Latest News on private equities market

Facebook's Libra project has no solid plan yet for how or where it will be launched next year, a member of the board that will oversee the cryptocurrency told Reuters on Thursday.

Goldman Sachs Group Inc is in talks with the U.S. government to pay a $2 billion fine and admit guilt to resolve a criminal investigation into its role in a Malaysian corruption scandal, the Wall Street Journal reported on Thursday.

The Bank of England (BOE) has admitted that a rogue supplier has been misusing feeds from its press briefings since earlier this year.

Art Cashin, managing director of UBS Financial Services, offers his predictions for 2020.

Oil prices hovered near three-month peaks on Thursday, buoyed by falling U.S. crude inventories and thawing trade relations between the United States and China.

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

Volkswagen's namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV's), a senior manager of the unit said.

China's Ant Financial, a fintech affiliate of e-commerce giant Alibaba Group Holding Ltd , has quietly acquired a sizable stake in a Vietnamese e-wallet eMonkey, people familiar with the matter said.

China on Thursday unveiled a new list of import tariff exemptions for six chemical and oil products from the United States, days after the world's two largest economies announced a Phase 1 trade deal.

U.S. homesharing site Airbnb on Thursday won its battle to remain exempt from onerous European property regulations, as the EU's top court ruled it was an online platform and not a property agent.

E-commerce giant Alibaba Group Holding Ltd and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba.

Britain's Financial Reporting Council (FRC) has added an extra year to its investigation into accountant EY's audit of Thomas Cook, the holiday company that collapsed in September leaving tens of thousands of people stranded abroad.

Incoming Chief Executive Bernard Looney will not take up either of BP's seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said.

SoftBank-controlled Yahoo Japan has pulled out of a Japanese apartment rental venture with Oyo Hotels and Homes, in the latest setback for the loss-making Indian startup.

Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, the airline's acting CEO said, as it counts the costs of having 18 of the aircraft grounded since March.