Latest News on private equities market

Amazon to seek order to block Microsoft from working on DoD's JEDI contract

Amazon to seek order to block Microsoft from working on DoD's JEDI contract

Amazon.com Inc will ask a judge to temporarily block Microsoft Corp from working on a $10 billion cloud contract from the Pentagon, a court filing showed on Monday.



6 years ago
Phase 1 trade deal stops bleeding, doesn't end U.S.-China dispute: U.S. Chamber

Phase 1 trade deal stops bleeding, doesn't end U.S.-China dispute: U.S. Chamber

The Phase 1 trade deal to be signed this week by China and the United States "stops the bleeding" but does not end the trade war, a senior U.S. Chamber of Commerce official said on Monday, warning that significant challenges remain.



6 years ago
UK, U.S. and industry officials to meet before Huawei decision: Downing Street

UK, U.S. and industry officials to meet before Huawei decision: Downing Street

Officials from the British and U.S. governments and the telecoms industry will meet on Monday, before Britain is due to take a decision on the possible use of Huawei [HWT.UL] equipment in future 5G mobile networks, Prime Minister Boris Johnson's spokesman said.



6 years ago
U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

U.S. coal-fired power plants closing fast despite Trump's pledge of support for industry

U.S. coal-fired power plants shut down at the second-fastest pace on record in 2019, despite President Donald Trump’s efforts to prop up the industry, according to data from the federal government and Thomson Reuters.



6 years ago
Oil steady as U.S.-Iran conflict eases, trade deal details elusive

Oil steady as U.S.-Iran conflict eases, trade deal details elusive

Oil prices dipped slightly on Monday as investors shift their focus away from easing Mideast tensions to this week's scheduled signing of an initial U.S.-China trade deal whose details remain to be seen.



6 years ago
Stocks pinned near record highs ahead of U.S.-China trade deal

Stocks pinned near record highs ahead of U.S.-China trade deal

World stock markets were flat on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. trade deal, although markets have yet to see details of the agreement.



6 years ago
India's Supreme Court asks crime fighting agency to seize local assets of JPMorgan: report

India's Supreme Court asks crime fighting agency to seize local assets of JPMorgan: report

India's Supreme Court on Monday directed the government's crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard.



6 years ago
Oil falls 1% as Mideast tensions ease, U.S. gasoline stocks weigh

Oil falls 1% as Mideast tensions ease, U.S. gasoline stocks weigh

Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following a bearish U.S. report last week showing a large gasoline stockbuild.



6 years ago
Grab launches first cloud kitchen in Singapore amid GrabFood expansion

Grab launches first cloud kitchen in Singapore amid GrabFood expansion

Tech In Asia | Miguel Cordon | Jan 8, 2020 Southeast Asian ride-hailing giant Grab has opened its first cloud kitchen in Singapore as part of the company’s 2020 expansion strategy for its food delivery service GrabFood. GrabKitchen offers merchant-partners a platform to introduce new food concepts and brands. In addition to offering a space

6 years ago
U.S. Champagne drinkers should expect costs to pop with new tariffs

U.S. Champagne drinkers should expect costs to pop with new tariffs

Lovers of Champagne and other French sparkling wines should brace for big cost increases if the United States makes good on a threat to impose 100% tariffs on French goods in a dispute over the country's planned digital services tax.



6 years ago
WeWork debacle has unicorn investors seeking cover

WeWork debacle has unicorn investors seeking cover

In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have been pushing for more safeguards in case their firms fail to go public or sell shares at a lower valuation than pre-IPO financing rounds.



6 years ago
Lululemon raises quarterly forecast after upbeat holiday sales

Lululemon raises quarterly forecast after upbeat holiday sales

Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, boosted by strong holiday season demand.



6 years ago
Oil steady as U.S.-Iran tensions ease, trade deal details elusive

Oil steady as U.S.-Iran tensions ease, trade deal details elusive

Oil prices steadied on Monday as investors shifted their focus away from easing Mideast tensions to this week's scheduled signing of an initial U.S.-China trade deal whose details remain to be seen.



6 years ago
New Boeing chief executive takes over with 737 MAX crisis unresolved

New Boeing chief executive takes over with 737 MAX crisis unresolved

Boeing Co's new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model's worldwide grounding in March.



6 years ago
Stocks, dollar gain ahead of U.S.-China trade deal

Stocks, dollar gain ahead of U.S.-China trade deal

The dollar edged higher while a gauge of global equity markets rose on Monday, lifted by optimism over the planned signing this week of a U.S.-China trade deal and expectations the start of the U.S. corporate earnings season will not disappoint.



6 years ago