Latest News on private equities market

China lowered expectations for U.S. trade talks after blacklist: Chinese officials, diplomats

Surprised and upset by this week's U.S. blacklisting of Chinese companies, Beijing has lowered expectations for significant progress from this week's trade talks with the United States, Chinese government officials, diplomats, and investors told Reuters.



6 years ago

ProPetro rejigs management after internal probe into accounting disclosures

Hydraulic fracturing firm ProPetro Holding Corp on Wednesday announced a management shakeup, following an internal investigation into disclosure of electric frac equipment purchases and executive spending.



6 years ago

Mississippi will back Sprint, T-Mobile merger and drop court challenge

One of 17 U.S. states that sued to block a proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc agreed to drop the challenge after reaching a deal with the companies.



6 years ago

US small businesses are fighting an uphill battle against counterfeiters in China: 'It's like whack-a-mole'

While the discussion about protecting IP has focused on big tech companies, small businesses are fighting an uphill battle with limited resources to protect their patents and trademarks in China.

6 years ago

Oil edges higher on supply worries; eyes on trade talks

Oil prices rose on Tuesday, buoyed by overnight gains in industrial commodities, while unrest in oil-producing countries Iraq and Ecuador raised concerns of supply disruption, adding to support.



6 years ago

U.S. widens blacklist to include China's top AI startups ahead of trade talks

The U.S. government expanded its trade blacklist to include some of China's top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week.



6 years ago

U.S.-China strains over Hong Kong and minority rights hinder chance of trade deal

Prospects for progress in U.S.-China trade talks dimmed on Monday after Washington blacklisted Chinese companies over Beijing's treatment of predominantly Muslim ethnic minorities, and President Donald Trump said a quick trade deal was unlikely.



6 years ago

Strong smartphone sales raise hopes of Samsung turnaround

Strong sales of Samsung Electronics' Galaxy Note 10 smartphone series are limiting forecast profit falls at the South Korean tech giant, raising hopes it is getting back on a growth track after years of moribund sales.



6 years ago

Sports brand Vans removes Hong Kong sneaker in design competition

U.S. sports brand Vans removed "a small number" of submissions in a global sneaker design competition, including one featuring a yellow umbrella and people wearing helmets and masks, as the company distanced itself from months-long protests in Hong Kong.



6 years ago

The end of Libor: the biggest banking challenge you've never heard of

On June 30, British bank NatWest sent out an arcane-sounding press release - bus operator National Express had become the first company to take out a loan based on Sonia, a replacement for scandal-hit interest rate benchmark Libor.  



6 years ago

Factbox: The global benchmarks replacing Libor

Libor is an interest rate based on quotes from banks on how much it would cost to borrow money from each other. It is a price reference for financial contracts worth more than $300 trillion globally, from complex derivatives to home loans and credit cards.



6 years ago

Oil climbs on Iraq unrest, while demand worries on hold

Oil prices rose on Tuesday as unrest in crude producers Iraq and Ecuador raised supply concerns and demand worries were put on hold as investors awaited the outcome of U.S.-China trade talks this week.



6 years ago

Trump's Scottish Golf courses post further losses

Scottish Golf courses owned by President Donald Trump's family business posted further losses last year, according to accounts filed in Britain in recent days.



6 years ago

China, asked about U.S. blacklisting of Chinese firms, says will protect its sovereign security

China's foreign ministry said on Tuesday that China will continue to take firm and resolute measures to protect its sovereign security, when asked about the U.S. blacklisting of Chinese firms.



6 years ago

Hong Kong bourse pulls plug on $39 billion play for London Stock Exchange

Hong Kong's bourse on Tuesday scrapped its unsolicited $39 billion approach for London Stock Exchange Group (LSE) after failing to convince LSE management to back a move that could have transformed both global financial services giants.



6 years ago