Latest News on private equities market

Oil slips further below $59 on weaker economic outlook

Oil slips further below $59 on weaker economic outlook

Oil slipped further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in U.S. crude inventories.



6 years ago
Markets falter as Brexit approaches its endgame

Markets falter as Brexit approaches its endgame

European equities opened lower and sterling came off five-month highs on Wednesday as the European Union and Britain resumed talks in Brussels to avert a disorderly Brexit before an EU summit on Thursday and Friday.



6 years ago
EU orders Broadcom to suspend some deals with six modem, tv makers

EU orders Broadcom to suspend some deals with six modem, tv makers

EU antitrust regulators on Wednesday ordered U.S. chipmaker Broadcom to suspend certain business deals with TV and modem makers while they investigate whether these agreements are aimed at thwarting rivals.



6 years ago
Swiss says Airbus A220 flights resuming as engines pass inspection

Swiss says Airbus A220 flights resuming as engines pass inspection

Airline Swiss expects to resume mostly normal service with its fleet of Airbus A220 jets on Thursday after temporarily grounding the jets for safety checks of their engines, it said on Wednesday.



6 years ago
Oil rises on hopes OPEC will extend supply cuts

Oil rises on hopes OPEC will extend supply cuts

Oil rose above $59 a barrel on Wednesday, gaining support due to signs that OPEC and allied producers will make further curbs to oil supply in December, and as traders covered short positions ahead of an industry report on U.S. crude inventories.



6 years ago
Boeing CEO says 'fully supportive' of board's move to split jobs: memo

Boeing CEO says 'fully supportive' of board's move to split jobs: memo

Boeing Co Chief Executive Dennis Muilenburg told employees he was "fully supportive" of the board's decision to split his chairman and CEO roles, allowing him to focus on running the world's largest planemaker, according to a memo seen by Reuters on Wednesday.



6 years ago
Overcoming these three things could spark a year-end rally, Ned Davis Research says

Overcoming these three things could spark a year-end rally, Ned Davis Research says

The market is in a slump, but accomplishing three things could lead to a year-end rally, according to a report by Ned Davis Research.

6 years ago
Trump says likely won't sign China trade deal until he meets with Xi

Trump says likely won't sign China trade deal until he meets with Xi

U.S. President Donald Trump on Wednesday said he likely would not sign any trade deal with China until he meets with Chinese President Xi Jinping at the upcoming APEC Forum in Chile.



6 years ago
U.S. safety agency to jumpstart revamp of new car rating program

U.S. safety agency to jumpstart revamp of new car rating program

The U.S. National Highway Traffic Safety Administration (NHTAS) said Wednesday it is reviving a long-stalled effort to overhaul the five-star crash rating program for all new vehicles.



6 years ago
Weak U.S. retail sales cast pall over slowing economy

Weak U.S. retail sales cast pall over slowing economy

U.S. retail sales fell for the first time in seven months in September, suggesting that manufacturing-led weakness could be spreading to the broader economy, keeping the door open for the Federal Reserve to cut interest rates again later this month.



6 years ago
Wall Street inches lower as trade concerns linger

Wall Street inches lower as trade concerns linger

Wall Street edged lower on Wednesday, as concerns over an escalation in the U.S.-China trade war and weak economic indicators persisted, while a raft of upbeat results underlined a solid start to the third-quarter earnings season.



6 years ago
Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board

Old, corroded pipe led to Philadelphia refinery fire: Chemical Safety Board

An old, degraded piece of metal pipe that had not been tested for corrosion led to the June fire and explosions at the Philadelphia Energy Solutions oil refinery, the U.S. Chemical Safety and Hazard Investigation Board said on Wednesday.



6 years ago
FCC approves merger of T-Mobile, Sprint on vote split on party lines

FCC approves merger of T-Mobile, Sprint on vote split on party lines

T-Mobile US Inc's proposed $26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along party lines, two sources told Reuters.



6 years ago
Oil rises 1.4% on hopes OPEC will extend supply cuts, weaker U.S. dollar

Oil rises 1.4% on hopes OPEC will extend supply cuts, weaker U.S. dollar

Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories.



6 years ago
Boeing CEO says 'fully supportive' of board's decision to split jobs: letter

Boeing CEO says 'fully supportive' of board's decision to split jobs: letter

Boeing Co Chief Executive Dennis Muilenburg told employees in a memo seen by Reuters on Wednesday that he was "fully supportive" of the board's decision to split his chairman and CEO roles, allowing him to focus on running the world's largest planemaker.



6 years ago