Latest News on private equities market

U.S. lawmakers seek to ban federal pension fund from investing in China

U.S. lawmakers seek to ban federal pension fund from investing in China

A group of U.S. lawmakers introduced legislation on Wednesday that would block a federal retirement fund from investing in Chinese stocks.



7 years ago
Flood of trades sends Uber to record low as insiders allowed to sell

Flood of trades sends Uber to record low as insiders allowed to sell

Uber Technologies Inc's stock dropped 3% to a record low in its busiest trading session since the ride-hailing company's Wall Street debut as employees and early investors on Wednesday became free to sell their shares.



7 years ago
Airbnb to review 'high risk reservations' following Halloween shooting

Airbnb to review 'high risk reservations' following Halloween shooting

Airbnb Inc will start a 24/7 hotline and review "high risk reservations" following the Halloween shooting incident in California, the home rental platform said in an email to employees seen by Reuters.



7 years ago
Tiffany asks LVMH to raise its $14.5 billion offer: sources

Tiffany asks LVMH to raise its $14.5 billion offer: sources

Tiffany & Co has asked Bulgari owner LVMH to raise its $14.5 billion acquisition offer, arguing that it significantly undervalues the U.S. jewelry chain, people familiar with the matter said on Wednesday.



7 years ago
Lufthansa crew strike set to go ahead on Thursday after court ruling

Lufthansa crew strike set to go ahead on Thursday after court ruling

A two-day strike by Lufthansa cabin crew was set to begin on Thursday after a German court ruled late on Wednesday against management's efforts to stop it.



7 years ago
Controversial Versace T-shirt dents Capri's sales in China

Controversial Versace T-shirt dents Capri's sales in China

Capri Holdings Ltd blamed a controversy around a Versace T-shirt that labeled Hong Kong and Macau as countries for denting the luxury label's sales in China, adding it would now take a "very cautious" approach to its business in the country.



7 years ago
Second U.S. law firm plots rival London forex class action

Second U.S. law firm plots rival London forex class action

U.S law firm Hausfeld plans to battle Scott & Scott for a high-profile London class action against major banks over alleged foreign exchange (forex) rigging, a London court heard on Wednesday.



7 years ago
Remain more likely than no-deal Brexit: Aviva's Fitzgerald

Remain more likely than no-deal Brexit: Aviva's Fitzgerald

There is more than a one-in-five chance that Britain remains in the European Union and there's a greater likelihood of that outcome than a no-deal Brexit, said Peter Fitzgerald, head of multi-asset management at Aviva Investors.



7 years ago
Tesla to unveil electric pickup 'cybertruck' on November 21: Musk

Tesla to unveil electric pickup 'cybertruck' on November 21: Musk

Tesla Inc plans to unveil its electric pickup truck, "cybertruck," on Nov. 21 in Los Angeles near the SpaceX rocket factory, Chief Executive Officer Elon Musk tweeted https://twitter.com/elonmusk/status/1192113294036754432 on Wednesday.



7 years ago
Oil unchanged after overnight losses amid caution over trade talks

Oil unchanged after overnight losses amid caution over trade talks

Oil prices were unchanged on Thursday, holding on to most of their losses from the previous session, on worries that a long-awaited interim deal to dial back a crippling U.S.-China trade war could be delayed.



7 years ago
Homeowners get the highest rates of return when selling in these 3 cities

Homeowners get the highest rates of return when selling in these 3 cities

When it comes to making money from selling your house, price appreciation is only part of the equation. You should think about how much it costs to own a home versus how much it costs to rent, according to Betterment.

7 years ago
Wall Street slips following report trade deal could be delayed

Wall Street slips following report trade deal could be delayed

U.S. stocks slipped on Wednesday following a Reuters report the U.S.-China trade deal could be delayed until December.



7 years ago
Fed's Evans says he's closely watching inflation

Fed's Evans says he's closely watching inflation

Chicago Fed President Charles Evans said on Wednesday he will be closely watching inflation in determining the future path of interest rates.



7 years ago
Bank of America, Raymond James to pay $12 million for college fund overcharges

Bank of America, Raymond James to pay $12 million for college fund overcharges

Bank of America Corp and Raymond James Financial Inc will pay roughly $12 million in restitution to customers who incurred excessive fees on investments meant to help their children afford college, a U.S. regulator said on Wednesday.



7 years ago
High-margin luxury fragrances power Coty's profit beat; shares rise

High-margin luxury fragrances power Coty's profit beat; shares rise

Coty Inc reported quarterly profit above Wall Street expectations on Wednesday, helped by increased demand for its high-margin Hugo Boss, Burberry and Gucci fragrances, sending its shares up more than 17%.



7 years ago