Latest News on private equities market

Data show that when the third interest rate cut was the last cut in a series, stocks got a healthy boost in the following year.

Former Exxon CEO Rex Tillerson took the stand on Wednesday in week two of New York's case against the oil giant, which accuses the company of deceiving investors about the true cost of climate change.

Wall Street pared earlier losses and the U.S. Treasury yield curve flattened on Wednesday after the Federal Reserve cut interest rates, as expected.

Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to $15 billion, after political unrest in the Asian financial hub put the move on ice earlier this year, people familiar with the matter said on Wednesday.

Italy respects the market nature of a possible merger between Fiat Chrysler and Peugeot-owner PSA but is also aware that such a crucial sector warrants high vigilance on the government's part, the country's economy minister said.

The supervisory board of Peugeot maker PSA agreed on Wednesday to give Chief Executive Carlos Tavares the go-ahead to pursue a merger with Italy's Fiat Chrysler , a source familiar with the matter said.

Boeing Chief Executive Dennis Muilenburg said on Wednesday Southwest Airlines Inc had a $1 million per plane rebate clause in a contact with Boeing Co if its 737 MAX planes required new simulator training.

The 12 winners who have hit Powerball and Mega Millions jackpots in 2019 — worth an advertised $3.3 billion in all — have paid the IRS more than a half-billion in tax dollars. That won't be the last of it.

Kuwait’s central bank cut its benchmark interest rate on Wednesday, joining the Federal Reserve-led monetary easing cycle with its Gulf peers for the first time since July.

U.S. stocks firmed slightly and yields on Treasuries gyrated in narrow ranges on Wednesday after the Federal Reserve lowered interest rates for the third time this year, while signaling it might pause its easing cycle.

The Federal Reserve on Wednesday cut interest rates for the third time this year to ensure the U.S. economy weathers a global trade war without slipping into a recession, but signaled it will leave borrowing costs where they are unless things take a material turn for the worse.

Chile withdrew on Wednesday as the host of an APEC summit next month at which the United States and China had been expected to sign a deal to ease a trade war that has hurt the global economy, as raging street protests gripped the South American country.

South Korean carrier Air Premia announced on Wednesday a provisional deal to buy five Boeing 787-9 Dreamliner jets worth $1.4 billion at list prices, becoming the latest new airline to enter the highly competitive low-cost, long-haul market.

General Electric Co posted adjusted profits on Wednesday that beat analysts' estimates and wowed investors by promising $1 billion more cash this year than it had previously forecast, sending its shares sharply higher.

On a nonadjusted basis, and including certain accounting charges, GE still lost $9.5 billion in the quarter.