Latest News on private equities market

Wall Street slightly lower as Citi results weigh on bank stocks

Wall Street slightly lower as Citi results weigh on bank stocks

Wall Street's three main indexes edged lower in choppy trade on Monday, easing from record highs, as declines in Boeing and bank stocks after Citigroup's quarterly report were tempered by a rise in healthcare shares.



7 years ago
LVMH pairs with Stella McCartney, igniting fashion rivalries

LVMH pairs with Stella McCartney, igniting fashion rivalries

French luxury goods group LVMH on Monday announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership the conglomerate's arch-rival Kering .



7 years ago
U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday

U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday

U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said.



7 years ago
China churns out record daily steel output in June - Reuters calculation

China churns out record daily steel output in June - Reuters calculation

China's daily crude steel output rose to record levels in June, according to Reuters calculations, even as anti-pollution production curbs pushed whole-month production slightly lower, official data showed on Monday.



7 years ago

Here's what to buy during Amazon Prime Day's final hours

Prime Day has become one of the biggest shopping events of the year, but some discounts are better than others.

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
Hold the beers: Budweiser APAC IPO fail shows valuations face investor push-back

Hold the beers: Budweiser APAC IPO fail shows valuations face investor push-back

By Julie Zhu, Joshua Franklin, Abhinav Ramnarayan and Philip Blenkinsop



7 years ago
Slower China GDP growth nudges oil prices lower

Slower China GDP growth nudges oil prices lower

Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world's largest crude oil importer.



7 years ago
China June crude oil throughput rises to record on new plants

China June crude oil throughput rises to record on new plants

China's crude oil throughput rose to a record in June, up 7.7% from a year earlier, following the start-up of two new, large refineries, official data showed on Monday.



7 years ago
Sports Direct delays results, guidance could be affected

Sports Direct delays results, guidance could be affected

Sports Direct has delayed the publication of its preliminary results due to problems integrating House of Fraser and increased scrutiny of its accounts which could affect its guidance.



7 years ago
China's Xiaomi continues chip strategy revamp with investment in semiconductor designer

China's Xiaomi continues chip strategy revamp with investment in semiconductor designer

China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.



7 years ago
China home price growth cools in June, but investment quickens

China home price growth cools in June, but investment quickens

Growth in China's new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth.



7 years ago