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Latest News on private equity markets

Declining imports push U.S. trade deficit to three-year low

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.



5 years ago

Waymo self-driving vehicles cover 20 million miles on public roads

Waymo, the self-driving unit of Alphabet Inc , said its vehicles had covered more than 20 million miles (32.2 million km) on public roads since its creation in 2009.



5 years ago

Japan seeks arrest of Ghosn's wife amid efforts to snare him

Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn's wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry boss back to face trial on financial misconduct charges.



5 years ago

Cramer: I believe in Tesla stock because of how quickly Elon Musk found success in China

"Ten months he built that plant," said CNBC's Jim Cramer, emphasizing the speed with which Tesla built its Gigafactory 3 factory in Shanghai.

5 years ago

Alitalia bleeds around 300 million euros a year: administrator

Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary administrator Giuseppe Leogrande told members of a parliamentary committee.



5 years ago

Oil falls 1% as investors reassess Mideast risks

Oil prices fell about 1% on Tuesday, surrendering some of the gains of recent days as investors reconsidered the likelihood of immediate supply disruptions in the Middle East after the United States killed a top Iranian military commander last week.



5 years ago

Head of VW's Seat car brand to step down: source

Luca de Meo, the head of Volkwagen's Spanish brand Seat, is stepping down from his current role, a source close to the matter told Reuters on Tuesday.



5 years ago

Goldman Sachs answers investor demands on consumer bank

Goldman Sachs Group Inc unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to long-standing requests for more transparency from analysts and investors. The changes are part of Chief Executive Officer David Solomon's effort to get Goldman in line with rivals like JPMorgan Chase & Co that have bigger consumer businesses and share mor



5 years ago

Energy, healthcare stocks drag Wall Street lower

Wall Street's main indexes fell on Tuesday, dragged down by oil and healthcare stocks as investors nervously awaited further developments on the U.S.-Iran conflict.



5 years ago

VW's Seat brand chief steps down as Renault continues CEO hunt

Volkswagen on Tuesday said that Luca de Meo has stepped down from his current role as head of its Spanish Seat brand just as rival Renault intensifies efforts to find a new chief executive.



5 years ago

Dollar gains, oil slips as markets focus on Mideast

The dollar gained, helped by better-than-expected data in the U.S. non-manufacturing sector, and oil prices retreated on Tuesday as investors awaited developments in the U.S.-Iranian stand-off in the Middle East.



5 years ago

Energy, healthcare shares keep a lid on Wall Street, Iran concerns linger

The S&P 500 and the Dow Jones Industrial Average slipped on Tuesday, led by losses in oil and healthcare stocks, with investors nervously awaiting the latest in the U.S.-Iran standoff.



5 years ago

Team activated to support global airline safety as Middle East tensions rise

An international aviation team has been activated to support "effective coordination and communication" between airlines and countries as tensions mount in the Middle East after a U.S. drone strike killed an Iranian military commander, global airlines body IATA said on Tuesday.



5 years ago

U.S. Senate Finance panel advances new North American trade deal

The U.S. Senate Finance Committee voted on Tuesday to approve the U.S.-Mexico-Canada Agreement, moving the revamped North American trade deal a step closer to a final Senate vote in the coming days or weeks.



5 years ago

Volkswagen says Luca de Meo steps down as CEO of Seat

German carmaker Volkswagen said on Tuesday Luca de Meo has stepped down as chief executive of its Spanish Seat brand.



5 years ago