Latest News on private equities market

Oil ends mixed, pressured by U.S. tensions with China over rights bill

Oil ends mixed, pressured by U.S. tensions with China over rights bill

Oil prices ended mixed on Thursday, with U.S. prices rebounding modestly from concerns that arose from U.S. President Donald Trump signing into law a bill backing protesters in Hong Kong, fuelling tensions with China.



6 years ago
Stocks stop short of new peaks as Sino-U.S. tensions weigh

Stocks stop short of new peaks as Sino-U.S. tensions weigh

Global shares ticked up on Friday, but hesitated to test an all-time peak as investors worried a new U.S. law backing Hong Kong protests could derail Washington's and Beijing's efforts to end their trade war.



6 years ago
'Tis the season: Quotes from shoppers ahead of America's biggest shopping day

'Tis the season: Quotes from shoppers ahead of America's biggest shopping day

Stuffed with turkey after Thanksgiving feasts, shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts, with early promotions marking the start of a condensed holiday shopping season.



6 years ago
Stocks hesitate just short of new peaks as clouds darken over U.S.-China ties

Stocks hesitate just short of new peaks as clouds darken over U.S.-China ties

Asian markets slipped on Friday leaving global shares just short of an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war.



6 years ago
China limits number of rides drivers can offer through car-pooling services

China limits number of rides drivers can offer through car-pooling services

China's Ministry of Transport said car-pooling services have to limit the daily number of rides drivers can offer through apps such as Didi Chuxing's Hitch, which began trial operations this month a year after passenger deaths left the service suspended.



6 years ago
U.S. third-quarter GDP growth raised; business investment stabilizing

U.S. third-quarter GDP growth raised; business investment stabilizing

U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment could be drawing to a close.



6 years ago
India plans to cap commissions for Uber, Ola: Economic Times

India plans to cap commissions for Uber, Ola: Economic Times

India plans to cap commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a maximum 10% of the total fare, financial daily Economic Times (ET) reported on Thursday, citing people privy to the matter.



6 years ago
Australia's Westpac to refund people who bought new shares before money laundering bombshell

Australia's Westpac to refund people who bought new shares before money laundering bombshell

Australia's Westpac Banking Corp offered to refund investors who bought new shares weeks before a bombshell lawsuit accusing it of millions of breaches of money laundering laws, a rare step to fend off criticism about its transparency.



6 years ago
Asian shares waver as Hong Kong tensions spoil festive mood

Asian shares waver as Hong Kong tensions spoil festive mood

Asian share markets wobbled on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economic data.



6 years ago
Oil drops as U.S. inventory build, record output rekindles supply worries

Oil drops as U.S. inventory build, record output rekindles supply worries

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations and production hit a record.



6 years ago
Australia's Westpac to refund people who bought shares before money laundering bombshell

Australia's Westpac to refund people who bought shares before money laundering bombshell

Australia's Westpac Banking Corp offered to refund investors who bought new shares weeks before a bombshell lawsuit accusing it of millions of breaches of money laundering laws, a rare step to fend off criticism about its transparency.



6 years ago
Asian shares waver, Hong Kong tensions spoil festive mood after upbeat U.S. data

Asian shares waver, Hong Kong tensions spoil festive mood after upbeat U.S. data

Asian share markets wobbled on Thursday as concerns that tensions over Hong Kong could stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from unexpectedly positive U.S. economic data.



6 years ago
Top Mexican official floats prospect of labor tweak for continental trade deal

Top Mexican official floats prospect of labor tweak for continental trade deal

Adjustments could be made to how labor disputes are handled in the new United States-Mexico-Canada Agreement (USMCA) trade deal to help push through its ratification in the United States, Mexican deputy foreign minister Jesus Seade said on Wednesday.



6 years ago
Exclusive: Amazon's cloud unit readies more powerful data center chip - sources

Exclusive: Amazon's cloud unit readies more powerful data center chip - sources

Amazon.com Inc's cloud computing unit has designed a second, more powerful generation of data center processor chip, two sources familiar with the matter told Reuters, the latest sign that the company is pouring money into custom silicon for its fastest-growing business.



6 years ago
Panasonic to sell its chipmaking business to Taiwan's Nuvoton Tech: Nikkei

Panasonic to sell its chipmaking business to Taiwan's Nuvoton Tech: Nikkei

Japan's Panasonic Corp will sell its loss-making semiconductor business to Taiwan's Nuvoton Technology, a Nikkei Asian Review reported on Thursday.



6 years ago