Latest News on private equities market

5 tips for advisors to consider before the stretch IRA dies out

The Secure Act might be the nail in the coffin for a strategy that allowed owners of large IRAs to pass them onto heirs. Here's what advisors can do to help clients prepare.

7 years ago
China says will respond if U.S. escalates trade tension

China says will respond if U.S. escalates trade tension

China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit.



7 years ago
Roche names new head of $13 billion diagnostics unit

Roche names new head of $13 billion diagnostics unit

Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB.



7 years ago
Exclusive: Zambian government has no plans to seize First Quantum - sources

Exclusive: Zambian government has no plans to seize First Quantum - sources

Zambia has no plans to seize the assets of Quantum Minerals Ltd and the copper producer intends to stay in the country despite the government's move to wrest control of a rival miner, government and industry sources told Reuters.



7 years ago
Proxy advisers urge shareholders to vote against Nissan CEO reappointment: Nikkei

Proxy advisers urge shareholders to vote against Nissan CEO reappointment: Nikkei

Two leading proxy advisory firms have urged shareholders of Japanese automaker Nissan Motor to vote against the reappointment of Chief Executive Officer and President Hiroto Saikawa, the Nikkei newspaper reported on Wednesday.



7 years ago
European shares gain on Trump tariff relief, carmakers shine

European shares gain on Trump tariff relief, carmakers shine

European shares gained ground on Tuesday, with Germany's carmakers outperforming, as risk appetite held firm after the United States stepped back from imposing tariffs on Mexico.



7 years ago
Tesla has a 'decent shot' at a record quarter on every level: Musk

Tesla has a 'decent shot' at a record quarter on every level: Musk

Tesla Inc has got "a decent shot at a record quarter on every level", Chief Executive Officer Elon Musk said at the company's annual shareholder meeting on Tuesday.



7 years ago
New Zealand selects Lockheed C-130J as preferred military transport replacement

New Zealand selects Lockheed C-130J as preferred military transport replacement

New Zealand on Tuesday said it had selected Lockheed Martin Corp's C-130J Super Hercules as the preferred replacement for five aging C-130 Hercules military transport aircraft, a choice in line with its closest allies.



7 years ago
Italy in final rush for Alitalia rescue: Industry minister

Italy in final rush for Alitalia rescue: Industry minister

Italy's Industry Minister Luigi Di Maio said on Tuesday the government was in a final rush to orchestrate a rescue of trouble carrier Alitalia.



7 years ago
7 years ago
China says will respond if U.S. insists on escalating trade tension

China says will respond if U.S. insists on escalating trade tension

China's foreign ministry said on Tuesday that the government would respond with firm resolve if the United States insists on escalating trade tensions.



7 years ago
Italy to scrap incentives for Whirlpool plant in Naples

Italy to scrap incentives for Whirlpool plant in Naples

The Italian government will scrap incentives for U.S.-listed appliance maker Whirlpool Corp on Tuesday because of the company's decision to close its factory in Naples, Deputy Prime Minister Luigi Di Maio said in a radio interview.



7 years ago
Britain's Saga links up with Goldman to tap over-50s savings

Britain's Saga links up with Goldman to tap over-50s savings

Saga, the British tourism and insurance firm for the over-50s, said on Tuesday it ways teaming up with Goldman Sachs on savings products, as part of a drive to revive its bottom line after a profit warning in April.



7 years ago
South Korean firm Yanolja that reinvented love hotels gets Booking, GIC funding

South Korean firm Yanolja that reinvented love hotels gets Booking, GIC funding

Yanolja's gentrification of South Korean love hotels has brought the company a valuation of more than $1 billion from investors keen to capitalize on the globalization of a novel approach to short-stay accommodation, its chief executive told Reuters.



7 years ago
Equities rally dissipates as trade optimism fades, yield curve flattens

Equities rally dissipates as trade optimism fades, yield curve flattens

Wall Street's indexes ended Tuesday's session virtually unchanged after investors turned their focus to U.S.-China trade tensions as euphoria from Friday's U.S.-Mexico deal faded.



7 years ago