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Latest News on private equity markets

Twilio says it got the math wrong on its full-year earnings forecast last week

Twilio's full-year earnings per share guidance is now expected to between 12 cents and 13 cents, instead of the 16 cents to 17 cents originally issued.

6 years ago

Thyssenkrupp to invest $279 million at shipbuilding division

Thyssenkrupp plans to invest 250 million euros ($279 million) at its unit that builds submarines and warships, the German industrial conglomerate said on Monday.



6 years ago

India decided not to join RCEP trade deal: PM Modi

India has decided not to sign the Regional Comprehensive Economic Partnership due to differences over tariffs, its trade deficit with other countries and non-tariff related barriers, Prime Minister Narendra Modi was quoted as saying on Monday.



6 years ago

Fifteen Asia-Pacific countries agree on trade pact, India holds back

Fifteen Asia-Pacific countries have concluded negotiations for a trade pact that would be among the world's largest, but India still has "significant outstanding issues" before it is ready to sign on, the countries' leaders said on Monday.



6 years ago

Sprint postpaid subscriber loss lower than expected

Sprint Corp on Monday reported a lower-than-expected drop in quarterly mobile phone subscribers who pay a monthly bill as it ramps up its 5G coverage in the United States.



6 years ago

BA parent IAG ups bet on Latin America with Air Europa takeover

IAG , the parent of British Airways and Spain's Iberia, announced a 1 billion euro ($1.12 billion) takeover of Spain's Air Europa to boost its presence on routes to Latin America and the Caribbean.



6 years ago

Goldman Sachs leads $50 million investment in millennial credit-card start-up Deserve

Most of the card industry still relies on 1970's era technology, including mainframes and the COBOL programming language.

6 years ago

Citigroup plans on unveiling a digital savings account for American Airlines cardholders

Citigroup, the third biggest U.S. lender by assets, is leaning on its popular credit-cards to help it raise deposits on the banking side.

6 years ago

McDonald's CEO surprise exit throws long-term vision into doubt: analysts

The surprise exit of McDonald's Corp chief executive officer, Steve Easterbrook, over the weekend has Wall Street wondering whether the burger chain's multi-billion dollar strategy to boost sales could change under the new head.



6 years ago

The slow death of Canada’s banking ombudsman

Investment Executive  | Ermanno Pascutto | Oct 17, 2019   The independent dispute resolution service has been abandoned by most of the big Canadian banks For several years, the federal government has failed Canadian retail consumers and small business in providing access to justice in banking, including for seniors, who have comprised 38% of ombudsman

6 years ago

Oil prices creep higher on U.S.-China hopes and OPEC talks

Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day's boost from growing expectations of a U.S.-China trade deal and Iran flagging OPEC discussions over a deeper output cut next month.



6 years ago

U.S. Supreme Court rejects Charter appeal of Sprint patent verdict

Charter Communications Inc unit Time Warner Cable must pay $140 million in damages for infringing five Sprint Corp telecommunications patents after the U.S. Supreme Court on Monday refused to hear Time Warner's appeal in the case.



6 years ago

Factbox: Meet McDonald's new CEO: Chris Kempczinski

McDonald's Corp head of U.S. operations, Chris Kempczinski, replaced Steve Easterbrook as chief executive officer of the world's largest fast-food chain on Sunday.



6 years ago

Wall Street opens at record high on U.S.-China trade deal hopes

Wall Street's three main indexes opened at all-time highs on Monday, as tech stocks gained on optimism over a U.S.-China trade deal and an improving domestic economy.



6 years ago

Takeaway.com tweaks Just Eat offer in move to thwart rival Prosus

Takeaway.com has changed its line of attack in the battle to buy food delivery ordering service Just Eat , effectively lowering the threshold for approval of its offer as it seeks to fend off rival suitor Prosus .



6 years ago