Latest News on private equities market

Wall Street jumps as trade deal hopes rise

Wall Street jumps as trade deal hopes rise

U.S. stocks rose on Thursday after President Donald Trump confirmed he would meet Chinese Vice Premier Liu He on Friday for further trade talks, adding to optimism following a report that China was willing to reach a deal.



6 years ago
Oil prices rise as OPEC pledges decision on supply

Oil prices rise as OPEC pledges decision on supply

Oil prices rose on Thursday as OPEC indicated that all options were on the table to balance oil markets and that it would take a decision in December on supply for next year.



6 years ago
No-deal Brexit tariffs would be unsustainable for Nissan in Europe

No-deal Brexit tariffs would be unsustainable for Nissan in Europe

No-deal Brexit tariffs of 10% on cars would be unsustainable for Nissan in Europe, where the carmaker's operations include a British and Spanish plant, the Japanese firm warned on Thursday.



6 years ago
Swiss National Bank and BIS use innovation hub to explore digital central bank money and DLT

Swiss National Bank and BIS use innovation hub to explore digital central bank money and DLT

Finextra | Oct 8, 2019 The Swiss National Bank (SNB) is working with the Bank for International Settlements (BIS) on an innovation hub in Switzerland that will initially focus on research into digital central bank money and distributed ledger technology. The SNB is working with SIX on the research, embarking on a proof of concept

6 years ago
WeWork India seeks new backers after talks with local bank collapse

WeWork India seeks new backers after talks with local bank collapse

WeWork's India franchise has seen talks with existing backer ICICI Bank on $100 million in new funding break down since The We Company's botched stock market launch and is in discussions on raising $200 million from other investors, the venture's chief shareholder Jitu Virwani said on Thursday.



6 years ago
U.S. consumer inflation muted; labor market tightening

U.S. consumer inflation muted; labor market tightening

U.S. consumer prices were unchanged in September and underlying inflation retreated, supporting expectations the Federal Reserve will cut interest rates in October for the third time this year amid risks to the economy from trade tensions.



6 years ago
Wall Street set to open weaker as focus turns to high-level U.S.-China trade talks

Wall Street set to open weaker as focus turns to high-level U.S.-China trade talks

Wall Street's main indexes were set to open lower on Thursday, as top negotiators from the United States and China meet for the first time since late July to try to hammer out a deal to end the 15-month long trade war.



6 years ago
Retail credit card rates average 26%. Here's how to head off trouble if you sign up for one

Retail credit card rates average 26%. Here's how to head off trouble if you sign up for one

With interest rates on some of these cards hovering around 30%, it's important to know exactly what you're agreeing to if you sign up for one.

6 years ago
Renault board to meet, as CEO skirts departure reports

Renault board to meet, as CEO skirts departure reports

Renault's CEO Thierry Bollore skirted the matter of his potential exit from the firm in a conversation with staff on Thursday, two company sources said, as the carmaker said it was calling a board meeting on Friday to discuss governance matters.



6 years ago
BMW bets on doubling of luxury car sales to boost margins

BMW bets on doubling of luxury car sales to boost margins

BMW aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday.



6 years ago
Here's how many workers are saving the maximum in their retirement plans

Here's how many workers are saving the maximum in their retirement plans

A handful of ambitious taxpayers managed to sock away the maximum amount to their 401(k). Here's how to work toward that.

6 years ago
American Airlines cancels Boeing 737 MAX flights until Jan. 16

American Airlines cancels Boeing 737 MAX flights until Jan. 16

American Airlines Group Inc said Wednesday it is extending cancellations of Boeing 737 MAX flights through Jan. 15 as regulators continue to extensively review proposed software changes to the grounded plane.



6 years ago
Stocks slide, safe assets gain on anxiety over trade talks

Stocks slide, safe assets gain on anxiety over trade talks

Global stocks tumbled and the safe haven yen and Swiss franc gained in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks.



6 years ago
U.S. weighing China currency pact as part of partial trade deal: Bloomberg

U.S. weighing China currency pact as part of partial trade deal: Bloomberg

The United States is weighing a currency pact with China as part of a partial deal that could see a planned tariff hike next week being suspended, Bloomberg reported https://bloom.bg/35vnu7g on Wednesday, citing people familiar with the talks.



6 years ago
Oil prices drop as hopes for U.S.-China trade progress wilt

Oil prices drop as hopes for U.S.-China trade progress wilt

Oil prices slid on Thursday as hopes faded for any significant progress in U.S.-China trade talks that could dispel clouds over the global economy and gloom over prospects for weaker oil demand.



6 years ago