Latest News on private equity markets

ETF assets to surge tenfold in 10 years to $50 trillion, Bank of America predicts

"The current growth rate points to ETF assets approaching $50tn over the next decade," the analyst said.

4 days ago

Wall Street touches record high on trade optimism

U.S. stocks hit record highs on Thursday after President Donald Trump tweeted that Washington was "very close" to a trade deal with Beijing and on a report that U.S. trade negotiators had offered to cancel a new round of tariffs on Chinese goods.



4 days ago

U.S. FAA says Boeing is pursuing 'unrealistic' schedule for 737 MAX return

Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co's chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is "not realistic," according to an email seen by Reuters.



4 days ago

Oil rises 1% on Trump's optimism for a deal with China

Oil prices rose more than 1% on Thursday after U.S. President Donald Trump said Washington was "very close" to nailing down a trade deal with China.



4 days ago

U.S. offers China tariff rate cut; announcement 'imminent'

The United States has offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs expected to go into effect Sunday in an attempt to secure a "Phase One" trade deal.



4 days ago

Wall Street hits records on hopes tariffs will be dropped

U.S. stock indexes jumped to new highs on Thursday, and Treasury yields rose, on a tweet from President Donald Trump that a trade deal with China was "very close" and a report that U.S. trade negotiators had offered to cancel a fresh round of tariffs on Chinese goods.



4 days ago

Saudis hail 'fortune-telling' prince for Aramco price prediction

Saudis took to Twitter to celebrate Aramco's valuation hitting $2 trillion on Thursday, with one posting praising de-facto leader Crown Prince Mohammed bin Salman as a fortune teller.



4 days ago

Thyssenkrupp in talks with Tesla about German factory: Handelsblatt

Thyssenkrupp is hoping to win contracts for a planned factory Tesla plans to build near Berlin, a board member of the German conglomerate told a business daily.



4 days ago

Sweden opens Ericsson bribery probe after U.S. settlement: paper

Sweden's prosecution authority has opened an investigation into possible bribery by employees at mobile telecoms group Ericsson that came to light during a U.S. probe into corruption, daily Dagens Industri wrote on Thursday.



4 days ago

Facebook delays naming oversight board members until 2020

Facebook will not announce the first members of its independent oversight board this year as it originally expected, the company said on Thursday.



4 days ago

Global stock index hits record high as U.S.-China trade deal optimism climbs

MSCI's global stock index hit a record high on Thursday after President Donald Trump said the United States was "very close" to reaching a trade deal with China.



4 days ago

IMF would welcome U.S.-China tariff cuts, but wants 'trade peace': spokesman

The International Monetary Fund would welcome any deal to reduce U.S.-China trade tensions and tariffs, but is urging the world's two largest economies to permanently resolve their 17-month trade war, IMF spokesman Gerry Rice said on Thursday.



4 days ago

U.S. producer prices tepid; jobless claims at more than two-year high

U.S. producer prices were unexpectedly unchanged in November as increases in food and gasoline prices were offset by declining costs for services, pointing to muted inflation despite a recent uptick in consumer prices.



4 days ago

Medicare would cover dental, vision — if Senate OKs House bill

The House of Representatives on Thursday passed a measure that would change basic Medicare coverage to include dental, vision and hearing, as well as limit how much beneficiaries spend on prescription drugs, among other provisions.

4 days ago

U.S. offers China tariff rate cut; announcement possibly 'imminent'

The United States has offered to cut existing tariffs on Chinese goods by as much as 50% and suspend new tariffs scheduled to go into effect on Sunday in an attempt to secure a "Phase One" trade deal.



4 days ago