Latest News on private equities market

Saudi Aramco confident Khurais full output to resume by end-September

Saudi Aramco confident Khurais full output to resume by end-September

Saudi Aramco is confident full production will resume by the end of September from Khurais, one of two oil sites attacked on Sept. 14, a company executive said on Friday.



7 years ago
Rolls-Royce sees further delay in Trent 1000 engine overhaul

Rolls-Royce sees further delay in Trent 1000 engine overhaul

British engineering firm Rolls-Royce said on Friday it expects problems with its Trent 1000 engines to take longer to fix, with a target of fewer than 10 grounded aircraft delayed until the second quarter of 2020.



7 years ago
Google to invest 3 billion euros in European data centers

Google to invest 3 billion euros in European data centers

Google will make an additional investment of 3 billion euros ($3.32 billion) to expand its European data centers, Chief Executive Sundar Pichai told a news conference in Finland.



7 years ago
Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions

Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector from incumbent Alibaba, the head of its cloud unit told Reuters.



7 years ago
Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point

Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm tariffs and digital trade when they meet in New York next week.



7 years ago
Royal Bank of Scotland appoints Alison Rose as CEO

Royal Bank of Scotland appoints Alison Rose as CEO

Royal Bank of Scotland has appointed Alison Rose as its new chief executive, becoming the first major British lender to appoint a woman to its top job.



7 years ago
China sovereign fund CIC says cautious of U.S. investment amid trade war

China sovereign fund CIC says cautious of U.S. investment amid trade war

China Investment Corp (CIC) on Friday said the Sino-U.S. trade war has made it more cautious about investing in the United States, after the Chinese sovereign wealth fund posted a dive in yearly profit.



7 years ago
‘We don’t have enough money’: Tech leaders debate constraints at Vancouver Startup Week

‘We don’t have enough money’: Tech leaders debate constraints at Vancouver Startup Week

Vancouver Courier | Tyler Orton | Sep 20, 2019 Growth in technology may be stymied without enough investment capital, say experts It’s a rare feat for B.C. tech companies to lay claim to capital raises totalling more than $450 million over the course of 13 days. Despite that recent tally, the current level of capital

7 years ago
If you hit the $211 million Mega Millions jackpot, here's what you'll pay in taxes

If you hit the $211 million Mega Millions jackpot, here's what you'll pay in taxes

While the odds are stacked against players scoring the jackpot — your chance is about 1 in 302 million — the IRS is always a guaranteed winner.

7 years ago
U.S., China held 'productive' talks, still plan October meeting: USTR

U.S., China held 'productive' talks, still plan October meeting: USTR

U.S. and Chinese deputy negotiators held "productive" talks in Washington this week aimed at improving their trade relationship, the U.S. Trade Representative's office said on Friday without offering further details.



7 years ago
Warren, Sanders to visit striking GM workers as dispute continues

Warren, Sanders to visit striking GM workers as dispute continues

Two major Democratic presidential candidates plan to visit striking General Motors workers in Detroit in the coming days as a five-day-old labor dispute threatens to enter its second week.



7 years ago
Exclusive: Fitbit considers whether it should explore a sale - sources

Exclusive: Fitbit considers whether it should explore a sale - sources

Wearable device maker Fitbit Inc has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday.



7 years ago
Few U.S. lawmakers hit 'like' button after Facebook CEO visits Capitol Hill

Few U.S. lawmakers hit 'like' button after Facebook CEO visits Capitol Hill

Facebook CEO Mark Zuckerberg wrapped up three days of discussions with Washington movers and shakers on Friday, with few if any indications he had won new "friends" to help the top social media company deal with multiple probes by Congress, state attorneys general and federal regulators.



7 years ago
Wall Street drops after China cancels trip to Montana farmland

Wall Street drops after China cancels trip to Montana farmland

Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks.



7 years ago
Fed in three voices: recession, bubbles, and 'in a good place'

Fed in three voices: recession, bubbles, and 'in a good place'

After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions on full display Friday, with warnings of a slowdown on the one hand and financial risks on the other bookending talk of how well things are going.



7 years ago