Latest News on private equities market

Musk tweets support for Dorsey remaining as Twitter CEO

Musk tweets support for Dorsey remaining as Twitter CEO

Elon Musk said late on Monday he supported Jack Dorsey remaining as Twitter Inc's chief executive officer, two days after reports that activist investor Elliott Management Corp has pushed for his removal from the role.



6 years ago
Facebook pulls out of South by Southwest festival over coronavirus fears

Facebook pulls out of South by Southwest festival over coronavirus fears

Facebook Inc is pulling out of this year's South by Southwest (SXSW) music and tech festival over growing concerns about the coronavirus outbreak, a spokesperson for the company said on Monday.



6 years ago
Global shares extend rebound on hopes of G7 support

Global shares extend rebound on hopes of G7 support

Global shares and oil prices extended their rebound on Tuesday on mounting speculation policymakers around the world would move to ease the economic fallout from the spreading coronavirus, ahead of a conference call by Group of Seven heads.



6 years ago
GFL raises $1.4 billion in IPO amid volatile markets

GFL raises $1.4 billion in IPO amid volatile markets

GFL Environmental Inc on Monday raised about $1.4 billion in its initial public offering, pricing it below the target range in a conservative step to ride out market volatility in the wake of the coronavirus outbreak.



6 years ago
Oil rises a second day as stimulus hopes, expected OPEC cuts offset virus

Oil rises a second day as stimulus hopes, expected OPEC cuts offset virus

Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.



6 years ago
Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil comes off lows as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



6 years ago
Here's how to maximize traditional and Roth retirement savings

Here's how to maximize traditional and Roth retirement savings

Tax treatment varies among types of retirement accounts, which means the investments you hold in each of them should ideally capitalize on those differences, experts say.

6 years ago
Hyundai Motor's February sales down 13% amid coronavirus outbreak

Hyundai Motor's February sales down 13% amid coronavirus outbreak

South Korea's Hyundai Motor said on Monday its sales fell 13% on-year to 275,044 vehicles globally in February amid a coronavirus outbreak that disrupted supply of parts from China.



6 years ago
Asian shares rebound as markets bet on coordinated policy stimulus

Asian shares rebound as markets bet on coordinated policy stimulus

Asian shares regained a measure of calm on Monday as markets bounced after a searing sell-off last week and as investors pinned hopes on a likely coordinated global monetary response to help soften the economic blow of the coronavirus outbreak.



6 years ago
Coronavirus expected to hurt U.S. earnings harder and longer

Coronavirus expected to hurt U.S. earnings harder and longer

The hit to U.S. corporate earnings from the coronavirus epidemic is getting harder and messier to predict.



6 years ago
Nike temporarily closes European headquarters due to coronavirus case

Nike temporarily closes European headquarters due to coronavirus case

Nike's European headquarters in the Netherlands will be closed on Monday and Tuesday after an employee was infected with the coronavirus.



6 years ago
Swiss National Bank to double payout after posting $50 billion profit

Swiss National Bank to double payout after posting $50 billion profit

The Swiss National Bank posted an annual profit of 48.9 billion Swiss francs ($50.71 billion), the central bank said on Monday, and said it would double its payout to Switzerland's regional and central governments.



6 years ago
UK wants retaliatory tariffs removed early on in U.S. trade talks: Truss

UK wants retaliatory tariffs removed early on in U.S. trade talks: Truss

British trade minister Liz Truss said she wanted with the United States to agree to the removal of retaliatory tariffs on some British and U.S. products over EU subsidies on large aircraft early in trade negotiations to show goodwill.



6 years ago
SoftBank CEO tells U.S. investors he'll be more careful

SoftBank CEO tells U.S. investors he'll be more careful

SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment style, turned on the charm in a meeting with U.S. investors on Monday, but offered few concrete concessions.



6 years ago
Oil extends gains as hopes of stimulus, OPEC cuts offset virus

Oil extends gains as hopes of stimulus, OPEC cuts offset virus

Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that OPEC will order deeper output cuts this week.



6 years ago