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Latest News on private equity markets

Oil slides, stocks soar as Mideast conflict worries fade

Oil prices tumbled and equity markets soared on Wednesday after U.S. President Donald Trump said an Iranian missile strike on bases in Iraq had not harmed American troops and damage was minimal, showing Tehran wanted to de-escalate the Middle East standoff.



5 years ago

Wall Street rises but pares gains as Middle East concerns persist

U.S. stocks ended higher on Wednesday after comments by President Donald Trump eased fears of an all-out conflict in the Middle East, but the market sharply pared gains late in the session following reports of blasts in Baghdad.



5 years ago

Deere bets on cost cuts, services push to boost profits

Deere & Co. on Wednesday said it will cut costs and ramp up investment in data-driven agriculture technology and its services business to make itself more profitable.



5 years ago

Oil dives as U.S., Iran tensions ease and on U.S. crude build

Oil futures fell more than 4% on Wednesday in a wild swing, soaring close to a four-month high in early trade on an Iranian rocket attack on U.S. forces in Iraq before retreating as the countries quickly ratcheted back tensions.



5 years ago

Wall Street rises but ends well off day's highs amid renewed Middle East jitters

U.S. stocks ended higher on Wednesday, but the day's uneven path showed investors' sensitivity to any signs of turmoil in the Middle East, with stocks rising on comments by President Donald Trump and paring gains on reports of blasts in Baghdad.



5 years ago

Uber stops upfront ride pricing in response to California worker law

Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response to a new law that makes it harder to qualify its drivers as contractors.



5 years ago

Tesla's market value zooms past that of GM and Ford - combined

For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .



5 years ago

Walmart opened 134 stores in Mexico in 2019, biggest expansion in six years

Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly 5%, the retailer said Wednesday.



5 years ago

Japan justice minister calls Ghosn's accusations 'absolutely intolerable'

Carlos Ghosn's accusations against Japan's legal system are "absolutely intolerable", Justice Minister Masako Mori said on Thursday, firing back at the auto executive-turned-fugitive shortly after his highly anticipated media appearance in Beirut.



5 years ago

Asian stocks rally as Mideast tensions ease, oil retreats

Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safety plays.



5 years ago

Asian shares erase losses as Mideast tensions ease, oil ticks up

Asian stocks rebounded on Thursday and oil edged up as the United States and Iran backed away from the brink of further conflict in the Middle East and investors unwound safety plays.



5 years ago

Japan minister launches counterattack after Ghosn blasts justice system

Japan's justice minister launched a rare and forceful public takedown of auto executive-turned-fugitive Carlos Ghosn after he blasted the country's legal system as allowing him "zero chance" of a fair trial as he sought to justify his escape to Beirut.



5 years ago

Samsung sets up anti-corruption panel as chief faces trials

South Korea's Samsung Group, whose leader faces trials over a bribery scandal involving former president Park Geun-hye, has appointed external experts to a new oversight panel to stamp out criminal conduct, the chief of the committee said on Thursday.



5 years ago

Oil rises after Baghdad rocket attack jangles nerves

Oil prices climbed on Thursday after a rocket attack on Baghdad triggered fresh concern over the potential for conflict in the Middle East, a day after markets were roiled by an Iranian missile strike on Iraqi bases hosting U.S. forces.



5 years ago

Luckin Coffee seeks more of China market with new vending machine business

Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores.



5 years ago