Latest News on private equities market

Oil prices rise 1%, on course for weekly gain

Oil prices rise 1%, on course for weekly gain

Oil prices rose on Friday and held on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.



6 years ago
Zuckerberg ready for Facebook to pay more tax as welcomes rules review

Zuckerberg ready for Facebook to pay more tax as welcomes rules review

Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.



6 years ago
Samsung's jailed board chairman quits

Samsung's jailed board chairman quits

Samsung Electronics' board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.



6 years ago
NMC Health vice chair quits, shares fall further

NMC Health vice chair quits, shares fall further

NMC Health said on Friday Executive Vice Chairman Khalifa Butti Omeir Bin Yousef had resigned from its board, the latest sign of turbulence at the United Arab Emirates largest private healthcare provider as it eyes a sale to one of two private equity groups.



6 years ago
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker's earnings forecast and dividend raised questions about its future profitability.



6 years ago
European shares scale record even as coronavirus shows no signs of peaking

European shares scale record even as coronavirus shows no signs of peaking

European shares touched record highs on Friday as investors digested whether China's coronavirus outbreak would cause long-lasting damage to global economy.



6 years ago
Boeing to extend labor contract with engineer's union by four years

Boeing to extend labor contract with engineer's union by four years

U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.



6 years ago
Tesla shares jump 6% to session high, reversing early losses following $2 billion stock offering

Tesla shares jump 6% to session high, reversing early losses following $2 billion stock offering

Tesla will offer $2 billion of common stock, with CEO Elon Musk and board member Larry Ellison each buying shares.

6 years ago
U.S. judge orders temporary halt to Microsoft's work on Pentagon's JEDI contract

U.S. judge orders temporary halt to Microsoft's work on Pentagon's JEDI contract

A U.S. judge on Thursday granted Amazon.com Inc's request for a preliminary injunction to pause the U.S. Department of Defense and Microsoft Corp from moving forward on an up-to-$10 billion cloud computing deal.



6 years ago
Trump Fed nominee Shelton hits bipartisan skepticism in Senate hearing

Trump Fed nominee Shelton hits bipartisan skepticism in Senate hearing

Federal Reserve board nominee Judy Shelton faced deep skepticism from Republicans and Democrats on the Senate Banking Committee on Thursday, as lawmakers challenged her independence from President Donald Trump and characterized her thinking as too far outside the mainstream to trust with the nation's economy.



6 years ago
Trump Fed nominee Shelton apologises for likening currency forger to Rosa Parks

Trump Fed nominee Shelton apologises for likening currency forger to Rosa Parks

Federal Reserve board nominee Judy Shelton on Thursday apologised for having likened a convicted currency counterfeiter to U.S. civil rights icon Rosa Parks in an unusual exchange with a lawmaker weighing her appointment to the central bank.



6 years ago
U.S. files superseding indictment against Huawei Technologies, CFO Meng

U.S. files superseding indictment against Huawei Technologies, CFO Meng

The U.S. government on Thursday filed a superseding indictment against the Chinese smartphone maker Huawei Technologies Co and its Chief Financial Officer Meng Wanzhou.



6 years ago
They worked at a Catholic hospital for decades. Then it took away their pension

They worked at a Catholic hospital for decades. Then it took away their pension

A loophole in federal retirement law means workers at nonprofits associated with churches are at risk of losing their pensions.

6 years ago
JPMorgan gives fintechs July deadline to sign new data deals: sources

JPMorgan gives fintechs July deadline to sign new data deals: sources

JPMorgan Chase & Co has told financial technology companies that they will be barred from accessing its customer information by July 30 if they do not sign data access agreements with the bank and agree to a plan to stop using customer passwords to gather the data.



6 years ago
This old-school scam has jumped 65% since 2015 and costs consumers millions

This old-school scam has jumped 65% since 2015 and costs consumers millions

Scammers use fake checks to dupe even skeptical consumers by exploiting how quickly funds are credited to bank accounts.

6 years ago