was the mantra of global fund managers in July, with recommended equity allocations cut to the lowest since early 2017 and suggested cash holdings increased to the highest in five months, a Reuters poll showed.



7 years ago
Aston Martin shares plunge to new low as carmaker slumps to half-year loss

Aston Martin shares plunge to new low as carmaker slumps to half-year loss

Shares in Aston Martin plunged 17% to a post-flotation low on Wednesday after the luxury British carmaker slumped to a half-year loss, the latest automotive firm to be hit by falling demand in Europe.



7 years ago
China accuses U.S. of flip-flopping in trade negotiations

China accuses U.S. of flip-flopping in trade negotiations

China's foreign ministry said on Wednesday that the United States was to blame for flip-flopping in bilateral trade negotiations over the past year, after comments from U.S. President Donald Trump warning Beijing against stalling talks.



7 years ago
Brexit and subsidy row cloud strong Airbus profits

Brexit and subsidy row cloud strong Airbus profits

Airbus urged European governments to step up plans for a "likely" no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe's largest planemaker.



7 years ago
China probes small bank shareholdings as risk worries persist

China probes small bank shareholdings as risk worries persist

China is sharpening its scrutiny of small banks' shareholders amid fears that loans from the lenders to big investors could prove a weak point in the country's financial system, jolted by the state's weekend rescue of one lender and recent takeover of another.



7 years ago
After $6 billion M&A spree, insurer FWD eyes China foray ahead of IPO

After $6 billion M&A spree, insurer FWD eyes China foray ahead of IPO

Fast-growing insurer FWD is seeking to launch operations in China ahead of a public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the region's insurance sector.



7 years ago