Latest News on private equity markets

Brent crude steadies just under $60/bbl, China oil demand in focus

Brent crude steadies just under $60/bbl, China oil demand in focus

Oil futures steadied somewhat on Tuesday after a five-day losing streak as OPEC sources said the group and its allies might tighten the market amid fears that the coronavirus, which has claimed over 100 lives in China, could weigh on oil demand.



6 years ago
Adidas to launch new fabrics from recycled ocean plastic, polyester

Adidas to launch new fabrics from recycled ocean plastic, polyester

Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative, the sportswear firm said on Tuesday.



6 years ago
3M ramps up production of masks to meet coronavirus demand

3M ramps up production of masks to meet coronavirus demand

3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to coronavirus.

6 years ago
In post-repo squeeze twist, Fed may nudge up interest paid to banks

In post-repo squeeze twist, Fed may nudge up interest paid to banks

One potential side effect of the U.S. Federal Reserve's efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing rates: The central bank may soon have to take measures to keep interest rates from getting too low.



6 years ago
Intelligence sharing will not be put at risk by Huawei decision-UK's Raab

Intelligence sharing will not be put at risk by Huawei decision-UK's Raab

Britain's Foreign Secretary Dominic Raab said intelligence sharing would not be jeopardized by Tuesday's decision to allow China's Huawei [HWT.UL] a role in building the country's 5G telecoms network.



6 years ago
Defying Trump, Britain's Johnson gives Huawei restricted 5G remit

Defying Trump, Britain's Johnson gives Huawei restricted 5G remit

Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company from next generation communications over fears Beijing could use them to spy.



6 years ago
Wall Street recovers from Monday rout on tech, financial support

Wall Street recovers from Monday rout on tech, financial support

U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on global growth.



6 years ago
The stock market suddenly seems nervous. What this means for you, depending on your age

The stock market suddenly seems nervous. What this means for you, depending on your age

Here's what a big drop in the stock market means for you, depending on your age.

6 years ago
U.S. core capital goods orders record largest drop in eight months

U.S. core capital goods orders record largest drop in eight months

New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth.



6 years ago
Xerox's quarterly profit beats estimates, says firm on HP buyout

Xerox's quarterly profit beats estimates, says firm on HP buyout

Xerox Holdings Corp on Tuesday posted a better-than-expected quarterly profit as it kept a tight lid on costs and said it plans to follow through with its $33 billion bid to buy rival HP Inc .



6 years ago
Wall Street opens higher after Monday's selloff

Wall Street opens higher after Monday's selloff

U.S. stock indexes opened higher on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on concerns that a coronavirus outbreak in China could hit global economic growth.



6 years ago
Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin beats estimates, raises sales forecast on higher F-35 deliveries

Lockheed Martin Corp reported a better-than-expected quarterly profit on Tuesday and forecast 2020 revenue above analysts' estimates, as the Pentagon's No.1 weapons supplier benefited from heightened geopolitical tensions in the Middle East.



6 years ago
Thousands of dollars could be draining out of your account when you make these common investing mistakes

Thousands of dollars could be draining out of your account when you make these common investing mistakes

From fees and when to invest to the best way to invest in a target-date fund, people make a lot of mistakes when it comes to investing. Expensive mistakes.

6 years ago
Wall Street set to recover after turbulent Monday

Wall Street set to recover after turbulent Monday

U.S. stock indexes were on track to recover on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on fears that a coronavirus outbreak could hit global economic growth.



6 years ago
UTC says Collins 2020 profit to be hurt mainly due to MAX grounding

UTC says Collins 2020 profit to be hurt mainly due to MAX grounding

United Technologies Corp Chief Financial Officer Neil Mitchill said he expects 2020 operating profit at the U.S. aircraft parts maker's Collins Aerospace unit, its biggest, to be hurt largely due to the grounding of Boeing Co's 737 MAX aircraft.



6 years ago