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Latest News on private equity markets

Walmart says Mexico same-store sales rise 2.2% in July

Walmart de Mexico, Mexico's biggest retailer, said on Tuesday that sales at stores open for more than a year in Mexico rose by 2.2% in July compared to the same month last year.



6 years ago

Twitter says it may have used user data for ads without permission

Twitter Inc said on Tuesday that it may have used data for personalized ads without a user's permission due to issues with the microblogging website's settings.



6 years ago

Disney to bundle Disney+, Hulu, ESPN+ at popular Netflix price

Walt Disney Co on Tuesday said it would offer a $13-per-month bundle of its three streaming services starting in November, a move to attract audiences who have embraced digital services such as Netflix Inc .



6 years ago

Fragile calm returns to stock markets as yuan steadies

Asian shares steadied slightly on Wednesday as investors caught their breath from a searing week-long selloff, with steps taken by Chinese authorities to contain a sliding yuan helping calm fears of a full-blown Sino-U.S. trade and currency war.



6 years ago

Oil prices steady, U.S.-China trade dispute remains in focus

Oil prices steadied on Wednesday after falling at the start of the session, with the potential for damage to the global economy and fuel demand from the intensifying Sino-U.S. trade dispute continuing to cast a shadow over the market.



6 years ago

U.N. members sign mediation convention to settle trade disputes

Members of the United Nations on Wednesday signed the Singapore Convention on Mediation, an agreement it hopes will make it easier to settle cross-border commercial disputes and stabilise trade relationships.



6 years ago

Asia stocks hit six-month low as investors flee to safety, yuan slumps

Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold.



6 years ago

Subaru first-quarter profit climbs 48% on strong U.S. SUV sales

Subaru Corp reported a 48% increase in first-quarter operating profit on Monday as global sales grew, led by demand for the Ascent and Forester SUVs in the United States.



6 years ago

HSBC CEO Flint leaves abruptly after only 18 months in role

HSBC announced the shock departure of Chief Executive Officer John Flint after just 18 months in the role, saying the bank needed a change at the top to address "a challenging global environment".



6 years ago

Elliott urges Scout24 to sell car listings arm, increase buyback

U.S. activist investor Elliott urged German classifieds group Scout24 on Monday to sell its car listings division and ramp up a share buyback program to boost returns to investors.



6 years ago

Murdoch's Fox Corp to buy fintech Credible Labs in $397 million deal

U.S. broadcaster Fox Corp on Monday agreed to buy Credible Labs Inc in a deal valuing the online finance broker at $397 million, as the Murdoch-controlled firm hunts for growth following the sale of its film and TV assets to Disney.



6 years ago

Asia stocks at six-month lows, yuan slumps as investors flee to safety

Asian shares suffered their steepest daily drop in 10 months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold.



6 years ago

SoftBank Corp first-quarter profit climbs 4% as mobile user numbers grow

Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew.



6 years ago

KKR buyout at Axel Springer clears minimum acceptance threshold

KKR's offer to buy out minority shareholders in Axel Springer has cleared its minimum acceptance threshold of 20%, both firms said on Monday, bringing a plan to take the German publisher private closer to completion.



6 years ago

HSBC axes CEO Flint after only 18 months in role to speed up growth

HSBC ousted Chief Executive Officer John Flint after just 18 months in that role, in a surprise move that the lender's chairman said was necessary to accelerate progress of its strategic priorities.



6 years ago