Latest News on private equities market

The performance of the U.S. economy has been a solid clue to the outcome of past presidential elections.

Two former Deutsche Bank AG traders will not serve any prison time for conspiring to manipulate the Libor benchmark interest rate between 2005 and 2011, a federal judge ruled on Thursday, sharply criticizing U.S. prosecutors for treating the two men as "proxy wrongdoers" for a much larger scheme.

You probably monitor your investments to see if they're in the red or green. You might not realize that they could have hidden leanings toward red or blue, as in Republican or Democrat.

Kering's Gucci brand and Italian jacket maker Moncler joined other luxury labels on Thursday in easing fears of a major third quarter sales hit from protests in Hong Kong, as they benefited from brisk business across the rest of Asia.

Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.

The pound was weaker but pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its planned exit from the European Union, while global stock markets edged up.

A. Wayne Johnson had been COO of the Office of Federal Student Aid, which manages the country's $1.6 trillion outstanding student loan portfolio.

French car parts supplier Valeo cautioned on Thursday that the General Motors strike was currently costing it around 160 million euros ($178 million) in sales and around 50 million euros in operating margin terms.

Two U.S. senators on Thursday asked the U.S. Federal Trade Commission to probe Amazon.com Inc to determine if the company failed to secure its servers prior to the Capital One hack.

Barclays on Thursday said it will maintain customers' ability to withdraw cash from Britain's Post Office branches, reversing a change announced earlier this month that angered the public and lawmakers amid cuts to the lender's branch network.

Uniper deliberately obstructed Fortum's proposed purchase of a stake in the German utility by registering assets in Russia as strategic, Kommersant daily quoted Fortum CEO Pekka Lundmark as saying on Thursday.

U.S. Vice President Mike Pence said on Tuesday that the Trump administration is aiming to complete a 'Phase 1' deal with China on agricultural purchases next month in Chile and move on to tackle intellectual property theft issues dividing the world's two largest economies.

The S&P 500 and Nasdaq index rose on Thursday, boosted by gains in Microsoft and PayPal, but Vice President Mike Pence's comments on China rekindled worries ahead of trade talks.

Russia's largest oil company Rosneft has fully switched the currency of its contracts to euros from U.S. dollars in a move to shield its transactions from U.S. sanctions, its Chief Executive Igor Sechin said on Thursday.

Tesla Inc shares soared 17% on Thursday after the electric carmaker surprised Wall Street by delivering on Chief Executive Officer Elon Musk's promise of a profit in the third quarter, even as doubts remained about its long-term prospects.