Latest News on private equities market

Oil edges up on supply cuts; trade worries limit gains

Oil edges up on supply cuts; trade worries limit gains

Oil futures edged up on Tuesday as OPEC supply cuts and Middle East tensions kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand.



7 years ago
The $280,000 lab-grown burger could be a more palatable $10 in two years

The $280,000 lab-grown burger could be a more palatable $10 in two years

Lab-grown meat, first introduced to the world six years ago in the form of a $280,000 hamburger, could hit supermarket shelves at $10 a patty within two years, European start-ups told Reuters.



7 years ago

New Virgin Galactic Chairman Chamath Palihapitiya says tourism spaceflights to begin within a year

Virgin Galactic expects to be profitable two years after it begins publicly-trading.

7 years ago

Two smaller, but well known Wall Street firms are merging: Piper Jaffray to buy Sandler O'Neill

Piper Jaffray and Sandler O'Neill will merge in a deal worth $485 million.

7 years ago
U.S. expects China to buy farm products amid ongoing trade talks: Kudlow

U.S. expects China to buy farm products amid ongoing trade talks: Kudlow

White House economic adviser Larry Kudlow on Tuesday said China was expected to move forward with agriculture purchases from the United States even as trade talks continued between the two countries.



7 years ago
Oil edges up as supply concerns offset trade disputes

Oil edges up as supply concerns offset trade disputes

Oil edged further above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions countered the U.S.-China trade dispute that has been dragging down the global economy and oil demand.



7 years ago
Aramco awards $18 billion in contracts to boost capacity at Marjan, Berri oilfields

Aramco awards $18 billion in contracts to boost capacity at Marjan, Berri oilfields

Saudi Aramco has awarded 34 contracts with a total value of $18 billion for engineering, procurement and construction projects at its Marjan and Berri oilfields, the company said.



7 years ago

A tortilla shortage at Taco Bell could hurt sales and Yum Brands' stock, analyst says

A shortage of tortillas at fast food chain Taco Bell is crippling the chains menu and could endanger its parent company, Yum Brands' stock, Bank of America said.

7 years ago
Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source

Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source

Deutsche Bank is in talks with SoftBank-backed British fintech firm OakNorth to use the latter's credit analysis and monitoring platform, a source with knowledge of the discussions told Reuters.



7 years ago
Doubts over Deutsche Bank turnaround plan dent shaky shares

Doubts over Deutsche Bank turnaround plan dent shaky shares

Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany.



7 years ago
Wall Street opens lower on trade war fallout concerns

Wall Street opens lower on trade war fallout concerns

U.S. stocks opened lower on Tuesday, weighed down by worries over the impact of a protracted U.S.-China trade spat on company earnings and lowered expectations of a sharp interest rate cut later this month.



7 years ago
PepsiCo's core soda brand, chips boost quarterly results

PepsiCo's core soda brand, chips boost quarterly results

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips.



7 years ago
Richard Branson's Virgin Galactic to launch IPO by end of the year

Richard Branson's Virgin Galactic to launch IPO by end of the year

British billionaire Richard Branson's Virgin Galactic plans a stock market listing by the end of the year, becoming the first space tourism firm to tap public markets for funding.



7 years ago
U.S. to provide licenses for sales to Huawei if national security protected

U.S. to provide licenses for sales to Huawei if national security protected

The U.S. Department of Commerce will issue licenses to U.S. companies seeking to sell to Chinese telecoms equipment giant Huawei Technologies Co Ltd where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday.



7 years ago
Stock futures fall on concerns over U.S.-China trade fallout

Stock futures fall on concerns over U.S.-China trade fallout

U.S. stock futures fell on Tuesday as investors worried over a hit to earnings from the prolonged U.S.-China trade war and receding hopes of a sharp rate cut by the Federal Reserve later this month.



7 years ago