Latest News on private equities market

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
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
Huawei shrugs off Verizon patent talks as 'common' business

Huawei shrugs off Verizon patent talks as 'common' business

Huawei said its patent talks with U.S. carrier Verizon is "common" business activity and such negotiations should not be politicized, days after a senator filed legislation to prevent the Chinese firm from seeking damages in American courts.



7 years ago
Bayer seeks glyphosate litigation advice as Elliott reveals stake

Bayer seeks glyphosate litigation advice as Elliott reveals stake

Chemicals giant Bayer, under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a committee to help resolve a multi-billion dollar glyphosate litigation issue.



7 years ago
Huawei Technologies loses trade secrets theft case against U.S. chip designer

Huawei Technologies loses trade secrets theft case against U.S. chip designer

A U.S. jury on Wednesday cleared California semiconductor designer CNEX Labs Inc of stealing trade secrets from Chinese electronics giant Huawei Technologies.



7 years ago

House passes bill that would block enforcement of new SEC investor protection rule

One of the amendments attached to an appropriations bill would prohibit the Securities and Exchange Commission from implementing and enforcing its "Regulation Best Interest."

7 years ago
Bayer seeks outside advice on litigation as Elliott reveals stake

Bayer seeks outside advice on litigation as Elliott reveals stake

Chemicals giant Bayer, under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set up a new committee to resolve a multi-billion dollar glyphosate litigation issue.



7 years ago
Wall Street gains on tech rally, trade hopes rekindled

Wall Street gains on tech rally, trade hopes rekindled

Technology shares led the S&P 500 and the Nasdaq higher on Wednesday after remarks by Treasury Secretary Steven Mnuchin rekindled hopes for a de-escalation of U.S.-China trade tensions and brought buyers back from the sidelines.



7 years ago
General Electric's machinists oppose tentative labor deal

General Electric's machinists oppose tentative labor deal

The machinists union said on Wednesday it opposes a tentative labor contract reached this week with General Electric Co, potentially impeding the Boston-based conglomerate's efforts to avoid labor unrest during a difficult period.



7 years ago
Japan financial watchdog mulls fine for Nissan over Ghosn pay issue

Japan financial watchdog mulls fine for Nissan over Ghosn pay issue

Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn's compensation, a source said.



7 years ago
Bitcoin soars past $13,000 as Facebook's Libra fuels demand

Bitcoin soars past $13,000 as Facebook's Libra fuels demand

Bitcoin jumped to an 18-month high on Wednesday, as investors looked for safety in alternative investments amid geopolitical tension, and cheered prospects that Facebook Inc's Libra token could push cryptocurrencies into the mainstream.



7 years ago

Paychex shares fall after Bank of America downgrades, blaming 'excessive valuation'

Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its "excessive valuation" and "underwhelming fundamentals."

7 years ago