Latest News on private equities market

Oil prices rose more than 1% on Thursday after U.S. President Donald Trump said Washington was "very close" to nailing down a trade deal with China.

Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co's chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is "not realistic," according to an email seen by Reuters.

Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the state-owned oil firm's value.

Global oil inventories could rise sharply despite OPEC and its allies deepening their output cuts and slowing U.S. production growth, the International Energy Agency (IEA) said on Thursday.

Nokia, German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their technology licensing dispute, the Finnish telecoms equipment maker said on Thursday.

Mark Schneider, Nestle's first outside chief executive officer in almost a century, has made big strides in positioning the world's largest food company for the future with aggressive deal making since taking over in January 2017.

New research shows that the retirement savings rate has not returned to pre-Financial Crisis levels. And 401(k) plans, which were supposed to replace pensions, are letting some American families fall through the cracks, according to the Economic Policy Institute.

The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week, but that probably does not signal a pickup in layoffs as the claims data tends to be volatile in the period following the Thanksgiving Day holiday.

Remillard Consulting Group | Richard Remillard | Dec 11, 2019 At this time of year, predictions for 2020 are starting to rain down with as much frequency as occurs in Vancouver in the winter months. At the risk of waterlogging readers and, hopefully, with slightly more accuracy than weather forecasters in the era of climate

World shares took another run at record highs on Thursday, as the right messages from the U.S. Federal Reserve set traders up for a packed day of central bank meetings and a Brexit-defining election in Britain.

The record figure was long ridiculed and regarded with disbelief by much of the financial community.

Ferrari will issue its first fully electric model after 2025, with battery technology still requiring more development, Chief Executive Louis Camilleri said.

The European carmakers' association (ACEA) has appointed Fiat Chrysler Chief Executive Mike Manley as its new president from January 2020, it said on Thursday.

Citigroup and Credit Suisse have dropped out of the U.S. initial public offering (IPO) of Chinese shared workspace provider Ucommune, baulking at its desired valuation, two people with direct knowledge of the matter said.

China has raised "important concerns" with Boeing Co regarding design changes proposed to end the grounding of the Boeing 737 MAX airliner, Beijing's aviation regulator said on Thursday, declining to say when it might fly in China again.