NEW YORK, April 27- Private equity firm KKR& Co LP posted better-than-expected earnings on Thursday as a jump in income on the back of higher investment returns lifted the bottom line. New York- based KKR said it had earned economic net income of $549.9 million after taxes in the first quarter, compared to a loss of $553 million a year ago. Indeed, KKR said its...
Caterpillar CEO Jim Umpleby says its strong results stemmed from improved operational performance and cost cutting.
TOKYO, April 12- Japan's core machinery orders rose 1.5 percent in February from the previous month, government data showed on Wednesday, underscoring a gradual pick-up in capital expenditure. The rise in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months, was below the 2.7 percent gain...
U.S. regulators have given tentative approval to a Chinese conglomerate's proposed $43 billion acquisition of Swiss agribusiness giant Syngenta.
Ulrich Spiesshofer, CEO of ABB, says countries that utilize robotics the most actually have the lowest unemployment rates.
Ulrich Spiesshofer, CEO of ABB, says it's important for the company that both the U.S. and China markets continue to grow.
Boeing is rallying on the hope President Donald Trump will help big industrial exporters. But they may have gone too far.
January core machinery orders were lower but business investments still look set to increase, says Kohei Iwahara of Natixis.
Machinery order data have been see-sawing for a year now, flags Martin Schulz of the Fujitsu Research Institute.
A brewery in New Zealand designed a machine that crushes beer bottles into a sand substitute to save the country's beaches.
Lee Wai Kwong, CEO of ASM Pacific Technology, talks about the precision technology needed to produce high-tech camera equipment.
Japan's October core machinery orders rose for the first time in three months to beat expectations.
Japan's core machinery orders fell 2.2 percent in August from the previous month, in a sign of fragility in capital expenditure.
Japanese companies have been making record profits but capital expenditure remains weak, says Japan Macro Advisors' Takuji Okubo.
Japan's core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure.
A torrent of data from China and India due this week will offer insights into the health of Asia's fastest-growing economies.
Japan's core machinery orders rose 8.3 percent in June from the previous month, in a sign that capital expenditure was starting to recover.
Erik Nielsen, global chief economist at UniCredit, discusses the latest industrial figures from Germany, which show exports and output are down.
Ulrich Spiesshofer, CEO of ABB, says his company needs to readjust its efforts, especially in China where sluggish demand hit profits.
Ann Duignan, JPMorgan machinery & multi-industry analyst, explains why she sees more downside risk heading into 2016.