Latest News on private equity markets

Forever 21 snapped up by mall owners, Authentic Brands

Forever 21 snapped up by mall owners, Authentic Brands

Forever 21 has a new lease on life after Simon Property Group Inc , Brookfield Property Partners LP and Authentic Brands Group agreed to acquire the bankrupt teen fashion retailer.



6 years ago
Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show

Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show

Federal Reserve policymakers were cautiously optimistic about their ability to hold interest rates steady this year, minutes of the central bank's last policy meeting showed, even as they acknowledged new risks caused by the coronavirus outbreak.



6 years ago
French judges step up Ghosn probe over palace party, Oman dealings

French judges step up Ghosn probe over palace party, Oman dealings

French prosecutors have stepped up their investigation into alleged misappropriation of funds at Renault by former boss Carlos Ghosn, saying a judge had now been assigned to the case to launch a formal investigation.



6 years ago
Oil up 2.5% on slowing pace of coronavirus, U.S. move on Venezuela

Oil up 2.5% on slowing pace of coronavirus, U.S. move on Venezuela

Oil prices rose 2.5% on Wednesday as demand worries eased with a slowing of new coronavirus cases in China and supply curtailed by a U.S. move to cut more Venezuelan crude from the market.



6 years ago
Should Facebook, Google be liable for user posts? asks U.S. Attorney General Barr

Should Facebook, Google be liable for user posts? asks U.S. Attorney General Barr

U.S. Attorney General William Barr on Wednesday questioned whether Facebook, Google and other major online platforms still need the immunity from legal liability that has prevented them from being sued over material their users post.



6 years ago
This revamp will be different, says HSBC boss; staff not so sure

This revamp will be different, says HSBC boss; staff not so sure

Noel Quinn, the interim chief executive of HSBC , says this time things are going to be different.



6 years ago
S&P 500, Nasdaq reach new heights on China stimulus hopes

S&P 500, Nasdaq reach new heights on China stimulus hopes

The S&P 500 and the Nasdaq hit all-time highs on Wednesday as hopes that China would take more measures to prop up its economy eased worries about the impact of the coronavirus epidemic.



6 years ago
Business jet deliveries hit decade high in 2019, helped by new models

Business jet deliveries hit decade high in 2019, helped by new models

Business jet deliveries across the globe hit a decade high in 2019, the General Aviation Manufacturers Association (GAMA) said on Wednesday, helped by strong market demand for new models.



6 years ago
Exclusive: 'Made in Russia' passenger jet finds a single buyer, Aeroflot

Exclusive: 'Made in Russia' passenger jet finds a single buyer, Aeroflot

Russia's main home-grown passenger jet, the Sukhoi Superjet 100, conceived as a rival to Airbus, Bombardier and Embraer, has no confirmed orders this year beyond a long-standing deal with state carrier Aeroflot , two sources told Reuters.



6 years ago
These high-income taxpayers are getting a visit from the IRS

These high-income taxpayers are getting a visit from the IRS

Knock, knock. It's the IRS. The taxman is planning on in-person visits to individual taxpayers who haven't filed their income tax returns for prior years. So far, the agency expects to make 800 house calls, with more to come.

6 years ago
How blockchain regulations will change in 2020

How blockchain regulations will change in 2020

TechTalks | Andrey Sergeenkov | Feb 12, 2020 As 2018 drew to a close, crypto skeptics were ready to write obituaries after the devastating bear market that year. Talk of blockchain and cryptocurrency demise was rife among seasoned analysts. Just over twelve months later, the industry has shown remarkable resilience to rebound back. Regulators are

6 years ago
Boeing heads to court to oppose release of 737 MAX documents

Boeing heads to court to oppose release of 737 MAX documents

Boeing Co heads to court on Wednesday to dispute a request from lawyers representing victims of a 737 MAX crash for documents related to the aircraft's design, development and two fatal disasters involving the now-grounded plane.



6 years ago
Stocks scale fresh peaks on slowing virus, dollar gains

Stocks scale fresh peaks on slowing virus, dollar gains

The dollar gained while U.S. and European equity indexes scaled fresh peaks on Wednesday after China reported another decline in new coronavirus cases and on expectations of Chinese stimulus to counter a slowdown in growth.



6 years ago
Manufacturers entangled in logistical nightmare as virus-hit China limps back to work

Manufacturers entangled in logistical nightmare as virus-hit China limps back to work

Blocked highways. Stranded workers. Dwindling supplies. Shipping and air freight companies also hamstrung.



6 years ago
Airbus defense division plans to cut more than 2,300 jobs

Airbus defense division plans to cut more than 2,300 jobs

The defense business of Airbus on Wednesday laid out plans to cut more than 2,300 jobs, citing a flat space market and postponed defense contracts.



6 years ago