Latest News on private equities market

Exclusive: U.S. to allow companies to work with Huawei on 5G standards - sources

The United States will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together in standards setting for next-generation 5G networks, according to people familiar with the matter.



4 years ago

Oil prices rise on optimism around OPEC+ output pact

Oil prices rose on Monday as signs fuel demand was recovering while OPEC+ members were complying with a production cut deal outweighed fears that new coronavirus infections could further slow the global economy.



4 years ago

The stock market can't sit still. Why you should

If the pandemic has taught investors anything it's that they can't predict what's going to happen next to their portfolio. Their best bet is to hope that what's been true over the last century hasn't changed: over the long-term, stocks go up in value.

4 years ago

Italy says closely watching LSE/Refinitiv deal due to implications for Milan bourse

Italian Economy Minister Roberto Gualtieri said on Monday the government is closely watching the merger between the London Stock Exchange (LSE) and Refinitiv, and its implications for the Italian bourse owned by LSE.



4 years ago

HSBC gets veiled rebuke from UK government over Hong Kong

Britain's Foreign Secretary Dominic Raab voiced a thinly veiled criticism of HSBC on Monday after the bank backed China's national security law for Hong Kong, contradicting the British government's opposition to it.



4 years ago

U.S. economy will start to rebound in second half of 2020, Fed's Kaplan says

The U.S. economy will experience a "significant, historic" contraction in the second quarter before it starts to rebound, and unemployment will remain elevated at the end of 2020, Dallas Federal Reserve President Robert Kaplan said on Monday.



4 years ago

U.S. Supreme Court clears way for pipeline to cross Appalachian Trail

Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas pipeline to cross under the popular Appalachian Trail in rural Virginia.



4 years ago

Amazon says CEO Bezos willing to testify before U.S. Congress

Amazon.com Inc said on Monday its founder and Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust law by big technology companies.



4 years ago

Wall Street jumps on Fed's corporate bond purchase announcement

Wall Street jumped on Monday following an announcement by the U.S. Federal Reserve regarding its corporate bond purchasing program that boosted investor confidence, which had been wavering amid a spike in new COVID-19 cases.



4 years ago

Six former eBay employees charged with cyberstalking Massachusetts couple

Six former eBay Inc employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce company, federal prosecutors in Boston said on Monday.



4 years ago

Tesla negotiating incentives for possible Texas vehicle assembly plant: report

Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on Monday.



4 years ago

Here's the advice that set up multi-generational wealth for this Black family

Ivory Johnson, a certified financial planner, was asked how the issues of social justice interact with issues of economic justice. He discusses tax policies that favor wealthy people, skilled versus unskilled workers and the value of passing on skills.

4 years ago

Lufthansa seeking cuts equivalent to 22,000 positions

Lufthansa said on Monday it was seeking to strike agreements with worker representatives by June 22 on how to make cuts equivalent to 22,000 full-time positions.



4 years ago

Oil prices rise 2% on optimism around OPEC+ output pact

Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while OPEC+ members were complying with a production cut deal, outweighed fears that new coronavirus infections could further slow the global economy.



4 years ago

Stocks rebound on Fed debt program, oil recovers

A gauge of global equities rebounded on Monday after the Federal Reserve widened its program of buying corporate debt, while crude oil rebounded too on signs fuel demand is recovering and as investors grapple with how to assess the economic reopening.



4 years ago