Latest News on private equities market

Ghosn lawyers still in possession of his passports, lawyer says

Ghosn lawyers still in possession of his passports, lawyer says

Ousted Nissan Motor Co boss Carlos Ghosn's three passports were held by his lawyers and he could not have used any of them to escape Japan, one of the lawyers told reporters on Tuesday, adding that his client's actions were "inexcusable".



6 years ago
Oil posts biggest yearly rise since 2016

Oil posts biggest yearly rise since 2016

Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China trade war and ongoing supply cuts from major oil producers.



6 years ago
Tesla must face lawsuit claiming racism at California factory

Tesla must face lawsuit claiming racism at California factory

A federal judge rejected Tesla Inc's effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racial hostility, clearing the way for a possible trial.



6 years ago
S&P 500 inches lower as year-end record rally cools off

S&P 500 inches lower as year-end record rally cools off

The S&P 500 dipped on Tuesday as investors took profits from a year-end rally powered by trade optimism and an improving global outlook, which put the benchmark index on track for its biggest annual percentage gain since 2013.



6 years ago
Global stocks end 2019 near record highs, dollar slides

Global stocks end 2019 near record highs, dollar slides

The dollar slid to a six-month low on Tuesday as progress on U.S.-China trade tensions led investors to higher-risk assets, while a year-end rally that pushed global equity markets to record highs petered out on the last trading day of 2019.



6 years ago
Climate change investing catches on with millennials who believe it's pressing — and profitable

Climate change investing catches on with millennials who believe it's pressing — and profitable

Climate change investments had been a niche play, but they should become a much more important investment focus in the next decade.

6 years ago
Navarro sees 'at least' Dow 32,000 in 2020 and US economic growth closer to 3% next year

Navarro sees 'at least' Dow 32,000 in 2020 and US economic growth closer to 3% next year

"I'm looking forward to a great 2020," the White House trade advisor tells CNBC. "I'm seeing closer to 3% real GDP growth than 2%."

6 years ago
Global stocks end 2019 close to record highs

Global stocks end 2019 close to record highs

Global equities drifted on Tuesday while the dollar ended 2019 on a subdued note following a buoyant year of stock market gains, driven in recent weeks by hopes of an imminent U.S.-China trade deal.



6 years ago
Futures dip as year-end rally cools off

Futures dip as year-end rally cools off

U.S. stock index futures dipped on Tuesday after retreating from record highs in the previous session, as a Wall Street rally, fueled by optimism around U.S.-China trade progress, fizzled out in the final days of the decade.



6 years ago
Tencent gets into global groove with stake in Vivendi's Universal

Tencent gets into global groove with stake in Vivendi's Universal

A Tencent-led consortium is taking a 10% stake in Vivendi's Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros ($34 billion) and giving the Chinese firm a global backstage pass.



6 years ago
Singapore's GIC part of consortium investing in Vivendi's Universal Music: source

Singapore's GIC part of consortium investing in Vivendi's Universal Music: source

Singapore's state investor GIC is part of the consortium led by China's Tencent that's buying up to 20% of Vivendi's Universal Music Group (UMG), according to a source familiar with the deal.



6 years ago
Qatar's state investor also part of Tencent's Universal deal

Qatar's state investor also part of Tencent's Universal deal

Qatar Investment Authority (QIA) is another member of the Tencent-led consortium buying a 10% stake in Vivendi's Universal Music Group, a source familiar with the deal said on Tuesday.



6 years ago
Wall St. dips at open as year-end rally tapers off

Wall St. dips at open as year-end rally tapers off

U.S. stocks fell at the open on Tuesday, as a Wall Street rally fizzled out in the final days of the decade after growing trade optimism and a brightening global outlook put the S&P 500 on track for its best year since 2013.



6 years ago
Google to end 'Double Irish, Dutch' tax scheme: filing

Google to end 'Double Irish, Dutch' tax scheme: filing

Alphabet , the parent company of Google, will no longer use the intellectual property licensing scheme commonly known as the "Double Irish, Dutch sandwich", according to 2018 tax filings with the Irish and Dutch governments seen by Reuters.



6 years ago
Trump says U.S.-China trade deal will be signed on January 15

Trump says U.S.-China trade deal will be signed on January 15

U.S. President Donald Trump said on Tuesday that Phase 1 of an American trade deal with China would be signed on Jan. 15 at the White House.



6 years ago