Latest News on private equities market

China October new bank loans dip to 22-month low, more easing expected

China October new bank loans dip to 22-month low, more easing expected

New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely due to seasonal factors and policymakers are still expected to ramp up support for the cooling economy in coming months.



6 years ago
Exclusive: Goldman Sachs plans shift from revenue goal at first investor day

Exclusive: Goldman Sachs plans shift from revenue goal at first investor day

More than two years ago, Goldman Sachs Group Inc told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics.



6 years ago
Exclusive: Hedge fund Whitebox places big bet on gunmaker Remington

Exclusive: Hedge fund Whitebox places big bet on gunmaker Remington

Whitebox Advisors LLC, a credit-focused hedge fund, has been quietly capitalizing on Wall Street's ambivalence toward gun manufacturers by replacing some banks as a lender to Remington Outdoor Company.



6 years ago
HSBC and RBS set to launch new digital banking platforms

HSBC and RBS set to launch new digital banking platforms

British banking heavyweights HSBC and RBS are launching new digital banking platforms, as competition for digitally savvy customers steps up in the face of a wave of online startups.



6 years ago
SunPower to split into two publicly listed companies

SunPower to split into two publicly listed companies

Solar cell and panel maker SunPower on said Monday it would split into two separate publicly traded companies.



6 years ago
Oil falls after Trump downplays optimistic China trade reports

Oil falls after Trump downplays optimistic China trade reports

Oil prices dipped on Monday after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.



6 years ago
China's Jingye Group in talks to buy British Steel

China's Jingye Group in talks to buy British Steel

China's Jingye Group is in talks to buy British Steel, it said on Monday, in a deal estimated to be worth 70 million pounds ($90 million) that could protect thousands of British jobs.



6 years ago
Adidas to close German, U.S. robot factories

Adidas to close German, U.S. robot factories

Adidas plans to close high-tech "robot" factories in Germany and the United States it launched to bring production closer to customers, saying on Monday deploying some of the technology in Asia would be "more economic and flexible".



6 years ago
Two-thirds of adults fear a recession could come next year, Invest In You survey finds

Two-thirds of adults fear a recession could come next year, Invest In You survey finds

Some financial strategies can help make sure you stay above water if the economy starts to wobble.

6 years ago
7 tips to avoid overspending and going into debt this holiday season

7 tips to avoid overspending and going into debt this holiday season

About half of Americans expect to spend about the same amount on gifts for friends and family this holiday season, according to the CNBC and Acorns Invest in You survey released Monday. Experts give tips on how not to go into debt in the process.

6 years ago
Alibaba's Singles' Day sales hit $30 billion, on track for record

Alibaba's Singles' Day sales hit $30 billion, on track for record

Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles' Day shopping blitz crossed the $30 billion mark at 4:31 p.m. (0831 GMT), putting the event on track to set a record in its 11th year.



6 years ago
Prosus sticks with $6.3 billion bid for Just Eat but lowers threshold

Prosus sticks with $6.3 billion bid for Just Eat but lowers threshold

Prosus held firm on its $6.3 billion offer to buy Just Eat on Monday as it argued the merits of its bid versus one from Takeaway.com for the British online takeaway delivery firm.



6 years ago
World shares fall as Hong Kong violence unnerves investors

World shares fall as Hong Kong violence unnerves investors

Shares across the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and stoked demand for the safe-haven yen and gold.



6 years ago
Factbox: China's love of e-commerce powers Alibaba's Singles' Day

Factbox: China's love of e-commerce powers Alibaba's Singles' Day

China's dominant e-commerce firm Alibaba Group Holding Ltd raked in $23 billion worth of sales in the first nine hours of its annual Singles' Day shopping extravaganza on Monday, setting records as the event celebrates its 11th year.



6 years ago
China's NEV market may contract this year due to subsidy cut: industry association

China's NEV market may contract this year due to subsidy cut: industry association

Fewer new energy vehicles (NEV) could be sold in China this year than in 2018, an official at the country's biggest auto industry association said on Monday, as customers hold back on purchases following a government decision to cut subsidies.



6 years ago