Latest News on private equities market

Exclusive: French want PSA-Fiat board guarantee in $50 billion merger - sources

French shareholders in the planned merger of PSA and Fiat Chrysler are seeking reassurances that they will retain a numerical advantage on a combined board if CEO Carlos Tavares leaves, two sources close to PSA said.



5 years ago

Oil nears three-month high as trade hopes, UK election boost sentiment

Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain.



5 years ago

U.S. agency probes 12th Tesla crash tied to possible Autopilot use

The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut on Saturday.



5 years ago

T-Mobile CEO takes the stand in T-Mobile/Sprint merger trial

T-Mobile US Inc Chief Executive John Legere testified on Friday that he believes U.S. regulators considered Dish Network's history of attempting to build a wireless network when they approved the merger between T-Mobile and Sprint Corp .



5 years ago

Global shares gain, oil rises, but caution lingers on U.S.-China deal

Global equity markets and oil prices rose on Friday after China and the United States agreed on an initial trade deal that rolls back some U.S. tariffs in exchange for China's increased purchase of farm goods, coming just ahead of a deadline for a new round of U.S. tariffs.



5 years ago

Goldman is disappointed in trade deal: Tariff rollback 'smaller than expected'

"The reduction is only half as large as our baseline assumption," said Goldman's chief economist Jan Hatzius.

5 years ago

Exclusive: Hudson's Bay's take-private deal falls short in shareholder vote - sources

Saks Fifth Avenue owner Hudson's Bay Co has fallen short in securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.



5 years ago

Boeing bows out of multibillion-dollar Minuteman missile replacement competition

Boeing Co has decided not to compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars.



5 years ago

One-third of credit card debt is caused by medical expenses. These steps can help you manage those bills

Millions of Americans are getting socked with surprise medical bills. And many are turning to their credit cards because they have no other way to pay. These steps can help you get out from under the weight of those debts.

5 years ago

Wall Street steady as U.S., China announce trade deal

The S&P 500 and the Dow industrials ended little changed on Friday, hitting record highs in the session, as the United States and China announced an initial trade agreement, cooling tensions that have rattled markets.



5 years ago

Bristol-Myers wins $752 million in U.S. patent case against Gilead

Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer.



5 years ago

Exclusive: Hudson's Bay Co's take-private deal falls short in shareholder vote - sources

Saks Fifth Avenue owner Hudson's Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.



5 years ago

Technology Trends & Industries to Watch in 2020

As we move into 2020, we’re taking a look at a few technologies and consumer-facing industries to watch in the coming year. Continue reading

5 years ago

Saudi Aramco set to hit $2 trillion market value on Thursday

Saudi Aramco's share price jumped 10% for the second consecutive day, hitting 38.7 riyals ($10.32) in a pre-market auction, Refinitiv data showed, suggesting the company will hit a $2 trillion market value when it starts trading on Thursday.



5 years ago