Latest News on private equities market

The United States' economy would be growing at a pace near 4% if wasn't for the lingering effect of Federal Reserve rate hikes, President Donald Trump told CNBC in an interview on Wednesday.

Airbus' shares rose to record highs on Wednesday, after its U.S. arch rival Boeing warned of new issues with the Boeing 737 MAX plane, while customers and suppliers slumped after the latest blow from the U.S. aerospace company.

Aircraft lessor Air Lease Corp , which has ordered 150 of Boeing's grounded 737 MAX, remains confident in the jet's long-term value, Chief Financial Officer Greg Willis said on Wednesday after Boeing announced a new delay to its return.

U.S. President Donald Trump said on Wednesday a tax cut for the middle class would be announced over the next 90 days.

Japan's most prominent activist investor on Wednesday demanded Toshiba Machine Co hold an extraordinary shareholders meeting to discuss its plans to introduce defense measures against a hostile takeover.

Hyundai Motor Co turned in its best quarterly operating profit in over two years and said it was on track for higher profit margins in 2020, powered by more sales of sport-utility vehicles (SUVs) such as the Palisade and Kona.

Hong Kong's Cathay Pacific Airways Ltd will allow all crew members and frontline employees to wear surgical masks due to concerns over a new coronavirus, and said passengers to and from Wuhan, China, could change or cancel flights for free through Feb. 15.

Oil prices dropped on Wednesday as the International Energy Agency's (IEA) forecast of a market surplus in the first half of this year was enough to cancel out concerns about military disruptions that have slashed Libya's crude output.

Mike Coupe will step down as CEO of Sainsbury's at the end of May after six years at the helm, with Britain's second largest supermarket group opting for continuity by choosing retail director Simon Roberts as his successor.

Boeing Co said on Wednesday it has agreed with Israel-based Tactical Robotics to explore development of a ducted fan propulsion technology with potential uses for piloted and autonomous light aircraft.

German luxury car maker Daimler on Wednesday issued its third profit warning for 2019, as costs related to the diesel scandal, heavy investment in electric vehicles and production issues weighed on earnings.

Change is afoot at BP. Incoming Chief Executive Bernard Looney plans to expand the company's climate targets and is considering overhauling the structure of the oil and gas major in one of the biggest shake-ups in its 111-year history. 

The challenge posed by Facebook's Libra cryptocurrency likely prodded major central banks to set up a new group to study the potential for issuing their own digital currencies, a former Bank of Japan executive said on Wednesday.

Mike Coupe will step down as CEO of Sainsbury's at the end of May after six years at the helm, with Britain's second largest supermarket group opting for continuity by choosing retail and operations director Simon Roberts as his successor.

A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets.