Latest News on private equities market

JPMorgan board raises CEO Dimon's pay to $31.5 million

JPMorgan board raises CEO Dimon's pay to $31.5 million

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon got a half-million-dollar raise for 2019, bringing his total compensation for the year to $31.5 million, the company said in a filing on Thursday.



6 years ago
U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal

U.S. bank regulator charges ex-Wells Fargo executives for role in sales scandal

Wells Fargo & Co's U.S. regulator on Thursday announced it had banned former Chief Executive John Stumpf from the banking industry and charged him and seven other former executives combined more than $58 million in civil penalties for their roles in the bank's multi-year sales practices scandal.



6 years ago
Insys founder Kapoor sentenced to 66 months in prison for opioid scheme

Insys founder Kapoor sentenced to 66 months in prison for opioid scheme

John Kapoor, the founder of Insys Therapeutics Inc , on Thursday was sentenced to 66 months in prison for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.



6 years ago
Intel sees 2020 revenue above estimates as chip demand recovers

Intel sees 2020 revenue above estimates as chip demand recovers

Intel Corp on Thursday cemented the market view that a prolonged slowdown in the chip industry is starting to lift after forecasting full-year revenue and profit above analysts' estimates driven by cloud computing demand.



6 years ago
Italy tax police search offices of Eni managers in obstruction probe: sources

Italy tax police search offices of Eni managers in obstruction probe: sources

Italian tax police searched the Milan offices of three managers at Eni on Thursday to widen an investigation into suspected obstruction of justice by officials at the Italian oil group, two sources said.



6 years ago
Boeing reschedules 777X plane's first test flight for Friday

Boeing reschedules 777X plane's first test flight for Friday

Boeing Co said its 777X aircraft's first test flight would take place on Friday after bad weather delayed its scheduled takeoff on Thursday.



6 years ago
Exclusive: Trump to sign USMCA trade deal Wednesday at the White House - source

Exclusive: Trump to sign USMCA trade deal Wednesday at the White House - source

U.S. President Donald Trump will sign a trade pact agreed between the United States, Mexico and Canada on Wednesday during a ceremony at the White House, an administration official told Reuters on Thursday.



6 years ago
Westpac economists now see RBA delaying rate cut to April

Westpac economists now see RBA delaying rate cut to April

Analysts at Westpac Banking Corp now expect the Reserve Bank of Australia (RBA) will cut interest rates in April, rather than February, following a second month of surprisingly upbeat jobs data.



6 years ago
Trump announces adjustments to washer tariff quotas: proclamation

Trump announces adjustments to washer tariff quotas: proclamation

U.S. President Donald Trump announced on Thursday adjustments to tariff-rate quotas (TRQ) on large residential washers, saying that domestic producers had begun to do better in the face of foreign competitors but more was left to be done.



6 years ago
Investor Bill Miller doubles returns in 2019, and says stocks will rise even further in 2020

Investor Bill Miller doubles returns in 2019, and says stocks will rise even further in 2020

Bill Miller came back with a bang in 2019, riding the stock market's relentless rally to record highs. He also thinks there may be more gains in 2020.

6 years ago
Yen up, yuan down over China virus fears; Aussie jumps on jobs data

Yen up, yuan down over China virus fears; Aussie jumps on jobs data

The safe-haven Japanese yen firmed and the Chinese yuan weakened on Thursday, as traders kept a wary eye on the spread of a virus in China, while the battered Australian dollar jumped after a surprise drop in unemployment.



6 years ago
Explainer: Global airlines on high alert as virus outbreak spreads

Explainer: Global airlines on high alert as virus outbreak spreads

Airlines and passengers are on guard against a new flu-like virus that originated in Wuhan, China.



6 years ago
Chinese listed companies ramp up virus efforts after president's call

Chinese listed companies ramp up virus efforts after president's call

A number of Chinese listed companies - ranging from biotech firms, drugmakers, mask producers and thermometer manufacturers - announced efforts in response to a national call to fight the outbreak of the Wuhan coronavirus.



6 years ago
Steep losses in China stocks hit Asia, oil tumbles as virus fears grow

Steep losses in China stocks hit Asia, oil tumbles as virus fears grow

Asian shares tumbled on Thursday, led by the biggest slide in Chinese stocks in more than eight months, as investors grew more anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.



6 years ago
Oil skids as specter of China virus looms over fuel demand, economy

Oil skids as specter of China virus looms over fuel demand, economy

Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.



6 years ago