Latest News on private equities market

Credit Suisse admits surveillance of second executive

Credit Suisse admits surveillance of second executive

Credit Suisse on Monday admitted it was behind instructions to carry out surveillance on a second executive, after dismissing a previous similar incident as an "isolated event".



6 years ago
Warren Buffett protege Todd Combs named Geico CEO

Warren Buffett protege Todd Combs named Geico CEO

Combs will take over the second-largest U.S. auto insurer on Jan. 1, 2020, replacing Bill Roberts, a 35-year Geico veteran.

6 years ago
ByteDance has no sale plans for TikTok, media report untrue - internal note

ByteDance has no sale plans for TikTok, media report untrue - internal note

Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform's head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns.



6 years ago
Asia stocks drift lower as holiday lull counters trade cheer

Asia stocks drift lower as holiday lull counters trade cheer

Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday lull offset optimism that a U.S.-China trade deal will boost exports and corporate earnings.



6 years ago
New Boeing boss David Calhoun is a tough-minded veteran of crisis

New Boeing boss David Calhoun is a tough-minded veteran of crisis

Beleaguered Boeing Co is putting its future in an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world's largest planemaker.



6 years ago
Oil prices inch higher amid support for supply cuts, lower inventory forecast

Oil prices inch higher amid support for supply cuts, lower inventory forecast

Oil prices edged higher on Tuesday after Russia's energy minister, Alexander Novak, said cooperation with OPEC on supporting the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.



6 years ago
Spirit Airlines to buy 100 Airbus A320neo family aircraft

Spirit Airlines to buy 100 Airbus A320neo family aircraft

U.S. budget carrier Spirit Airlines Inc said on Monday it will buy 100 Airbus A320neo-family jets to be delivered through 2027, with options to purchase up to 50 additional aircraft.



6 years ago
'So high': Tesla shares cross $420 mark over a year after Musk buyout tweet

'So high': Tesla shares cross $420 mark over a year after Musk buyout tweet

Tesla Inc shares traded above $420 on Monday, more than a year after Elon Musk tweeted he had "funding secured" to take the electric car maker private at that price, only to later give up under investor pressure and regulatory concerns.



6 years ago
Not knowing these Roth IRA truths can cost you

Not knowing these Roth IRA truths can cost you

Being able to draw from post-tax savings in retirement can help you limit your taxable income and boost your bottom line. But many people don't know the ins and outs of one retirement savings choice — Roth IRAs — that can help you achieve that. Here's a breakdown of what you need to know.

6 years ago
In win for Uber, judge strikes down New York City's cruising cap

In win for Uber, judge strikes down New York City's cruising cap

A New York state judge on Monday ruled in favor of Uber Technologies Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.



6 years ago
S&P 500, Nasdaq scale new highs; Boeing lifts Dow

S&P 500, Nasdaq scale new highs; Boeing lifts Dow

The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing was a big boost to the Dow after the planemaker fired its chief executive officer.



6 years ago
Global shares inch to new highs on trade hopes, dollar little changed

Global shares inch to new highs on trade hopes, dollar little changed

Equity markets extended a year-end rally on Monday, with a global index of stocks' performance and Wall Street hitting new highs, lifted by optimism over U.S.-China trade and growth prospects.



6 years ago
Credit Suisse admits spying on second executive

Credit Suisse admits spying on second executive

Credit Suisse on Monday admitted to snooping on another of the bank's former executives, deepening a spying scandal at the Swiss group, which is already under investigation for putting its ex-wealth management chief under surveillance.



6 years ago
Last-minute financial moves to make before year end

Last-minute financial moves to make before year end

Instead of thinking of it as a resolution, use this time as an opportunity to form new, healthy money habits that will last throughout your lifetime.

6 years ago
Disruptive decade: Ten things the teen years brought world markets

Disruptive decade: Ten things the teen years brought world markets

The 21st century's teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and investment models in the past decade:



6 years ago