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Latest News on private equity markets

Exclusive: Newly obtained documents show Huawei role in shipping prohibited U.S. gear to Iran

China’s Huawei Technologies, which for years has denied violating American trade sanctions on Iran, produced internal company records in 2010 that show it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator.



5 years ago

How to build a cash cushion if the coronavirus disrupts your job

Many Americans fear the coronavirus outbreak could prevent them from working and getting paid. Here's how to kickstart an emergency fund.

5 years ago

Oil up over 2% as hopes of OPEC cut, stimulus counter virus gloom

Oil prices rose over 2% on Monday, reversing an early fall to multi-year lows as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.



5 years ago

Blackstone reshuffles London energy team amid Siccar Point sale attempt

Blackstone Group Inc has reshuffled its London-based private equity team in charge of energy while trying to sell all or part of its flagship investment, North Sea oil and gas producer Siccar Point.



5 years ago

White House set to meet with senior airline, cruise industry officials

The White House will hold meetings this week with top executives from U.S. airlines and the cruise industry amid the growing coronavirus outbreak, a spokeswoman for Vice President Mike Pence confirmed Monday.



5 years ago

Traders bet on big Fed rate cuts as virus spreads

The U.S. central bank will deliver a big dose of stimulus starting this month in a bid to protect the world's biggest economy from the impact of the spread of the new coronavirus, based on the price of futures contracts tied to the Federal Reserve's policy rate.



5 years ago

Apple to pay up to $500 million to settle U.S. lawsuit over slow iPhones

Apple Inc has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries.



5 years ago

Goldman Sachs halts non-essential foreign business travel: memo

Goldman Sachs Group Inc has told its staff that all non-essential international business travel should be postponed, according to a memo seen by Reuters.



5 years ago

Banks in Europe step up coronavirus contingency trading plans

Banks and exchanges in Europe are readying out-of-town offices, splitting shifts and isolating some teams to ensure they can keep trading if coronavirus spreads in more major financial centers.



5 years ago

History of sudden market shocks shows the market is due for a big comeback

Barring an October 2008 plunge of 14.6%, quick market sell-offs tend to lead to positive returns just two weeks after the fall.

5 years ago

Carnivirus

ProfGalloway | Scott Galloway | Feb 28, 2020 The worst thing about a cataclysmic weather event, or a single-stranded-RNA virus that wipes out the species is … it might impact the economy. Take my eyes, but don’t let the NASDAQ breach 8,000! That’s how it feels, no? In a capitalist society, good or bad, the first

5 years ago

Time to fly the nest: How young adults can find financial success

More and more young adults are living with their parents. Here's how they can strike out on their own.

5 years ago

Deere names CEO John May chairman

Farm equipment maker Deere & Co on Monday named Chief Executive Officer John May chairman, effective May 1.



5 years ago

Nike temporarily closes European HQ in the Netherlands due to coronavirus case

U.S. sportswear giant Nike said on Monday its European headquarters in the Netherlands would be closed until Wednesday after an employee was infected with the new coronavirus.



5 years ago

UK finance could be eclipsed by cars in U.S. trade deal

Britain's financial services industry could fare less well than energy, autos and other sectors under a free trade deal with the United States, the government said on Monday.



5 years ago