Latest News on private equities market

Oil drops after poll points to slower global growth

Oil drops after poll points to slower global growth

Oil prices fell on Friday after a Reuters poll showed global economic growth is likely to slow further amid the U.S.-China trade war, although losses were limited by tensions in the Middle East.



7 years ago
In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million

In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million

A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG's glyphosate-based weed killer Roundup for their cancer to $86.7 million.



7 years ago
China suspects FedEx broke law by declining Huawei shipments: media

China suspects FedEx broke law by declining Huawei shipments: media

Chinese authorities suspect U.S. package delivery company FedEx Corp violated the law by not making shipments of goods from the tech company Huawei to their recipients, the Xinhua state news agency reported on Friday.



7 years ago
SoftBank Group announces new $108 billion Vision Fund aimed at AI

SoftBank Group announces new $108 billion Vision Fund aimed at AI

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies including Apple and Microsoft .



7 years ago
Asian shares dip on mixed U.S. earnings, euro off two-year low as ECB holds

Asian shares dip on mixed U.S. earnings, euro off two-year low as ECB holds

Asian share prices opened a tad lower on Friday on mixed U.S. earnings reports and the euro held above two-year lows struck overnight after the European Central Bank held interest rates steady, though officials said a cut was certain in September.



7 years ago
Buffett's Berkshire Hathaway raises stake in Bank of America

Buffett's Berkshire Hathaway raises stake in Bank of America

Warren Buffett's Berkshire Hathaway has raised its stake in Bank of America Corp , the company said in a regulatory filing on Thursday.



7 years ago
Total plans $5 billion of asset sales to future-proof business

Total plans $5 billion of asset sales to future-proof business

French energy giant Total will sell about $5 billion of assets, mostly from its exploration and production business as it sharpens its focus on low-breakeven projects that can weather weak oil prices, it said on Thursday.



7 years ago
China auto group cuts 2019 sales forecast to a 5% drop

China auto group cuts 2019 sales forecast to a 5% drop

China's biggest auto industry association has cut its sales forecast for this year due to slowing economic growth, and now expects sales to fall for the second year running.



7 years ago

Welcome to the wireless business: Analyst downgrades Dish after it wins in the T-Mobile/Sprint deal

Winning is good. That is, of course, unless you happen to "win" wireless spectrum assets from T-Mobile, according to MoffettNathanson.

7 years ago
Wall Street slides, bond yields rise on mixed earnings, ECB statement

Wall Street slides, bond yields rise on mixed earnings, ECB statement

U.S. stocks stumbled out of the starting gate and bond yields gained ground following mixed earnings and a rosier-than-expected statement from the European Central Bank's governor.



7 years ago
California, four automakers defy Trump, agree to tighten emissions rules

California, four automakers defy Trump, agree to tighten emissions rules

Four major automakers said on Thursday they have reached a voluntary agreement with the state of California on fuel efficiency rules, bypassing a Trump administration effort to strip the state of the right to fight climate change by setting its own standards.



7 years ago
Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark

Boeing 737 MAX groundings plague U.S. airlines; Southwest exits Newark

American Airlines Group Inc and Southwest Airlines Co warned on Thursday of an increasing financial toll from the prolonged Boeing 737 MAX grounding this year even as strong bookings and higher fares helped drive quarterly revenue growth.



7 years ago

Invisalign maker warns of slowdown in China, shares plummet 25%

Invisalign shipments disappointed, "primarily due to a softness in China related to a tougher consumer environment," CEO Joe Hogan says.

7 years ago
China sees 2019 auto sales down 5% year-on-year: industry association

China sees 2019 auto sales down 5% year-on-year: industry association

Auto sales in China are seen falling 5% year-on-year to 26.68 million units in 2019, the country's top industry association said.



7 years ago

Honda drivers can now get Amazon parcels delivered to the trunk of their car

Honda is the latest car company to utilize the "in-car" delivery system.

7 years ago