Latest News on private equities market

European stocks recover before Fed minutes, Jackson Hole gathering

European stocks recover before Fed minutes, Jackson Hole gathering

European stocks opened higher on Wednesday as hopes for more monetary and fiscal stimulus helped assuage worries about global recession, political turmoil in Italy and endless trade wars.



7 years ago

Fed sees tariffs as 'persistent headwind' to economic growth

Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battle

7 years ago
Exclusive: Humbled Noble Group seeks to rebuild LNG, energy businesses: sources

Exclusive: Humbled Noble Group seeks to rebuild LNG, energy businesses: sources

Noble Group Holdings (Noble Holdings) plans to rebuild its liquefied natural gas (LNG) and core energy businesses and develop rare earths as it seeks new life as a niche, Asia-focused commodity trader, sources aware of the matter said.



7 years ago
DHL stops deliveries for Amazon Fresh in Germany

DHL stops deliveries for Amazon Fresh in Germany

Deutsche Post DHL will no longer deliver fresh food in Germany for Amazon as demand for the service launched in 2017 has been disappointing, a spokeswoman said on Wednesday.



7 years ago
Illinois corn yields seen below average but improve as tour scouts go West

Illinois corn yields seen below average but improve as tour scouts go West

Corn farmers in west-central Illinois are facing potentially smaller corn yields this fall in what has been a challenging growing season after extreme weather and heavy rains delayed plantings across much of the U.S. Midwest, scouts on an annual tour said on Wednesday.



7 years ago
Norwegian wealth fund buoyed by U.S. tech giants

Norwegian wealth fund buoyed by U.S. tech giants

Norway's $1.1 trillion sovereign wealth fund, the world's largest, benefited from a strong finish to the second quarter to post a 3% return on investment, buoyed by U.S. tech giants Microsoft and Facebook.



7 years ago
Citigroup, BNP caught up in U.S. case against Huawei CFO: documents

Citigroup, BNP caught up in U.S. case against Huawei CFO: documents

U.S.-based Citigroup and French bank BNP Paribas are caught up in the U.S. criminal case against the chief financial officer of China's Huawei Technologies, according to newly available documents.



7 years ago

Fed says July rate cut was 'recalibration' and not part of 'pre-set course' for more easing

The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.

7 years ago
Goldman moves to take majority control of China joint venture

Goldman moves to take majority control of China joint venture

Goldman Sachs has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control.



7 years ago
Caution grips Asian shares as Fed events loom large

Caution grips Asian shares as Fed events loom large

Asian shares flatlined on Wednesday as worries about global recession and endless trade wars wrestled with hopes for more monetary and fiscal stimulus to keep growth going.



7 years ago
Xiaomi growth slows as fewer people buy phones, Huawei competition bites

Xiaomi growth slows as fewer people buy phones, Huawei competition bites

Chinese smartphone maker Xiaomi Corp posted its slowest revenue growth as a public company, missing analysts' estimates, as it lost market share to Huawei and customers held on to their phones before a 5G refresh.



7 years ago
U.S. lawmakers say tariffs on EU olive oil pit Trump trade policy against demand

U.S. lawmakers say tariffs on EU olive oil pit Trump trade policy against demand

U.S. lawmakers on Wednesday urged the U.S. Trade Representative's Office not to impose new import tariffs on European olive oil, warning they could lead to an olive oil shortage and higher prices in the United States.



7 years ago

Trump to grant student loan forgiveness for disabled veterans

President Donald Trump signed a memorandum on Wednesday to automatically cancel the student loan debt of disabled veterans. More than 25,000 service members will have their debt wiped away.

7 years ago
Boeing awarded $999 million contract for A-10 wing replacements: Pentagon

Boeing awarded $999 million contract for A-10 wing replacements: Pentagon

Boeing has been awarded a $999 million defense contract to replace the wings on A-10 close air support aircraft, the Pentagon said on Wednesday.



7 years ago
San Francisco crowdfunder Kiva sets up Sierra Leone credit database

San Francisco crowdfunder Kiva sets up Sierra Leone credit database

Kiva, a San Francisco-based tech charity, is using blockchain to create an online ID database in Sierra Leone allowing people who struggle to get loans to prove their credit history.



7 years ago