Latest News on private equities market

Goldman CEO says process on canceled WeWork IPO 'worked'

Goldman CEO says process on canceled WeWork IPO 'worked'

Goldman Sachs Chief Executive David Solomon called WeWork's abandoned initial public offering (IPO) a great example of the listing process working on Tuesday, even if was "not as pretty as everybody would like it to be".



6 years ago
Oil market shrugs off Libya crisis amid ample global supply

Oil market shrugs off Libya crisis amid ample global supply

Oil prices fell on Tuesday on expectations that a well-supplied global market, including supplies from growing record U.S. production, would be able to absorb disruptions that have cut Libya's crude production to a trickle.



6 years ago
Starbucks to add more plant-based food in latest green push; Beyond Meat shares jump

Starbucks to add more plant-based food in latest green push; Beyond Meat shares jump

Starbucks Corp aims to add more plant-based food and drinks to its menu as part of the company's latest plan to become more environmentally friendly, Chief Executive Kevin Johnson said on Tuesday, prompting a surge in shares of Beyond Meat Inc .



6 years ago
Risk assets slip on Chinese virus anxiety

Risk assets slip on Chinese virus anxiety

Risk assets took a hit across the globe on Tuesday while the Japanese yen and U.S. Treasury prices gained as financial markets reacted to mounting concern about a new strain of flu-like virus in China.



6 years ago
China virus outbreak impedes Wall Street rally; Netflix earnings on deck

China virus outbreak impedes Wall Street rally; Netflix earnings on deck

Wall Street's main indexes paused near all-time highs on Tuesday, as concerns about the fallout from a deadly virus outbreak in China and a downbeat growth outlook from the IMF prompted investors to lock in recent gains.



6 years ago
S&P 500 loses ground amid China virus outbreak, growth fears

S&P 500 loses ground amid China virus outbreak, growth fears

The benchmark S&P 500 slipped on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF prompted investors to lock in recent gains.



6 years ago
Brazil's GOL sees 737 MAX flying by April, compensation talks ongoing

Brazil's GOL sees 737 MAX flying by April, compensation talks ongoing

Brazilian low-cost carrier GOL, which has 130 of Boeing's grounded 737 MAX jets on order, expects to be flying the jet by April and hopes to secure a compensation deal within months, chief financial officer Richard Lark said on Monday.



6 years ago
Lawmakers want to end age discrimination — and that's good for your wallet

Lawmakers want to end age discrimination — and that's good for your wallet

The House of Representatives passed a bill that would make it more difficult to fire or discipline older workers based solely on their age.

6 years ago
Exclusive: Philadelphia refinery expected to be sold to real estate developer - sources

Exclusive: Philadelphia refinery expected to be sold to real estate developer - sources

The bankrupt Philadelphia Energy Solutions is expected to sell its fire-damaged refinery site to real estate developer Hilco Redevelopment Partners, three sources familiar with the situation said on Tuesday.



6 years ago
Uber tests feature allowing some California drivers to set fares

Uber tests feature allowing some California drivers to set fares

Uber Technologies Inc on Tuesday said it is testing a feature that allows some drivers in California to set their own fares, hoping the change will help it show that its drivers are independent contractors rather than employees under state law.



6 years ago
Feel good factor keeps world stocks near record highs, oil jumps

Feel good factor keeps world stocks near record highs, oil jumps

World stocks held near record highs on Monday as generally better data and earnings bolstered sentiment, while oil prices hit their highest in over a week after two large crude production bases in Libya began shutting down following a blockade.



6 years ago
Global stocks stay near record highs; focus turns to central banks, earnings

Global stocks stay near record highs; focus turns to central banks, earnings

World stocks traded just below record highs on Monday, pausing ahead of this week's central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.



6 years ago
IMF cuts global growth forecasts as India falters, says bottom may be near

IMF cuts global growth forecasts as India falters, says bottom may be near

The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said a U.S.-China trade deal was another sign that trade and manufacturing activity may soon bottom out.



6 years ago
Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.

Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday.



6 years ago
BBC's Hall to step down ahead of crunch funding talks with British government

BBC's Hall to step down ahead of crunch funding talks with British government

The BBC's most powerful man will step down in six months to allow a new person to lead negotiations with Prime Minister Boris Johnson's government over a financing model for the publicly funded broadcaster.



6 years ago