Latest News on private equities market

Trump says trade talks with China going 'very well'

U.S. President Donald Trump said on Wednesday that trade talks with China were going "very well," sounding more positive than on Tuesday when he said a trade deal might have to wait until after the 2020 U.S. presidential election.



5 years ago

Here are the biggest analyst calls of the day: Tesla, Target, Denny's & more

Here are the biggest calls on Wall Street on Wednesday.

5 years ago

Trump says Huawei is a security risk as NATO seeks secure 5G

U.S. President Donald Trump said on Wednesday that Chinese telecommunication firm Huawei was a security risk after NATO said it needed secure next-generation 5G technology.



5 years ago

Oil rises ahead of OPEC output talks

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles.



5 years ago

Portag3 Ventures closes $320 million second fund focused on fintech investment

TechCrunch | Darrell Etherington | Dec 3, 2019 Canadian venture capital firm Portag3 Ventures has closed a second fund focused on investing in fintech startups, with final commitments from institutional and strategic LPs totally $427 million CAD (around $320 million USD). The fund will focus on early-stage investments, and it’ll look to invest in companies

5 years ago

Hyperpartisan politics has entered the small business outlook

From overall economic confidence to concerns about the potential impact of a Trump impeachment, Brexit and government shutdown, owners of businesses across the U.S. are deeply influenced by partisan politics, a new CNBC|SurveyMonkey analysis shows.

5 years ago

U.S. service sector slows more than expected in November

U.S. services sector activity slowed more than expected in November amid lingering concerns about trade tensions and worker shortages, which could revive fears about the economy's health.



5 years ago

Ryanair cuts planned capacity and jobs, blames 737 MAX delays

Low-cost airline Ryanair trimmed its passenger traffic forecast on Wednesday, saying it would cut summer capacity and an unspecified number of jobs as a result of further delays in returning Boeing's grounded 737 Max aircraft to service.



5 years ago

Barry Callebaut cites progress in helping cocoa farmers tackle child labor

Swiss cocoa products maker Barry Callebaut said on Tuesday that 26% of the farmer groups from which it sourced products in 2018/2019 had programs to prevent child labor,



5 years ago

Saudi Aramco's bookrunners recommend IPO should be priced at top end: sources

Saudi Aramco's bookrunners have recommended the oil giant should price its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said, potentially making it the world's biggest IPO.



5 years ago

Stocks rally on renewed trade talk optimism, yields rise

Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going "very well" and a news report suggested key differences were being ironed out.



5 years ago

Exclusive: WeWork China sets out bold 2020 sales targets at meeting - sources

WeWork China has set out ambitious revenue goals for 2020 even though it faces staff cutbacks and weak occupancy numbers at its properties across China, sources familiar with the matter said, citing targets announced by the division's general manager at an internal meeting in Shanghai on Wednesday.



5 years ago

Exclusive: Alibaba-backed startup AutoX applies for driver-less test permit in California

Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc's autonomous driving venture Waymo to say it has done so.



5 years ago

Oil jumps 4% on U.S. stockpiles drop; further OPEC output cuts seen

Oil prices surged 4% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles.



5 years ago

Airbnb to process EU payments via Luxembourg as Brexit looms

Airbnb will process payments between hosts and guests for the European Union through Luxembourg as of 2020, as the home rental giant prepares for Britain's departure from the bloc, Luxembourg for Finance said on Wednesday.



5 years ago