Latest News on private equities market

U.S. fines Deutsche Bank $16 million to settle China, Russia corruption charges

Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated U.S. corruption laws by hiring relatives of foreign government officials in order to win or retain business, the U.S. regulator said in a statement.



6 years ago

Stock futures edge higher before Powell speech

U.S. stock index futures edged higher on Friday as investors looked to Federal Reserve Chair Jerome Powell's speech at a meeting of central bankers in Jackson Hole for confirmation that the central bank will cut interest rates next month.



6 years ago

SoftBank-backed Oyo, known for budget stays, to rebrand Hooters hotel in Vegas

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a source with knowledge of the matter said was worth $135 million.



6 years ago

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion

Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year.



6 years ago
6 years ago

Billionaire industrialist David Koch has died

Billionaire industrialist David Koch, a former executive vice president of conglomerate Koch Industries and a major backer of conservative causes and political candidates, has died, his brother said on Friday.



6 years ago

Russia starts sales of 'Putin limousine', eyes Chinese market

Russia opened a showroom on Friday selling its first post-Soviet luxury limousine under the Aurus brand, a type of car used by President Vladimir Putin at his inauguration last year.



6 years ago

China unveils retaliatory tariffs on U.S. goods in deepening trade row

China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, marking the latest escalation of a protracted trade dispute between the world's two largest economies.



6 years ago

British judge orders confiscation of $1 million in cryptocurrencies from jailed hacker

A London judge ordered on Friday the confiscation of bitcoin and other digital currencies worth nearly $1 million from a prolific computer hacker, in the first case of its kind for Britain's biggest police force.



6 years ago

Volkswagen recalls 679,000 U.S. vehicles that could roll away

Volkswagen AG said Friday it is recalling 679,000 U.S. vehicles sold since 2011 that could roll away because of an electrical issue.



6 years ago

Stock futures turn sharply lower after China threatens tariffs on U.S. goods

U.S. stocks futures fell sharply on Friday after China said it would impose tariffs on about $75 billion worth of U.S. goods.



6 years ago

A money diet may sound like a great idea if you're strapped but it can boomerang

Lifestyle change may be the answer to solving your finances for the long haul.

6 years ago

Bullard says Fed should 'take out the insurance' with a rate cut and can always take it back

St. Louis Fed President James Bullard likes the idea of an insurance cut from the Federal Reserve.

6 years ago

Student loan borrowers battling cancer can now press pause on their payments

Congress passed a law allowing people with cancer to press pause on their student loan payments. Yet borrowers haven't been able to access the deferment because the U.S. Education Department didn't issue an official application. Now it has.

6 years ago

Billionaire industrialist and conservative donor David Koch dies at age 79

Billionaire industrialist David Koch, a driving force behind conglomerate Koch Industries who as one of the world's richest people became a major financier of conservative causes and political candidates, has died at age 79, his brother said on Friday.



6 years ago