Latest News on private equities market

Airbus beats Boeing to become preferred supplier for Qantas Sydney-London flights

Airbus beats Boeing to become preferred supplier for Qantas Sydney-London flights

Qantas Airways Ltd said on Friday is has chosen Airbus SE as preferred supplier for jets capable of the world's longest commercial flights from Sydney to London, beating rival Boeing Co after a hard-fought contest.



6 years ago
An Amazon Alexa executive's move to Taser-maker Axon is the future of law-enforcement technology

An Amazon Alexa executive's move to Taser-maker Axon is the future of law-enforcement technology

When Axon Enterprise hired its new chief software executive from Amazon Alexa and sent him out to accompany police officers on midnight ride-alongs, it was an indicator of where the company known for Tasers and body-worn cameras is headed. The former Amazon executive will be making big bets on the technologies that Axon thinks will be critical to the future of police work.

6 years ago
American Airlines pulls 737 MAX from schedule through April 6

American Airlines pulls 737 MAX from schedule through April 6

American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through April 6, it said on Thursday, a day after the U.S. Federal Aviation Administration said it would not approve the plane's return to service before January.



6 years ago
If you want to be a market-beating investor, find two partners

If you want to be a market-beating investor, find two partners

The best team size is three when managing money, said Michael Mauboussin, director of research at BlueMountain Capital.

6 years ago
Trump says U.S. and China 'very close' to trade deal as fresh tit-for-tat tariffs loom

Trump says U.S. and China 'very close' to trade deal as fresh tit-for-tat tariffs loom

China and the United States are in close communication on trade, officials in Beijing and Washington said, days before tit-for-tat tariffs are due to go into effect.



6 years ago
China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources

China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources

The White House has agreed to suspend some tariffs on Chinese goods and reduce others in return for Beijing's pledge to hike purchases of U.S. farm products in 2020, sources said on Thursday, taking a step towards de-escalating the trade war between the world's two biggest economies.



6 years ago
FAA chief tells Boeing CEO to focus on quality, timeliness of data submissions: email

FAA chief tells Boeing CEO to focus on quality, timeliness of data submissions: email

The head of the U.S. FAA told Boeing Co's chief executive on Thursday the U.S. planemaker should focus on the quality and timeliness of data submittals for FAA review, according to an email from an FAA official to U.S. lawmakers seen by Reuters.



6 years ago
Facebook pledges $130 million to content oversight board, delays naming members

Facebook pledges $130 million to content oversight board, delays naming members

Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected.



6 years ago
Wall Street hits records on news of U.S.-China trade deal

Wall Street hits records on news of U.S.-China trade deal

Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.



6 years ago
Hopes for U.S.-China trade progress push global stock index to record high

Hopes for U.S.-China trade progress push global stock index to record high

MSCI's global stock index hit a record high on Thursday and the U.S. dollar gained along with U.S. Treasury yields after reports the United States has reached in principle a "phase one" trade deal with China.



6 years ago
No money? No problem. Five strategies from a millennial millionaire will get you to that first $10,000

No money? No problem. Five strategies from a millennial millionaire will get you to that first $10,000

Want to see a five-figure balance in your bank or investment account? Two things to know. Starting is the hardest part. Next hardest: getting to that first $10,000. Then it gets easier.

6 years ago
U.S. producer prices flat; jobless claims at more than two-year high

U.S. producer prices flat; jobless claims at more than two-year high

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices.



6 years ago
S&P 500 hits record high as Trump says close to 'big deal' with China

S&P 500 hits record high as Trump says close to 'big deal' with China

The benchmark S&P 500 hit a record high on Thursday after President Donald Trump said in a tweet that the United States was getting very close to a "big deal" with China.



6 years ago
Delta predicts 2020 profit growth; CEO says more people turning to air travel

Delta predicts 2020 profit growth; CEO says more people turning to air travel

Delta Air Lines Inc sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum.



6 years ago
Saudi Aramco set to hit $2 trillion market value on Thursday

Saudi Aramco set to hit $2 trillion market value on Thursday

Saudi Aramco's share price jumped 10% for the second consecutive day, hitting 38.7 riyals ($10.32) in a pre-market auction, Refinitiv data showed, suggesting the company will hit a $2 trillion market value when it starts trading on Thursday.



6 years ago