Latest News on private equities market

White House denies report China's Liu He plans to leave Washington on Thursday: CNBC

White House denies report China's Liu He plans to leave Washington on Thursday: CNBC

The White House has denied a report from the South China Morning Post that said that Chinese Vice Premier Liu He is planning to leave Washington on Thursday after just one day of minister-level meetings, a CNBC reporter said on Twitter.



7 years ago
Pompeo says China's treatment of Muslims 'enormous human right violation': PBS interview

Pompeo says China's treatment of Muslims 'enormous human right violation': PBS interview

U.S. Secretary of State Mike Pompeo said in a television interview on Wednesday that China's treatment of Muslims, including the Uighurs, in western China was an "enormous human rights violation" and Washington will continue to raise the issue.



7 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.



7 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.



7 years ago
U.S. tariffs on China are working, U.S. Secretary of Commerce says

U.S. tariffs on China are working, U.S. Secretary of Commerce says

Tariffs are forcing China to pay attention to U.S. concerns, according to a copy of a speech to be given by U.S. Secretary of Commerce Wilbur Ross on Thursday.



7 years ago
U.S. to issue licenses for supply of non-sensitive goods to Huawei: NYT

U.S. to issue licenses for supply of non-sensitive goods to Huawei: NYT

The United States will soon issue licenses allowing some U.S. companies to supply non-sensitive goods to Chinese telecoms gear maker Huawei Technologies Co Ltd, the New York Times said on Wednesday, citing people familiar with the matter.



7 years ago
Shares in China's Hikvision and Dahua dive after U.S. blacklisting

Shares in China's Hikvision and Dahua dive after U.S. blacklisting

Shares of Hangzhou Hikvision Digital Technology and Zhejiang Dahua Technology Co Ltd, which were among companies blacklisted by Washington, fell sharply in early trading on Thursday.



7 years ago
WeWork to open two new locations in Singapore amid cost-cutting drive

WeWork to open two new locations in Singapore amid cost-cutting drive

Office-sharing startup WeWork on Thursday said it will open two new locations in Singapore this year, even as its seeks a $1 billion lifeline from its biggest-backer Softbank Group Corp to progress a major restructuring.



7 years ago
U.S. tariffs on China are working, says U.S. Secretary of Commerce

U.S. tariffs on China are working, says U.S. Secretary of Commerce

Tariffs are forcing China to pay attention to U.S. concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.



7 years ago
Power cut to millions as California faces heightened wildfire risks

Power cut to millions as California faces heightened wildfire risks

Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co (PG&E) imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather.



7 years ago
Global stocks recover but anxiety over trade talks lingers

Global stocks recover but anxiety over trade talks lingers

Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin on Thursday could be cut short.



7 years ago
Gene testing firm gets 25-year ban in $42.6 million kickback settlement

Gene testing firm gets 25-year ban in $42.6 million kickback settlement

A New Orleans-based genetics testing company and its three principals will pay $42.6 million to resolve charges they defrauded the federal government by paying kickbacks for referrals and billing for medically unnecessary tests, the U.S. Department of Justice said on Wednesday.



7 years ago
Oil prices fall as hopes for U.S.-China trade progress wilt

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

Oil prices fell on Thursday on concerns of lower fuel demand as talks this week between the United States and China, the world's two largest oil users, are not expected to help end the trade war between them, adding to anxieties about the global economy.



7 years ago
Hungary's MOL in talks for Chevron's $2 billion stake in giant Azeri oilfield: sources

Hungary's MOL in talks for Chevron's $2 billion stake in giant Azeri oilfield: sources

Hungarian energy firm MOL is in talks to acquire Chevron's stake in a giant oilfield in Azerbaijan for more than $2 billion, according to three banking and industry sources involved in the process.



7 years ago
Wall Street gets tech boost as reports bolster hopes of trade deal

Wall Street gets tech boost as reports bolster hopes of trade deal

Wall Street rose on Wednesday on the back of gains in technology stocks, as investor sentiment was boosted by reports indicating an ease in trade tensions between the United States and China ahead of pivotal talks on Thursday.



7 years ago