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Latest News on private equity markets

Wall Street bides its time, awaiting news from trade front

Wall Street was largely uncharged on Thursday as market participants largely stayed on the sidelines, awaiting further developments in the hoped-for interim trade deal between the United States and China.



4 years ago

UK bribery investigation adds to Glencore's legal headaches

The UK's Serious Fraud Office (SFO) has launched a bribery investigation into Glencore , adding to legal troubles that have hit the shares of one of the world's biggest miners and commodity traders.



4 years ago

Facebook sues ILikeAd, alleges ad fraud

Facebook Inc on Thursday sued a Hong Kong company that it said baited people into clicking on celebrities' photos and bogus advertising links, so it could install malware and run ads for counterfeit goods, diet pills and male enhancement supplements.



4 years ago

Saudi Aramco prices shares at top of range in world's biggest IPO

DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman.



4 years ago

Saudi Aramco says IPO priced at top to make it world's biggest IPO

State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation, above Alibaba's $25 billion listing in 2014.



4 years ago

Saudi Aramco shares priced at top of range in world's biggest IPO

State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its indicative range, the company said on Thursday, making it the world's biggest flotation by raising more than Alibaba's $25 billion listing in 2014.



4 years ago

Airbus faces delivery challenge, poised to win jet order race

Airbus must hand a record number of aircraft to customers in December to meet delivery goals, company data showed on Thursday, and is all but certain of winning an annual order race against Boeing.



4 years ago

BlackRock global active equities chief to leave firm over relationship with colleague

Mark Wiseman, global head of active equities at BlackRock Inc , is leaving the firm following a violation of the company's "relationships at work policy," the world's largest asset manager said in an internal memo on Thursday.



4 years ago

Trump upbeat on U.S.-China talks as Beijing underscores tariff-cut demands

U.S.-China trade talks are "moving right along," President Donald Trump said on Thursday, striking an upbeat tone even as Chinese officials held fast to their line that existing tariffs must come off as part of an interim deal to de-escalate the 17-month trade war between the two powers.



4 years ago

Medical expenses come with tax benefits. Here's how to maximize yours this year

There may be some moves you can make before 2019 ends to take advantage of available tax breaks for medical care.

4 years ago

Boeing says 737 MAX approval delays could hit production

Significant additional regulatory requirements or delays in returning Boeing Co's 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday.



4 years ago

Treasury Secretary Mnuchin says China should be 'graduated' from supportive World Bank loan program

Treasury Secretary Steven Mnuchin on Thursday agreed that the World Bank should expel China from a supportive loan program.

4 years ago

Wall Street inches higher as Dec. 15 tariff deadline looms

Wall Street eked out slight gains on Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China before a new round of tariffs scheduled to kick in on Dec. 15.



4 years ago

Digital bank Chime quadruples valuation in less than a year to $5.8 billion as it takes on megabanks

Chime's move shows that for select start-ups, massive amounts of cash are still readily available.

4 years ago

Global stocks falter on trade uncertainty; sterling gains

The dollar slid and global equity markets traded little changed on Thursday as enthusiasm over Apple shares was offset by doubts about the likelihood of a "phase one" trade deal before a new round of U.S. tariffs on Chinese imports begins in 10 days.



4 years ago