Latest News on private equities market

Saturday before Christmas expected to be the biggest U.S. shopping day of 2019

Saturday before Christmas expected to be the biggest U.S. shopping day of 2019

U.S. retailers are expected to ring up record sales on Super Saturday this year, as fewer days than usual between Thanksgiving and Christmas have squeezed shoppers to finish their purchases.



6 years ago
AIG names COO Peter Zaffino as president

AIG names COO Peter Zaffino as president

American International Group Inc on Thursday named Peter Zaffino, the executive overseeing a turnaround effort of the company's general insurance unit, as the company's president.



6 years ago
Lenovo founder Liu Chuanzhi to retire

Lenovo founder Liu Chuanzhi to retire

Lenovo Group's founder, Liu Chuanzhi, will retire at the year end as chairman of its parent Legend Holdings, the company said on Wednesday.



6 years ago
JPMorgan receives final approval for majority-owned securities venture in China

JPMorgan receives final approval for majority-owned securities venture in China

JPMorgan said on Wednesday it has received the final approval from Chinese regulators to set up a majority-owned securities venture in the country.



6 years ago
UK ad watchdog bans BAT from Instagram e-cigarette promotion

UK ad watchdog bans BAT from Instagram e-cigarette promotion

British American Tobacco (BAT) must stop advertising its e-cigarettes from any public account on Instagram, including some influencers' accounts, the UK's advertising watchdog ruled on Wednesday.



6 years ago
Oil falls as U.S. inventories rise but demand hopes stem bigger drop

Oil falls as U.S. inventories rise but demand hopes stem bigger drop

Oil prices fell on Wednesday after U.S. industry data showed a surprise build up in crude inventories but losses were kept in check by expectations for an uptick in demand next year on the back of progress in resolving the U.S.-China trade row.



6 years ago
World shares remain near record peaks

World shares remain near record peaks

World stocks remained just off record highs on Wednesday after climbing for five straight sessions, while Britain's pound nursed heavy losses as Brexit uncertainty returned.



6 years ago
Futures pause after Wall Street's record run; FedEx sinks

Futures pause after Wall Street's record run; FedEx sinks

U.S. stock index futures were flat on Wednesday as investors paused after Wall Street's record-setting spree, while FedEx eyed its worst day since September after cutting its annual profit forecast for the second time this year.



6 years ago
Mistry's reinstatement at Tata Sons backed by tribunal

Mistry's reinstatement at Tata Sons backed by tribunal

Cyrus Mistry has won backing from a tribunal for reinstatement as executive chairman of Tata Sons, the holding company behind Indian conglomerate Tata Group, lawyers said on Wednesday, knocking shares in group companies.



6 years ago
FCA-PSA deal 'good', government will monitor impact: Italy's Finance Minister

FCA-PSA deal 'good', government will monitor impact: Italy's Finance Minister

Italy's Finance Minister Roberto Gualtieri on Wednesday welcomed the binding merger agreement between Fiat Chrysler and Peugeot maker PSA saying it was "good" and said Rome would keep on eye on the deal's effects on jobs and investments.



6 years ago
Aramco shares slip on day of MSCI, Tadawul inclusion

Aramco shares slip on day of MSCI, Tadawul inclusion

Saudi Aramco shares fell almost 3% on Wednesday as investors pocketed profits on the day it was included in the MSCI Emerging Markets Index and the Saudi Tadawul index .



6 years ago
Indian tribunal orders restoring ex-Tata Sons chairman Cyrus Mistry

Indian tribunal orders restoring ex-Tata Sons chairman Cyrus Mistry

An Indian tribunal on Wednesday ordered restoring Tata Sons' former executive chairman Cyrus Mistry to the position he had held until 2016, a lawyer involved in the case said.



6 years ago
Wall Street holiday parties try dropping booze for bootcamps, smoothies

Wall Street holiday parties try dropping booze for bootcamps, smoothies

Fruit smoothies may become the new martini for Wall Street holiday parties.



6 years ago
Analyst says FedEx plunge leaves bellwether vulnerable to the once unthinkable: an activist

Analyst says FedEx plunge leaves bellwether vulnerable to the once unthinkable: an activist

FedEx's second-quarter results were so bad that it could spark interest among activist investors looking to turn the company around.

6 years ago
Nearly 7% of Disney+ users with Netflix plan to cancel Netflix, survey shows

Nearly 7% of Disney+ users with Netflix plan to cancel Netflix, survey shows

A small but significant group of Netflix and Disney+ users have told Bank of America they expect to cancel their Netflix subscriptions.

6 years ago