Latest News on private equities market

Rich get richer, everyone else not so much in record U.S. expansion

Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece - his famed "Black Strat" Fender Stratocaster - that went for nearly $4 million to the owner of the U.S. National Football League's Indianapolis Colts.



5 years ago

Locked out of China, U.S. pork producers sniff out new buyers

U.S. hog farmers lost hundreds of millions of dollars in export sales to China and Mexico after President Donald Trump launched his trade wars last year.



5 years ago

Global growth woes, trade uncertainty drag on Asian shares

Asian shares wobbled on Tuesday, U.S. Treasury yields fell and gold rebounded as weak global factory activity reinforced fears about slowing growth, while doubts over whether the United States and China can pull off a trade deal also hurt sentiment.



5 years ago

Oil prices climb as OPEC extends cuts, but demand worries persist

Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.



5 years ago

Amazon to create 1,800 jobs in France, Conforama to cut jobs

U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany, although furniture retailer Conforama went the other way in cutting jobs.



5 years ago

EU leaders enter third day of summit to carve up top posts

The European Union's leaders gathered on Tuesday for a third consecutive day of arm-wrestling over the 28-nation bloc's key posts, with little sign that fundamental differences had narrowed.



5 years ago

Luxembourg's Bettel sees breakthrough at EU top jobs summit

Luxembourg's liberal Prime Minister Xavier Bettel said he was convinced that there would be a breakthrough in talks among EU leaders on the bloc's top jobs on Tuesday, saying he hoped for the largest consensus possible.



5 years ago

Stocks lose steam as threats to growth end relief rally

Stocks eked out meager gains on Tuesday amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk.



5 years ago

Oil dips on demand worries despite OPEC cut extension

Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by producer club OPEC on Monday to extend supply cuts until next March.



5 years ago

Dutch PM Rutte hopes agreement will be reached on top EU jobs

Dutch Prime Minister Mark Rutte on Tuesday said he hoped EU leaders would reach a decision on filling the bloc's top posts, but declined to speculate about the chances of Dutchmen Frans Timmermans becoming the next European Commission president.



5 years ago

Spain's Sanchez sticks by Timmmermans-Weber EU top jobs proposal

Spanish Prime Minister Pedro Sanchez stuck firm to a proposed deal to install Dutchman Frans Timmermans as head of the European Union's executive on arrival on Tuesday for talks with other EU leaders on the bloc's top jobs.



5 years ago

Italy PM Conte says he would prefer a woman as head of EU executive

Italy's Prime Minister Giuseppe Conte said on Tuesday he would prefer a woman as president of the next European Commission, as EU leaders meet for a third consecutive day to end a stalemate over the appointment of top figures in the bloc.



5 years ago

We all need to compromise to get deal on new EU bosses: Merkel

Everyone will have to make compromises if an agreement is to be reached on how to parcel out top jobs in the European Union, German Chancellor Angela Merkel said upon arriving for the third day of a Brussels summit.



5 years ago

OPEC and allies extend oil supply cut in bid to boost prices

OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday seeking to prop up the price of crude as the global economy weakens and U.S. production soars.



5 years ago

Credit Suisse wealth boss Khan quits in latest Thiam-era exit

Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under its chief executive Tidjane Thiam.



5 years ago