Latest News on private equities market

Saudi Aramco delays planned IPO to allow for earnings update: sources

Saudi Aramco delays planned IPO to allow for earnings update: sources

Saudi Aramco has delayed the planned launch of its initial public offering (IPO), as the giant oil company wants to update investors with its latest earnings before proceeding, two sources familiar with the matter said on Thursday.



6 years ago
Toyota conducts final phase of recall to replace Takata airbag inflators

Toyota conducts final phase of recall to replace Takata airbag inflators

Toyota Motor Corp's North America unit said on Thursday it was conducting the final phase of a safety recall to replace potentially faulty Takata airbag inflators in about 928,000 vehicles.



6 years ago
Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

Timeline: UAW wrings higher pay from GM in deal to end strike, agrees to plant closings

The United Auto Workers union wrung higher pay and other benefits from General Motors Co as part of a tentative deal to end a month-long U.S. strike by about 48,000 workers, the union disclosed on Thursday.



6 years ago
Czech firm PPF close to deal with AT&T on buying CME: reports

Czech firm PPF close to deal with AT&T on buying CME: reports

Investment group PPF, owned by the Czech Republic's richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T , Czech and Bulgarian media reported on Thursday.



6 years ago
White House adviser says China agricultural purchases will depend partly on markets

White House adviser says China agricultural purchases will depend partly on markets

White House economic adviser Larry Kudlow said on Thursday that China's "serious commitment" to buy $40 billion to $50 billion worth of U.S. agricultural goods as part of a phase 1 trade deal would depend in part on private companies and market conditions.



6 years ago
Blockchain Start-Up Backed By Big Banks Ushers In New Era Of Banking

Blockchain Start-Up Backed By Big Banks Ushers In New Era Of Banking

Forbes | Andrea Tinianow | Oct 17, 2019 Fnality, a London-based company is banking on blockchain technology to usher in an era of digital financial markets. They are betting that the financial markets are going to tokenize. Fnality intends to be there when that happens. In fact, they intend to spur the transformation. According to

6 years ago
Three big mistakes to avoid during Medicare open enrollment

Three big mistakes to avoid during Medicare open enrollment

While your coverage will automatically renew if you don't take action during the enrollment period, passing on the chance to make changes could cost you in 2020.

6 years ago
Johnson & Johnson agrees to pay about $117 million to settle U.S. states' mesh probe

Johnson & Johnson agrees to pay about $117 million to settle U.S. states' mesh probe

Johnson & Johnson has agreed to pay nearly $117 million to resolve allegations that it deceptively marketed transvaginal surgical mesh devices, U.S. state attorneys general said on Thursday.



6 years ago
Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY

Canadian fintech adoption rate hits 50 per cent, but still trails global peers: EY

Financial Post | Geoff Zochodne | Oct 15, 2019 China and India, at 87 per cent, sported the highest rates of adoption and the United Kingdom clocked in at 71 per cent adoption Canadian consumers have greatly increased their use of financial technology, such as payment or budgeting apps, but trail their global counterparts in

6 years ago
Big U.S. liquefied natgas players move fast; smaller ones try to keep up

Big U.S. liquefied natgas players move fast; smaller ones try to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants.



6 years ago
EDF CEO says France prepares to build new nuclear plants: Le Monde

EDF CEO says France prepares to build new nuclear plants: Le Monde

It is clear that France is preparing to build new nuclear power plants, Jean-Bernard Levy, Chief Executive of state-controlled utility EDF , said in an interview with Le Monde newspaper on Thursday.



6 years ago
Blackstone's financing for Merlin deal unsettles bond market

Blackstone's financing for Merlin deal unsettles bond market

A buyout consortium led by Blackstone sent a frisson through debt markets this week as it took advantage of a booming appetite for bonds to push through aggressive terms on financing for its leveraged buyout of Merlin Entertainments.



6 years ago
Wall Street edges higher on robust earnings, Brexit deal

Wall Street edges higher on robust earnings, Brexit deal

Wall Street gained ground on Thursday as positive geopolitical developments and a string of corporate earnings beats put investors in a buying mood.



6 years ago
The latest in the brokerage wars: Charles Schwab will allow people to buy fractions of stocks

The latest in the brokerage wars: Charles Schwab will allow people to buy fractions of stocks

Charles Schwab will soon let its clients trade fractions of stocks, the founder and chairman told the Wall Street Journal in an interview.

6 years ago
U.S. homebuilding retreats, manufacturing still struggling

U.S. homebuilding retreats, manufacturing still struggling

U.S. homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.



6 years ago