Latest News on private equities market

Trump urges Boeing to move fast on resolving 737 MAX issues

U.S. President Donald Trump on Wednesday urged Boeing Co to move quickly to resolve issues with the grounded 737 MAX, noting the planemaker's significant impact on the U.S. economy.



5 years ago

What's in the U.S.-China Phase 1 trade deal

U.S. President Donald Trump and Chinese Vice Premier Liu He signed a deal on Wednesday in the White House that cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more of American farm, energy and manufactured goods and address some U.S. complaints about intellectual property practices.



5 years ago

Goldman pledges 'concrete' expense target after profit decline

Goldman Sachs Group Inc will set an expense target at its investor day later this month, management said on Wednesday, after the bank missed Wall Street profit expectations due to inflated costs.



5 years ago

Electronic payments usage is up, but comes with privacy issues for consumers

Digital and card payments have increased dramatically over the past few years, according to Federal Reserve data. While the trend poses benefits like speed and consumer ease, it also brings up data privacy and cash-flow issues.

5 years ago

Trump: U.S. will lift tariffs on China after Phase 2 deal finished

U.S. President Donald Trump on Wednesday said he would remove all U.S. tariffs on Chinese imports as soon as the two countries completed the Phase 2 part of their trade agreement, adding that he does not expect there to be a Phase 3 pact.



5 years ago

U.S-China trade deal touts financial sector wins, but there's a sense of deja-vu

The long-awaited U.S.-China trade deal unveiled on Wednesday touted new wins for U.S. financial firms looking to access China's $4 trillion financial market, but many of the changes were already in train even before the trade war ignited.



5 years ago

Pratt & Whitney expects GTF engine software update on A220 jet in spring

A software update for the GTF engine on Airbus' smallest jet, the A220, is expected in the spring, pending regulatory approval, a top executive at United Technologies Corp's Pratt & Whitney aircraft engine division said on Wednesday.



5 years ago

U.S. producer prices nudge up as inflation remains benign

U.S. producer prices edged up in December as a rise in the cost of goods was offset by weakness in services, the latest indication of tame inflation pressures that could allow the Federal Reserve to keep interest rates unchanged this year.



5 years ago

S&P 500 near record high after U.S., China sign Phase 1 trade deal

The S&P 500 rose to trade near all-time high on Wednesday after the United States and China signed a Phase 1 trade agreement and pledged to resolve their longstanding tariff dispute that has roiled financial markets in the recent years.



5 years ago

U.S. economy expands modestly but trade tensions weigh, Fed survey shows

The U.S. economy expanded at a modest pace through the final six weeks of 2019 but uncertainty over U.S. trade policy continued to hurt firms, a survey conducted by the Federal Reserve said on Wednesday.



5 years ago

Oil little changed after U.S.-China trade deal offsets U.S. product build

Oil prices were slightly down in seesaw trade on Wednesday, pressured early by data showing big increases in U.S. refined products but lifted later by the signing of a Phase 1 trade deal between Washington and Beijing.



5 years ago

U.S., China tiptoe around holes in new trade agreement

The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved.



5 years ago

Oil down slightly after U.S.-China trade deal, U.S. product build

Oil prices were down slightly on Wednesday, pressured early by data showing big increases in U.S. refined products but recovered some of the losses later by the signing of a Phase 1 trade deal between Washington and Beijing.



5 years ago

China's 'market condition' caveat on U.S. ag purchases adds to Phase 1 doubts

China's pledge to buy U.S. farm goods based on "market conditions" during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over the lingering tariffs on U.S. exports.



5 years ago

Airbus sales chief says no need to cut production of A330neo

Airbus sees enough demand for its wide-bodied A330neo passenger jet to keep production stable, Chief Commercial Officer Christian Scherer told Reuters on Wednesday.



5 years ago