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Latest News on private equity markets

Fintech Revolut to launch in the U.S. by year-end with Mastercard deal

Digital banking app Revolut is set to begin issuing its cards in the United States by the end of this year via a partnership with payments company Mastercard Inc MA.N, the two companies said on Tuesday.



5 years ago

Oil slips as demand concerns outweigh U.S.-China trade optimism

Oil prices edged lower on Tuesday as lingering worries over a global economic slowdown that could hurt demand offset some signs of progress in U.S.-China trade talks.



5 years ago

Diaper rush: conquering a $9 billion market no one wants to talk about

The time may not be far off when more adults need diapers than babies as the population grows older, potentially a huge opportunity for manufacturers of incontinence products - if they can lift the stigma that has long constrained sales.



5 years ago

Goldman Sachs lowers forecast 2020 U.S. shale oil output growth

Goldman Sachs wound back its forecast for growth in U.S. shale output in 2020, and slightly reduced its outlook for 2020 global oil demand growth.



5 years ago

China will keep door open to foreign investment, global industry despite trade tensions

China will take steps to safeguard its interests, but won't close its door to foreign investment and the global industry despite trade frictions with the United States, a Chinese official said on Tuesday.



5 years ago

AMS posts third-quarter revenue jump, sees strong demand from Apple, others

Apple supplier AMS beat expectations with a 41% jump in third-quarter revenue on Tuesday and forecast further strong demand for its optical sensors from smartphone makers as it takes aim at a takeover of German lighting maker Osram .



5 years ago

UBS tightens investment banking belt as earnings slide continues

Swiss bank UBS is axing high-paying investment banking staff after a disappointing performance at the division prompted a 16% slide in third-quarter net profit and put the group's 2019 profit goals further out of reach.



5 years ago

Sunrise's $6.4 billion takeover of UPC teeters as rights issue collapses

Sunrise Communications Group bowed to investor pressure on Tuesday and scrapped a rights issue needed to complete its 6.3 billion Swiss franc ($6.39 billion) acquisition of Liberty Global's Swiss cable business UPC.



5 years ago

Trade tensions, jibes at U.S. overshadow Chinese cyber conference

At one of the world's showpiece tech conferences in China, jibes at the United States for its 'bully behavior' lent a Cold War tone to proceedings as trade tension once again reared its ugly head in an event that drew a dearth of top U.S. executives.



5 years ago

Senior Chinese diplomat reiterates that U.S. forced trade war on China

The United States has forced an unwanted trade war on China and Beijing must take the necessary countermeasures to protect its interests, senior Chinese diplomat Wang Yi said on Tuesday.



5 years ago

Oil steadies as traders eye U.S.-China talks, inventory data

Oil prices steadied on Tuesday as bearish forecasts of a buildup in U.S. crude stockpiles offset signs of progress in U.S.-China trade talks.



5 years ago

Investor revolt scuppers Sunrise's $6.4 billion Liberty Global deal

Sunrise Communications Group bowed to investor pressure on Tuesday and scrapped its 6.3 billion Swiss franc ($6.39 billion) acquisition of Liberty Global's Swiss cable business UPC.



5 years ago

Earnings weigh on European stocks, sterling lower before Brexit votes

European shares edged lower on Tuesday as talk of progress in China-U.S. trade talks was offset by mixed corporate earnings, while sterling retreated ahead of another vote on Brexit.



5 years ago

Renault chairman vows to get Nissan alliance back on track next year

Renault Chairman Jean-Dominique Senard is determined to get the carmaker's alliance with Japan's Nissan back on track next year, he said on Tuesday, adding other matters such as a potential tie-up with Fiat Chrysler were less of a priority.



5 years ago

Oil rises on optimism about prospects for a U.S.-China deal

Oil prices rose on Tuesday after China signaled progress in trade talks with the United States, but gains were capped by bearish forecasts of a buildup in U.S. crude stockpiles.



5 years ago