Latest News on private equities market

Tesla shares rise, reversing early losses following $2 billion stock offering

Tesla shares rise, 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. adds new charges to its case against Huawei

U.S. adds new charges to its case against Huawei

The U.S. government on Thursday added fresh charges to its case against Chinese smartphone maker Huawei Technologies Co that has angered China and hurt U.S.-Chinese diplomatic relations.



6 years ago
Here are the winners and losers of the Trump tax cuts

Here are the winners and losers of the Trump tax cuts

Here's who won and lost after the 2018 tax overhaul and how to determine which camp you're in. If you're judging it by the size of your refund, you're doing it wrong.

6 years ago
S&P 500, Nasdaq turn positive amid mixed coronavirus news

S&P 500, Nasdaq turn positive amid mixed coronavirus news

The S&P 500 reversed its losses on Thursday as investors weighed mixed news on the coronavirus and a spate of corporate earnings.



6 years ago
Walmart's Mexico unit posts 4.5% drop in net profit

Walmart's Mexico unit posts 4.5% drop in net profit

Walmart de Mexico, Mexico's largest retailer, on Thursday reported fourth quarter net profit of 11.2 billion pesos ($594.7 million), a 4.5% drop over the same period last year.



6 years ago
Oil prices climb on hopes of deeper OPEC+ production cuts

Oil prices climb on hopes of deeper OPEC+ production cuts

Oil prices edged higher on Thursday as investors focused on the possibility of deeper supply cuts from the world's biggest producers, whilst largely shrugging off reports which cut demand forecasts after the coronavirus outbreak in China, the biggest oil importer.



6 years ago
U.S. gives Huawei another 45 days to buy from American suppliers

U.S. gives Huawei another 45 days to buy from American suppliers

The Trump administration on Monday issued a 45-day extension allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd.



6 years ago
Prosecutors challenge antitrust approval of Boeing-Embraer tie-up

Prosecutors challenge antitrust approval of Boeing-Embraer tie-up

Brazilian prosecutors have filed an appeal with antitrust agency Cade asking the regulator to reconsider its approval of a deal selling control of Embraer SA's commercial aviation division to Boeing Co , according to public filings.



6 years ago
Defensive stocks lift Wall Street from session lows amid coronavirus worries

Defensive stocks lift Wall Street from session lows amid coronavirus worries

Defensive stocks helped the S&P 500 and the Nasdaq erase losses to trade flat on Thursday, even though a sharp rise in new coronavirus cases in China kept investors worried.



6 years ago
Oil prices climb on prospects for deeper OPEC+ output cuts

Oil prices climb on prospects for deeper OPEC+ output cuts

Oil prices edged higher on Thursday, as investors hoped the world's biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China.



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
Jump in coronavirus cases halts stock rally; dollar gains

Jump in coronavirus cases halts stock rally; dollar gains

The dollar rose and global equity markets slumped on Thursday after a new methodology that sharply increased the death toll in China from the coronavirus unnerved investors and halted a rally that had lifted U.S. and European stocks to record peaks.



6 years ago
U.S. accuses Huawei of stealing trade secrets, dealing with North Korea

U.S. accuses Huawei of stealing trade secrets, dealing with North Korea

U.S. prosecutors on Thursday added trade secret theft charges to their bank fraud case against Chinese smartphone maker Huawei Technologies Co, further escalating the U.S. battle with the world's largest telecommunications equipment maker.



6 years ago
Fire damage at Exxon's second largest U.S. refinery leaves restart uncertain: sources

Fire damage at Exxon's second largest U.S. refinery leaves restart uncertain: sources

Exxon Mobil Corp does not have a timeline for restarting fuel-producing units at its second-largest U.S. refinery following a fire Wednesday that cut production, sources said, as the shutdown boosted gasoline prices on Thursday.



6 years ago
HSBC Canada Breaks from Big Six Banks in Call to Encourage Fintechs

HSBC Canada Breaks from Big Six Banks in Call to Encourage Fintechs

The Logic |By Zane Schwartz | Feb 12, 2020 While Canada’s Big Six banks urge caution about the introduction of open banking, the Canadian subsidiary of U.K.-based multinational HSBC wants the federal government to require banks to share information with the fintechs trying to compete with them. In a February 2019 submission to the finance

6 years ago