Latest News on private equities market

French telco Orange found guilty over workers' suicides in landmark ruling

French telco Orange found guilty over workers' suicides in landmark ruling

French telecoms group Orange and its former CEO Didier Lombard were guilty of "moral harassment" that prompted a spate of suicides during a restructuring at the company in the late 2000s, a Paris court ruled on Friday.



6 years ago
Aramco, Alibaba rescue sluggish 2019 global ECM market

Aramco, Alibaba rescue sluggish 2019 global ECM market

Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) in 2019 after a string of shelved initial public offerings (IPOs) and share price slumps.



6 years ago
Veteran watchdog Bailey to guide Bank of England through Brexit

Veteran watchdog Bailey to guide Bank of England through Brexit

Britain's new government named Andrew Bailey as the Bank of England's next boss on Friday, entrusting a veteran regulator and technocrat with steering the economy and its vast finance industry through Brexit.



6 years ago
AirPods were a $6 billion business for Apple this year and will be even bigger next year, top analyst says

AirPods were a $6 billion business for Apple this year and will be even bigger next year, top analyst says

Sales of Apple's wireless headphones are poised to grow by 150% in 2020, according to a top analyst from Bernstein.

6 years ago
U.S. third-quarter growth unrevised; consumer spending strong

U.S. third-quarter growth unrevised; consumer spending strong

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market.



6 years ago
Take Five: Ding dong markets merrily on high

Take Five: Ding dong markets merrily on high

As end-December approaches, money market players' thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo market spiked to 10%, boosting the premium to borrow dollars. The fear is a bigger crunch may erupt in the $2.2 trillion U.S. repo market towards year-end, a period when banks lend less and trading volumes fall.



6 years ago
The best year financial markets have ever had?

The best year financial markets have ever had?

For all the angst about trade wars, geopolitics and a sputtering and overly indebted global economy, 2019 might just be the best year investors have ever had.



6 years ago
France fines Google $167 million for opaque ad platform rules

France fines Google $167 million for opaque ad platform rules

France's competition watchdog on Friday fined Google 150 million euros ($167 million) for abusing its dominant market position by applying opaque and unpredictable rules on its Google Ads advertising platform.



6 years ago
It's time to take money from your retirement savings. How to get it right

It's time to take money from your retirement savings. How to get it right

Congress passed a bill that would allow retirement savers to wait longer to start drawing down their money. They currently have to do so at 70½, but they might have until 72 now.

6 years ago
Boeing supplier Spirit AeroSystems to suspend production of 737 MAX parts

Boeing supplier Spirit AeroSystems to suspend production of 737 MAX parts

Boeing Co's biggest supplier, Spirit AeroSystems Inc , said on Friday it would temporarily halt production of 737 MAX parts beginning Jan. 1.



6 years ago
U.S. economy grows steadily in third quarter; consumer spending solid in November

U.S. economy grows steadily in third quarter; consumer spending solid in November

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market.



6 years ago
Wall Street rides trade optimism to record highs

Wall Street rides trade optimism to record highs

U.S. stocks inched to fresh record highs on Friday, as investors remained optimistic about improving trade relations between Washington and Beijing in the run-up to the holiday season.



6 years ago
Wall Street analysts bullish over Nike's digital growth, look past margin weakness

Wall Street analysts bullish over Nike's digital growth, look past margin weakness

Wall Street analysts were upbeat about Nike Inc's long-term growth, encouraged by the sportswear maker's robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market.



6 years ago
How to spend your retirement savings without paying a tax penalty

How to spend your retirement savings without paying a tax penalty

The IRS requires savers to make withdrawals from their retirement accounts at a certain age. Here's what you need to know.

6 years ago
Wall Street opens at record high as trade optimism persists

Wall Street opens at record high as trade optimism persists

U.S. stock indexes opened at record highs on Friday amid optimism over a further winding down in Sino-U.S. trade tensions, starting with an interim deal due to be inked in January.



6 years ago