Latest News on private equities market

ADNOC closes $4 billion pipeline deal with KKR and BlackRock

ADNOC closes $4 billion pipeline deal with KKR and BlackRock

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had completed a deal for BlackRock and KKR to buy a 40% stake in ADNOC Oil Pipelines for $4 billion.



7 years ago
Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

Bayer shares jumped on Thursday after the chemicals group beefed up plans to tackle multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has revealed a sizeable stake in the company.



7 years ago
Sino-U.S. trade truce hopes rekindle risk appetite

Sino-U.S. trade truce hopes rekindle risk appetite

Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.



7 years ago
Asian shares turn up on Sino-U.S. trade truce hopes

Asian shares turn up on Sino-U.S. trade truce hopes

Asian shares crept higher on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.



7 years ago
Oil prices drop as traders wait for G20, OPEC+ meetings

Oil prices drop as traders wait for G20, OPEC+ meetings

Oil prices fell on Thursday to erase some of the previous session's strong gains, as traders wait for the G20 summit in Japan and for a meeting of OPEC and other crude producers to decide on an extension of output cuts.



7 years ago
China opposes U.S. abuse of export control, urges cooperation

China opposes U.S. abuse of export control, urges cooperation

China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are set to meet for talks on trade issues.



7 years ago
Amazon launches new in-store pickup option with Rite Aid as first partner

Amazon launches new in-store pickup option with Rite Aid as first partner

Amazon.com has steadily added options for customers to receive their packages including in car trunks, inside home garages and potentially by drone.



7 years ago
Ukrainian reformers under fire as battle over PrivatBank heats up

Ukrainian reformers under fire as battle over PrivatBank heats up

The day after Ukraine elected a new president in April, former central bank chief Valeria Gontareva was summoned for questioning as a suspect in a corruption investigation.



7 years ago
Corporations take it on the chin in first Democratic debate

Corporations take it on the chin in first Democratic debate

To the Democrats running for president of the United States, corporations charge too much for medicines and other critical goods, do not pay enough in taxes and repay bailouts by taking jobs overseas.



7 years ago
Weaning U.S. power sector off fossil fuels would cost $4.7 trillion: study

Weaning U.S. power sector off fossil fuels would cost $4.7 trillion: study

Eliminating fossil fuels from the U.S. power sector, a key goal of the "Green New Deal" backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thursday by energy research firm Wood Mackenzie.



7 years ago

Goldman downgrades department stores on concern about supply chains from trade battle

Nordstrom and Ross Stores slumped Thursday after Goldman Sachs downgraded both stocks and warned clients about trade-war impacts.

7 years ago
Singapore Airlines, Malaysia Airlines to explore wide-ranging  partnership

Singapore Airlines, Malaysia Airlines to explore wide-ranging partnership

Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday.



7 years ago
China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms

China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms

The United States should immediately remove sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before the two countries' leaders are due to meet for talks on trade.



7 years ago
Vivendi's shares fall as concerns mount of hitches to UMG stake sale

Vivendi's shares fall as concerns mount of hitches to UMG stake sale

Vivendi's shares fell on Thursday, which traders attributed to a media report of a possible hitches to its planned sale of a stake in its Universal Music Group division.



7 years ago

Small business owners strongly back Trump's handling of business matters, survey shows

The survey showed that 59% of respondents approve of the way the Trump administration has handled business-related issues.

7 years ago