Latest News on private equities market

S&P 500 aims for record open on IBM support, fading China virus fears

S&P 500 aims for record open on IBM support, fading China virus fears

U.S. stock index futures pointed to fresh highs for the S&P 500 on Wednesday, as investors took heart from China's efforts to contain a deadly virus outbreak, while strong results from IBM and Netflix boosted earnings optimism.



6 years ago
Meghan and Harry can flee to Canada but they will still owe taxes in the US

Meghan and Harry can flee to Canada but they will still owe taxes in the US

You can move to a different continent to escape your in-laws, but as long as you're still an American, the IRS will always be in your life. Here's what's ahead for the Duchess of Sussex as tax season kicks off.

6 years ago
Oil slides as IEA predicts surplus, Libya disruption concerns fade

Oil slides as IEA predicts surplus, Libya disruption concerns fade

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.



6 years ago
Sainsbury's CEO Coupe to be replaced by retail boss Roberts

Sainsbury's CEO Coupe to be replaced by retail boss Roberts

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.



6 years ago
Boeing eyes developing Israeli technology for light aircraft

Boeing eyes developing Israeli technology for light aircraft

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.



6 years ago
Exclusive: Bank of America to hire 50 bankers for Asia dealmaking team in 2020 - sources

Exclusive: Bank of America to hire 50 bankers for Asia dealmaking team in 2020 - sources

Bank of America Corp will recruit about 50 bankers for its investment team in Asia this year, as it pushes to bulk up its dealmaking business and shore up revenues from the unit globally, three people with direct knowledge of the matter said.



6 years ago
Here are the smartest things to do with that bonus check

Here are the smartest things to do with that bonus check

An annual bonus is a reward, so don't be afraid to spend a bit on something that brings you pleasure. But it's also important to allocate a portion of this money to meet short- and long-term financial goals.

6 years ago
Five facts about new Sainsbury's CEO Roberts

Five facts about new Sainsbury's CEO Roberts

Simon Roberts has been appointed to replace Mike Coupe as the boss of Britain's second-largest supermarket group Sainsbury's .



6 years ago
NYC Transit expects return of Bombardier subway cars to service this week

NYC Transit expects return of Bombardier subway cars to service this week

New York City Transit expects subway cars recently built by Bombardier to return to service this week, after the estimated 300 cars were yanked earlier in the month because of safety concerns over the doors, agency president Andy Byford said on Tuesday.



6 years ago
Airlines scour the world for scarce 737 MAX simulators

Airlines scour the world for scarce 737 MAX simulators

Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model.



6 years ago
Oil falls again as ample global supply seen offsetting Libyan outage

Oil falls again as ample global supply seen offsetting Libyan outage

Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.



6 years ago
Netflix forecasts tough start to 2020; Disney+ going global

Netflix forecasts tough start to 2020; Disney+ going global

Netflix Inc has entered a new year that will be far tougher than the one it left behind.



6 years ago
China stocks tumble on virus outbreak, but regional markets steady

China stocks tumble on virus outbreak, but regional markets steady

Asian stock markets bounced on Wednesday as China's response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism.



6 years ago
Yuan, Australian dollar struggle to wipe off coronavirus concerns

Yuan, Australian dollar struggle to wipe off coronavirus concerns

The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the U.S.-China trade war.



6 years ago
GM's Cruise unit unveils driverless vehicle for ride-sharing service

GM's Cruise unit unveils driverless vehicle for ride-sharing service

General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled an electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service, but did not say when it would go into production.



6 years ago