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Latest News on private equity markets

Daimler to cut thousands of jobs worldwide by end of 2022

Daimler on Friday announced plans to cut thousands of jobs across the globe by the end of 2022.



4 years ago

French activists protest against Amazon in Black Friday backlash

Activists staged protests against online retailer Amazon around France on Friday, denouncing the rampant consumerism typified by the annual Black Friday shopping frenzy.



4 years ago

Main Street could see smaller crowds this Small Business Saturday, survey shows

A new CNBC/SurveyMonkey survey released Friday shows waning enthusiasm for Small Business Saturday this year. It shows that 39% of respondents plan to patronize a small business on Saturday, down 44% from last year.

4 years ago

U.S. shoppers stay away from stores, spend online as Black Friday begins

U.S. consumers splurged more than $2 billion online in the first hours of Thanksgiving shopping on Thursday, while crowds were largely thin at retailers on the eve of Black Friday, reflecting the broader trend away from shopping at brick-and-mortar stores.



4 years ago

Oil to be stuck in a rut in 2020 as slowing demand fuels glut: Reuters poll

Oil prices will remain subdued in 2020 as growth concerns weigh on demand and fuel a glut of crude, a Reuters poll showed on Friday ahead of production-policy talks among OPEC and its allies next week.



4 years ago

Brent oil prices weaken ahead of OPEC+ meeting

Oil prices dipped on Friday in muted activity because of the U.S. Thanksgiving holiday while OPEC watchers expect an extension to a pact to throttle oil output but no deeper cuts to be agreed by the producer group and its allies next week.



4 years ago

The '90s revival is dead for retail, leaving some stock winners and losers in the trend's wake

The retro rival is past its peak, according to Wall Street firm Jefferies, and there will be clear winners and losers as the decade returns to a thing of the past.

4 years ago

Stock futures slip as trade tensions return after U.S. legislation on Hong Kong

U.S. stock index futures fell on Friday as trade tensions resurfaced after China rebuked President Donald Trump's decision to ratify a bill backing protesters in Hong Kong.



4 years ago

Global stocks dip on trade worries as record high stays elusive

World shares slipped on Friday as a leading index strained for a record high, with investor nerves from Asia to Europe gnawing away over how or when the United States and China can agree a truce in their damaging trade war.



4 years ago

Saudi Aramco IPO's retail tranche attracts $12.6 billion: lead manager

Saudi Aramco sold 1,481,613,280 shares worth 47.4 billion Saudi riyals ($12.64 billion) to retail investors, while institutional orders amounted to 118.86 billion riyals in the first 12 days of the book-building period, lead manager Samba Capital said.



4 years ago

Social equity must be central to urban tech innovations

FastCompany | Alex Ryan | Nov 26, 2019 The lesson to learn from so many tech efforts that have drawn protest: social equity must become central to every project that taps data-hungry tech to deliver citizen services. Sidewalk Labs, the urban innovation arm of Alphabet, had grand ambitions to create a prototype smart city in

4 years ago

Block Friday: French activists try to disrupt discount shopping day

Activists staged protests against online retailer Amazon around France on Friday and tried to blockade a shopping mall in Paris, denouncing as rampant consumerism the U.S. Black Friday shopping frenzy that has spread to European shores.



4 years ago

Wall Street set to slip after U.S. law on Hong Kong rekindles trade fears

U.S. stocks were set to open lower for the first time this week on Friday, as trade tensions resurfaced after China rebuked President Donald Trump's decision to ratify a bill backing protesters in Hong Kong.



4 years ago

These tips can help retirees make required minimum distributions easy and tax penalty free

Dec. 31 is the final deadline for retirees and inheritors of retirement accounts to take their required minimum distributions. Here's how to do it without running afoul of the rules.

4 years ago

Saudi Aramco IPO gets $44.3 billion in bids so far: lead manager

Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed.



4 years ago