Latest News on private equities market

Strong SUV, truck demand drive U.S. auto sales higher in June

Strong SUV, truck demand drive U.S. auto sales higher in June

Automakers including Fiat Chrysler Automobiles NV and Hyundai Motor Co on Tuesday reported a rise in U.S. sales for June, lifted by strong demand for sport utility vehicles and trucks. Automakers have focused on selling the more profitable larger SUVs and trucks and had offered heavy discounts of up to 30% or more on their most popular models in June amid a slowdown in the broader market.



7 years ago
Outgoing Credit Suisse manager Khan mulling offers: source

Outgoing Credit Suisse manager Khan mulling offers: source

Credit Suisse's outgoing head of International Wealth Management Iqbal Khan is mulling several concrete offers from Swiss and international banks, a source familiar with Khan's thinking told Reuters on Tuesday.



7 years ago

Your dream home's beautiful exterior might be hiding a horror show

Don't fall in love with your dream home just yet. Costly surprises could be hiding just below the sheetrock. Watch out for these three clues.

7 years ago
Automakers post mixed U.S. June sales; SUVs, truck sales stay strong

Automakers post mixed U.S. June sales; SUVs, truck sales stay strong

Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline.



7 years ago
Irish regulator opens third privacy probe into Apple

Irish regulator opens third privacy probe into Apple

Apple's main regulator in the European Union, Ireland's Data Protection Commissioner (DPC), has opened a third privacy investigation into the iPhone maker over the last few weeks, a spokesman for the DPC said on Tuesday.



7 years ago
Huawei founder downplays effect of promised Trump reprieve: FT

Huawei founder downplays effect of promised Trump reprieve: FT

U.S. President Donald Trump's move to relax a ban on Huawei Technologies Co Ltd's equipment will not have "much impact" on its business as it adjusts to a new era of American hostility, the Financial Times quoted Huawei founder Ren Zhengfei as saying on Tuesday.



7 years ago
Relief rally fades fears of expanding trade wars

Relief rally fades fears of expanding trade wars

The global stocks rally that followed progress on U.S.-China trade relations stalled on Tuesday, pressured by weak manufacturing data from the euro zone and the United States, and as Washington threatened additional tariffs on European goods.



7 years ago
Credit Suisse wealth boss Khan quits in pursuit of top job

Credit Suisse wealth boss Khan quits in pursuit of top job

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



7 years ago

Trump trade advisor Peter Navarro: 'Complicated' US-China deal 'will take time' to get right

"We had a deal that was over 150 pages long with seven different chapters" at the time the negotiations flamed out, Navarro says on CNBC's "Squawk on the Street."

7 years ago
Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator

Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator

Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny.



7 years ago

Bitcoin dives below $10,000, giving up some of this year's epic rally

Bitcoin plunged Tuesday to below $10,000, cratering from a 17-month high hit just four sessions ago.

7 years ago
Oil dives 3% on demand worries even as OPEC, allies extend cuts

Oil dives 3% on demand worries even as OPEC, allies extend cuts

Oil prices fell more than 3% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.



7 years ago
EU leaders' tentative deal on top jobs hits opposition in parliament

EU leaders' tentative deal on top jobs hits opposition in parliament

French President Emmanuel Macron sought to break a deadlock over the EU's top jobs on Tuesday by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.



7 years ago
The future of finance report

The future of finance report

Bank of England Review of UK’s financial system | By Huw van Steenis | June 20, 2019 Overview My report, The Future of Finance , looks at how the economy is changing; how finance can serve and support these changes; and what it could mean for the Bank of England. We have looked beyond the

7 years ago
USTR proposes $4 billion in potential additional tariffs over EU aircraft subsidies

USTR proposes $4 billion in potential additional tariffs over EU aircraft subsidies

Just days after reaching a truce in the U.S.-China trade war, the U.S. government on Monday ratcheted up pressure on Europe in a long-running dispute over aircraft subsidies, threatening tariffs on $4 billion of additional EU goods.



7 years ago