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Latest News on private equity markets

United tops profit estimates as MAX woes prompt higher fares in robust travel market

United Airlines Holdings Inc on Tuesday reported a bigger-than-expected increase in second-quarter profit, driven by strong air travel demand and the ability to charge more for seats after the grounding of Boeing Co's 737 MAX reduced capacity.



5 years ago

U.S. lawmakers take jabs at Amazon, Big Tech in antitrust hearing

Lawmakers on the House Judiciary Committee's antitrust panel on Tuesday pressed an executive from Amazon.com Inc on allegations that it competed against its own sellers and pushed them to buy advertising and fulfillment services.



5 years ago

As Fed approaches rate cut, policymakers debate how deep to trim

U.S. Federal Reserve policymakers, moving toward their first interest rate reduction in a decade later this month, on Tuesday sketched out arguments for whether rates should be cut by a quarter or a half a percentage point.



5 years ago

As steep patent cliff looms, Shionogi moves to develop its own U.S. sales staff

For much of its 141-year history, Japan's Shionogi & Co Ltd has played safe when selling its drugs in the United States and other overseas markets - relying on bigger partners to promote its products and avoiding the cost of maintaining a large sales force.



5 years ago

Oil prices steady after falling to more than one-week lows

Oil steadied after falling more than 3% overnight, with U.S. crude trailing Brent after U.S. inventory data fell short of expectations, amid conflicting signals from the U.S. and Iran over the disputes that have roiled prices recently.



5 years ago

Asia shares slip, dollar gains as sterling slides

Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust U.S. retail data and a Brexit-driven dive in the pound.



5 years ago

As Fed nears rate cut, policymakers debate how deep, and even if

With the first U.S. interest rate reduction in a decade expected later this month, two Federal Reserve policymakers sketched out arguments on Tuesday on how deep the cut should be, even as a third said she needs more data before being ready to sign on at all.



5 years ago

U.S., Japan eye possible small trade deal by September: sources

The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday.



5 years ago

Visa invests in Indonesian ride-hailing firm Go-Jek

Visa Inc said on Wednesday it has invested in Indonesia's Go-Jek as part of the ride-hailing company's ongoing Series F fundraising round.



5 years ago

Tencent-backed live-streaming firm DouYu prices U.S. IPO at low end of range

DouYu International Holdings Ltd , China's largest live-streaming platform, on Tuesday said it sold $775 million in stock at a $3.73 billion valuation after pricing its U.S. initial public offering (IPO) at the bottom of an indicative range.



5 years ago

Oil prices gain, U.S. crude little changed 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 after U.S. crude inventories fell less than expected.



5 years ago

Asia shares subdued, dollar benefits 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.



5 years ago

Amazon in deal with German watchdog to overhaul marketplace terms

Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world's biggest online retailer.



5 years ago

United to resume India flights from September as Pakistan reopens airspace

United Airlines Holdings Inc said on Wednesday it would restart daily nonstop service between New York/Newark, New Delhi and Mumbai from Sept. 6, after Pakistan lifted airspace restrictions.



5 years ago

Goldman banker highlights Morgan Stanley's Hong Kong IPO woes

A senior Goldman Sachs banker has highlighted to colleagues the role played by rival Morgan Stanley in failed Hong Kong IPOs following the collapse on Friday of Budweiser APAC's $9.8 billion initial public offering, according to an internal email seen by Reuters.



5 years ago