Latest News on private equities market

Saudi Aramco aims to buy Reliance stake, reports 12% earnings slide

Saudi Aramco is planning a blockbuster investment in Reliance Industries , the Indian firm announced on Monday, as the energy giant diversifies its business, where weaker oil prices pared its first-half profit by 12%. State-run Aramco disclosed its closely guarded financials for the first time earlier this year, revealing its 2018 earnings in order to obtain a public rating and start issuing international bonds. The world's top oil producer plans to launch an



5 years ago

Saudi Aramco aims to buy Reliance stake, reports lower earnings

Saudi Aramco is planning a blockbuster investment in Reliance Industries , the Indian conglomerate said on Monday, as the Saudi energy giant diversifies its business, where weaker oil prices cut its first-half profit by 12%. In preparation for what could be the world's largest initial public offering (IPO), state-run Aramco began publishing its results this year as it also started issuing international bonds. The world's top oil producer plans to launch



5 years ago

Nike aims sneaker subscriber scheme at $10 billion U.S. kids market

Nike Inc will launch a new subscription service for kids sneakers this week that seeks to woo parents with an offer of fewer nightmarish trips to the shoe store in exchange for a regular fee and consistent brand loyalty.



5 years ago
5 years ago

AMS sparks bidding war for Osram, shines spotlight on auto business

Shares in Osram jumped after Austrian sensor maker AMS triggered a bidding war for the German lighting group, saying it was ready to trump Bain and Carlyle with a cash offer valuing the company at 4.3 billion euros ($4.8 billion).



5 years ago

Wall St. drops at open as trade war stokes fears of recession

U.S. stocks opened lower on Monday, dragged down by financial stocks, as investors shunned risky bets on fears that a drawn-out trade war between the United States and China could force the global economy into recession.



5 years ago

CBS shareholders to get slight premium from Viacom deal: sources

CBS Corp and Viacom Inc are in the final stages of negotiation of an all-stock merger that values the latter at a discount to its closing price on Friday, two sources told Reuters.



5 years ago

New Companies for Week Ending 8/11/2019

New Companies for Week Ending 8/11/2019


The post New Companies for Week Ending 8/11/2019 appeared first on Crowditz.


5 years ago

Funding Report for Week Ending 8/11/2019

Funding Report for Week Ending 8/11/2019


The post Funding Report for Week Ending 8/11/2019 appeared first on Crowditz.


5 years ago

Yen and bond bulls charge on; Argentina braces for mauling

Persistent concerns about a prolonged U.S.-China trade war and a no-deal Brexit kept the yen and bond bulls charging on Monday, while Argentina's markets were set to crash after voters gave its president an election mauling.



5 years ago

Wall Street slips as trade war stokes fears of recession

U.S. stocks slipped on Monday, dragged down by financial shares, as investors fled riskier assets on fears that a drawn-out trade war between the United States and China could force the global economy into recession.



5 years ago

Jet Airways sale suffers setback as two potential investors back out

Creditors' hopes of resurrecting India's Jet Airways and salvaging some value from the bankrupt airline were dealt a fresh blow on Monday as two potential investors said they were no longer interested in putting money into the business.



5 years ago

Lloyd's of London meets second-quarter electronic trading target

Lloyd's of London met a second-quarter target to complete at least half of its insurance under-writing deals electronically, as part of efforts to modernize operations and save costs.



5 years ago

Business owners across the US say this is the biggest 2020 election issue

The latest CNBC|SurveyMonkey Small Business Survey reveals the No. 1 issue that business owners on Main Streets across the nation say will decide their vote for president in the 2020 election. It can be summed up in one word: Trump.

5 years ago

Small business confidence drops to a low as U.S.–China trade war rattles Main Street

Small business owners across the nation are worried about the U.S.–China trade war. The CNBC|SurveyMonkey Small Business Survey for the third quarter finds confidence dropping to a level it has not seen since 2017, matching an all-time low.

5 years ago