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Latest News on private equity markets

U.S. employment growth seen slowing in July; wage gains steady

U.S. job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaining their moderate pace of increase, which could boost market expectations for another interest rate cut from the Federal Reserve next month.



4 years ago

Toyota trims full-year profit forecast as yen overshadows solid first-quarter

Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years.



4 years ago

Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 billion

Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt.



4 years ago

Honda first-quarter operating profit drops 16% on lower U.S. car sales

Japan's Honda Motor Co reported a 16% drop in first-quarter operating profit on Friday, as a stronger yen weighed on overseas earnings and U.S. vehicle sales dropped.



4 years ago

Trump's tariffs jolt global stocks, spark rush to safer assets

Global stocks took a beating on Friday, with investors piling into safe-haven assets but oil prices recouped some losses after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.



4 years ago

Exclusive: Foxconn eyes sale of $8.8 billion China plant amid trade war woes - sources

Taiwan's Foxconn is exploring the sale of its new $8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying U.S.-China trade war.



4 years ago

Apple halts Siri response grading program after privacy concerns

Apple Inc said on Friday it suspended its global program where it analyzed recordings from users interacting with its voice assistant Siri, after some privacy concerns were raised about the program.



4 years ago

IAG says it hopes to bring forward first MAX delivery to 2022

British Airways owner IAG is in talks with Boeing to bring forward the first delivery of 200 737 MAX jets by a year to 2022, and said it was confident that the issues that led to its grounding would be addressed.



4 years ago

China says to take countermeasures if U.S. bent on putting tariffs on Chinese goods

China will have to take countermeasures if the United States is bent on putting more tariffs on Chinese goods, the Chinese foreign ministry said on Friday.



4 years ago

Oil prices regain ground after overnight plunge on tariffs

Oil prices rose around 2% on Friday, regaining ground after the biggest falls in years as U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between the world's two biggest economies and crude consumers.



4 years ago

Stronger yen prompts Toyota to trim profit forecast, saps Honda

Toyota Motor Corp cut its full-year profit forecast and Honda Motor Co reported a double-digit decline in quarterly profit as a resurgent yen hurt two of Japan's biggest automakers.



4 years ago

Google to allow Android users in Europe choose default search engine

Google will let Android device users in Europe choose their default search engine from four options, including Google search, the U.S. company said, as it tries to quash EU antitrust concerns and stave off fresh penalties.



4 years ago

Trump tariff salvo batters European stocks, sparks bond rally

European stocks posted their biggest drop of 2019 on Friday and German bond yields hit record lows after U.S. President Donald Trump fired his latest trade war salvo at China, jolting markets and sparking a frenzied bid for safe-haven assets.



4 years ago

Oil prices regain ground after plunge on Trump's tariff vow

Oil prices rose around 2% on Friday, regaining ground after their biggest falls in years on U.S. President Donald Trump's vow to impose more tariffs on Chinese imports.



4 years ago

China warns of retaliation after Trump threatens fresh tariffs

China on Friday said it would not be blackmailed and warned of retaliation after U.S. President Donald Trump vowed to slap a 10% tariff on $300 billion of Chinese imports from next month, sharply escalating a trade dispute between the world's biggest economies.



4 years ago