Latest News on private equities market

ArcelorMittal will not reverse Ilva decision: source

Steelmaker ArcelorMittal will not reverse its decision to withdraw from a deal to buy Italian steelmaker Ilva regardless of government efforts to salvage the accord, a source close to the matter said on Tuesday.



6 years ago

[Osgoode Professional Development NOV 28-29]: Certificate in Blockchains, Smart Contracts and the Law

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6 years ago

Global stocks edge higher; oil, dollar gain on trade hopes

The U.S. dollar and crude prices rose on Tuesday, spurred by continuing optimism a U.S.-China trade deal may be near, while a rally in global equity markets edged higher after China pressed U.S. President Donald Trump to remove recently imposed tariffs.



6 years ago

Uber test vehicles involved in 37 crashes before fatal self-driving incident

Uber Technologies Inc's autonomous test vehicles were involved in 37 crashes in the 18 months before a fatal March 2018 self-driving car incident, the National Transportation Safety Board (NTSB) said on Tuesday.



6 years ago

WeWork still on life support, rivals say it must cut costs fast

SoftBank may be rescuing WeWork with a $9.5 billion cash injection but most rivals say they believe the office space sharing company is still in critical condition.



6 years ago

Factbox: How to fix WeWork: rivals say what they would do

Office sharing company WeWork is being rescued by its largest shareholder, SoftBank Group Corp , with a $9.5 billion injection of funds but it still faces a very difficult road to survival given its large losses, and property lease liabilities.



6 years ago

Italian government, ArcelorMittal dig in over Ilva row

Italian Prime Minister Giuseppe Conte said on Tuesday he would not allow ArcelorMittal to pull out of its acquisition of troubled steel plant Ilva, as the threat of huge job losses piled pressure on the government.



6 years ago

S&P 500 index holds steady after run to record

The benchmark S&P 500 was little changed on Tuesday, pausing after growing expectations of a trade deal between the United States and China helped boost the three main U.S. stock indexes to record highs in the previous session.



6 years ago

Trade hopes lift dollar, crude; doubts slow stock rally

The U.S. dollar and crude prices rose on Tuesday, spurred by optimism that a U.S.-China trade deal may be near, but a rally in global equity markets paused after China pressed U.S. President Donald Trump to remove recently imposed tariffs.



6 years ago

Match forecasts fourth-quarter revenue below estimates, shares fall

Tinder-owner Match Group Inc forecast fourth-quarter revenue below Wall Street estimates on Tuesday as it faces stiff competition from rival online dating services, sending its shares down about 15% in extended trading.



6 years ago

S&P 500 retreats slightly after recent record

The benchmark S&P 500 edged lower on Tuesday, as investors paused in the wake of a rally buoyed by hopes of a trade deal between the United States and China that sent the three main U.S. stock indexes to record highs in the previous session.



6 years ago

Pioneer Natural CEO calls out shale industry for Permian Basin gas flaring

The chief executive of Pioneer Natural Resources , Scott Sheffield, on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.



6 years ago

TikTok stresses its independence from China but U.S. lawmakers are unconvinced

TikTok, a video app popular with teens, stressed its independence from China in a letter to U.S. lawmakers but failed to convince Senator Josh Hawley, who chaired a hearing on Tuesday on the security of U.S. citizens' personal data.



6 years ago

Struggling Norwegian Air raises $272 million from share sale, bond issue

Norwegian Air on Tuesday raised 2.5 billion crowns ($272.31 million) to meet the struggling airline's cash needs through 2020 with its third share sale in two years and a bond issue.



6 years ago

Trump-Xi meeting in Iowa would be poignant reminder of better U.S.-China ties

U.S. President Donald Trump's suggestion that he could sign a trade deal with Chinese President Xi Jinping in Iowa has set off a flurry of excitement in Muscatine, Iowa, a city on the banks of the Mississippi River that has hosted Xi twice since 1985.



6 years ago