Latest News on private equities market

Walmart Chile to resume talks with union amid strike

Walmart Chile to resume talks with union amid strike

Walmart Chile said on Monday it would resume talks with a union of 17,000 workers who walked off the job last week amid a major push by the global retail giant to automate jobs and slash costs.



7 years ago
In makeover mode, Burberry bets on new branding to boost sales

In makeover mode, Burberry bets on new branding to boost sales

It has a hotshot new designer known for dressing Beyonce and is experimenting with monthly product launches on social media.



7 years ago
Wall Street flat as Citi results weigh on bank shares

Wall Street flat as Citi results weigh on bank shares

Wall Street's three main indexes eased from their record highs on Monday as bank stocks turned lower after the third largest U.S. lender, Citigroup, reported a squeeze in interest margins.



7 years ago
Goldman banker highlights Morgan Stanley's Hong Kong IPO woes

Goldman banker highlights Morgan Stanley's Hong Kong IPO woes

A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse on Friday of Budweiser APAC's $9.8 billion initial public offering, according to an internal email seen by Reuters.



7 years ago
7 years ago
Chinese data reassures, Citi starts earnings torrent

Chinese data reassures, Citi starts earnings torrent

Surprisingly upbeat economic soundings from China pushed world shares toward an 18-month high and steered the Aussie dollar upwards on Monday, as Citigroup delivered Wall Street's first heavyweight beat of the new earnings season.



7 years ago
Symantec, Broadcom cease deal negotiations: CNBC

Symantec, Broadcom cease deal negotiations: CNBC

Cybersecurity company Symantec Corp and chipmaker Broadcom Inc have ceased deal negotiations, CNBC reported on Monday, citing sources.



7 years ago
Wall St opens at record highs as earnings season kicks off

Wall St opens at record highs as earnings season kicks off

Wall Street's main indexes opened at record highs on Monday as second-quarter corporate earnings got off to an upbeat start with results from the third largest U.S lender, Citigroup, beating expectations.



7 years ago
Oil prices rise on Chinese economic data

Oil prices rise on Chinese economic data

Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country's slowest quarterly economic growth in decades.



7 years ago

UBS downgrades GE after 42% runup this year: 'Taking a breather'

UBS lowers its rating on shares of General Electric to neutral from buy.

7 years ago
Huawei to invest $3.1 billion in Italy but calls for fair policy on 5G: country CEO

Huawei to invest $3.1 billion in Italy but calls for fair policy on 5G: country CEO

China's Huawei Technologies said it will invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure the "transparent, efficient and fair" use of its 'golden power' on 5G network development.



7 years ago
Asian shares tick up, U.S. data, earnings in focus ahead of Fed

Asian shares tick up, U.S. data, earnings in focus ahead of Fed

Asian shares inched up on Tuesday as traders awaited U.S. retail sales data and more corporate earnings to gauge the health of the world's biggest economy, with markets remaining focused on a likely U.S. rate cut by the end of the month.



7 years ago
Encouraging Chinese data pulls Asian shares higher

Encouraging Chinese data pulls Asian shares higher

Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world's second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing.



7 years ago
PSA sales slide on emerging-market setbacks

PSA sales slide on emerging-market setbacks

French carmaker PSA Group's vehicle sales fell 12.8% in the first half as emerging markets weighed on its overseas business, challenging the trajectory of the Peugeot manufacturer's recovery.



7 years ago
China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen

China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen

China's economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure.



7 years ago