Latest News on private equities market

The all-stock merger of CBS Corp and Viacom Inc is expected to close on Dec. 4, the companies said on Monday.

PVH Corp raised full-year adjusted profit forecast on Monday after its third-quarter results beat Wall Street expectations, powered by higher demand for its Calvin Klein and Tommy Hilfiger apparel in Europe.

Fiat Chrysler has already started 90% of the investments earmarked for Italy, the auto maker's Chief Operating Officer for the EMEA region Pietro Gorlier said on Monday.

Westpac Banking Corp said on Tuesday Chief Executive Brian Hartzer will step down and Chairman Lindsay Maxsted will bring forward his retirement, as the country's biggest money-laundering scandal rocks Australia's No.2 retail bank.

The small cap Russell 2000 jumped to a 52-week high Monday, signaling it may be set for a breakout that could help lift the entire market.

Oil prices were steady on Tuesday, hanging onto gains from the previous session, after comments from the United States and China kept alive hopes that the world's two largest economies are soon to agree on ending their trade war.

The chief executive of Australia's Westpac Banking Corp stepped down on Tuesday over a money laundering scandal involving child exploitation, just a day after he told staff it was "not a major issue" and that he intended to stay on.

Tesla Inc's chief executive, Elon Musk, will testify in his own defense against a defamation lawsuit brought by a British cave explorer, Musk's lawyer said on Monday in U.S. District Court in Los Angeles.

Alibaba Group's Hong Kong shares made a solid debut on Tuesday, trading 6.9% higher than their issue price and at a small premium to pricing in New York after marking the world's largest stock sale this year.

Asian stocks rose on Tuesday, bolstered by Wall Street's record closing highs and signs of new momentum in Beijing's and Washington's efforts to end their long and acrimonious trade dispute.

Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington added to other recent signs of progress, fuelling a rally in Wall Street's main benchmarks to record highs.

Oil prices were steady on Tuesday, holding onto gains from the previous session, after positive comments from the United States and China kept alive hopes that the world's two largest economies are soon to agree an end their trade war.

Alibaba Group's Hong Kong shares were trading 7.7% higher at HK$189.50 in their debut, after marking the city's biggest share sale in nine years. Alibaba has raised at least $11.3 billion from the secondary listing and that amount could climb to as much as $12.9 billion if an over-allotment option is exercised. At Tuesday’s listing ceremony, CEO Daniel Zhang noted Alibaba's Hong Kong debut had been a long time coming.

Monetary policy is "well positioned" to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday.

U.S. insurer American International Group Inc said on Monday it would sell a major portion of its stake in reinsurer Fortitude Re to buyout fund Carlyle Group and Japanese insurer T&D Holdings for about $1.8 billion.