Latest News on private equities market

Exclusive: After 50 years in UK North Sea, Exxon eyes the exit - sources

Exclusive: After 50 years in UK North Sea, Exxon eyes the exit - sources

Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.



7 years ago
Apple's AirPods will not escape Trump's China tariffs

Apple's AirPods will not escape Trump's China tariffs

Apple Inc's AirPods, Apple Watch and HomePod, which have helped the company to offset waning sales of its bestselling iPhone this year, are not included in a temporary reprieve on tariffs by the Trump administration and will face a 10% levy on Sept 1.



7 years ago
Brick & Mortar fund raises $97 million to make construction tech-savvy

Brick & Mortar fund raises $97 million to make construction tech-savvy

Brick & Mortar Ventures, a venture capital fund founded by a scion of family-run Bechtel Corp, said on Tuesday it had raised $97.2 million from leading construction-related companies as builders turn to 3D printing and other software to cut costs and boost productivity.



7 years ago
Ryanair's Irish pilots agree to talks as strike looms

Ryanair's Irish pilots agree to talks as strike looms

Ryanair's directly employed pilots in Ireland agreed to attend mediated talks starting on Wednesday to avert a strike their trade union said would go ahead next week if the airline does not properly address a pay claim.



7 years ago
GM, Ford planning for possible economic downturn: executives

GM, Ford planning for possible economic downturn: executives

The top two U.S. automakers are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and Beijing fuels fears of a global recession.



7 years ago
Apple drives Wall Street higher as U.S. delays some tariffs

Apple drives Wall Street higher as U.S. delays some tariffs

U.S. stocks surged more than 1.5% on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 4% rally in shares of iPhone maker Apple Inc.



7 years ago
Oil soars near 5% on easing U.S.-China trade tensions

Oil soars near 5% on easing U.S.-China trade tensions

Oil prices rose almost 5% on Tuesday after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummeled the market in recent months.



7 years ago
Smart watches, Bluetooth headphones to get tariffs Sept. 1: USTR

Smart watches, Bluetooth headphones to get tariffs Sept. 1: USTR

Some consumer electronics items spared from previous U.S. tariffs on Chinese goods, including smart watches, fitness trackers, smart speakers and Bluetooth headphones, were not given a reprieve by the Trump administration's delays in some tariffs on Tuesday.



7 years ago
U.S. inflation picking up; Fed rate cut still expected

U.S. inflation picking up; Fed rate cut still expected

U.S. consumer prices increased broadly in July, but the signs of an acceleration in inflation will likely do little to change market expectations that the Federal Reserve will cut interest rates again next month amid worsening trade tensions.



7 years ago

Argentina's massive stock market and currency sell-off triggers risk of contagion, analysts warn

Argentina's President Mauricio Macri lost by a far greater margin that expected in primary elections on Sunday.

7 years ago
7 years ago
Scout24 can afford leverage ratio of up to 3.5 for buybacks: CEO

Scout24 can afford leverage ratio of up to 3.5 for buybacks: CEO

German classifieds group Scout24 can cope with a higher long-term leverage ratio of up to 3.5 times core earnings to fund greater capital return to shareholders, CEO Tobias Hartmann said on Tuesday.



7 years ago

Asking for a raise? If you do, expect about a $2,400 bump in pay

Even with the jobless rate at 3.7%, near a 50-year low, you'll have to speak up if you want to get a raise in the year ahead.

7 years ago
CBS, Viacom seal merger deal: source

CBS, Viacom seal merger deal: source

CBS Corp and Viacom Inc have finalized their merger agreement, a source told Reuters on Tuesday, reunifying the U.S. entertainment companies after 13 years apart.



7 years ago
Amazon in talks to buy up to 10% stake in India's Future Retail: Bloomberg

Amazon in talks to buy up to 10% stake in India's Future Retail: Bloomberg

Amazon.com Inc is in late-stage talks to buy as much as 10% of India's Future Retail Ltd , Bloomberg reported on Tuesday, citing people familiar with the matter.



7 years ago