Latest News on private equities market

Accenture beats quarterly estimates on digital and cloud strength

Accenture beats quarterly estimates on digital and cloud strength

Accenture Plc beat Wall Street estimates for first-quarter earnings on Thursday, as investments in its fast-growing digital and cloud services businesses continue to pay off.



6 years ago
Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger

Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger

China's Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles (FCA).



6 years ago
German court bans Uber's ride-hailing services in Germany

German court bans Uber's ride-hailing services in Germany

A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport services using rental cars.



6 years ago
Swedish, Norwegian crowns lifted by rate decisions; Aussie still strong

Swedish, Norwegian crowns lifted by rate decisions; Aussie still strong

The dollar was down 0.1% on Thursday, little changed by U.S. President Donald Trump's impeachment, while the Swedish and Norwegian crowns both rose slightly following central bank policy announcements that were in line with expectations.



6 years ago
Citi, ValueAct Capital extend information sharing, engagement agreement through 2021

Citi, ValueAct Capital extend information sharing, engagement agreement through 2021

Citi Group and hedge fund ValueAct Capital said on Thursday they would extend an existing information-sharing agreement for another two years through the end of 2021.



6 years ago
Wall Street edges higher after jobless data; markets shrug off impeachment

Wall Street edges higher after jobless data; markets shrug off impeachment

U.S. stocks opened slightly higher on Thursday as data showed a dip in weekly jobless claims, while investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.



6 years ago
Why this 'rule' about credit card use could be costing you

Why this 'rule' about credit card use could be costing you

If you think your credit scores won't be negatively affected unless your total balance climbs above 30% of your available credit, guess again.

6 years ago
U.S. weekly jobless claims fall; mid-Atlantic factory activity almost stalls

U.S. weekly jobless claims fall; mid-Atlantic factory activity almost stalls

The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength.



6 years ago
Spending bill aims to rescue some workers' pensions, but not everyone makes the cut

Spending bill aims to rescue some workers' pensions, but not everyone makes the cut

Congress is looking to push through a bill to protect coal miners' pensions this week. But that raises the question as to what will happen to other workers whose companies, and retirement plans, are going broke. Here's how the negotiations are shaping up.

6 years ago
U.S.-China to sign 'phase one' trade pact in early January: Mnuchin

U.S.-China to sign 'phase one' trade pact in early January: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Friday the United States and China would sign their so-called phase one trade pact at the beginning of January, adding that it was completely finished and just undergoing a technical "scrub."



6 years ago
Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source

Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source

Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in a Malaysia corruption scandal, according to a source familiar with the matter.



6 years ago
Bond yields rise as Sweden ends negative rates, stocks gain

Bond yields rise as Sweden ends negative rates, stocks gain

Bond yields rose after Sweden stopped five years of negative interest rates, signaling an era of sub-zero rates may be near an end, while global equity markets extended a rally that has pushed U.S. and global stock benchmarks to record highs.



6 years ago
Adidas and Beyonce to launch gender-neutral collection

Adidas and Beyonce to launch gender-neutral collection

Adidas will start selling a new collection designed with singer Beyonce on Jan. 18 in a relaunch of her Ivy Park brand that includes shoes, clothes and accessories, mostly in maroon, orange and cream.



6 years ago
This map shows where people with the best – and worst – credit card habits live in the US

This map shows where people with the best – and worst – credit card habits live in the US

The amount of time it takes people in different cities to repay their credit card debt varies vastly.

6 years ago
Goldman Sachs is in talks with the US government to settle 1MDB scandal for about $2 billion

Goldman Sachs is in talks with the US government to settle 1MDB scandal for about $2 billion

A settlement would lift a cloud that has hung over Goldman and its CEO David Solomon since he took over in late 2018.

6 years ago