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Latest News on private equity markets

Tesla needs more time to turn profit; founding engineer steps down

Tesla Inc on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company's electric batteries, J.B. Straubel, was stepping down from his role as chief technology officer.



4 years ago

Salesforce expands footprint into China with Alibaba partnership

U.S. cloud-based service provider Salesforce.com Inc said on Wednesday it will partner with Chinese e-commerce company Alibaba Group Holdings Ltd , as Salesforce looks to make inroads into the Chinese software market with its cloud-based products.



4 years ago

Oil steadies after global demand worries spark fall

Oil ticked higher early on Thursday after falling in the previous session as more signs of slowing global growth added to demand concerns, with Middle East tensions underpinning prices.



4 years ago

Samsung Electronics' Galaxy Fold to be available from September

Samsung Electronics Co Ltd said on Thursday its foldable smartphone Galaxy Fold would go on sale from September in selected markets, after the launch was delayed by screen problems earlier this year.



4 years ago

Asian shares dither ahead of ECB outcome, euro near two-month lows

Asian shares were cautious on Thursday, shrugging off a tech-fuelled rally on Wall Street while the euro hovered near two-month lows as soft economic data bolstered expectations of rate cuts in Europe.



4 years ago

Samsung Electronics to launch Galaxy Fold in September after screen problems

Samsung Electronics Co Ltd's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.



4 years ago

Citi hires JPMorgan asset management executive for Asia equities business

Citigroup said on Thursday it has hired Curt Engler, a senior executive from JPMorgan's asset management business in New York, as its Asia Pacific head of equities execution services.



4 years ago

Asian shares edge up before ECB decision, euro near two-month lows

Asian shares rose but struck a more cautious note than a tech-fueled rally on Wall Street, while the euro stayed near two-month lows as soft economic data fueled hopes the European Central Bank could cut rates at its meeting on Thursday.



4 years ago

SoftBank to commit $40 billion to second Vision Fund: WSJ

Tech conglomerate SoftBank Group Corp will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday.



4 years ago

Oil advances as markets eye MidEast worries, but weak demand outlook caps gains

Oil prices edged higher on Thursday amid lingering Middle East tensions and after U.S. crude stocks dropped more than expected, but gains were stemmed by a fragile demand outlook amid more signs of slowing global economic growth.



4 years ago

Samsung Electronics' delayed Galaxy Fold now ready for September launch

Samsung Electronics Co Ltd's first foldable smartphone, the Galaxy Fold, will go on sale from September in selected markets after the launch was delayed by screen problems earlier this year, the company said on Thursday.



4 years ago

U.S. home sales tumble as prices race to record high

U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, suggesting the housing market was struggling to regain speed since hitting a soft patch last year.



4 years ago

Wall St. boosted by upbeat earnings

U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment.



4 years ago

United Tech profit beats on aircraft parts demand after MAX grounding

United Technologies on Tuesday raised its full-year sales and profit forecasts, aided by an increase in demand for its aircraft maintenance parts and services as airlines grapple with overworked planes due to the grounding of Boeing's MAX jets.



4 years ago

Lockheed looking to shift sourcing F-35 parts to U.S. from Turkey: CEO

Lockheed Martin Corp said on Tuesday it has been working to establish alternate supply sources for F-35 parts in the United States after the Pentagon decided last week https://reut.rs/2y5bKbX to remove Turkey from the fighter jet program.



4 years ago