Latest News on private equities market

Hasbro sales beat on higher demand for 'Avengers: Endgame' toys

Hasbro sales beat on higher demand for 'Avengers: Endgame' toys

Toymaker Hasbro Inc reported a better-than-expected quarterly revenue on Tuesday, helped by higher demand for action toys following the blockbuster success of "Avengers: Endgame" and "Spider-Man: Far From Home".



7 years ago
Oil edges further above $63 on Mideast tensions

Oil edges further above $63 on Mideast tensions

Oil edged further above $63 a barrel on Tuesday, supported by rising tensions in the Middle East after Iran's seizure of a British tanker last week, although signs of faltering demand capped gains.



7 years ago
Carmakers drive Europe higher, Johnson batters sterling

Carmakers drive Europe higher, Johnson batters sterling

A wave of central bank easing and positive soundings from the earnings season buoyed world stocks on Tuesday, while Britain's pound fell before the expected confirmation of hard-Brexit advocate Boris Johnson as the country's prime minister.



7 years ago
LG Display aims to diversify suppliers due to South Korea-Japan spat

LG Display aims to diversify suppliers due to South Korea-Japan spat

LG Display Co Ltd on Tuesday said it is looking to diversify its supplier base in case a diplomatic spat sees Japan extend export curbs on display-making materials bound for South Korea.



7 years ago
Oil prices gain on U.S. inventory drop, Middle East tensions

Oil prices gain on U.S. inventory drop, Middle East tensions

Oil prices rose on Wednesday, extending gains after an industry group reported a much bigger than expected drop in U.S. inventories, while the U.S. Navy said it may have downed a second Iranian drone last week.



7 years ago
Oil inches up amid Middle East tensions; frail demand outlook caps gains

Oil inches up amid Middle East tensions; frail demand outlook caps gains

Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied.



7 years ago
UBS posts surprise second quarter profit boost

UBS posts surprise second quarter profit boost

UBS on Tuesday beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an investment banking fall and boosted its Swiss retail and corporate banking business.



7 years ago
China's BAIC buys 5% Daimler stake; Daimler welcomes investment

China's BAIC buys 5% Daimler stake; Daimler welcomes investment

Beijing Automotive Group Co Ltd said on Tuesday that it had purchased a 5% stake in German luxury carmaker Daimler .



7 years ago
Warren Buffett's charity lunch with cryptocurrency entrepreneur postponed

Warren Buffett's charity lunch with cryptocurrency entrepreneur postponed

Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun's TRON Foundation.



7 years ago
ECB, Fed rate cut hopes lift stocks, sterling sags

ECB, Fed rate cut hopes lift stocks, sterling sags

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union.



7 years ago
Power traders tackle renewables puzzle in Danish 'Silicon Valley'

Power traders tackle renewables puzzle in Danish 'Silicon Valley'

Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European power markets, easing the shift to renewables with technology that also carries some risks.



7 years ago
Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook

Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook

Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied.



7 years ago
Diversity helps UBS defy banking gloom with profit rise

Diversity helps UBS defy banking gloom with profit rise

UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weakness in wealth management.



7 years ago
China's BAIC buys 5% Daimler stake to cement alliance

China's BAIC buys 5% Daimler stake to cement alliance

China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing its relationship with the German carmaker after China's Zhejiang Geely Holding emerged as a potential rival.



7 years ago
Huawei head says group can sign 'no backdoor' deal with any country: Italy paper

Huawei head says group can sign 'no backdoor' deal with any country: Italy paper

Huawei Technologies, the Chinese technology and telecoms group under pressure from the United States, is ready to sign a "no backdoor" agreement with any country, its founder told an Italian newspaper on Tuesday.



7 years ago