Latest News on private equities market

Trump says he may wait to finish Phase 2 China trade deal until after November

Trump says he may wait to finish Phase 2 China trade deal until after November

U.S. President Donald Trump on Thursday said his administration will start negotiating the Phase 2 U.S.-China trade agreement soon but that he might wait to complete any agreement until after November's U.S. presidential election.



6 years ago
IKEA enters UK shopping centers market with London mall deal

IKEA enters UK shopping centers market with London mall deal

IKEA's shopping center business is spending 170 million pounds ($222 million) to buy and upgrade a London mall in its first foray into Britain, betting it can win over a nation increasingly doing its shopping online.



6 years ago
'Kohl's is just roadkill,' says Cramer. 'I'm speechless' after 'a terrible holiday season'

'Kohl's is just roadkill,' says Cramer. 'I'm speechless' after 'a terrible holiday season'

"They're just trying to stay in the game," CNBC's Jim Cramer.

6 years ago
Oil slips as focus shifts from Iran tensions to U.S. crude build

Oil slips as focus shifts from Iran tensions to U.S. crude build

Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused toward rising U.S. crude stocks and away from fears of an imminent escalation of conflict between the United States and Iran.



6 years ago
Airbus boosts output at U.S. plant amid tariff dispute

Airbus boosts output at U.S. plant amid tariff dispute

Airbus will increase production of A320-family jets at its Mobile, Alabama, plant to seven a month by the beginning of 2021, adding 275 jobs, the European planemaker said on Thursday.



6 years ago
After escaping Japan, Ghosn feels Lebanese crisis

After escaping Japan, Ghosn feels Lebanese crisis

Carlos Ghosn's daring escape from Japan to Lebanon may have cast light on his wealth and influence, but in Beirut the ex-Nissan boss can only get a few hundred dollars a week from the bank because of the country's deep financial crisis.



6 years ago
Kinder Morgan sells Pembina shares for $764 million

Kinder Morgan sells Pembina shares for $764 million

Pipeline operator Kinder Morgan Inc said on Thursday it sold the 25 million shares in Canada's Pembina Pipeline Corp that it received when Pembina bought Kinder Morgan Canada for $764 million.



6 years ago
Oil slips as focus shifts from Iran tensions to U.S. crude stocks

Oil slips as focus shifts from Iran tensions to U.S. crude stocks

Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused towards rising U.S. crude stocks and away from fears of an imminent escalation of conflict between the United States and Iran.



6 years ago
Ackman avoids limelight even as Pershing Square posts record 2019

Ackman avoids limelight even as Pershing Square posts record 2019

Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after years of losses.



6 years ago
Tech rally, trade hopes boost Wall Street to record highs

Tech rally, trade hopes boost Wall Street to record highs

U.S. stocks hit record highs on Thursday as Middle East tensions eased, optimism about a U.S.-China trade deal rose and several brokerages boosted price targets on high-profile companies.



6 years ago
Citibank to Save $600 Million in 2020 Through Digital Investments

Citibank to Save $600 Million in 2020 Through Digital Investments

Digital | Jan 8, 2020 After partnering with different fintechs and announcing plans to hire 2,500 coders, Citi's technology investments are paying huge dividends. Need to Know Citi’s banking group expects to save $600 million this year through various advances in technology and automation. To facilitate the changes, Citi is adding 2,500 coders and data

6 years ago
U.S. weekly jobless claims fall, but labor market cooling

U.S. weekly jobless claims fall, but labor market cooling

New applications for U.S. jobless benefits fell more than expected last week, but the labor market appears to be cooling, with the number of Americans on unemployment rolls surging to more than a 1-1/2-year high at the end of 2019.



6 years ago
Apple's iPhone sales in China up 18% in December: government data

Apple's iPhone sales in China up 18% in December: government data

Sales of Apple Inc's iPhone in China in December jumped more than 18% year on year, government data showed on Thursday.



6 years ago
First Abu Dhabi Bank to auction Al Jaber's Dubai Shangri-La hotel: sources

First Abu Dhabi Bank to auction Al Jaber's Dubai Shangri-La hotel: sources

First Abu Dhabi Bank (FAB) has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber with a starting price of 700 million dirhams ($190.59 million), two sources said.



6 years ago
Democratic lawmaker rebukes Wells Fargo rebate request

Democratic lawmaker rebukes Wells Fargo rebate request

Democratic Representative Katie Porter, a first-term lawmaker known as a tough Wall Street critic, accused Wells Fargo & Co of passing on costs associated with its wide-ranging scandals to third parties, in a scathing letter sent to the bank's new chief executive on Thursday.



6 years ago