Latest News on private equities market

Oil prices nudge up on Chinese economic data

Oil prices nudge up on Chinese economic data

Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country's slowest quarterly economic growth in decades.



7 years ago
Sports Direct delays results as House of Fraser deal backfires

Sports Direct delays results as House of Fraser deal backfires

British retailer Sports Direct has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in December.



7 years ago
Ford, UAW to kick off contentious contract talks

Ford, UAW to kick off contentious contract talks

The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points.



7 years ago
Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin.



7 years ago

Citigroup beats analysts' profit expectations on gains from Tradeweb IPO

Citigroup says gains from the Tradeweb IPO offset declines in trading and investment banking in the second quarter.

7 years ago

Here's what to buy on Amazon Prime Day

Prime Day has become one of the biggest shopping events of the year, but some discounts are better than others.

7 years ago
Wall Street treads water as Citi results pressure bank shares

Wall Street treads water as Citi results pressure bank shares

Wall Street's three main indexes flitted between slight gains and losses on Monday, as declines in Boeing and bank stocks after Citigroup's quarterly report were countered by a rise in technology shares.



7 years ago
Oil prices slip on mixed Chinese economic data, storm impact

Oil prices slip on mixed Chinese economic data, storm impact

Oil prices fell on Monday on mixed Chinese economic data and signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived.



7 years ago
LVMH pairs with Stella McCartney in ethical fashion bet

LVMH pairs with Stella McCartney in ethical fashion bet

French luxury goods conglomerate LVMH said on Monday it was pairing up with British designer Stella McCartney to further develop her brand, just months after she ended a long-term partnership with the group's arch-rival Kering .



7 years ago
United Airlines extends suspension of Delhi, Mumbai flights to Oct. 26

United Airlines extends suspension of Delhi, Mumbai flights to Oct. 26

United Airlines Holdings Inc said on Monday it was extending the suspension of its flights from the United States to Delhi and Mumbai in India until Oct. 26, citing continued restriction of Pakistani airspace.



7 years ago
Oklahoma at trial's end says opioid 'kingpin' J&J fueled epidemic

Oklahoma at trial's end says opioid 'kingpin' J&J fueled epidemic

Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for fueling the U.S. opioid epidemic in the first trial to result from lawsuits over the crisis.



7 years ago
UAW head wants union to share in profits of U.S. automakers

UAW head wants union to share in profits of U.S. automakers

The head of the labor union representing most hourly workers at the U.S. automakers struck an adversarial tone on Monday, vowing in likely contentious talks for new four-year deals that they want to share in the companies' profits.



7 years ago
Oklahoma seeks to hold J&J responsible for opioid crisis as trial ends

Oklahoma seeks to hold J&J responsible for opioid crisis as trial ends

Lawyers for the state of Oklahoma on Monday urged a judge to hold Johnson & Johnson responsible for fueling the U.S. opioid epidemic, as the first trial nationally in litigation over the drug crisis came to an end.



7 years ago
Back to beers for AB InBev after failed Asian float

Back to beers for AB InBev after failed Asian float

AB InBev's canceled Asian stock market listing will slow but not derail the world's largest brewer's efforts to cut its debt mountain, delaying future acquisitions and prioritizing its main challenge - selling more beers.



7 years ago
Facebook official says regulatory concerns to be addressed before Libra launch

Facebook official says regulatory concerns to be addressed before Libra launch

Facebook Inc's top official overseeing the launch of its Libra cryptocurrency plans to tell U.S. lawmakers the company will not launch the digital currency until regulatory concerns and approvals are fully addressed.



7 years ago