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Latest News on private equity markets

L'Oreal's Lancome beefs up stores as luxury cosmetics take off

L'Oreal's Lancome brand is planning to open a flagship store in China after launching its first major showcase in Paris this week, its chief executive said, as the company capitalizes on booming demand for high-end cosmetics.



5 years ago

The top 10 rules for gift-giving this holiday season

You've got your holiday shopping list made, but are you getting the right gifts for the right people?

5 years ago

PG&E nearing $13.5 billion deal with wildfire victims - BBG

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.



5 years ago

Renewed hopes of trade deal push Wall Street higher

Wall Street was set to break a three-day losing streak on Wednesday, following a report that the United States and China were moving closer to signing a "phase one" trade deal.



5 years ago

Steve Case: The 230 cities that lost HQ2 'perhaps can create the next Amazon'

According to AOL co-founder Steve Case, the 230 cities that lost out learned they can jump-start their economies by developing start-up ecosystems.

5 years ago

Wall Street rebounds on renewed U.S.-China trade optimism

Wall Street gained ground on Wednesday in a broad-based rally as investor sentiment brightened after U.S. President Donald Trump said talks with China on an interim trade deal were going "very well."



5 years ago

Bombardier on track to meet 2019 Global 7500 business jet delivery targets: executive

Canada's Bombardier will hit its 2019 delivery targets for its Global 7500 business jet, as the company redirects manpower from other planes to its flagship corporate aircraft program, an executive said on Wednesday.



5 years ago

Elon Musk, at defamation trial, blames 'pedo guy' tweet on overwork

Elon Musk said he was overworked when he called a British diver and cave explorer a "pedo guy" in a tweet to his millions of followers, as the Tesla chief executive defended himself on Wednesday at his defamation trial.



5 years ago

BMW sues air conditioning suppliers over price fixing

BMW is suing two of its suppliers over price fixing on air conditioning components, the German carmaker said on Wednesday.



5 years ago

Uber may offer courier services for retail business - CEO Khosrowshahi

Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Wednesday the ride hailing company could extend its food delivery service to offer courier services for other retail businesses.



5 years ago

Warren calls for Larry Page testimony, despite change of guard at Alphabet

United States Senator Elizabeth Warren said on Wednesday that she still expects Larry Page to testify in Congress, a day after he stepped down as chief executive of Alphabet Inc , Google's parent company.



5 years ago

PG&E nearing $13.5 billion deal with wildfire victims - Bloomberg

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.



5 years ago

Under Pichai, Alphabet's moonshot projects may face more scrutiny

Alphabet's leadership change has some investors hoping that the owner of Google will take a hard look at the cash-burning ventures championed by its founders.



5 years ago

Global stocks rally on renewed trade talk optimism, yields rise

Government debt yields and a gauge of global equity markets rose on Wednesday as sentiment improved after U.S. President Donald Trump said trade talks with China were going "very well" and a news report suggested key differences were being ironed out.



5 years ago

Oil jumps 3% on U.S. stockpiles drop; further OPEC output cuts seen

Oil prices surged more than 3% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles.



5 years ago