Latest News on private equities market

UAW calls Thursday meeting to update union leaders on GM strike talks: sources

UAW calls Thursday meeting to update union leaders on GM strike talks: sources

The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from around the country on the status of the talks, several people familiar with the plans said on Monday.



7 years ago
Oil prices extend losses as weak China data compounds U.S.-China trade deal doubts

Oil prices extend losses as weak China data compounds U.S.-China trade deal doubts

Oil prices dropped again on Tuesday after falling heavily in the previous session, as weak Chinese economic data for September added to lingering concerns about the feasibility of the U.S.-China trade deal announced by President Trump late last week.



7 years ago
Stocks pause on unsettled trade deal; earnings eyed

Stocks pause on unsettled trade deal; earnings eyed

Wall Street edged lower on Monday as uncertainties following recent U.S.-China trade negotiations clouded sentiment and investors turned their focus on the third-quarter earnings season, which begins in earnest on Tuesday.



7 years ago
Emirates sees place for Boeing 787 in airline’s fleet: President

Emirates sees place for Boeing 787 in airline’s fleet: President

Emirates Airline President Tim Clark said on Monday he sees a place for Boeing's 787 aircraft in the Dubai airline's fleet.



7 years ago
Oil falls more than 2% on U.S.-China trade deal doubts, stronger dollar

Oil falls more than 2% on U.S.-China trade deal doubts, stronger dollar

Oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few details about the first phase of a U.S.-China trade deal did little to assure a quick resolution to the tariff fight.



7 years ago
Exclusive: No choice but to invest in oil, Shell CEO says

Exclusive: No choice but to invest in oil, Shell CEO says

Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said.



7 years ago
Oilfield services firm ProPetro cuts almost 150 workers: sources

Oilfield services firm ProPetro cuts almost 150 workers: sources

ProPetro Holding Corp this month cut about 150 workers, people familiar with the matter said on Monday, the latest sign of growing trouble in the oilfield services sector as U.S. shale producers reduce drilling.



7 years ago
Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of 'thumb-sucking'

Longtime Berkshire Hathaway shareholder sells stake, accusing Warren Buffett of 'thumb-sucking'

David Rolfe, a longtime Berkshire Hathaway shareholder and CIO at Wedgewood Partners, is fed up with Warren Buffett.

7 years ago
Industrial earnings take center stage in third quarter with trade, economy in focus

Industrial earnings take center stage in third quarter with trade, economy in focus

Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy's health and the fallout from trade tensions between Washington and Beijing.



7 years ago
Southwest pilots union sees 737 MAX return in February or later

Southwest pilots union sees 737 MAX return in February or later

A union representing pilots at Southwest Airlines Co on Monday said it believes the grounded Boeing 737 MAX will likely return to the skies in "probably a February time frame to say the least."



7 years ago
In new headache, WeWork says it found cancer-causing chemical in its phone booths

In new headache, WeWork says it found cancer-causing chemical in its phone booths

Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove costly. It has closed about 2,300 phone booths at some of its 223 sites in the United States and Canada after it says it discovered elevated levels of formaldehyde.



7 years ago
Asia relieved at latest trade truce, China data disappoints

Asia relieved at latest trade truce, China data disappoints

Asian share markets firmed on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetite, though investors were wary of the damage already done to the global economy.



7 years ago
China September iron ore imports surge to 20-month high on firm demand

China September iron ore imports surge to 20-month high on firm demand

China's iron ore imports rose for a third straight month in September to a 20-month high, according to customs data released on Monday, fueled by firm demand at steel mills and stable shipments from big miners.



7 years ago
China September exports, imports in deeper contraction as tariffs bite

China September exports, imports in deeper contraction as tariffs bite

China's exports fell at a faster pace in September while imports contracted for a fifth straight month, pointing to further weakness in the economy and underlining the need for more stimulus as the Sino-U.S. trade war drags on.



7 years ago
China September rare earth exports fall nearly 18% from last month

China September rare earth exports fall nearly 18% from last month

China's rare earth exports in September fell 17.9% from August, customs data showed on Monday, amid lingering fears that the world's top producer of the minerals will restrict supply because of its trade row with the United States.



7 years ago