Latest News on private equities market

U.S. Treasury temporarily blocks creditor seizure of refiner Citgo

The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders in Venezuela struggling to retain control over the U.S. refiner owned by the chaotic South American nation.



6 years ago

Indonesia's report on Lion Air 737 MAX crash recommends redesign, better training: Seattle Times

Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing Co 737 MAX crash, the Seattle Times reported http://bit.ly/2WbsSYR.



6 years ago

SoftBank to write down minimum $5 billion for WeWork, other losses: Bloomberg

SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value of some of its biggest holdings including WeWork and Uber Technologies Inc , Bloomberg reported.



6 years ago

UAW, Mack Trucks agree tentative deal, suspend two-week strike

United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo's Mack Trucks on Thursday, both parties said.



6 years ago

Samsung heir appears at court for his bribery trial

Samsung Group heir Jay Y. Lee appeared at a Seoul courtroom on Friday for the start of a bribery trial that could result in a tougher sentence after South Korea's top court ordered a review of his graft case.



6 years ago

Oil retreats after three-day rally on renewed demand, economic growth concerns

Oil prices stepped back on Friday after three straight days of gains, hurt by renewed concerns about fuel demand in light of gloomy economic growth forecasts.



6 years ago

Goldman Sachs is latest firm to pull money from Fisher Investments, total is now $2.7 billion

In all, institutional investors are withdrawing more than $2.7 billion in light of Ken Fisher's lewd comments made at a conference.

6 years ago

Asian shares track modest global gains, sterling lower

Asian shares inched up on Friday, tracking small gains in world markets as positive earnings offset economic growth concerns, while sterling weakened as the prospect of a UK election added fresh uncertainty to Brexit dramas.



6 years ago

Senate Democrat Schumer proposes plan to swap gas cars for electric vehicles

Senator Chuck Schumer, the top Senate Democrat, late on Thursday proposed a $454 billion plan over 10 years to help shift the United States away from gasoline-powered vehicles by offering cash vouchers to help Americans buy cleaner vehicles.



6 years ago

Citi names Fraser as president, putting her in line to be first female CEO

Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the first female chief executive of the U.S. bank.



6 years ago

Indonesia's report on 737 MAX crash recommends redesign, better training

Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing 737 MAX crash, according to a copy of a final report seen by Reuters.



6 years ago

Oil drops after three-day rally amid economic growth concerns

Oil prices declined on Friday after three straight days of gains, as gloomy economic growth forecasts renewed concerns over the outlook for demand.



6 years ago

South Korea grounds nine Boeing 737 NG planes with cracks

South Korea's transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs.



6 years ago

Judge asks Samsung heir to be humble at bribery trial

A South Korean judge overseeing Samsung Group heir Jay Y. Lee's bribery trial told him on Friday to "humbly accept" whatever the outcome of the trial, which could result in a tougher sentence for the conglomerate's de-facto leader.



6 years ago

Oil slips on profit-taking, weak demand outlook

Oil prices dipped on Thursday after sharp gains in the previous session following a surprise draw in U.S. crude inventories, with concerns over a weak demand outlook adding to downward pressure.



6 years ago