Latest News on private equities market

South Africa's SAA workers start strike that could cripple airline

South Africa's SAA workers start strike that could cripple airline

Workers at South African Airways (SAA) downed tools on Friday in a strike over wages and job cuts that has forced the troubled state-owned carrier to cancel all flights and left its future hanging in the balance.



6 years ago
Here are the biggest analyst calls of the day: Qualcomm, Nvidia, Apple & more
6 years ago
Stocks cheered by trade deal hopes but caution prevails

Stocks cheered by trade deal hopes but caution prevails

Asian stocks jumped on Friday, lifted by White House comments that suggested the possibility of an imminent trade deal between Washington and Beijing, which revived hopes that their tariff war may be nearing an end.



6 years ago
US defense chief says cloud contract was fair, despite Amazon challenge

US defense chief says cloud contract was fair, despite Amazon challenge

U.S. Defense Secretary Mark Esper said on Friday the Pentagon awarded Microsoft Corp an up to $10 billion cloud computing contract after a fair competition, after Amazon.com Inc announced plans to challenge it over alleged bias.



6 years ago
U.S. defense chief rejects Amazon's accusations of bias in cloud contract

U.S. defense chief rejects Amazon's accusations of bias in cloud contract

U.S. Defense Secretary Mark Esper on Friday rejected any suggestion of bias in a Pentagon decision to award Microsoft Corp an up to $10 billion cloud computing contract, after Amazon.com Inc announced plans to challenge it.



6 years ago
J.C. Penney's loss smaller than expected, shares soar 13%

J.C. Penney's loss smaller than expected, shares soar 13%

J.C. Penney Co Inc on Friday reported a smaller-than-expected quarterly loss on lower ad spending and higher margins, results Chief Executive Jill Soltau said showed efforts to revive sales and profits at the department store are taking hold.



6 years ago
Alibaba's $13.4 billion bookbuild covered multiple times: sources

Alibaba's $13.4 billion bookbuild covered multiple times: sources

Alibaba's $13.4 billion institutional bookbuild for its Hong Kong listing is already covered "multiple times," according to a message sent to investors and verified by sources with direct knowledge of the matter.



6 years ago
U.S. to extend license allowing its cos to continue business with Huawei: NYT

U.S. to extend license allowing its cos to continue business with Huawei: NYT

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported https://nyti.ms/2OcpWYo on Friday, citing people familiar with the deliberations.



6 years ago
U.S. FAA regulator head tells team to 'take whatever time needed' on 737 MAX

U.S. FAA regulator head tells team to 'take whatever time needed' on 737 MAX

The head of the U.S. Federal Aviation Administration has told his team to "take whatever time is needed" in their review of Boeing Co's 737 MAX, according to a Nov. 14 memo and video message reviewed by Reuters.



6 years ago
U.S. charges another ex-JPMorgan executive with alleged market manipulation

U.S. charges another ex-JPMorgan executive with alleged market manipulation

The Department of Justice has charged another former JPMorgan Chase & Co executive with alleged racketeering and manipulating precious metals prices between 2008 and 2016, the latest in a string of similar prosecutions.



6 years ago
U.S. and China have significant differences ahead of trade talks Friday night

U.S. and China have significant differences ahead of trade talks Friday night

Top U.S. and Chinese negotiators are seeking to narrow differences on an initial trade agreement during a Friday evening phone call, but remain split on key issues.



6 years ago
Ford's UAW members vote to ratify new four-year contract

Ford's UAW members vote to ratify new four-year contract

The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker.



6 years ago
Volkswagen installs BMW executive as new Audi chief

Volkswagen installs BMW executive as new Audi chief

Volkswagen on Friday said former BMW executive Markus Duesmann, an expert in procurement and engine development, will take over as Volkswagen Group's board member responsible for research and as head of Audi.



6 years ago
Take Five: Fighting fires

Take Five: Fighting fires

How big a risk is a global economic recession? Recently, hopes of a fledgling growth turnaround were doused by data showing China's factory output growth slowing in October and Japan's economy grinding to a standstill in Q3. And Germany only narrowly avoided a recession in that period.



6 years ago
Wall Street hits record high at open on trade deal hopes, strong earnings

Wall Street hits record high at open on trade deal hopes, strong earnings

Wall Street's main indexes hit record highs at open as upbeat comments related to U.S.-China trade talks and strong earnings from semiconductor industry bellwether Applied Materials helped lift the mood.



6 years ago