BlackRock profit beats as its low-risk funds attract more money
BlackRock Inc , the world's largest asset manager, beat analysts' estimates for quarterly profit on Tuesday, as more money rolled into its fixed-income funds against the...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
KKR consortium cancels Australia's Latitude IPO: sources
U.S. private equity firm KKR & Co and its partners have canceled what was expected to be the biggest Australian IPO of the year, the listing...
UnitedHealth beats quarterly profit, raises earnings forecast
UnitedHealth Group Inc beat analysts' estimates for quarterly profit and raised its 2019 earnings forecast on Tuesday, benefiting from strength in its core business of selling...
Tesla to start Powerwall home battery installations in Japan
Tesla Inc will start installing its Powerwall home power storage batteries in Japan next spring, the U.S. electric car and battery maker said on Tuesday, marking...
Blackstone plans to launch tender offer for Japan's Unizo
Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holdings at 5,000 yen a share, doubling down on...
Former Thomas Cook boss defends record, pay after firm's collapse
The former chief executive of bankrupt travel firm Thomas Cook on Tuesday said he understood public anger over his pay but defended his record, saying he...
Keen to develop self-driving cars, Hyundai Motor Group unveils $35 billion investment plan
Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be...
Oil prices fall nearly 2% on China data, trade war jitters
Oil prices fell further on Tuesday, after heavy losses in the previous session following two days of weak Chinese data and as investors continued to fret...
Citigroup plans to set up wholly-owned securities business in China: sources
Citigroup Inc plans to set up a wholly-owned securities business in China, people with knowledge of the matter said on Tuesday, taking advantage of Beijing's move...
Global stocks edge higher on Brexit hopes, trade optimism fades
Global stocks edged higher on Tuesday yet safe havens were still in play as markets tried to balance fading optimism over the latest China-U.S. trade truce...
Volkswagen postpones final decision on Turkey plant: spokesman
Volkswagen has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country's military operation...
Blackstone to launch tender offer for Japan's Unizo
Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holding at 5,000 yen ($46) a share, firing back...
Phase-out of Airbus, Boeing jets hits FACC's operating profit
Plane parts maker FACC's operating profit fell 6% in the second quarter as it produced fewer components for the Airbus A380 and Boeing 737NG jets being...
Neil Woodford sacked as flagship Equity Income Fund to be shut
Neil Woodford has been ousted as manager of his flagship LF Woodford Equity Income Fund, which will now be wound up to pay back investors trapped...
Oil prices extend fall on China, global demand concerns
Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude...