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Latest News on private equity markets

Factbox: How the North American trade deal will affect autos, digital trade, drugs

The U.S.-Mexico-Canada trade agreement (USMCA) that was passed by the U.S. Senate today modernizes the 26-year-old North American Free Trade Agreement that has been blamed for hollowing out the U.S. manufacturing sector.



5 years ago

Factbox: How NBCUniversal's Peacock streaming service stacks up against others

Comcast Corp's NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in the highly competitive field.



5 years ago

China set to post weakest growth in 29 years as trade war bites, investment sputters

China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown.



5 years ago

Gap pulls plug on Old Navy spinoff to focus on turning around sales

Gap Inc on Thursday scrapped its plan to spin-off Old Navy and said it would instead work to stem dropping sales, while fewer discounts during the holiday season helped full-year earnings, sending its shares up about 4%.



5 years ago

Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO

Eli Lilly and Co aims to announce roughly one $1 billion to $5 billion deal every quarter in 2020, its chief financial officer told Reuters, as the U.S. drugmaker looks to build up its pipeline of future products.



5 years ago

Comcast bets ads work on streaming TV, plans Peacock debut for April

Comcast Corp-owned NBCUniversal's new Peacock service will offer free and $5-per-month options that include advertising to try to win customers for its belated entry into the streaming video wars, the company announced on Thursday.



5 years ago

Hong Kong protesters are voting with their wallets

Some Hong Kong residents are using apps to look for businesses backing protests in a bid to support them.

5 years ago

China posts weakest growth in 29 years as trade war bites, but ends year on firmer note

China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.



5 years ago

Instant View: China's economic growth slows to 6.1% in 2019, near 30-year low

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and steadying from the previous quarter's pace.



5 years ago

China's 2019 birth rate slowest in 70 years: stats bureau

China's birth rate fell to its lowest last year since the founding of the People's Republic of China 70 years ago, posing a long-term challenge for its government.



5 years ago

China's 2019 pork output plunges as African swine fever cuts herd

China produced 42.55 million tonnes of pork in 2019, down 21.3% from a year earlier, official data showed on Friday, after the fatal hog disease African swine fever killed millions of pigs in the world's top producer.



5 years ago

China 2019 crude steel output jumps 8.3%, sets second straight annual record

Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth.



5 years ago

China fourth-quarter GDP grows 6%, in line with expectations and hovering near 30-year low

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and unchanged from the previous quarter's pace.



5 years ago

China's annual aluminum output falls for first time in 10 years: statistics bureau

China's annual aluminum production fell for the first time in 10 years in 2019, official data showed on Friday, hit by softer demand amid the Sino-U.S. trade row and large-scale smelter outages.



5 years ago

Senate passes North America trade deal, Canada still to approve

The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.



5 years ago