Latest News on private equity markets

Instant View: China's economic growth slows to 6.1% in 2019, near 30-year low

Instant View: China's economic growth slows to 6.1% in 2019, near 30-year low

China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and steadying from the previous quarter's pace.



6 years ago
China posts weakest growth in 29 years as trade war bites, but ends year on firmer note

China posts weakest growth in 29 years as trade war bites, but ends year on firmer note

China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.



6 years ago
Hong Kong protesters are voting with their wallets

Hong Kong protesters are voting with their wallets

Some Hong Kong residents are using apps to look for businesses backing protests in a bid to support them.

6 years ago
Comcast bets ads work on streaming TV, plans Peacock debut for April

Comcast bets ads work on streaming TV, plans Peacock debut for April

Comcast Corp-owned NBCUniversal's new Peacock service will offer free and $5-per-month options that include advertising to try to win customers for its belated entry into the streaming video wars, the company announced on Thursday.



6 years ago
Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO

Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO

Eli Lilly and Co aims to announce roughly one $1 billion to $5 billion deal every quarter in 2020, its chief financial officer told Reuters, as the U.S. drugmaker looks to build up its pipeline of future products.



6 years ago
Gap pulls plug on Old Navy spinoff to focus on turning around sales

Gap pulls plug on Old Navy spinoff to focus on turning around sales

Gap Inc on Thursday scrapped its plan to spin-off Old Navy and said it would instead work to stem dropping sales, while fewer discounts during the holiday season helped full-year earnings, sending its shares up about 4%.



6 years ago
China set to post weakest growth in 29 years as trade war bites, investment sputters

China set to post weakest growth in 29 years as trade war bites, investment sputters

China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown.



6 years ago
Factbox: How NBCUniversal's Peacock streaming service stacks up against others

Factbox: How NBCUniversal's Peacock streaming service stacks up against others

Comcast Corp's NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in the highly competitive field.



6 years ago
Factbox: How the North American trade deal will affect autos, digital trade, drugs

Factbox: How the North American trade deal will affect autos, digital trade, drugs

The U.S.-Mexico-Canada trade agreement (USMCA) that was passed by the U.S. Senate today modernizes the 26-year-old North American Free Trade Agreement that has been blamed for hollowing out the U.S. manufacturing sector.



6 years ago
Apple and Tesla may be market darlings, but hedge funds are betting big they'll collapse

Apple and Tesla may be market darlings, but hedge funds are betting big they'll collapse

Elon Musk's automaker Tesla on Wednesday once again reclaimed its title as Wall Street's most-shorted stock. Until Apple stole it back.

6 years ago
Exclusive: Cyber security firm McAfee hires new CEO

Exclusive: Cyber security firm McAfee hires new CEO

McAfee LLC told Reuters on Thursday it has hired Peter Leav, the former CEO of BMC Software, as its new CEO, replacing Chris Young, who created the cyber security company in its current form by carving it out of Intel Corp four years ago.



6 years ago
Comcast's Peacock streaming service to offer free and $5- or $10-a-month options

Comcast's Peacock streaming service to offer free and $5- or $10-a-month options

Comcast Corp-owned NBCUniversal's new Peacock service, its belated entry into the streaming video wars, will offer free and $5-per-month options with advertising, the company announced on Thursday.



6 years ago
Open Banking In Canada: Navigating The Future Of Money

Open Banking In Canada: Navigating The Future Of Money

Borden Ladner Gervais LLP | Stephen J. Redican, Robert Dawkins, Ross McGowan and Alexandra Nicol | Jan 9, 2020 The Canadian financial services industry is at the threshold of change. Regulatory overhaul, the ubiquity of online services, and technological innovation and disruption will affect all players—from banks to FinTech start-ups. Open banking will introduce new

6 years ago
S&P 500 blasts through 3,300 as tech stocks surge

S&P 500 blasts through 3,300 as tech stocks surge

The S&P 500 rallied through the 3,300 mark for the first time on Thursday and the other main U.S. indexes also surged to record highs, fueled by tech stocks, solid retail sales data and upbeat quarterly earnings from Morgan Stanley.



6 years ago
Which company just hit $1 trillion? Google it.

Which company just hit $1 trillion? Google it.

As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.



6 years ago