Latest News on private equities market

Prosus sticks with $6.3 billion bid for Just Eat but lowers threshold

Prosus held firm on its $6.3 billion offer to buy Just Eat on Monday as it argued the merits of its bid versus one from Takeaway.com for the British online takeaway delivery firm.



5 years ago

Alibaba's Singles' Day sales hit $30 billion, on track for record

Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles' Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year.



5 years ago

7 tips to avoid overspending and going into debt this holiday season

About half of Americans expect to spend about the same amount on gifts for friends and family this holiday season, according to the CNBC and Acorns Invest in You survey released Monday. Experts give tips on how not to go into debt in the process.

5 years ago

Two-thirds of adults fear a recession could come next year, Invest In You survey finds

Some financial strategies can help make sure you stay above water if the economy starts to wobble.

5 years ago

Adidas to close German, U.S. robot factories

Adidas plans to close high-tech "robot" factories in Germany and the United States it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".



5 years ago

China's Jingye Group in talks to buy British Steel

China's Jingye Group is in talks to buy British Steel, it said on Monday, in a deal estimated to be worth 70 million pounds ($90 million) that could protect thousands of British jobs.



5 years ago

Oil falls after Trump downplays optimistic China trade reports

Oil prices dipped on Monday after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.



5 years ago

SunPower to split into two publicly listed companies

Solar cell and panel maker SunPower on said Monday it would split into two separate publicly traded companies.



5 years ago

HSBC and RBS set to launch new digital banking platforms

British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups.



5 years ago

Exclusive: Hedge fund Whitebox places big bet on gunmaker Remington

Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company.



5 years ago

Exclusive: Goldman Sachs plans shift from revenue goal at first investor day

More than two years ago, Goldman Sachs Group Inc told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics.



5 years ago

China October new bank loans dip to 22-month low, more easing expected

New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely due to seasonal factors and policymakers are still expected to ramp up support for the cooling economy in coming months.



5 years ago

Vet turned entrepreneur turned a family recipe into an $80K venture that just launched on Amazon

Military veteran turned entrepreneur Charlynda Scales turned her grandfather's secret sauce recipe into an $80,000 venture that just launched on Amazon. Consumers support her made-in-America brand.

5 years ago

Many Americans are fighting the Fed. Good for them

Conventional wisdom tells investors to double down on stocks when the Fed cuts rates but many Americans are bucking the trend and shoring up their finances, and cash flow, in anticipation of an economic slowdown.

5 years ago

China's Jingye Group in talks to rescue British Steel

China's Jingye Group is in talks to buy British Steel, it said on Monday, in a deal estimated to be worth up to 70 million pounds that could protect thousands of British jobs and end prolonged uncertainty over the future of the troubled steelmaker.



5 years ago