Latest News on private equities market

Trump: U.S. had 'very good talk' with China; in-person talks may follow

U.S. President Donald Trump said on Friday that U.S. Treasury Secretary Steve Mnuchin had a very good talk with his Chinese counterpart, amid signals from China that officials could soon meet face-to-face in their bid to end a yearlong trade war.



5 years ago

American Airlines-Qantas joint venture wins final U.S. approval

The U.S. Department of Transportation (DOT) on Friday granted American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint venture after a prior effort was rejected in 2016.



5 years ago

Four Republican lawmakers ask Trump to move forward with $10 billion Pentagon cloud contract

Four Republican members of U.S. Congress, including House Armed Services Committee ranking member Mac Thornberry, sent a letter to President Donald Trump on Thursday urging him to move forward with a $10 billion cloud contract with the Defense Department.



5 years ago

Ford to lay off 185 workers at Canadian plant: union

Ford Motor Co will lay off about 185 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the union local said on Friday.



5 years ago

Ford to lay off around 200 workers at Canadian plant

Ford Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in Oakville, Ontario, with the possibility of more layoffs in January, the company said on Friday.



5 years ago

Equifax nears deal to pay about $700 million to settle U.S. data-breach probes: WSJ

Credit reporting company Equifax Inc is close to a deal to settle data breach probes by paying around $700 million, the Wall Street Journal reported on Friday, citing people familiar with the matter.



5 years ago

White House to host meeting with tech executives on Huawei ban: sources

White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the U.S. ban on sales to China's Huawei Technologies Co Ltd, two sources briefed on the meeting said on Friday.



5 years ago

IEA says does not expect 'huge increase' in crude prices

The International Energy Agency (IEA) doesn't expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday.



5 years ago

GM's mid-engine Corvettes roar onstage to take on Europeans

General Motors Co unveiled on Thursday its newly designed mid-engine 2020 Corvette in a splashy tribute to its emblematic sports car, even as the No. 1 U.S. automaker faces mounting pressures in a sluggish and uncertain global sales environment.



5 years ago

Oil jumps after U.S. Navy downs Iranian drone

Oil prices rose nearly 2% on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.



5 years ago

BMW picks 'decisive' new CEO to catch up with rivals

BMW named Oliver Zipse as its new chief executive late on Thursday, praising his "decisive" qualities after the luxury carmaker lost its edge in electric cars and ceded the premium sales crown to Mercedes under his consensus-seeking predecessor.



5 years ago

Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as tensions brewed again in the Middle East after a U.S. Navy ship destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.



5 years ago

Aston Martin's biggest investor offers to buy another 3% stake

The biggest investor in Aston Martin offered on Friday to buy another 3% stake in the luxury carmaker, whose shares have slumped since listing last year.



5 years ago

Bayer welcomes judge's call for new trial in $2 billion glyphosate case

Germany's Bayer AG on Friday welcomed a conditional ruling by a U.S. judge calling for a retrial of the case of a couple awarded $2 billion in damages by a jury who found that its glyphosate-based weedkiller caused their cancer.



5 years ago

IEA does not expect 'huge increase' in crude prices: executive director

The International Energy Agency (IEA) doesn't expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday.



5 years ago