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Latest News on private equity markets

Uber tests feature allowing some California drivers to set fares: WSJ

Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday, citing a person involved in developing the feature.



5 years ago

Manager and machine: The new leadership equation

McKinsey & Company | By Martin Dewhurst and Paul Willmott | Sep 2014 As artificial intelligence takes hold, what will it take to be an effective executive? What would it take for algorithms to take over the C-suite? And what will be senior leaders’ most important contributions if they do? Our answers to these admittedly

5 years ago

Uber cuts losses from Eats business in India with sale to Zomato

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial.



5 years ago

Halliburton beats estimate on international demand; takes $2.2 billion charge

Halliburton Co beat analysts' estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion.



5 years ago

Boeing plans to stage first flight of 777X plane this week: sources

Boeing plans to carry out the first test flight of its delayed 777X airplane later this week, said two people familiar with the matter on Tuesday.



5 years ago

Exclusive: Apple dropped plan for encrypting backups after FBI complained - sources

Apple Inc dropped plans to let iPhone users fully encrypt backups of their devices in the company's iCloud service after the FBI complained that the move would harm investigations, six sources familiar with the matter told Reuters.



5 years ago

Paul Tudor Jones says this 'crazy' stock market run reminds him a lot of 'early '99'

"We are just again in this craziest monetary and fiscal mix in history. It's so explosive. It defies imagination," Paul Tudor Jones says.

5 years ago

Ray Dalio says 'cash is trash' and advises investors hold a global, diversified portfolio

Ray Dalio at Davos said investors shouldn't miss out on the current market, although he still worries about an economic downturn.

5 years ago

China virus sends chill through markets as risks rise

Global stock markets took a hit on Tuesday as mounting concern about a new strain of coronavirus in China sent a ripple of risk aversion through markets.



5 years ago

Futures lower as China virus outbreak, growth fears sour mood

U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF looked set to stall a record rally on Wall Street.



5 years ago

Air France-KLM says not involved in Malaysia Airlines sale talks

Air France-KLM said on Tuesday it had previously held talks with the owners of Malaysia Airlines but was not engaged in current efforts to find new investors for the carrier.



5 years ago

KFC apologizes for 'sexist' Australian ad

KFC on Tuesday apologized for an advertisement in Australia that shows two boys ogling a woman's breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called "sexist".



5 years ago

Aramco IPO proceeds to fund Saudi industry, including defense: finance minister

Saudi Arabia will pump the proceeds from last month's listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defense industry amid tensions with Iran, its finance minister said on Tuesday.



5 years ago

The 2020 election has supplanted the trade war as the biggest risk for stocks, survey shows

The first Bank of America Global Research fund manager survey of 2020 shows the highest risk is now the looming presidential election, according to the 249 panelists surveyed, 29% of whom consider politics the biggest potentially disruptive issue in the year ahead.

5 years ago

Futures lower as China virus outbreak, growth worries sour mood

U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF looked set to stall a record rally on Wall Street.



5 years ago