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Latest News on private equity markets

Netflix shares plunge as global growth falls short, U.S. customers shrink

Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition.



4 years ago

Netflix to roll out cheaper mobile-only plan in India

Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India, tapping into a price-sensitive market where data consumption on smartphones is surging.



4 years ago

Asian stocks wobble, bond yields fall on earnings woes, trade worries

Asian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, helping to underpin solid demand for safe-haven U.S. Treasuries.



4 years ago

Crude futures fall after strong build in U.S. oil products stocks

Oil prices fell on Thursday, extending declines into a fourth day, after official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season.



4 years ago

Australian property firm LendLease lands $15 billion deal with Google

Australian construction firm LendLease Group on Thursday said it has secured a contract from Alphabet Inc's Google to jointly undertake development of properties worth $15 billion in the U.S. state of California.



4 years ago

Australian developer LendLease lands $15 billion project with Google; shares surge

Australia's LendLease Group on Thursday said it secured a contract with Alphabet Inc's Google to develop $15 billion worth of residential and retail space in Silicon Valley, sending the builder's stock to a more than eight-month high.



4 years ago

Crude futures steady after fall on U.S. oil products stocks gain

Oil prices steadied on Thursday after falling in the previous session when official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season.



4 years ago

Ericsson second-quarter operating profit matches expectations

Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America.



4 years ago

How lithium-rich Chile botched a plan to attract battery makers

In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.



4 years ago

Renault-Nissan alliance is priority for France ahead of any consolidation: Le Maire

Renault's alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler , French Finance Minister Bruno Le Maire said on Wednesday.



4 years ago

Ericsson says on track for 2020 targets as second-quarter profit matches forecasts

Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financial goals due to strong sales of 5G equipment.



4 years ago

Making sense of chaos? Algos scour social media for clues to crypto moves

After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.



4 years ago

Nissan, Volvo and FCA lead European sales decline

European car sales dropped 7.9% in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data published on Wednesday.



4 years ago

Asia shares subdued, dollar supported as sterling suffers

Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.



4 years ago

Oil prices gain, U.S. crude trails Brent after inventory data

Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent following data showing U.S. crude inventories fell less than expected.



4 years ago