Latest News on private equities market

'Wolf of Wall Street' producer charged with 1MDB money laundering in Malaysia

'Wolf of Wall Street' producer charged with 1MDB money laundering in Malaysia

Malaysia on Friday charged one of the "Wolf of Wall Street" film producers, and stepson of former prime minister Najib Razak, with money laundering, alleging he misappropriated $248 million linked to state fund 1Malaysia Development Berhad (1MDB).



7 years ago
Asian shares hold near two-month highs before U.S. payrolls test

Asian shares hold near two-month highs before U.S. payrolls test

Asian shares hovered near two-month highs on Friday as investors braced for U.S. employment data, a key release that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve.



7 years ago
Crude oil prices fall 1% on fears for global economy

Crude oil prices fall 1% on fears for global economy

Crude oil prices fell on Friday as concerns over the outlook for global economic growth outweighed elevated tensions in the Middle East that could disrupt supply routes and send prices higher.



7 years ago
Asian shares near two-month highs ahead of U.S. payrolls

Asian shares near two-month highs ahead of U.S. payrolls

Asian shares hovered near two-month highs on Friday, holding recent gains as investors awaited U.S. employment data, a key release that could make or break market expectations about aggressive policy easing by the Federal Reserve.



7 years ago
Crude oil prices fall as global growth fears weigh

Crude oil prices fall as global growth fears weigh

Crude oil prices fell on Friday, pressured by concerns over the outlook for global economic growth.



7 years ago
Samsung Electronics profit guidance beats expectations on one-off gains, outlook weak

Samsung Electronics profit guidance beats expectations on one-off gains, outlook weak

Samsung Electronics Co Ltd forecast a steep plunge in its second-quarter operating profit as the U.S.-China trade war wreaks havoc in global chip and smartphone markets, although one-off gains helped it beat analyst expectations.



7 years ago
Samsung Electronics says second-quarter operating profit likely 56% down, beats expectations

Samsung Electronics says second-quarter operating profit likely 56% down, beats expectations

South Korean tech giant Samsung Electronics Co Ltd on Friday said its second-quarter operating profit likely fell 56% from a year earlier, beating analyst estimates.



7 years ago
Walmart says Mexico same-store sales rise 4.7% in June

Walmart says Mexico same-store sales rise 4.7% in June

Walmart de Mexico, Mexico's biggest retailer, said on Thursday that sales at stores open more than a year in Mexico rose 4.7% in June compared to the same month last year.



7 years ago
U.S. asks federal court to throw out Huawei lawsuit

U.S. asks federal court to throw out Huawei lawsuit

The U.S. government filed a motion on Wednesday asking for the dismissal of a lawsuit by Chinese telecommunications giant Huawei Technologies Co Ltd that claimed the United States had acted illegally when it blacklisted Huawei's products.



7 years ago
Facebook gets more official pushback on Libra

Facebook gets more official pushback on Libra

CNN Business | Clare Duffy | July 4, 2019 New York (CNN Business)American lawmakers are concerned that Facebook's Libra cryptocurrency may try to challenge the dollar and are demanding the company stand down. They want Facebook to immediately halt development of Libra until regulators have time to examine the plans and "take action," according to

7 years ago
Oil prices fall on U.S. inventory data, concerns about demand

Oil prices fall on U.S. inventory data, concerns about demand

Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles and worries about the global economy.



7 years ago
French official says 'not aware' of new discussions on Renault, Fiat Chrysler alliance

French official says 'not aware' of new discussions on Renault, Fiat Chrysler alliance

The head of French state holding APE said on Thursday he was "not aware" of any new discussions between Renault and Fiat Chrysler over a future alliance.



7 years ago
Ethiopian crash families criticize Boeing over donation plan

Ethiopian crash families criticize Boeing over donation plan

The families of victims of an Ethiopian air disaster on Thursday criticized Boeing's plan to donate $100 million to unspecified charities and communities affected by two crashes, saying it was too vague and that families should have been consulted first.



7 years ago
EU opens road to 5G connected cars in boost to BMW, Qualcomm

EU opens road to 5G connected cars in boost to BMW, Qualcomm

European Union states opened the way to competing technologies for internet connected cars on Thursday, rejecting a European Commission push for a wifi-based standard backed by Volkswagen .



7 years ago
Deloitte, partner fined over Serco Geografix audit failures

Deloitte, partner fined over Serco Geografix audit failures

Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting.



7 years ago