Latest News on private equities market

Wells Fargo & Co named banking veteran Charles Scharf as chief executive officer on Friday, the lender's third CEO since a wide-ranging sales scandal erupted three years ago.

Pfizer Inc said on Friday Ian Read will retire as executive chairman at the end of this year, after a four-decade association with the largest U.S. drugmaker that included eight years as chief executive officer.

The United States and European Union are edging closer to a tariff war over aircraft subsidies after a 15-year-old dispute at the World Trade Organization.

"We choke off the supply and we stop funding their nonsense," CNBC's Jim Cramer tweets.

It's no longer a probability, it's a reality: the escalating U.S.-China trade war and the strengthening dollar appear to be inflicting measurable damage on U.S. goods makers that rely on global markets.

Shares in LATAM Airlines Group surged more than 30% at the market open on Friday, the day after Delta Air Lines said it would buy a 20% stake in the company for $1.9 billion, creating a major new airline partnership and ending the Chilean carrier's ties with American Airlines.

U.S. stocks opened higher on Friday as financials rose but the S&P 500 and Nasdaq may still end a volatile week in the red as the shock of the launch of an impeachment investigation into President Donald Trump offsets positive cues on trade.

U.S. consumer spending barely rose in August and business investment remained weak, suggesting the economy was losing momentum as trade tensions linger.

Italy's Tod's appointed a former Google executive as chief digital and innovation officer to ramp up its ongoing digital transformation, the shoes and leather goods company said on Friday.

World shares erased losses on Friday, buoyed by a wave of optimism that U.S.-China trade tensions might be easing as markets largely brushed off concerns about possible impeachment moves against U.S. President Donald Trump.

Couples share their best strategies for thriving on one income.

Austrian sensor maker AMS has increased its takeover offer for German lighting group Osram to 41.00 euros per share or 4.5 billion euros ($4.9 billion), heating up a bidding war as a rival consortium is poised to enter the fray.

Factories have been the first victims of the Trump-era global trade rows. Now the question is how much their troubles will spread to other parts of the world's biggest economies: the so-called spillover effect.

The Portuguese government has earmarked 150 million euros ($164 million) worth of credit to help local companies affected by the collapse of British travel firm Thomas Cook, the cabinet said on Friday.

Freight rates for shipping naphtha and other clean oil products from the Middle East to Japan have jumped 13% to their highest levels in nearly two weeks after Washington imposed sanctions on tanker subsidiaries of China's COSCO, according to industry sources and Refinitiv data.