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Latest News on private equity markets

Tesco to cut 4,500 jobs in Metro restructuring

Tesco , Britain's biggest retailer, said it would cut around 4,500 jobs from its Metro stores in a new wave of redundancies designed to cut costs and reposition the group to compete in the highly challenging environment.



5 years ago

HSBC's Flint reversal raises risks for chairman Tucker

HSBC's shock ousting of John Flint as chief executive was seen by some investors and bank insiders on Monday as a risky gambit by Chairman Mark Tucker given the political and economic uncertainties in the bank's core markets.



5 years ago

Google pledges carbon-neutral shipping, recycled plastic for all devices

Alphabet Inc's Google on Monday announced that it would neutralize carbon emissions from delivering consumer hardware by next year and include recycled plastic in each of its products by 2022.



5 years ago

China is just getting started with using its currency as weapon in the trade war, analysts say

The Chinese yuan fell to its lowest level against the dollar in 11 years and could continue to fall as China and the United States escalate their trade dispute, analysts say.

5 years ago

Chipmakers, retailers and Apple sell off as trade war-related names fear further escalation

On Monday, shares of some chipmakers, retailers, Apple and Wynn Resorts tumbled on fears that the U.S. and China's trade battle is far from over.

5 years ago

Takeaway.com and Just Eat agree merger terms

Amsterdam-based Takeaway.com and British rival Just Eat have finalised the terms of their deal to create a global food delivery company that can rival Uber Eats as the largest outside China.



5 years ago

Wall Street slumps as yuan slide intensifies trade angst

Wall Street's main indexes fell sharply on Monday, with the Dow Jones Industrial Average tumbling more than 500 points, as China's willingness to let the yuan slide in response to the latest U.S. tariff threat fanned fears that it could further aggravate an ongoing trade war.



5 years ago

Stocks sink on trade fears as yuan slumps to a decade low

Stock markets around the world fell hard and the Chinese yuan weakened to an 11-year low on Monday as fears of an escalation in the U.S.-China trade war jolted financial markets.



5 years ago

Markets brace for volatility surge as currencies enter trade war

China's decision to let its yuan plunge through a previously sacrosanct level means a tit-for-tat trade conflict could morph into a currency war, injecting volatility into long-dormant foreign exchanges and piling pressure on world markets.



5 years ago

Walmart says no change in company firearms sales policy since El Paso shooting

Walmart Inc , the largest firearms retailer in the country, said on Monday there has been no change in company policy on firearms sales after two mass shootings over the weekend.



5 years ago

Tyson Foods hits record high after beating estimates, prepares for China profit boost

Tyson Foods Inc reported better-than-expected quarterly earnings on Monday and reaffirmed expectations it will profit from the spread of a fatal hog disease in China, sending shares to a record high.



5 years ago

Sports Direct buys fashion retailer Jack Wills for 12.75 million pounds

Britain's Sports Direct International Plc has bought clothing retailer Jack Wills for 12.75 million pounds ($15.51 million), the Mike Ashley-led company said on Monday.



5 years ago

Apple will weather the latest tariff threat, so buy the pullback, major analysts say

Wall Street analysts said Apple is likely to absorb the cost of the new tariff and called it a great buying opportunity.

5 years ago

U.S. services sector slows; orders hit three-year low

U.S. services sector activity slowed in July as new orders dropped to their lowest level in three years, suggesting the economy lost further momentum early in the third quarter.



5 years ago

Should you really do nothing amid market volatility? It depends on whether you're 27 or 63

As the longest bull market in history wanes, it can be helpful to turn your attention to your own timeline.

5 years ago