Latest News on private equities market

GM switches health insurance costs to union for striking workers; talks continue

GM switches health insurance costs to union for striking 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
Benettons set to shake up Atlantia as bridge probe escalates

Benettons set to shake up Atlantia as bridge probe escalates

The Benetton family is set to replace the powerful head of Atlantia with an executive committee and co-opt a right-hand man to help steer the infrastructure group through fallout from a deadly bridge collapse, three sources said.



7 years ago
Pence says attacks against U.S. allies and global energy supply will fail

Pence says attacks against U.S. allies and global energy supply will fail

U.S. Vice President Mike Pence said on Tuesday the United States was evaluating evidence on the attacks on Saudi oil facilities and stands read to defend its interests and allies in the Middle East.



7 years ago
Saudi oil output to recover in two or three weeks after attack: sources

Saudi oil output to recover in two or three weeks after attack: sources

Saudi Arabia sought to calm markets on Tuesday after an attack on its oil facilities, with sources in the kingdom saying output was recovering much more quickly than initially forecast and could be fully back in two or three weeks.



7 years ago
U.S. agency says Walmart likely discriminated against female workers: WSJ

U.S. agency says Walmart likely discriminated against female workers: WSJ

Walmart Inc likely discriminated against 178 female workers by paying less or denying promotions or both because of their gender, the U.S. Equal Employment Opportunity Commission said in memos reviewed by The Wall Street Journal, the newspaper said on Tuesday.



7 years ago
Oil drops sharply as Saudi output seen returning soon after attacks

Oil drops sharply as Saudi output seen returning soon after attacks

Oil prices dropped sharply on Tuesday after a top Saudi Arabian source told Reuters production could be fully back on line within weeks, quicker than initially thought following weekend attacks that cut halved the kingdom's output.



7 years ago
Divided Fed set to cut interest rates this week, but then what?

Divided Fed set to cut interest rates this week, but then what?

Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from cutting interest rates at a two-day meeting that begins on Tuesday.



7 years ago
Japan's Abe says he will meet Iran's Rouhani this month in New York: NHK

Japan's Abe says he will meet Iran's Rouhani this month in New York: NHK

Japanese Prime Minister Shinzo Abe said on Tuesday he would meet with Iranian President Hassan Rouhani at the end of the month, as regional tensions rise in the Middle East after the weekend attacks on Saudi oil facilities, public broadcaster NHK said.



7 years ago
UAE official: Saudi Aramco attacks are a dangerous escalation

UAE official: Saudi Aramco attacks are a dangerous escalation

Attacks on oil plants in Saudi Arabia are a dangerous escalation and the international community should stand by Riyadh and ensure regional stability, a senior United Arab Emirates official said on Tuesday.



7 years ago
Explainer: Details on car tariffs fuzzy as U.S., Japan head for trade deal

Explainer: Details on car tariffs fuzzy as U.S., Japan head for trade deal

U.S. President Donald Trump has said Washington and Tokyo have reached an initial trade deal that he and Japanese Prime Minister Shinzo Abe are expected to sign in New York later this month.



7 years ago
LG Display seeks job cuts amid mounting financial losses

LG Display seeks job cuts amid mounting financial losses

South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy program for its domestic production line employees amid mounting financial losses.



7 years ago
Trump says U.S. reaches trade deals with Japan, no word on cars

Trump says U.S. reaches trade deals with Japan, no word on cars

U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval, but stopped short of assuring Japan that new tariffs would not be slapped on vital auto exports.



7 years ago
Oil falls but prices still elevated after attacks on Saudi facilities

Oil falls but prices still elevated after attacks on Saudi facilities

Oil fell more than 1% on Tuesday as the market hung on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilities that cut the kingdom's output in half and sent prices soaring by the most in decades.



7 years ago
UAE minister says international community should stand by Saudi Arabia after attacks

UAE minister says international community should stand by Saudi Arabia after attacks

The attack on Saudi Arabia is a dangerous escalation and the international community should stand by the Gulf country and ensure regional stability, UAE Minister of State for Foreign Affairs Anwar Gargash said in a tweet on Tuesday.



7 years ago
Spiking oil likely won't derail a rally that's lifted stocks to within inches from records

Spiking oil likely won't derail a rally that's lifted stocks to within inches from records

In the past few weeks, the S&P 500 has waged a 6% rally, pulling within 1% of its late-July record high by Friday's close.

7 years ago