Latest News on private equity markets

Global stocks dip on trade worries as record high stays elusive

World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.



10 months ago

Saudi Aramco IPO's retail tranche attracts $12.6 billion: lead manager

Saudi Aramco sold 1,481,613,280 shares worth 47.4 billion Saudi riyals ($12.64 billion) to retail investors, while institutional orders amounted to 118.86 billion riyals in the first 12 days of the book-building period, lead manager Samba Capital said.



10 months ago

Social equity must be central to urban tech innovations

FastCompany | Alex Ryan | Nov 26, 2019 The lesson to learn from so many tech efforts that have drawn protest: social equity must become central to every project that taps data-hungry tech to deliver citizen services. Sidewalk Labs, the urban innovation arm of Alphabet, had grand ambitions to create a prototype smart city in

10 months ago

Block Friday: French activists try to disrupt discount shopping day

Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.



10 months ago

Wall Street set to slip after U.S. law on Hong Kong rekindles trade fears

U.S. stocks were set to open lower for the first time this week on Friday, as trade tensions resurfaced after China rebuked President Donald Trump's decision to ratify a bill backing protesters in Hong Kong.



10 months ago

These tips can help retirees make required minimum distributions easy and tax penalty free

Dec. 31 is the final deadline for retirees and inheritors of retirement accounts to take their required minimum distributions. Here's how to do it without running afoul of the rules.

10 months ago

Saudi Aramco IPO gets $44.3 billion in bids so far: lead manager

Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed.



10 months ago

Daimler to ax at least 10,000 jobs in latest car industry cuts

Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales.



10 months ago

Global funds raise stock allocations at the expense of cash: Reuters poll

Global funds recommended switching cash back into equities in November as stocks worldwide rose to near record highs despite a lack of clarity over how, when, or if a truce will be called on the damaging U.S.-China trade war, a Reuters poll showed.



10 months ago

Daimler could face further recalls in Germany due to diesel cheating: magazine

German luxury carmaker Daimler could face further recalls related to manipulated diesel engines in some of its compact car models, weekly magazine Der Spiegel said on Friday, without citing sources.



10 months ago

Morgan Stanley reportedly fires traders over hiding currency trading losses

Morgan Stanley reportedly investigated at least four traders for concealing up to $140 million in losses.

10 months ago

Use financial psychology to crush those saving goals

How to inspire people to save more? A new study found that implementing five simple steps helped nearly double savings rates to 17% of income from 10%.

10 months ago

These apps will help you land the best deals on Black Friday

There are several apps that help you find the deepest discounts on Black Friday.

10 months ago

Wall Street slips after U.S. law on Hong Kong rekindles trade fears

U.S. stocks opened lower for the first time this week on Friday, as trade tensions resurfaced after China rebuked President Donald Trump's decision to sign into law a bill backing protesters in Hong Kong.



10 months ago

Black Friday sees fewer shoppers in stores as spending moves online

Fewer people lined up outside stores as Black Friday shopping kicked off, suggesting early discounts offered by retail chains and a surge in online buying may have taken the shine off America's biggest shopping day.



10 months ago