Latest News on private equity markets

Oil rises for a second day as OPEC+ weighs coronavirus action

Oil futures rose for a second day on Thursday boosted by potential OPEC+ action to counter oil demand loss from the coronavirus outbreak and by optimism that trade tensions between the world's two biggest economies were easing.



6 years ago

Britain seeking far-reaching tariff cuts in post Brexit U.S. trade deal

Britain is seeking far-reaching reductions in tariffs in a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.



6 years ago

Exclusive: China's mobile giants to take on Google's Play store - sources

China's Xiaomi, Huawei Technologies, Oppo and Vivo are joining forces to create a platform for developers outside China to upload apps onto all of their app stores simultaneously, in a move analysts say is meant to challenge the dominance of Google’s Play store.



6 years ago

Payments in high-value deals not a bribe, Mahathir says about AirAsia probe

Malaysian Prime Minister Mahathir Mohamad said on Thursday payments received to offset the costs of a high-value order could not be constituted as a bribe.



6 years ago

Total beats quarterly forecasts despite low oil price, lifts payout

Total beat forecasts on Thursday by keeping net adjusted profit for the fourth quarter steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy major's shares.



6 years ago

Toyota lifts profit outlook, mulls alternatives to China-made parts amid virus outbreak

Toyota Motor Corp nudged up its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected sales, but added the impact of the new coronavirus was hard to gauge and had not yet been factored in.



6 years ago

Google Maps seeks business, transit reviews in new look as it turns 15

Alphabet Inc's Google Maps on Thursday launched a redesign that prominently solicits users' reviews and photos of places they visit, seeking to grow its data in a field led by local search apps such as Zomato, TripAdvisor and Yelp.



6 years ago

Total beats quarterly forecasts despite low oil price, raises payout

Total beat forecasts on Thursday by keeping net adjusted fourth-quarter profit steady at $3.2 billion despite low oil prices and fulfilled a pledge to boost dividends, lifting the French energy firm's shares.



6 years ago

EU trade chief Hogan returns to Washington as auto tariffs loom

European Trade Commissioner Phil Hogan returned to Washington on Thursday for talks with U.S. counterpart Robert Lighthizer designed to improve transatlantic ties as the threat of auto tariffs looms.



6 years ago

China tariff cut buoys stocks as investors look beyond virus

Stock markets across the world rose on Thursday, buoyed by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods that emboldened bets that the global economy would avoid long-term damage from the coronavirus.



6 years ago

Exxon and Papua New Guinea should return to LNG negotiating table, says Total CEO

Exxon Mobil Corp and the Papua New Guinea government must return to the negotiating table so that a $13 billion expansion of gas production can proceed, the head of French oil major Total , a partner in the plan, said on Thursday.



6 years ago

Deutsche Bank shares soar after new shareholder steps in

Deutsche Bank on Thursday revealed that Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany's largest bank which has been hit by losses and misconduct scandals.



6 years ago

Asia stocks rise, oil rebounds but China virus toll mounts

Asian stocks steadied on Wednesday as Chinese shares moved higher on hopes of additional stimulus to cushion the economic blow from a coronavirus outbreak, but risks remain as the illness continued to spread and the death toll neared 500.



6 years ago

GM rolls back 'radical' plan to offer only three-cylinder engines in some China cars: sources

General Motors is backtracking on an aggressive promotion of three-cylinder engines in China that saw some Buick and Chevrolet models offered only in that option - a move which proved highly unpopular and helped sales slide, people familiar with matter said.



6 years ago

Intel bets on smart buildings in Israel to attract tech talent

Intel Corp is investing heavily in "smart buildings" in Israel that will be full of perks to keep employees happy, helping the U.S. chipmaker compete for the country's top professionals.



6 years ago