Latest News on private equities market

Stock futures slightly higher ahead of Citi results

Stock futures slightly higher ahead of Citi results

U.S. stock futures extended last week's gains to trade slightly higher on Monday in the run up to the start of second-quarter earnings reports, beginning with Citigroup.



7 years ago

UBS downgrades GE after 42% run-up this year: 'Taking a breather'

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

7 years ago
Trump sees slowing Chinese growth pressuring Beijing on trade

Trump sees slowing Chinese growth pressuring Beijing on trade

U.S. President Donald Trump on Monday pointed to slowing economic growth in China amid restarted trade talks, saying U.S. tariffs were having "a major effect" and warning that "possibly much more" were to come.



7 years ago
Oil prices edge higher on Chinese economic data

Oil prices edge higher on Chinese economic data

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



7 years ago
Oklahoma, J&J to wrap up first trial over opioid crisis

Oklahoma, J&J to wrap up first trial over opioid crisis

Oklahoma's attorney general is expected on Monday to urge a judge to find Johnson & Johnson responsible for flooding the market with painkillers and fueling the U.S. opioid epidemic, as the first trial in nationwide litigation over the drug crisis comes to an end.



7 years ago
Gilead invests $5 bln to deepen ties with biotech Galapagos

Gilead invests $5 bln to deepen ties with biotech Galapagos

U.S. antiviral drugmaker Gilead Sciences will invest $5.1 billion in a major expansion of its partnership with Belgo-Dutch biotech Galapagos NV , news that lifted Galapagos's shares 18 percent to an all-time high on Monday.



7 years ago
Reassuring Chinese data nudges shares higher

Reassuring Chinese data nudges shares higher

Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an 18-month high and steering the Aussie dollar and copper upwards.



7 years ago
Hold the beers: Budweiser APAC IPO hit by investor push-back

Hold the beers: Budweiser APAC IPO hit by investor push-back

Scepticism over AB InBev's high valuations doomed Budweiser APAC's IPO of up to $9.8 billion - poised to be the world's biggest this year - investors and bankers said, putting would-be floats on notice that careful pricing remains key to success.



7 years ago
Oil prices nudge up on Chinese economic data

Oil prices nudge up on Chinese economic data

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



7 years ago
Sports Direct delays results as House of Fraser deal backfires

Sports Direct delays results as House of Fraser deal backfires

British retailer Sports Direct has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in December.



7 years ago
Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin.



7 years ago
Amazon workers in Germany strike over pay, Verdi union says

Amazon workers in Germany strike over pay, Verdi union says

More than 2,000 workers at seven Amazon sites across Germany have gone on strike over pay for at least two days, labor union Verdi said on Monday.



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