Latest News on private equities market

There's now a record number of 401(k) and IRA millionaires, according to Fidelity

There's now a record number of 401(k) and IRA millionaires, according to Fidelity

The study found 441,000 IRA or 401(k) accounts they manage had balances of $1 million or more.

6 years ago
Google's fight against EU antitrust fine comes up against critical judge

Google's fight against EU antitrust fine comes up against critical judge

Google's battle against a $2.6 billion EU antitrust fine was dealt an apparent setback on Thursday, when one of the judges hearing the case said the company had committed a "clear infraction" in its handling of price-comparison shopping services.



6 years ago
Jet market oracle Tinseth bows out with Boeing at crossroads

Jet market oracle Tinseth bows out with Boeing at crossroads

Years ago, when Randy Tinseth was still running Boeing's sales account for United Airlines, the plane company's designers pulled him aside.



6 years ago
Gazprom to resume China gas route talks once virus quarantine lifted

Gazprom to resume China gas route talks once virus quarantine lifted

Russia's Gazprom said on Thursday it will continue talks on new China natural gas routes once the coronavirus quarantine is lifted.



6 years ago
Futures slide as new coronavirus cases surge

Futures slide as new coronavirus cases surge

U.S. stock index futures slipped on Thursday, a day after Wall Street closed at record levels, as a spike in the number of deaths and new cases related to the coronavirus outbreak in China sent investors scurrying to safe-haven assets.



6 years ago
Organisers of cancelled mobile conference play down compensation chances

Organisers of cancelled mobile conference play down compensation chances

Companies that have spent money on a major telecoms conference in Barcelona that has been cancelled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organisers' standard insurance, they said on Thursday.



6 years ago
Wall Street eases from record highs on coronavirus concerns, Cisco results

Wall Street eases from record highs on coronavirus concerns, Cisco results

Wall Street's main indexes eased from record highs on Thursday, pressured by shares of Cisco after its disappointing quarterly forecast, while a spike in new coronavirus cases in China weighed on the sentiment.



6 years ago
Oil prices turn positive, shrugging off bearish news

Oil prices turn positive, shrugging off bearish news

Oil prices rose on Thursday as U.S. markets opened, shrugging off bearish OPEC and IEA reports which cut back demand forecasts for this year on the back of the coronavirus outbreak in China, the world's biggest oil importer.



6 years ago
Oil prices fall on bearish demand forecasts

Oil prices fall on bearish demand forecasts

Oil prices fell on Thursday after OPEC and IEA reports cut back demand forecasts for this year on the back of the coronavirus outbreak in China, the world's biggest oil importer.



6 years ago
UK's Domino's finds buyers for Norway business

UK's Domino's finds buyers for Norway business

Britain's biggest pizza delivery company Domino's Pizza Group said on Thursday it would sell its Norwegian business to existing minority shareholders of the business, kicking off the sale of its loss-making overseas operations.



6 years ago
Investment bank loss mars Thiam's final act at Credit Suisse

Investment bank loss mars Thiam's final act at Credit Suisse

Credit Suisse posted its best annual profit in nearly a decade on Thursday but volatile earnings at its investment bank and trading divisions took some of the shine off outgoing CEO Tidjane Thiam’s swan song.



6 years ago
Nissan slashes profit outlook after sales slide, says more restructuring needed

Nissan slashes profit outlook after sales slide, says more restructuring needed

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.



6 years ago
Apple to reopen some stores in Beijing on February 14: website

Apple to reopen some stores in Beijing on February 14: website

Apple will reopen some stores in Beijing from Feb. 14 with reduced opening hours, it said on its website, while many of its other stores in mainland China will remain shut as the country continues to battle a coronavirus outbreak.



6 years ago
Nissan slashes profit outlook after sales slump, says more restructuring needed

Nissan slashes profit outlook after sales slump, says more restructuring needed

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.



6 years ago
Competition heats up in turboprop market

Competition heats up in turboprop market

Competition is cranking up in the world of turboprops.



6 years ago