Latest News on private equities market

Chilean bank ordered to open Uber's accounts to taxman

Chilean bank ordered to open Uber's accounts to taxman

Chile's Supreme Court has ordered the Bank of Chile to allow tax authorities to examine the local accounts of Uber , rejecting an appeal by the ride-sharing company, according to a judgment seen by Reuters on Tuesday.



6 years ago
Oil prices edge higher as OPEC hints at deeper output cuts

Oil prices edge higher as OPEC hints at deeper output cuts

Oil prices rose on Wednesday, tracking gains in equities, as investors pinned hopes on a potential Brexit deal between Britain and the European Union and on signals from OPEC and its allies that further supply curbs could be possible.



6 years ago
House investigators say they have begun receiving data from big tech firms

House investigators say they have begun receiving data from big tech firms

The leaders of the House of Representatives Judiciary Committee said late on Tuesday that they had begun receiving data from Facebook, Alphabet's Google, Amazon and Apple as part of their probe into the companies' potential breaches of antitrust law.



6 years ago
Asian shares tick up, sterling off five-month peak as crunch Brexit talks eyed

Asian shares tick up, sterling off five-month peak as crunch Brexit talks eyed

Asian shares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors looked to whether Britain can secure a deal to avoid a disorderly exit from the European Union.



6 years ago
New Pratt engine checks after Swiss A220 diverts to Paris

New Pratt engine checks after Swiss A220 diverts to Paris

Pratt & Whitney recommended checks on engines on Airbus A220 aircraft and some Embraer jets after a Geneva-bound Swiss jet diverted to Paris with an engine problem, prompting the grounding of the rest of the airline's A220 fleet.



6 years ago
Despite political headwinds, Huawei wins 5G customers in Europe

Despite political headwinds, Huawei wins 5G customers in Europe

China's Huawei may be facing closer official scrutiny in Europe amid U.S. allegations that it poses a security threat, but mobile operators in the region are still queuing up to buy its gear for their next-generation 5G networks.



6 years ago
Fidelity reviewing ties with Ken Fisher after 'inappropriate' comments

Fidelity reviewing ties with Ken Fisher after 'inappropriate' comments

Fidelity Investments said on Tuesday it is reviewing its relationship with Ken Fisher after the investment firm leader made "highly inappropriate comments" at a conference last week.



6 years ago
WeWork bond prices at record low on possible debt-heavy financing deal

WeWork bond prices at record low on possible debt-heavy financing deal

The price of WeWork's U.S. junk bond fell to an all-time low on Tuesday, last trading at 78 cents on the dollar, as the company weighed financing options including a package that may include at least $2 billion of unsecured notes with a 15% coupon.



6 years ago
Oil steady, retraces losses on talk of Brexit deal, hints of OPEC supply restraint

Oil steady, retraces losses on talk of Brexit deal, hints of OPEC supply restraint

Oil prices were narrowly mixed on Tuesday, retracing early losses on optimism about a potential Brexit deal and signals from OPEC that further supply curbs are possible, but prices remained under pressure from U.S.-China trade worries and concern about swelling U.S. crude inventries.



6 years ago
Fidelity to review ties with money manager after 'inappropriate' comments

Fidelity to review ties with money manager after 'inappropriate' comments

Fidelity Investments criticized money manager Kenneth Fisher on Tuesday over what it called inappropriate remarks he made at an investment conference last week, saying it was reviewing the $500 million Fisher's firm manages for the mutual fund giant.



6 years ago
Wall Street gains after strong start to earnings season

Wall Street gains after strong start to earnings season

Wall Street rose 1% on Tuesday as strong earnings from JPMorgan, UnitedHealth and Johnson & Johnson allayed concerns about the fallout from a prolonged U.S.-China trade war on Corporate America.



6 years ago
Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup

Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup

Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth of shareholder value.



6 years ago
Buffett's Berkshire seeks Fed leeway to boost BofA bet: Bloomberg

Buffett's Berkshire seeks Fed leeway to boost BofA bet: Bloomberg

Warren Buffett's Berkshire Hathaway Inc is seeking permission from the Federal Reserve to boost its stake in Bank of America Corp above the 10% level, Bloomberg reported on Tuesday.



6 years ago
Use these time-tested strategies to make sure you don't spend too much in retirement

Use these time-tested strategies to make sure you don't spend too much in retirement

People entering retirement will have to devise a smart strategy of how to spend their savings.

6 years ago
Goldman Sachs says it marked down WeWork stake by $80 million

Goldman Sachs says it marked down WeWork stake by $80 million

Still, Goldman's WeWork writedown was smaller than the $264 million estimate of Morgan Stanley analyst Betsy Graseck.

6 years ago