Latest News on private equities market

How a sanctions-busting smartphone business thrives in North Korea

How a sanctions-busting smartphone business thrives in North Korea

North Korea is evading U.N. sanctions to cash in on soaring domestic demand for smartphones, using low-cost hardware imports to generate significant income for the regime, according to defectors, experts and an analysis of North Korean-made phones.



7 years ago
Japan's Abe: Trump agreed not to impose new car tariffs on Japan

Japan's Abe: Trump agreed not to impose new car tariffs on Japan

Japan's Prime Minister Shinzo Abe said U.S. President Donald Trump agreed on Wednesday not to impose national-security tariffs on Japanese.



7 years ago
Microsoft challenges federal judge's order on 'sneak and peek' searches

Microsoft challenges federal judge's order on 'sneak and peek' searches

Microsoft said on Wednesday it was challenging a federal judge's order that prevents the software maker from informing one of its large corporate customers that the U.S. government has issued a warrant for the customer's data.



7 years ago
Peloton raises $1.2 billion after IPO prices at top of range

Peloton raises $1.2 billion after IPO prices at top of range

Interactive Inc , the U.S. fitness startup known for on-demand workout programs on its exercise bikes, on Wednesday raised $1.16 billion in its initial public offering after pricing shares at the top end of its target range.



7 years ago
Lower mortgage rates stimulate lethargic U.S. housing market

Lower mortgage rates stimulate lethargic U.S. housing market

Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the sluggish housing market was starting to get a lift from lower mortgage rates.



7 years ago
Japan trade deal opens markets for $7 billion in U.S. products: Trump

Japan trade deal opens markets for $7 billion in U.S. products: Trump

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe announced initial details of an emerging trade deal between the two countries on Wednesday, with Trump saying it would open up Japanese markets to $7 billion worth of U.S. products.



7 years ago
GM calls on Alexa to give vehicles more skills

GM calls on Alexa to give vehicles more skills

General Motors Co will enable U.S. owners of 2018 and newer model vehicles to download Amazon.com's Alexa digital assistant software to control navigation, streaming media and phones starting next year, the companies said on Wednesday.



7 years ago
Investors like Chanos wonder if Trump's positive trade talk is ploy to distract from impeachment

Investors like Chanos wonder if Trump's positive trade talk is ploy to distract from impeachment

Some traders are voicing skepticism over the validity of the president's claims about making progress in trade negotiations with China.

7 years ago
Trump doubts Pelosi will hold USMCA vote as Democrats push impeachment

Trump doubts Pelosi will hold USMCA vote as Democrats push impeachment

U.S. President Donald Trump voiced skepticism on Wednesday over whether House of Representatives Speaker Nancy Pelosi will hold a vote on the new U.S-Mexico-Canada trade agreement (USMCA) after Democrats opened an impeachment inquiry against him.



7 years ago
Credit Suisse defeats lawsuits over huge U.S. 'volatility' crash

Credit Suisse defeats lawsuits over huge U.S. 'volatility' crash

A U.S. judge on Wednesday dismissed three lawsuits accusing Credit Suisse Group AG of misleading investors about a complex product for betting on stock market swings, and causing huge losses when it lost 96% of its value in one harrowing day.



7 years ago
U.S. oil activity slumps amid rising price uncertainty: Fed survey

U.S. oil activity slumps amid rising price uncertainty: Fed survey

U.S. oil and gas activity in some of the largest producing regions is declining, led by a weakening oilfield services sector as producers cut spending, according to an energy survey released on Wednesday by the Federal Reserve Bank of Dallas.



7 years ago
Best Buy targets $50 billion in revenue by 2025, eyes health tech boost

Best Buy targets $50 billion in revenue by 2025, eyes health tech boost

Best Buy Co Inc aims to rake in revenue of $50 billion and cut about $1 billion in costs by 2025, while ramping up its healthcare technology business, the biggest U.S. consumer electronics retailer said on Wednesday.



7 years ago
Luxury leader LVMH, in green mode, laments Thunberg's pessimism

Luxury leader LVMH, in green mode, laments Thunberg's pessimism

Environmental activist Greta Thunberg's discourse on climate change was overly pessimistic and demoralizing for young people, LVMH boss Bernard Arnault said on Wednesday, as the group behind brands like Louis Vuitton raised its "green" goals.



7 years ago
Italy's Panetta seen bringing rigour and art to ECB board

Italy's Panetta seen bringing rigour and art to ECB board

Fabio Panetta will bring both creativity and rigorous data analysis skills to the European Central Bank's executive committee when he joins the six-member board in January, according to people who know the Bank of Italy deputy governor.



7 years ago
Wall Street set for best day in two weeks on Trump trade comments

Wall Street set for best day in two weeks on Trump trade comments

U.S. stock indexes were set for their best day in two weeks on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected, while Nike shares hit a record high on upbeat quarterly results.



7 years ago