Latest News on private equity markets

Samsung starts building $220 million R&D center in Vietnam

Samsung starts building $220 million R&D center in Vietnam

Samsung Electronics has started building a $220 million research and development center in Vietnam, the South Korean tech giant's local unit said on Monday.



6 years ago
Nokia appoints Fortum CEO Lundmark to replace Suri from September 1

Nokia appoints Fortum CEO Lundmark to replace Suri from September 1

Nokia Chief Executive Rajeev Suri will step down in September and is to be replaced by Pekka Lundmark, until now the CEO of energy group Fortum, the telecoms equipment maker said on Monday.



6 years ago
Swiss National Bank to double payout after posting $50 billion profit

Swiss National Bank to double payout after posting $50 billion profit

The Swiss National Bank posted an annual profit of 48.9 billion Swiss francs ($50.71 billion), the central bank said on Monday, and said it would double its payout to Switzerland's regional and central governments.



6 years ago
Nike temporarily closes European headquarters due to coronavirus case

Nike temporarily closes European headquarters due to coronavirus case

Nike's European headquarters in the Netherlands will be closed on Monday and Tuesday after an employee was infected with the coronavirus.



6 years ago
Coronavirus expected to hurt U.S. earnings harder and longer

Coronavirus expected to hurt U.S. earnings harder and longer

The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict.



6 years ago
Asian shares rebound as markets bet on coordinated policy stimulus

Asian shares rebound as markets bet on coordinated policy stimulus

Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavirus outbreak.



6 years ago
Hyundai Motor's February sales down 13% amid coronavirus outbreak

Hyundai Motor's February sales down 13% amid coronavirus outbreak

South Korea's Hyundai Motor said on Monday its sales fell 13% on-year to 275,044 vehicles globally in February amid a coronavirus outbreak that disrupted supply of parts from China.



6 years ago
Here's how to maximize traditional and Roth retirement savings

Here's how to maximize traditional and Roth retirement savings

Tax treatment varies among types of retirement accounts, which means the investments you hold in each of them should ideally capitalize on those differences, experts say.

6 years ago
Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



6 years ago
Goldman Sachs halts all non-essential business travel: memo

Goldman Sachs halts all non-essential business travel: memo

Goldman Sachs Group Inc has told its staff that all non-essential business travel should be postponed, according to a memo seen by Reuters.



6 years ago
How to build a cash reserve if the coronavirus disrupts your job

How to build a cash reserve if the coronavirus disrupts your job

Many Americans fear the coronavirus outbreak could prevent them from working and getting paid. Here's how to kickstart an emergency fund.

6 years ago
UK wants retaliatory tariffs removed early on in U.S. trade talks: Truss

UK wants retaliatory tariffs removed early on in U.S. trade talks: Truss

British trade minister Liz Truss said she wanted with the United States to agree to the removal of retaliatory tariffs on some British and U.S. products over EU subsidies on large aircraft early in trade negotiations to show goodwill.



6 years ago
Oil up over 5% as hopes of OPEC cut, stimulus counter virus gloom

Oil up over 5% as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose over 5% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



6 years ago
Exclusive: UBS CEO Ermotti poised to get Swiss Re chairman role - sources

Exclusive: UBS CEO Ermotti poised to get Swiss Re chairman role - sources

UBS Group Chief Executive Sergio Ermotti is poised to become chairman of Swiss Re next year after leaving the helm of Switzerland's biggest bank, three people familiar with the matter told Reuters.



6 years ago
Wall Street rebounds as investors buy the dip; stimulus measures in focus

Wall Street rebounds as investors buy the dip; stimulus measures in focus

U.S. stock indexes rose sharply on Monday, prompted by bargain hunting and on reassurances by central banks that they stood ready to counter any economic impact from the coronavirus.



6 years ago