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Latest News on private equity markets

China says hopes to reach phased trade pact with U.S. as early as possible

China's commerce ministry said on Thursday that China hoped to reach a phased agreement with the United States over trade as early as possible, and make progress on cancelling tariffs on each others' goods.



6 years ago

'Not the best owners': UK's Domino's to exit foreign markets

Domino's Pizza Group Plc , Britain's biggest pizza delivery company, on Thursday said it would quit its loss-making international operations, sending shares higher in early trade.



6 years ago

Brexit snags stall sterling rally, stocks drift lower

Sterling faltered on Thursday and Europe's main stock markets went in and out of the red as hopes for a smooth Brexit ran into familiar Irish border snags.



6 years ago

China says it hopes to reach phased trade pact with U.S. as soon as possible

China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners.



6 years ago

Elliott pushes Japan's Unizo to accept $1.6 billion Blackstone bid

Unizo Holdings' top shareholder Elliott Management pushed the Japan hotel operator to accept a $1.6 billion tender offer from Blackstone Group , warning it would take "all available measures" if it fails to do its "fiduciary duty".



6 years ago

What makes Japanese hotelier Unizo attractive for Blackstone and Elliott?

Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy into Japan's property market on the cheap.



6 years ago

WH Smith to buy Marshall Retail for $400 million in U.S. airports push

British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding in a fast-growing segment and sending its shares up 5%.



6 years ago

Unilever suffers dip in emerging markets sales growth

A slowdown in India and China put a brake on Unilever's quarterly sales growth, highlighting the challenges facing Chief Executive Alan Jope as he tries to boost the consumer goods giant's business in emerging markets.



6 years ago

U.S. tariffs threaten livelihoods of Spain's olive-farming families

A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil prices is threatening the subsistence of thousands of families in southern Spain who fully depend on "liquid gold", as the oil is known here.



6 years ago

Big U.S. liquefied natgas players move fast, the small race to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals without new long-term contracts, while smaller developers struggle to find financing for their first plants.



6 years ago

Honeywell profit falls 30%

Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year.



6 years ago

Norwegian Air and JetBlue announce transatlantic partnership

Norwegian Air and JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others' aircraft, with a planned startup in mid-2020, Norwegian said in a statement on Thursday.



6 years ago

Morgan Stanley profit beats estimates on bond trading strength

Morgan Stanley beat estimates for quarterly profit on Thursday, buoyed by higher revenue from bond trading and M&A advisory fees.



6 years ago

Here's what every major analyst is saying about Netflix's earnings report

Wall Street analysts agreed Netflix's earnings report was better than expected but expectations remain high going forward.

6 years ago

Netflix and Amazon face censorship threat in India: source

India is deliberating potential censorship on streaming platforms such as Netflix and Amazon Prime Video, a senior government source told Reuters.



6 years ago