Latest News on private equities market

U.N. seeks new host for climate talks after Chile withdraws

The United Nations is seeking a new host for this year's round of climate talks in December after Chile withdrew as raging street protests grip the South American country.



5 years ago

Chile cancels APEC trade summit, climate gathering as Santiago burns

Chile withdrew on Wednesday as the host of an APEC summit next month at which the United States and China had been expected to sign a deal to ease trade tensions hurting the global economy, as raging street protests gripped the South American country.



5 years ago

Rex Tillerson says Exxon had no incentive to downplay costs, testifying in climate change fraud trial

Former Exxon CEO Rex Tillerson took the stand on Wednesday in week two of New York's case against the oil giant, which accuses the company of deceiving investors about the true cost of climate change.

5 years ago

When the Fed cuts rate three times and pauses, history shows it works out great for stocks

Data shows that when the third interest rate cut was the last cut in a series, stocks got a healthy boost in the following year.

5 years ago

Taxing cryptocurrencies: GST/HST proposals raise concerns

CPA | Bruce Ball | Oct 29 2019 With the rise of cryptocurrencies, uncertainty is growing over their tax treatment. Learn about existing Canada Revenue Agency (CRA) guidance, as well as CPA Canada’s concerns with newly proposed GST/HST legislation. As cryptocurrencies enter the mainstream, their users and tax advisers need to understand the tax implications.

5 years ago

Traders keep bets on Fed pause after third rate cut

U.S. short-term interest rate futures on Wednesday pared earlier gains after the Federal Reserve cut interest rates for a third time this year and signaled it would pause to assess any further need to ease policy.



5 years ago

U.S. Treasury yield curve flattens after Fed cuts rates

The U.S. Treasury yield curve flattened on Wednesday after the Federal Reserve cut interest rates for the third time this year, but signaled that monetary easing could be on hold going forward.



5 years ago

Costa Rica defers to Chile, U.N. on rescheduling climate change summit

Costa Rica's government said on Wednesday it defers to Chile, the United Nations Framework Convention on Climate Change and member states on how to proceed with the United Nations global climate change summit, COP25.



5 years ago

U.S. agricultural sales to China will 'take some time to scale up': Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that it will take time for Chinese purchases of U.S. agricultural goods to "scale up" to the $40 billion to $50 billion annual level touted by President Donald Trump if the two sides can seal a "Phase 1" trade deal.



5 years ago

Here's what the Fed's interest rate cut really means to you

For everyday Americans, the Fed's decision to cut rates again could mean cheaper loans, but consumers will earn less interest on their savings.

5 years ago

GE shares jump after earnings beat, company raises cash flow forecast

On a nonadjusted basis, and including certain accounting charges, GE still lost $9.5 billion in the quarter.

5 years ago

GE shares surge as it raises cash forecast despite earnings loss

General Electric Co posted adjusted profits on Wednesday that beat analysts' estimates and wowed investors by promising $1 billion more cash this year than it had previously forecast, sending its shares sharply higher.



5 years ago

Chile cancels APEC trade summit and COP25 climate gathering as Santiago burns

Chile withdrew on Wednesday as the host of an APEC summit next month at which the United States and China had been expected to sign a deal to ease a trade war that has hurt the global economy, as raging street protests gripped the South American country.



5 years ago

U.S. Fed cuts interest rates, and signals it is on hold

The Federal Reserve on Wednesday cut interest rates for the third time this year to ensure the U.S. economy weathers a global trade war without slipping into a recession, but signaled it will leave borrowing costs where they are unless things take a material turn for the worse.



5 years ago

Instant View: Markets take Fed cut, pause signal in stride

U.S. stocks firmed slightly and yields on Treasuries gyrated in narrow ranges on Wednesday after the Federal Reserve lowered interest rates for the third time this year, while signaling it might pause its easing cycle.



5 years ago