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Latest News on private equity markets

Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook

Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to keep global oil markets adequately supplied.



4 years ago

Diversity helps UBS defy banking gloom with profit rise

UBS delivered its best second-quarter results in nearly a decade on Tuesday, as strength in Swiss retail and corporate banking helped to offset weakness in wealth management.



4 years ago

China's BAIC buys 5% Daimler stake to cement alliance

China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing its relationship with the German carmaker after China's Zhejiang Geely Holding emerged as a potential rival.



4 years ago

Huawei head says group can sign 'no backdoor' deal with any country: Italy paper

Huawei Technologies, the Chinese technology and telecoms group under pressure from the United States, is ready to sign a "no backdoor" agreement with any country, its founder told an Italian newspaper on Tuesday.



4 years ago

ECB, Fed rate cut hopes lift global stocks, sterling sags

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union.



4 years ago

South Korea's LG Display posts deeper second quarter loss on TV panel supply glut

South Korea's LG Display Co Ltd on Tuesday posted a deeper second-quarter operating loss that missed analyst estimates, as a global supply glut pushed down prices of screens for television sets.



4 years ago

Oil rises on Mideast tensions, glum demand outlook caps gains

Oil prices edged up on Tuesday on concerns about possible supply disruptions in the Middle East, but a weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to keep global markets adequately supplied.



4 years ago

Top investors lose $1 billion as China's Nasdaq-style board reverses on day two

The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires.



4 years ago

LG Display says to diversify suppliers due to South Korea-Japan spat

South Korea's LG Display Co Ltd said it is looking to diversify its supplier base as it prepares for expanded trading curbs from Japan on some display-making materials which threaten to impact the broader tech industry.



4 years ago

LG Display aims to diversify suppliers due to South Korea-Japan spat

LG Display Co Ltd on Tuesday said it is looking to diversify its supplier base in case a diplomatic spat sees Japan extend export curbs on display-making materials bound for South Korea.



4 years ago

Carmakers drive Europe higher, Johnson batters sterling

A wave of central bank easing and positive soundings from the earnings season buoyed world stocks on Tuesday, while Britain's pound fell before the expected confirmation of hard-Brexit advocate Boris Johnson as the country's prime minister.



4 years ago

Oil edges further above $63 on Mideast tensions

Oil edged further above $63 a barrel on Tuesday, supported by rising tensions in the Middle East after Iran's seizure of a British tanker last week, although signs of faltering demand capped gains.



4 years ago

Hasbro sales beat on higher demand for 'Avengers: Endgame' toys

Toymaker Hasbro Inc reported a better-than-expected quarterly revenue on Tuesday, helped by higher demand for action toys following the blockbuster success of "Avengers: Endgame" and "Spider-Man: Far From Home".



4 years ago

Coca-Cola raises 2019 forecast on coffee, zero sugar soda boost

Coca-Cola Co on Tuesday beat analysts' estimate for quarterly profit and raised its organic revenue forecast for the full year, driven by demand for zero sugar soda and innovations, such as the Coca-Cola Plus Coffee.



4 years ago

Lockheed Martin profit rises 22% on higher F-35 deliveries

Lockheed Martin Corp reported a 22% rise in quarterly profit on Tuesday and raised its 2019 profit forecast for the second time this year, helped by increased demand for its F-35 combat jets.



4 years ago