Latest News on private equities market

BP says biofuel to add to rather than replace gasoline in Brazil

BP says biofuel to add to rather than replace gasoline in Brazil

BP does not expect supply from additional biofuel capacity in Brazil - where it is combining its unit with U.S. grain trader Bunge's - to replace diesel and gasoline demand, BP's head of Alternative Energy, Dev Sanyal, told Reuters.



7 years ago

A couple of analysts raise expectations for Amazon days before earnings

Two Wall Street analysts are betting big on Amazon's quarterly report later this week by hiking their price targets on the e-commerce giant.

7 years ago
Microsoft to pay criminal fine to settle U.S. anti-bribery charges

Microsoft to pay criminal fine to settle U.S. anti-bribery charges

Microsoft Corp agreed to pay about $25.3 million, including an $8.75 million criminal fine, to settle U.S. charges it violated a federal anti-bribery law by making improper payments to government officials in Hungary and other countries.



7 years ago
S&P 500 climbs toward record, marquee reports in focus

S&P 500 climbs toward record, marquee reports in focus

The S&P 500 climbed toward a record high on Monday, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon later this week.



7 years ago
Equifax consumers face uphill battle for claims

Equifax consumers face uphill battle for claims

Consumers affected by the massive Equifax Inc data breach in 2017 will not reap any windfalls from the credit reporting company's $700 million U.S. settlement announced on Monday, but may face a cumbersome process to get compensation.



7 years ago
Trump meets with tech CEOs on Huawei

Trump meets with tech CEOs on Huawei

U.S. President Donald Trump met on Monday with the chief executives of seven technology companies and he agreed with their request for timely licensing decisions from the Commerce Department on blacklisted Chinese firm Huawei Technologies, the White House said.



7 years ago
LG Display to invest $2.6 billion in OLED panel plant in South Korea

LG Display to invest $2.6 billion in OLED panel plant in South Korea

LG Display said on Tuesday that it would invest 3 trillion won ($2.6 billion) in its organic light-emitting diode (OLED) panels production line in South Korea.



7 years ago
Trump agrees to prompt responses to license requests for Huawei sales

Trump agrees to prompt responses to license requests for Huawei sales

President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make "timely" decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co Ltd, the White House said.



7 years ago
Halliburton profit exceeds analysts estimates as costs cut; shares rise

Halliburton profit exceeds analysts estimates as costs cut; shares rise

Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years.



7 years ago
Ford to upgrade Chicago plant for SUVs, hire 450 workers

Ford to upgrade Chicago plant for SUVs, hire 450 workers

Ford Motor Co said on Monday it would invest $50 million upgrading a Chicago facility to partially assemble hybrid electric SUVs and vehicles for police use, creating 450 jobs.



7 years ago
Shipping companies sue Philadelphia Energy Solutions for $600,000 in unpaid bills

Shipping companies sue Philadelphia Energy Solutions for $600,000 in unpaid bills

Three Greek shipping companies sued U.S. refiner Philadelphia Energy Solutions Inc (PES) for about $600,000, claiming the company did not pay them for fees incurred by crude oil tankers chartered earlier this year, court documents showed.



7 years ago
Philadelphia Energy Solutions shutting down remaining refinery units: source

Philadelphia Energy Solutions shutting down remaining refinery units: source

Philadelphia Energy Solutions' 335,000 barrel-per-day (bpd) refinery began permanently shutting its remaining refinery units on Monday, said a source familiar with plant operations. The shutdown will finish in a few days.



7 years ago
Fitch, Moody's cut Boeing's debt outlook to 'negative' on 737 MAX problems

Fitch, Moody's cut Boeing's debt outlook to 'negative' on 737 MAX problems

Fitch Ratings and Moody's lowered their outlooks for Boeing Co to "negative" from "stable" on Monday, citing delays in its 737 MAX jets' return to service.



7 years ago
AutoNation names new CEO, posts strong quarterly profit

AutoNation names new CEO, posts strong quarterly profit

AutoNation Inc , the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position, while posting a stronger-than-expected quarterly profit.



7 years ago
Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor

Bunge and BP team up in Brazil bioenergy venture, create No. 3 sugarcane processor

U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world's third-largest sugarcane processor.



7 years ago