Latest News on private equities market

PSA Group 2019 sales slump 10% after record 2018

PSA Group 2019 sales slump 10% after record 2018

French carmaker PSA Group said on Thursday global sales fell 10% last year to 3.49 million units, compared with a record 3.88 million in 2018, as it suffered from declining volumes in China, the Middle East and Africa.



6 years ago
Southwest Airlines push Boeing 737 MAX flight cancellations into June

Southwest Airlines push Boeing 737 MAX flight cancellations into June

Southwest Airlines Co said on Thursday it would extend cancellations of 737 MAX flights through June 6, as the grounding of the Boeing Co jet threatens to hurt a second straight U.S. summer travel season.



6 years ago
China's Liu: China will push forward capital account opening, yuan internationalization - state media

China's Liu: China will push forward capital account opening, yuan internationalization - state media

Chinese Vice Premier Liu He said China will steadily push forward capital account opening and yuan internationalization, under the premise of focusing on preventing risks, state media People's Daily reported on Thursday.



6 years ago
Carlos Ghosn's Japanese lawyers quit after former Nissan chief absconds

Carlos Ghosn's Japanese lawyers quit after former Nissan chief absconds

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges.



6 years ago
U.S. retail sales rise steadily; labor market tightening

U.S. retail sales rise steadily; labor market tightening

U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019.



6 years ago
Oil ends higher, as trade deal progress spurs energy demand hopes

Oil ends higher, as trade deal progress spurs energy demand hopes

Oil rose about 1% on Thursday, as progress on another major trade deal fed optimism that energy demand will grow in 2020.



6 years ago
Factbox: How the North American trade deal will affect autos, digital trade, drugs

Factbox: How the North American trade deal will affect autos, digital trade, drugs

The U.S.-Mexico-Canada trade agreement (USMCA) that was passed by the U.S. Senate today modernizes the 26-year-old North American Free Trade Agreement that has been blamed for hollowing out the U.S. manufacturing sector.



6 years ago
Tesla says it plans to open China design and research center

Tesla says it plans to open China design and research center

U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account.



6 years ago
Amazon's $1 billion investment in India no big favor: minister

Amazon's $1 billion investment in India no big favor: minister

Amazon hasn't done India any big favors by investing $1 billion in the country, its trade minister said on Thursday, laying bare the tensions with the U.S. online retail giant during a visit by its CEO Jeff Bezos.



6 years ago
Morgan Stanley shares jump 6% after massive beat on fourth-quarter profit

Morgan Stanley shares jump 6% after massive beat on fourth-quarter profit

CEO James Gorman said that Morgan Stanley met all of the bank's performance targets.

6 years ago
Here are the 5 best states for retirees in 2020

Here are the 5 best states for retirees in 2020

Personal finance website WalletHub is out with yet another list of the best states in which to spend your retirement. Here's what you need to know about competing "best of" lists when it comes to retirement.

6 years ago
You can still win the Powerball jackpot. But it won't mean $321 million in your bank account

You can still win the Powerball jackpot. But it won't mean $321 million in your bank account

While the odds are stacked against hitting the Powerball jackpot — your chance is about 1 in 302 million — the IRS always gets a hefty piece of large lottery prizes.

6 years ago
Factbox: How NBCUniversal's Peacock streaming service stacks up against others

Factbox: How NBCUniversal's Peacock streaming service stacks up against others

Comcast Corp's NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in the highly competitive field.



6 years ago
China set to post weakest growth in 29 years as trade war bites, investment sputters

China set to post weakest growth in 29 years as trade war bites, investment sputters

China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with the United States, and more stimulus steps are expected this year to help avert sharper slowdown.



6 years ago
Facebook is banning deepfake videos

Facebook is banning deepfake videos

Vox Recode | Shirin Ghaffary | Jan 7, 2020 Facebook’s new rules will still allow controversial fake videos like the one of Nancy Pelosi that made her appear to be drunk. Facebook announced late Monday that it would ban “deepfakes,” which are AI-manipulated videos that distort reality, often simulating real people in fake situations. The

6 years ago