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Latest News on private equity markets

Jaguar Land Rover chief wants alliances, not a merger

Luxury automaker Jaguar Land Rover's chief executive told Reuters he is open to more alliances to lower the costs of developing technology, but is not looking for a full-blown corporate merger.



6 years ago

Sanofi weighing options for consumer healthcare unit: sources

Sanofi is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present a new strategic plan next month.



6 years ago

Charles Schwab in talks to buy smaller rival TD Ameritrade: CNBC

Charles Schwab Corp , the largest U.S. discount brokerage, is in talks to buy smaller rival TD Ameritrade and a deal could be announced as early as Thursday, CNBC reported, citing a source familiar with the matter.



6 years ago

OPEC+ likely to extend oil supply cuts until June: sources

OPEC and its allies are likely to extend existing oil output cuts when they meet next month until mid-2020, with non-OPEC oil producer Russia supporting Saudi Arabia's push for stable oil prices amid the listing of state oil giant Saudi Aramco.



6 years ago

Why Older Entrepreneurs Have the Edge

Wharton University | Nov 12, 2019 Mark Zuckerberg and Bill Gates founded their pathbreaking companies when they were still in their teens. Steve Jobs founded Apple at 21. Their stories, which get a lot of media attention, have many believing that younger entrepreneurs are the most successful. However, research from Wharton management professor Daniel Kim

6 years ago

Tesla picks a fight with Detroit by going after the pickup market

Tesla Inc Chief Executive Elon Musk has talked for years about building an electric pickup truck that would threaten the heart of the Detroit automakers' profits, and on Thursday he will finally take the wraps off the so-called cyberpunk truck.



6 years ago

Exclusive: Trump administration to miss 2019 target for Alaska refuge oil lease sale - official

The Trump administration will miss its target of holding the first-ever oil drilling lease sale in Alaska’s Arctic National Wildlife Refuge this year due to delays in the environmental review process, Interior Secretary David Bernhardt told Reuters.



6 years ago

Macy's posts bigger-than-expected drop in same-store sales, cuts outlook

Macy's Inc reported a bigger-than-expected fall in quarterly same-store sales and cut its full-year profit forecast on Thursday, blaming weak international tourism and sluggish mall traffic.



6 years ago

Risk on, risk off, repeat! U.S.-China trade deal faces HK hurdle

Stocks slid further on Thursday as the standoff between the world's two largest economies expanded beyond trade, reducing the odds of a "phase-one" deal this year and forcing investors to shed risky assets.



6 years ago
6 years ago

U.S. weekly jobless claims unchanged at five-month high

The number of Americans filing applications for unemployment benefits was unexpectedly unchanged at a five-month high last week, suggesting some softening in the labor market.



6 years ago

Stock futures erase losses on report of likely U.S. tariff delay

U.S. stock index futures moved sharply higher on Thursday after South China Morning Post reported that U.S. tariffs on Chinese imports due Dec. 15 could be delayed even if a trade deal was not signed by then.



6 years ago

Trump wants Apple to be involved in 5G infrastructure building in U.S.

U.S. President Donald Trump said on Thursday he had asked Apple Inc Chief Executive Officer Tim Cook to look into helping develop telecommunications infrastructure for 5G wireless networks in the United States.



6 years ago

Macy's cuts forecast ahead of holiday season after gloomy quarter

Macy's Inc cut its annual profit forecast for the second time this year on Thursday, as the department store operator blamed weak international tourism and sluggish mall traffic for the first drop in same-store sales in two years.



6 years ago

Little cheer for Beaujolais Nouveau as U.S. tariffs guzzle profits

Beaujolais Nouveau wine lovers made merry as this year's first bottles were uncorked, but producers faced the sobering truth of a dip in margins due to new tariffs imposed by the United States, their second biggest export market.



6 years ago