Latest News on private equities market

Cathay Pacific Chairman Slosar resigns just weeks after CEO leaves

Cathay Pacific Chairman Slosar resigns just weeks after CEO leaves

Hong Kong's Cathay Pacific Airways said on Wednesday its Chairman John Slosar has resigned, less than three weeks after mounting Chinese regulatory scrutiny led to the shock departure of its chief executive.



7 years ago
Share index relegation a sign of the times for once mighty M&S

Share index relegation a sign of the times for once mighty M&S

Marks & Spencer chairman Archie Norman has said he is unperturbed by the British retailer's share price slide, with his focus on the long term, but relegation from the prestigious FTSE 100 index is a symbol of its decline.



7 years ago
U.S. effort to disqualify Huawei's lead lawyer goes to court

U.S. effort to disqualify Huawei's lead lawyer goes to court

A former U.S. Justice Department official who now represents Huawei Technologies is expected in Brooklyn federal court on Wednesday to defend his right to represent the Chinese company against U.S. charges of bank fraud and sanctions violations.



7 years ago
Cathay Pacific Chairman Slosar resigns, to be replaced by Swire executive

Cathay Pacific Chairman Slosar resigns, to be replaced by Swire executive

Hong Kong's Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline's top shareholder Swire Pacific Ltd .



7 years ago
Oil prices nudge up, but economic worries loom

Oil prices nudge up, but economic worries loom

Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses on fears about a weakening global economy.



7 years ago
Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit

Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.



7 years ago
Easing political worries in Europe lift shares, pound jumps

Easing political worries in Europe lift shares, pound jumps

Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised the prospect of another delay to Brexit.



7 years ago
Cathay Pacific says Chairman John Slosar resigns

Cathay Pacific says Chairman John Slosar resigns

Hong Kong's Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline's top shareholder Swire Pacific Ltd .



7 years ago
Oil prices nudge higher, but economic worries loom

Oil prices nudge higher, but economic worries loom

Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China's services sector, having touched their lowest in close to a month during the previous session on fears over the weakening global economy.



7 years ago
Malaysia pursuing civil action to recover nearly $1 billion from former 1MDB unit

Malaysia pursuing civil action to recover nearly $1 billion from former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.



7 years ago
Asia stocks track Chinese gains, pound finds a floor

Asia stocks track Chinese gains, pound finds a floor

Stocks followed a firmer Chinese lead on Wednesday after a report showed growth in the country's service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted.



7 years ago
Oil prices recover some ground, but economic concerns weigh

Oil prices recover some ground, but economic concerns weigh

Oil prices recovered some ground on Wednesday after touching their lowest in close to a month during the previous session on concerns that a weakening global economy could depress demand.



7 years ago

There's a key tax deadline right around the corner. Here's how to prepare

Sept. 16 doesn't sound as scary as April 15, but it's still an important date for the IRS. Here's what entrepreneurs, investors and gig workers should know.

7 years ago

Here's how to avoid some big money mistakes

Nearly all of us have made our share of poor financial decisions in our lifetimes, but these mistakes are also an opportunity to improve our financial well-being, by teaching us how to make better money choices.

7 years ago

The Big Short's Michael Burry says he has found the next market bubble

Michael Burry, one of the first investors to call and profit from the subprime mortgage crisis, is seeing a similar bubble in passive investing, according to Bloomberg News.

7 years ago