Latest News on private equities market

PG&E negotiates price cuts on five solar, battery contracts

PG&E Corp on Thursday told a U.S. bankruptcy judge that it had reached agreements to cut prices by at least 10% on five power contracts, according to court papers.



5 years ago

U.S. banking regulators examined Amazon's cloud in April - WSJ

Federal banking regulators had inspected Amazon.com Inc's Virginia facility earlier in April, the Wall Street Journal reported on Thursday, citing people familiar with the matter.



5 years ago

Explainer - Trump's China tariffs: Paid by U.S. importers, not by China

With U.S. President Donald Trump's announcement on Thursday of tariffs on another $300 billion of Chinese imports, nearly all goods from China will be subject to import taxes, and Trump says they generate billions of dollars in revenues for the U.S. Treasury from China.



5 years ago

Trump hits China with more tariffs, says Xi moving too slow on trade

U.S. President Donald Trump said he plans to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1 and could raise tariffs further if China's President Xi Jinping fails to move more quickly to strike a trade deal.



5 years ago

Trump's tariffs jolt global stocks, lift safe-haven assets

Global stocks took another beating on Friday while investors piled on to safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports from next month.



5 years ago

Trump hits China with more tariffs, says Xi moving too slowly on trade

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply raising the stakes in a bruising trade war with China and jolting global financial markets.



5 years ago

Oil prices rebound after Trump trade tariffs trigger plunge

Oil prices rose more than $1 on Friday, rebounding from their biggest falls in years after U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between the world's two biggest economies and crude consumers.



5 years ago

Senior China diplomat says more U.S. tariffs incorrect way to resolve trade dispute

Threatening more tariffs on Chinese goods was not a correct or constructive way to resolve the U.S.-China trade dispute, senior Chinese diplomat Wang Yi said on Friday after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.



5 years ago

Trump's tariffs jolt global stocks, trigger rush to safety

Global stocks took another beating on Friday with investors piling into safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.



5 years ago

Boeing to change 737 MAX flight-control software to address flaw: sources

Boeing Co plans further changes to the software architecture of the 737 MAX flight-control system to address a flaw discovered after a test in June, two people briefed on the matter said late on Thursday.



5 years ago

Apple and Microsoft vie for top market spot, but only one will win

Apple has pushed past the $1 trillion market cap to nip at Microsoft's heels. The charts suggest one will keep rolling past that milestone.

5 years ago

Oil slips 1% after Fed disappoints, U.S. crude output rises

Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress towards resolving a bitter trade dispute.



5 years ago

Democrats pass up chance to dent GM on job cuts in Detroit debates

Detroit-based General Motors Co emerged from two days of Democratic debates in its hometown largely unscathed as 2020 White House hopefuls largely passed up an opportunity to criticize it for significant job cuts in recent months.



5 years ago

Seeds of London Stock Exchange deal planted at flower show

The London Stock Exchange Group Plc’s expected $27 billion purchase of financial-data business Refinitiv has its origins in May 2013, amid the crocuses, champagne and corporate hobnobbing of London’s Chelsea Flower Show.



5 years ago

Chinese billionaire indicted in U.S. for alleged $1.8 billion aluminum tariff evasion

A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded to evade $1.8 billion of tariffs by smuggling huge amounts of the metal into the United States, federal prosecutors said on Wednesday.



5 years ago