Latest News on private equity markets

China to pump up U.S. car, aircraft, energy purchases in trade deal: source

China to pump up U.S. car, aircraft, energy purchases in trade deal: source

China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus just over $50 billion more in energy supplies, under a trade deal with China to be signed on Wednesday, a source briefed on the agreement said on Monday.



6 years ago
Amazon to seek order to block Microsoft from working on DoD's JEDI contract

Amazon to seek order to block Microsoft from working on DoD's JEDI contract

Amazon.com Inc will ask a judge to temporarily block Microsoft Corp from working on a $10 billion cloud contract from the Pentagon, a court filing showed on Monday.



6 years ago
Wall Street hits record, boosted by trade and earnings optimism

Wall Street hits record, boosted by trade and earnings optimism

Apple and other tech favorites propelled Wall Street to record highs on Monday, fueled by optimism about the signing of a preliminary U.S.-China trade deal, as well upcoming fourth-quarter earnings reports.



6 years ago
Yen slips, yuan ascends as U.S. drops China FX manipulator label

Yen slips, yuan ascends as U.S. drops China FX manipulator label

The yen plumbed eight-month lows while China's yuan climbed to its highest level since July on Tuesday, as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.



6 years ago
Yuan soars, stocks scale heights as markets cheer imminent Sino-U.S. deal signing

Yuan soars, stocks scale heights as markets cheer imminent Sino-U.S. deal signing

Asian shares hit a 7-month high, China's yuan jumped and safe-harbor assets slipped on Tuesday, amid signs of goodwill between China and the United States, as the world's two biggest economies prepared to sign a truce in their trade war.



6 years ago
Canadian court denies media request to broadcast Huawei CFO hearing

Canadian court denies media request to broadcast Huawei CFO hearing

A Canadian court on Monday denied a media consortium's request to broadcast a portion of hearing seeking to extradite Huawei Technologies Chief Financial Officer Meng Wanzhou to the United States.



6 years ago
Apple rejects claims it did not provide assistance in Pensacola shooting probe

Apple rejects claims it did not provide assistance in Pensacola shooting probe

Apple Inc on Monday said it rejects "the characterization that Apple has not provided substantive assistance" in the investigation into a shooting in Pensacola, Florida, last month.



6 years ago
Yen slips, yuan ascends after Washington drops China FX manipulator label

Yen slips, yuan ascends after Washington drops China FX manipulator label

The yen plumbed an eight-month low while the yuan climbed to its highest level since July on Tuesday, after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.



6 years ago
Asian stocks rally to record high ahead of trade deal; yen slips

Asian stocks rally to record high ahead of trade deal; yen slips

Asian share markets rose on Tuesday and safe-haven assets slid as signs of goodwill between China and the United States supported optimism for global growth, with the world's two biggest economies preparing to formalize a trade-war truce.



6 years ago
Visa to pay $5.3 billion to buy fintech startup Plaid

Visa to pay $5.3 billion to buy fintech startup Plaid

Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a $5.3 billion deal that will boost the payments giant's access to the booming financial technology space.



6 years ago
U.S. Treasury drops China currency manipulator label ahead of trade deal signing

U.S. Treasury drops China currency manipulator label ahead of trade deal signing

The U.S. Treasury Department on Monday dropped its designation of China as a currency manipulator days before top officials of the world's two largest economies were due to sign a preliminary trade agreement to ease an 18-month-old tariff war.



6 years ago
Visa to acquire Plaid, the fintech powering Venmo and other banking apps, in $5.3 billion deal

Visa to acquire Plaid, the fintech powering Venmo and other banking apps, in $5.3 billion deal

Payments giant Visa is buying Silicon Valley start-up Plaid in a $5.3 billion deal, the companies announced Monday.

6 years ago
Renault chairman says alliance with Nissan 'robust': L'Echo

Renault chairman says alliance with Nissan 'robust': L'Echo

The alliance between the French carmaker Renault and its Japanese partner Nissan Motor is "solid, robust, everything but dead," the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L'Echo.



6 years ago
U.S. Treasury removes designation of China as currency manipulator

U.S. Treasury removes designation of China as currency manipulator

The U.S. Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August finding that had roiled financial markets.



6 years ago
U.S. rejects Avenatti claim that 'document dump' justifies Nike trial delay

U.S. rejects Avenatti claim that 'document dump' justifies Nike trial delay

U.S. prosecutors on Monday rejected Michael Avenatti's claim that they overwhelmed him with large amounts of material for the Jan. 21 trial accusing the celebrity lawyer of trying to extort Nike Inc , and that the material should be excluded or the trial delayed by 30 days.



6 years ago