Latest News on private equities market

Saudi Defense Ministry press conference to show Iranian involvement in Aramco attacks: state TV

Saudi Defense Ministry press conference to show Iranian involvement in Aramco attacks: state TV

A Saudi Defense Ministry spokesman will hold a press conference on Wednesday to provide information about last week's attack on Aramco, state TV said early on Wednesday.



7 years ago
Adobe's fourth-quarter forecast, marketing software unit disappoint

Adobe's fourth-quarter forecast, marketing software unit disappoint

Adobe Inc on Tuesday gave a tepid current-quarter revenue forecast and said that bookings in its newly acquired marketing software unit were growing slower than expected, sending shares nearly 3% in after-market trading.



7 years ago
Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive

Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive

Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp's best bet for wider acceptance of hydrogen power - technology so far eclipsed by electric vehicles.



7 years ago
GM stops paying for health insurance for striking union workers; talks continue

GM stops paying for health insurance for striking union workers; talks continue

General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday.



7 years ago
House panel asks Boeing CEO to testify October 30 on 737 MAX

House panel asks Boeing CEO to testify October 30 on 737 MAX

The U.S. House Transportation and Infrastructure Committee on Tuesday formally asked Boeing chief executive Dennis Muilenburg to testify on the now grounded 737 MAX that has been involved in two deadly crashes since October 2018 that killed 346 people.



7 years ago
Official says U.S. believes Saudi attacks came from southwest Iran

Official says U.S. believes Saudi attacks came from southwest Iran

The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, giving an assessment that further increases tension in the Middle East.



7 years ago
Aramco's Abqaiq plants have restored 2 million bpd capacity: company source

Aramco's Abqaiq plants have restored 2 million bpd capacity: company source

Saudi Aramco's Abqaiq processing plants have restored 2 million barrels per day (bpd) of capacity following attacks on Saturday, and they are expected to be back at normal capacity by the end of the month, a company source told Reuters on Tuesday.



7 years ago
Factbox: WeWork takes its place in 2019's spoiled IPO party

Factbox: WeWork takes its place in 2019's spoiled IPO party

WeWork owner The We Company postponed its initial public offering (IPO) after a lackluster response from investors to its plans, adding to a long list of high profile names that have failed to click as listed companies this year.



7 years ago
Trump says not looking to meet Iran’s Rouhani at U.N. meeting

Trump says not looking to meet Iran’s Rouhani at U.N. meeting

U.S. President Donald Trump on Tuesday said he is not looking to meet Iranian President Hassan Rouhani during a United Nations event at the end of the month, as tensions between the two countries rise over U.S. accusations Iran was behind an attack on oil plants in Saudi Arabia.



7 years ago
Trump does not see oil reserve release after Saudi attacks

Trump does not see oil reserve release after Saudi attacks

U.S. President Donald Trump said on Tuesday he did not think it would be necessary to release oil from the Strategic Petroleum Reserve after attacks on Saudi oil facilities, saying oil prices have not spiked very much.



7 years ago
Trump says China trade deal could come before U.S. election, or not

Trump says China trade deal could come before U.S. election, or not

U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.



7 years ago
Saudi Arabia's oil supply fully back online: energy minister

Saudi Arabia's oil supply fully back online: energy minister

Saudi Arabia's oil supply is fully back online after weekend attacks halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September and 12 million bpd by the end of November, the energy minister said on Tuesday.



7 years ago
U.S. believes attack on Saudi Arabia came from southwest Iran

U.S. believes attack on Saudi Arabia came from southwest Iran

The United States believes Saturday's attack on Saudi Arabia's oil facilities originated in southwestern Iran, a U.S. official told Reuters on Tuesday.



7 years ago
Oil plummets 6% as Saudi says oil production fully restored

Oil plummets 6% as Saudi says oil production fully restored

Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output.



7 years ago
Aramco IPO will be ready within coming 12 months: chairman

Aramco IPO will be ready within coming 12 months: chairman

Saudi Aramco chairman Yassir al-Rumayyan said on Tuesday a planned initial public offering (IPO) of the state oil giant would be ready within the coming 12 months and that the kingdom was committed to the listing.



7 years ago