Latest News on private equities market

General Motors strike to dent U.S. October job growth

General Motors strike to dent U.S. October job growth

A strike by General Motors workers should weigh on U.S. job growth in October, government data showed on Friday.



7 years ago
Exxon Mobil seeks buyer for Montana refinery: sources

Exxon Mobil seeks buyer for Montana refinery: sources

Exxon Mobil Corp is seeking a potential buyer for its roughly 60,000 barrel per day Billings, Montana refinery, according to three sources familiar with Exxon’s plans.



7 years ago
UAW to bargain next with Ford on new contract deal: sources

UAW to bargain next with Ford on new contract deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters.



7 years ago
UAW will turn to Ford after GM workers approve deal: sources

UAW will turn to Ford after GM workers approve deal: sources

The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters.



7 years ago
S&P 500 nears record high on trade progress, upbeat Intel earnings

S&P 500 nears record high on trade progress, upbeat Intel earnings

U.S. stocks rose on Friday after Washington said it was close to finalizing parts of a trade pact with Beijing and strong quarterly results from Intel Corp boosted investor sentiment, sending the S&P 500 briefly over the record high close it set three months ago.



7 years ago
United Airlines says in talks with Apple on San Francisco airport upgrade

United Airlines says in talks with Apple on San Francisco airport upgrade

United Airlines is in early discussions with Apple Inc about upgrading the U.S. carrier's terminal at San Francisco International airport, United's Chief Digital Officer Linda Jojo told journalists on Friday without providing more details.



7 years ago
S&P 500 approaches record high on U.S.-China trade progress

S&P 500 approaches record high on U.S.-China trade progress

The S&P 500 rose on Friday, briefly surpassing its record closing high, after Washington said it was close to finalizing parts of a trade pact with Beijing.



7 years ago
Brexit woes, mixed earnings see stocks lose steam, sterling lingers

Brexit woes, mixed earnings see stocks lose steam, sterling lingers

Geopolitical tensions, muted economic data and mixed earnings stymied global stocks on Friday with sterling languishing near a one week lows amid a new bout of Brexit anxiety.



7 years ago
China to ask U.S. to remove tariffs in exchange for agricultural buys in talks Friday

China to ask U.S. to remove tariffs in exchange for agricultural buys in talks Friday

Top U.S. and Chinese trade officials will discuss plans on Friday for China to buy more U.S. farm products, but in return, Beijing will request cancellation of some planned and existing U.S. tariffs on Chinese imports, people briefed on the talks told Reuters.



7 years ago
Factbox: 'Fly up' co-pilot urges in final moments of fatal Lion Air crash

Factbox: 'Fly up' co-pilot urges in final moments of fatal Lion Air crash

A final Indonesian report on the fatal crash of Lion Air flight 610 published on Friday details stress and confusion in the cockpit as the Boeing 737 MAX's MCAS software, misled by faulty sensor readings, repeatedly lowered the plane's nose.



7 years ago
'Rhetoric' masks lack of progress on gender diversity in finance: UK watchdog

'Rhetoric' masks lack of progress on gender diversity in finance: UK watchdog

The number of women in senior roles at financial services firms in Britain has flatlined since 2005 despite diversity "rhetoric" from industry, according to research from the Financial Conduct Authority.



7 years ago
Wall Street slips at open as Amazon weighs

Wall Street slips at open as Amazon weighs

Wall Street opened marginally lower on Friday, as a dour sales forecast from Amazon overshadowed another set of strong results in what has so far been an upbeat third-quarter earnings season.



7 years ago
Global FinTech Report 2019

Global FinTech Report 2019

PwC Global | Oct 15, 2019 Crossing the lines: How fintech is propelling Financial Services and Technology, Media, and Telecommunications firms out of their lanes The lines between financial services (FS) and technology, media and telecommunications (TMT) firms have blurred to the point that the roads are a free-for-all and previously distinct sectors are colliding.

7 years ago
U.S. FAA revokes repair station certificate of Xtra Aerospace

U.S. FAA revokes repair station certificate of Xtra Aerospace

U.S. Federal Aviation Administration (FAA) on Friday issued an order to revoke the repair station certificate of Xtra Aerospace LLC, which repaired a sensor suspected of contributing to the crash of a Lion Air 737 MAX a year ago.



7 years ago
Amazon sales forecast, slower AWS growth disappoint investors

Amazon sales forecast, slower AWS growth disappoint investors

Shares of Amazon.com Inc fell nearly 6% in early trading on Friday, as investors were let down by a lower-than-expected sales outlook and surprised by slower revenue growth at its lucrative AWS cloud business.



7 years ago