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Latest News on private equity markets

What secrets? Apple embroiled in row over book by German former executive

Apple has become embroiled in a publishing row in Germany after it tried to halt sales of a book written by a former executive, saying it disclosed secrets about the App Store.



5 years ago

Minimum wage increases aren't a job killer: Small business survey

Fears that minimum wage increases for workers would crush small businesses and lead to job losses are overblown, according to the Q1 2020 CNBC|SurveyMonkey Small Business Survey.

5 years ago

Exclusive: France's Engie eyes U.S. energy services firm Ameresco - sources

French power utility Engie SA has approached Ameresco Inc , a U.S. provider of energy efficiency solutions and developer of renewable energy plants, to express interest in acquiring it, according to people familiar with the matter.



5 years ago

Morgan Stanley's Gorman charts ambitious course with $13 billion E*Trade deal

Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.



5 years ago

Oil prices rise on U.S. gasoline stock draw, smaller-than-expected gain in crude inventories

Oil prices rose further on Thursday after a U.S. report showed a draw in gasoline inventories and a much smaller-than-anticipated rise in crude stocks.



5 years ago

U.S. labor market remains strong; manufacturing likely stabilizing

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.



5 years ago

Domino's shares hit new high on first U.S. same-store sales beat in a year

Domino's Pizza Inc's shares soared 25% to a record high after the pizza chain comfortably beat quarterly U.S. same-store sales and profit estimates on Thursday, benefiting from its focus on faster delivery and new promotions.



5 years ago

P&G expects coronavirus outbreak to hit current-quarter revenue, profit

Procter & Gamble Co said on Thursday its current-quarter revenue and profit would take a hit from supply chain disruptions and weak demand due to the coronavirus outbreak in China, the consumer goods company's second-biggest market.



5 years ago

Watchdog faults Swiss bank Julius Baer for money laundering lapses

Swiss bank Julius Baer has been reprimanded by the country's financial watchdog for ignoring money laundering risks in handling millions of francs of payments linked to corruption in Venezuela and world soccer body FIFA.



5 years ago

IMF begins visit as Lebanon grapples with financial crisis

A team from the International Monetary Fund (IMF) met Lebanese government officials on Thursday at the start of a visit to advise on how to tackle the country's crippling financial and economic crisis.



5 years ago

Lebanon's Aoun vows accountability over financial crisis-Twitter

Lebanese President Michel Aoun said on Thursday measures would be taken to hold to account all those who contributed to Lebanon's financial crisis through illegal actions be they transfers abroad, manipulation of Eurobonds or other acts.



5 years ago

Morgan Stanley, with E-Trade deal, makes 'land rush' for mom-and-pop investors

Morgan Stanley's $13 billion purchase of discount brokerage E-Trade is yet another example of a big Wall Street firm trying to appeal to smaller investors.

5 years ago

Wall Street drops more than 1% as coronavirus fears grow

U.S. stock indexes fell more than 1% on Thursday, with technology stocks among the hardest hit as investors weigh how bad the economic damage will be from the coronavirus outbreak as the number of cases rise outside of China.



5 years ago

Mounting coronavirus fears knockdown Wall Street

U.S. stock indexes fell on Thursday, dragged down by technology heavyweights, as investors fretted over the rising number of coronavirus cases in China and other countries as well as the potential economic damage from the epidemic.



5 years ago

Exclusive: Canadian regulator considers changes to new drug pricing plan

Canada's drug pricing agency is contemplating significant changes to how it will apply new regulations aimed at lowering costs, Reuters has learned, as drugmakers unhappy with the policy delay introducing new medicines in the country and blame it for job cuts.



5 years ago