Latest News on private equities market

U.S. disappointed by WTO decision allowing China to slap trade sanctions on U.S. goods

U.S. disappointed by WTO decision allowing China to slap trade sanctions on U.S. goods

The United States is disappointed by a World Trade Organization (WTO) decision that China may slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties, a U.S. official said on Friday.



7 years ago
Factbox: Fight for fitness - With Fitbit, Google takes on Xiaomi, Apple, Samsung

Factbox: Fight for fitness - With Fitbit, Google takes on Xiaomi, Apple, Samsung

Competition in the wearable market is taking a turn as Alphabet Inc-owned Google buys Fitbit Inc in a bid to take on Apple and Samsung.



7 years ago
Saudi Crown Prince approves Aramco IPO intention to float for Sunday: sources

Saudi Crown Prince approves Aramco IPO intention to float for Sunday: sources

Saudi Arabia's Crown Prince Mohammed bin Salman approved on Friday the go ahead of the initial public offering of state oil giant Aramco, five sources familiar with the matter told Reuters.



7 years ago
Judge dismisses Uber lawsuit opposing New York City vehicle license caps

Judge dismisses Uber lawsuit opposing New York City vehicle license caps

A Manhattan judge has dismissed Uber Technologies Inc's lawsuit challenging a New York City law limiting the number of licenses for ride-hailing services, the first such cap by a major American city.



7 years ago
UAW union leaders recommend approval of Ford labor deal

UAW union leaders recommend approval of Ford labor deal

United Auto Workers leaders from Ford Motor Co's U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2 U.S. automaker to avoid a strike like the one that cost its larger rival General Motors Co about $3 billion.



7 years ago
Why Brazil's bid to lure low cost airlines may be doomed

Why Brazil's bid to lure low cost airlines may be doomed

Brazilian government officials this week tempted airline executives with a pitch: Latin America's largest domestic aviation market is opening up and it badly needs more competition.



7 years ago
AIG third-quarter profit misses estimates

AIG third-quarter profit misses estimates

Insurer American International Group Inc missed analysts' estimates for third-quarter profit on Friday due to weakness in its life and retirement business.



7 years ago
Futures rise on bounce in China factory activity; U.S. jobs report awaited

Futures rise on bounce in China factory activity; U.S. jobs report awaited

U.S. stock index futures gained on Friday as a surprise rise in China's manufacturing activity boosted sentiment, while investors awaited a crucial U.S. jobs report.



7 years ago
Wall Street Week Ahead: Travel, leisure company reports set to give view of economy, consumer

Wall Street Week Ahead: Travel, leisure company reports set to give view of economy, consumer

A wide swath of the U.S. travel and leisure industry is set to provide insight next week on the state of the economy, including trends in consumer spending, fallout from U.S.-China trade tensions and any damaging impact from the stronger U.S. dollar.



7 years ago
Lookers bosses leave as car dealer sounds another profit alarm

Lookers bosses leave as car dealer sounds another profit alarm

British car dealership Lookers said on Friday its top boss and operations chief will step down immediately after weak sales led to a second profit warning in less than four months, sending its shares down as much as 30% and rattling peers.



7 years ago
U.S. cites progress in U.S.-China trade talks

U.S. cites progress in U.S.-China trade talks

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin made progress on a variety of issues during a telephone call on Friday with China's Vice Premier Liu He about an interim trade agreement, USTR said in a statement.



7 years ago
Oil prices decline on weak Chinese data, U.S. pipeline problems

Oil prices decline on weak Chinese data, U.S. pipeline problems

Oil prices fell on Thursday after data showed weak factory activity in China, with U.S. crude facing extra pressure after flows out of the Cushing, Oklahoma storage hub were disrupted because of reduced flows on a pipeline.



7 years ago
Mexican president talks with Canada's Trudeau, aims for progress on trade

Mexican president talks with Canada's Trudeau, aims for progress on trade

Mexican President Andres Manuel Lopez Obrador said he talked with recently reelected Canadian Prime Minister Justin Trudeau on Thursday, congratulating him on his win and agreeing to keep working toward passage of a new North American trade deal.



7 years ago
Pinterest quarterly revenue, forecast disappoint; shares plunge

Pinterest quarterly revenue, forecast disappoint; shares plunge

Pinterest Inc fell short of Wall Street estimates for quarterly revenue on lower-than-expected average revenue per user and its revised full-year sales forecast came marginally below expectations, sending its shares tumbling 20%.



7 years ago
Qantas says cracks found in three 737 NG jets, will minimize customer impact

Qantas says cracks found in three 737 NG jets, will minimize customer impact

Qantas Airways Ltd said on Friday it found structural cracks in three of its Boeing Co 737 NG planes after conducting earlier-than-required checks of its aircraft as part of a global issue with the model.



7 years ago