Latest News on private equity markets

Microsoft wants to invest in Indonesia data centers, says Indonesian president

Microsoft wants to invest in Indonesia data centers, says Indonesian president

Microsoft Corp is keen to invest in data centers in Indonesia which will soon make regulatory changes to facilitate the move, the country's president said after meeting with the software giant's CEO on Thursday.



6 years ago
WPP to target flat 2020 growth after fourth quarter slides

WPP to target flat 2020 growth after fourth quarter slides

WPP , the world's biggest advertising company, said it would target flat organic growth and profit margin in 2020 as part of its recovery after weakness in major markets dragged its fourth quarter down.



6 years ago
AB InBev flags lower first-quarter profit on virus impact

AB InBev flags lower first-quarter profit on virus impact

Anheuser-Busch InBev on Thursday forecast a 10% decline in its first-quarter profit after a weaker-than-expected finish to 2019, as the world's largest beer maker expects the coronavirus outbreak to dent its earnings.



6 years ago
Aston Martin's finance boss to leave as losses deepen

Aston Martin's finance boss to leave as losses deepen

Aston Martin's chief finance officer will leave the company after its losses almost doubled last year following a sales drop as the luxury carmaker pursues a turnaround with a new investor.



6 years ago
StanChart posts strong results but coronavirus, economic headwinds to hamper profit growth

StanChart posts strong results but coronavirus, economic headwinds to hamper profit growth

Standard Chartered booked a robust 46% jump in annual profit but warned a key earnings target would take longer to meet as the coronavirus epidemic adds to headwinds in its main markets of China and Hong Kong.



6 years ago
AB InBev fourth quarter profit below expectations, sees muted 2020 growth

AB InBev fourth quarter profit below expectations, sees muted 2020 growth

Anheuser-Busch InBev ABI.BR, the world's largest beer maker, suffered a greater than expected fall in core profit in the fourth quarter last year and forecast muted growth in 2020 due in part to the coronavirus outbreak in China.



6 years ago
Futures tank as virus risks deepen

Futures tank as virus risks deepen

U.S. stock index futures tumbled on Thursday as the rapid spread of the coronavirus outside China raised fears of a pandemic and sent investors scurrying to the perceived safety of gold and bonds.



6 years ago
Panera Bread launches $8.99 monthly unlimited coffee subscription

Panera Bread launches $8.99 monthly unlimited coffee subscription

Panera Bread Co on Thursday is launching an $8.99 per month unlimited coffee subscription as it aims to grow its breakfast traffic and loyalty program membership.



6 years ago
Op-Ed: It's never too early to save for that emergency

Op-Ed: It's never too early to save for that emergency

Getting a tax refund each year is an excellent opportunity to start an emergency fund. Encouraging Americans to save is a key goal of the Consumer Financial Protection Bureau's "Start Small, Save Up" initiative, says Kathleen L. Kraninger, CFPB director.

6 years ago
Amid coronavirus scare, a growing number of US colleges cancel study abroad programs

Amid coronavirus scare, a growing number of US colleges cancel study abroad programs

In the face of a global health emergency, a growing number of university study abroad programs are sending students home immediately. A few are staying open — for now.

6 years ago
World stocks set for worst week since 2008 as virus stokes recession fears

World stocks set for worst week since 2008 as virus stokes recession fears

World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession.



6 years ago
China's CATL aims to raise $2.85 billion for EV battery projects

China's CATL aims to raise $2.85 billion for EV battery projects

CATL , China's top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital.



6 years ago
Asian stocks slide deeper as pandemic fears grow

Asian stocks slide deeper as pandemic fears grow

Oil and Asian share markets extended losses on Thursday as the rapid global spread of the coronavirus kept investors on edge and seeking safety in gold and bonds.



6 years ago
Wall Street falls more slowly as investors parse coronavirus fears

Wall Street falls more slowly as investors parse coronavirus fears

The S&P 500 fell for a fifth straight day on Wednesday and while its decline was slower than the last few days, the session was volatile as investors reacted to headlines about coronavirus and sought to gauge its economic fallout.



6 years ago
JPMorgan names veteran Gori as new Asia Pacific chief executive

JPMorgan names veteran Gori as new Asia Pacific chief executive

JPMorgan Chase & Co on Thursday named veteran Filippo Gori as its new Asia Pacific chief executive officer to oversee strategy and operations of the Wall Street bank across 17 markets in the region.



6 years ago