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Latest News on private equity markets

Roche billionaire board member says short-term profit hunger 'destroyed the planet'

A member of Swiss drugmaker Roche's controlling family said on Wednesday that short-term profit maximization has "destroyed the planet" and the world needs a new breed of capitalism putting long-term interests first.



5 years ago

Boeing says cracks found on 38 of 810 737 NG airplanes inspected

Boeing Co said Thursday that airlines around the world have inspected 810 737 NG planes and found 38 structural cracks that will require repair and replacement of the affected parts.



5 years ago

Apple pulls app used to track Hong Kong police after China paper's criticism

Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.



5 years ago

U.S., China resume high-level talks to end grueling trade war

Top U.S. and Chinese negotiators met on Thursday for the first time since late July to try to find a way out of a 15-month trade war as new irritants between the world's two largest economies threatened hopes for progress.



5 years ago

U.S. Chamber sees possible U.S.-China currency agreement, tariff hike delay

Top U.S. and Chinese negotiators are working towards an "early harvest" of confidence-building agreements that could forestall further U.S. tariffs, including an agreement to avoid currency manipulation, a senior U.S. Chamber of Commerce official said on Thursday.



5 years ago

Wells Fargo adding to mortgage loan processing teams

Wells Fargo & Co is adding to teams that process mortgage loans to prepare for higher mortgage volumes, according to a memo viewed by Reuters shows.



5 years ago

LSE Group considers overhaul of MTS business in Italy: sources

London Stock Exchange is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday.



5 years ago

U.S. consumer inflation tame, labor market still tightening

U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.



5 years ago

Google secures two Android phone makers' backing in fight against EU antitrust order

Alphabet unit Google's fight against a record EU antitrust fine related to its Android mobile software received a boost after Europe's second-highest court allowed Android phone maker Gigaset and HMD Global Oy to intervene in the lawsuit.



5 years ago

Trade deal hopes lift Wall St for second straight session

U.S. stocks rose by about 1% for the second straight day on Thursday on hopes that top-level U.S.-China trade talks would yield at least a partial deal, while a rise in Apple's shares lifted the technology sector.



5 years ago

Apple pulls app used to track Hong Kong police, protesters

Apple Inc has removed an app that helped Hong Kong protesters track police movements, saying it was used to ambush law enforcement, following sharp criticism of the U.S. tech giant by a Chinese state newspaper for allowing the software.



5 years ago

Stocks rise, dollar slides, with eyes on U.S.-Sino trade talks

Stocks were near session highs on Thursday after U.S. President Donald Trump said he would meet with China's top trade negotiator on Friday, while oil rose as OPEC pledged a decision on supply at its December meeting.



5 years ago

Boeing says cracks found on 38 of 810 737 NG jets inspected globally

Boeing Co said on Thursday that airlines had inspected 810 of the company's 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.



5 years ago

These stocks are the China trade talks 'tells' — They'll move on deal progress or a breakdown

For investors reading the tea leaves of every trade headline, watch these stocks as they will tell you first if any progress is made.

5 years ago

Exclusive: Wells Fargo beefs up mortgage division to cope with higher volumes

Wells Fargo & Co is boosting its teams that process mortgage loans to prepare for higher mortgage volumes, changing course after it laid off about 1,000 employees https://www.reuters.com/article/us-wells-fargo-layoffs/wells-fargo-plans-1000-u-s-job-cuts-idUSKCN1NK2P7 in the division in 2018, according to a memo viewed by Reuters.



5 years ago