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Latest News on private equity markets

Exclusive: HSBC considering exit from Turkey - sources

HSBC is considering exiting Turkey as part of broader cost-cutting measures under interim Chief Executive Noel Quinn, sources familiar with the matter said.



5 years ago

Warren Buffett's Berkshire Hathaway to sell newspaper business for $140 million

The deal will include local news organizations such as the Omaha World-Herald in Nebraska and the Tulsa World in Oklahoma.

5 years ago

Goldman Sachs shares rise after bank gives higher financial targets at first-ever investor day

Goldman Sachs CEO David Solomon is raising the bar for the bank's medium-term financial targets.

5 years ago

Mastercard beats profit estimates on strong holiday season spending

Mastercard Inc beat Wall Street estimates for quarterly profit on Wednesday as customers spent more on its cards during the U.S. holiday shopping season, boosting fees for the world's second-largest payment processor.



5 years ago

One in five fear they'll owe the IRS money this spring

Tax season doesn't always come with a windfall for filers. About 20% of people polled by NerdWallet believe they'll owe the taxman this April, paying an average of $2,667. Here's why.

5 years ago

GE beats profit, cash flow estimates on aviation, lower spending

General Electric Co quarterly profit and cash flow beat analysts' estimates on Wednesday, boosted by its aviation unit, but the industrial conglomerate set a relatively modest profit target for 2020.



5 years ago

EU guidelines allow members to either restrict or ban high risk 5G providers like Huawei

EU countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.



5 years ago

Factbox: Huawei's involvement in telecoms networks around the world

European Union countries can either restrict or exclude high-risk 5G vendors from core parts of their telecoms networks, according to new EU guidelines announced on Wednesday, a move targeting China's Huawei Technologies but falling short of a U.S. call for a complete ban.



5 years ago

United States tells Britain: look again at Huawei 5G decision

The United States on Wednesday urged Britain to look again at its decision to allow China's Huawei a limited role in 5G networks, cautioning that American information should only pass across trusted networks.



5 years ago

Futures gain as Apple earnings take some focus off virus concerns

U.S. stock index futures rose on Wednesday as strong results from Apple and other marquee companies kicked fourth-quarter earnings into top gear and overshadowed concerns over the economic impact of the fast-spreading coronavirus.



5 years ago

Huawei says it welcomes EU guidelines on 5G security

Chinese telecoms equipment maker Huawei [HWT.UL] on Wednesday welcomed the European Union's 5G guidelines that are likely to limit its business in Europe, but which fall short of a U.S. call for a total ban.



5 years ago

Goldman unveils long-term targets to grow new businesses, revenues

Goldman Sachs Group Inc on Wednesday set aggressive targets to grow many of its businesses, as the Wall Street powerhouse tries to make meaningful inroads in areas dominated by larger rivals JPMorgan Chase and Bank of America



5 years ago

Explainer: What the U.S. Federal Reserve is watching this year

The U.S. Federal Reserve is expected to keep interest rates unchanged when it wraps up its first policy meeting of the year on Wednesday.



5 years ago

Apple's iPhone strength is back and analysts say it is here to stay

Wall Street analysts were smitten by a rebound in sales of Apple Inc's iPhones after a year of decline. So much, in fact, that they looked past a weaker-than-expected rise in services revenue, the company's growth driver.



5 years ago

Apple, Boeing bolster Wall Street at open

Wall Street opened higher on Wednesday as a surge in shares of Apple, Boeing and General Electric after their results overshadowed concerns over the economic impact of a fast-spreading coronavirus.



5 years ago