Latest News on private equity markets

Trump, Britain's Johnson discussed 'telecommunications' after Huawei decision: White House

U.S. President Donald Trump and Britain's Prime Minister Boris Johnson "discussed critical regional and bilateral issues, including telecommunications security" in a conversation on Tuesday, White House spokesman Judd Deere said in a statement.



6 years ago

Centerview lures top French dealmakers to its new Paris hub: sources

U.S. boutique investment bank Centerview has found an office in the heart of Paris and is hiring senior bankers to establish a second European hub as Brexit looms, three sources told Reuters.



6 years ago

Wall Street rebounds as Apple surges ahead of earnings

The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak.



6 years ago

UK's Johnson tells Trump on Huawei that collaboration is needed to diversify market

Prime Minister Boris Johnson told President Trump on Tuesday that countries should work together to break the dominance of a small number of companies after Britain granted Chinese firm Huawei [HWT.UL] a limited role in its 5G mobile network.



6 years ago

Renault turns to VW's De Meo as carmaker seeks fresh start

Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the carmaker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up.



6 years ago

Pfizer profit misses estimates, revenue declines as Lyrica sales tumble

Pfizer Inc on Tuesday reported lower-than-expected quarterly profit and a decline in revenue as sales of its off-patent pain treatment Lyrica more than halved, sending its shares down more than 3%.



6 years ago

Huawei snatched market share from Apple, local rivals in China in 2019

Top Chinese smartphone maker Huawei Technologies Co Ltd thrived in 2019 at the expense of smaller Chinese rivals and Apple even as the smartphone market shrank further and consumers favored phones with 5G technology, data shows.



6 years ago

Atlantia shares rise on hopes for truce with Italian government

Atlantia shares gained more than 6% on Tuesday as comments from a minister rekindled hopes that the infrastructure group could reach a compromise with the government over its lucrative motorway concession.



6 years ago

French carmaker Renault names Luca de Meo as new CEO

French carmaker Renault on Tuesday named former Volkswagen's Seat brand executive Luca de Meo as its new chief executive, as Renault moves to create a new management in the post-Ghosn era and shore up its alliance with Nissan .



6 years ago

U.S. economy on path to 'solid' 2020 growth; budget deficits to top $1 trillion

The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion.



6 years ago

United cancels flights to China as Facebook, others avoid travel on virus fears

United Airlines Holdings Inc is cancelling some flights to China as Facebook Inc and other global companies restrict travel to the country, with concerns over a flu-like virus deepening.



6 years ago

Canada, isolated over Huawei 5G, is studying British decision

Canada, the only member of an elite intelligence-sharing network yet to decide whether to allow the use of Huawei Technologies Co Ltd 5G technology, on Tuesday said it was studying Britain's decision not to ban the Chinese telecoms giant from the West's next-generation communications.



6 years ago

Renault says will reopen Wuhan plant with partner Dongfeng on February 10

Renault will resume production at the factory it runs with Dongfeng Group in Wuhan, Hubei province and the epicenter of the outbreak of a new flu-like virus, on Feb. 10, a spokeswoman for the French carmaker said on Tuesday.



6 years ago

How Facebook thinks its independent oversight board should work

Facebook Inc recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board's administrative staff.



6 years ago

Oil edges up as stock markets rebound after virus-related selloff

Oil futures edged up on Tuesday after falling for five days, gaining support from a rebound in Wall Street stocks and talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand.



6 years ago