Latest News on private equities market

Safe-haven currencies slip as China virus worries ebb

Safe-haven currencies slip as China virus worries ebb

The U.S. dollar edged lower on Wednesday and the Japanese yen and the Swiss franc slipped amid muted demand for safe haven units as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.



6 years ago
Toyota recalls 361,000 vehicles for air bag inflator issue

Toyota recalls 361,000 vehicles for air bag inflator issue

Toyota Motor Corp said on Wednesday it is recalling 361,000 older vehicles worldwide for potentially defective air bag inflators.



6 years ago
Amazon files motion to halt Microsoft's work on Pentagon's JEDI contract

Amazon files motion to halt Microsoft's work on Pentagon's JEDI contract

Amazon.com Inc on Wednesday said it filed a motion to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to $10 billion cloud computing deal until a court rules on its protest of the contract award.



6 years ago
Exclusive: Malaysia to buy more sugar from India to help resolve palm oil spat - sources

Exclusive: Malaysia to buy more sugar from India to help resolve palm oil spat - sources

Malaysia's top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil.



6 years ago
Boeing delays 777X plane's first test flight due to bad weather

Boeing delays 777X plane's first test flight due to bad weather

Boeing Co said on Wednesday it was delaying 777X airplane's first test flight, which was scheduled to take place on Thursday, due to bad weather.



6 years ago
Oil slump deepens as China virus casts cloud over fuel demand, economy

Oil slump deepens as China virus casts cloud 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
Exclusive: Malaysia to buy more Indian sugar to resolve palm oil spat - sources

Exclusive: Malaysia to buy more Indian sugar to resolve palm oil spat - sources

Malaysia's top sugar refiner said it will increase purchases of the commodity from India, which according to two sources is part of efforts to placate New Delhi amid an ongoing spat over palm oil imports.



6 years ago
Amazon asks court to pause Microsoft's work on Pentagon's JEDI contract

Amazon asks court to pause Microsoft's work on Pentagon's JEDI contract

Amazon.com Inc said on Wednesday it filed a motion in court to pause the U.S. Department of Defense and Microsoft Corp from carrying out an up to $10 billion cloud computing deal until a court rules on its protest of the contract award.



6 years ago
Jamie Dimon says his one big worry is negative interest rates

Jamie Dimon says his one big worry is negative interest rates

J.P. Morgan Chase CEO Jamie Dimon said that negative interest rates are one of the only things that concern him in a market that's otherwise in a "Goldilocks place."

6 years ago
Boeing CEO says taking fresh look at potential mid-market aircraft

Boeing CEO says taking fresh look at potential mid-market aircraft

Boeing Co is taking a fresh look at a potential new mid-market aircraft, Chief Executive Dave Calhoun said on Wednesday, putting the brakes on a project that became overshadowed by the fallout of the 737 MAX.



6 years ago
Kinder Morgan profit, cash flow rise on Gulf Coast Express pipeline strength

Kinder Morgan profit, cash flow rise on Gulf Coast Express pipeline strength

U.S. pipeline operator Kinder Morgan Inc reported a 26% rise in quarterly profit on Wednesday, benefiting from higher gas takeaway from Permian Basin through its Gulf Coast Express pipeline.



6 years ago
After China trade deal, Europe and U.K. next on Trump's to-do list

After China trade deal, Europe and U.K. next on Trump's to-do list

U.S. President Donald Trump vowed to rip up international trade deals and rebalance America's global trade relationships.



6 years ago
Canadian prosecutors seek to fine Volkswagen C$196.5 million for diesel emissions

Canadian prosecutors seek to fine Volkswagen C$196.5 million for diesel emissions

Prosecutors in Canada on Wednesday proposed a $196.5 million (CAD) ($149.5 million) fine against Volkswagen AG after the company pleaded guilty to dozens of counts of diesel emissions violations, a company spokesman confirmed on Wednesday.



6 years ago
Dollar steady as coronavirus contagion fears abate

Dollar steady as coronavirus contagion fears abate

The U.S. dollar was unchanged against a basket of currencies on Wednesday as safe-haven demand ebbed along with worries about whether the spread of a flu-like coronavirus would hurt the global economy.



6 years ago
Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake

Angola's dos Santos named suspect over alleged fraud, selling Eurobic stake

Angola's billionaire former first daughter, Isabel dos Santos, has decided to sell her stake in Portuguese bank Eurobic, the small lender said on Wednesday.



6 years ago