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Latest News on private equity markets

4 ways to help blended families navigate finances

Forty percent of all new marriages in the U.S. include at least one person who was previously married and may already have kids. Having proper documentation and delegation of responsibilities as well as regular conversations about money is crucial to financial success, experts say.

4 years ago

As US college costs soar, some students find bargains overseas

As the cost of attending a four-year public college or university continues to rise, there's another option gaining steam: earning a degree at a university abroad.

4 years ago

Board of Australia's Westpac 'unreservedly apologizes' over money-laundering

The board of Australia's second largest bank on Friday apologized unreservedly for 23 million breaches of money laundering laws, but stood by management despite pressure from politicians to review its leadership.



4 years ago

Tesla unveils electric pickup truck, futuristic design ignites controversy

Tesla Inc on Thursday unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers' profits.



4 years ago

China's Xi says he wants to work out initial trade deal with U.S.

China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is also not afraid to retaliate when necessary.



4 years ago

Asian shares up from three-week lows, but trade worries linger

A broad gauge of Asian equities made a slight recovery on Friday from three-week lows hit the previous day, with gains limited by investors' uncertainty over chances of China and the United States striking a preliminary deal soon to end their trade war.



4 years ago

Ford's China JV with Changan to return to sales growth in 2020-president

Auto sales at Ford Motor Co's China venture with Chongqing-based carmaker Changan are likely to turn positive next year, Changan’s president said on Friday.



4 years ago

Tesla's electric pickup truck flouts convention with angular design and armored glass

Tesla Inc on Thursday unveiled its electric pickup truck with a futuristic angular body in gunmetal gray that looked like an armored vehicle, as the California company took aim at the heart of Detroit automakers' profits.



4 years ago

Mediaset and Vivendi fail to reach truce ahead of court hearing: sources

Italy's Mediaset and France's Vivendi failed to reach an out-of-court agreement to end years of legal disputes ahead of a court hearing scheduled on Friday, two sources close to the matter said.



4 years ago

Global shares inch up, but trade worries linger

Global stocks inched up on Friday, lifted by China's renewed offer to work out a trade pact with Washington, but gains were limited by uncertainty over how the 16-month-old trade war plays out and how much it may undermine the world economy.



4 years ago

No truce in Mediaset, Vivendi battle ahead of court hearing -sources

Italian broadcaster Mediaset and its No. 2 investor Vivendi have not yet reached an agreement to end years of legal fighting ahead of a court hearing on Friday, two sources close to the matter said.



4 years ago

Battling slowing sales, insurer AIA hires new CEO from rival Ping An

Asia-focussed insurer AIA Group Ltd on Friday named a senior executive at Chinese rival Ping An Insurance Group Co as its chief executive officer to replace company veteran Ng Keng Hooi.



4 years ago

KKR reaches halfway in $3 billion Asia infrastructure fundraising: source

Global private equity group KKR & Co has raised $1.5 billion for its first Asia-focused infrastructure fund, roughly half the total targeted, one person with direct knowledge said. KKR began to target Asia's infrastructure sector with a series of hires beginning about a year ago and launched its fundraising in 2019.



4 years ago

China's Xi: Should strengthen communication with U.S. to avoid misjudgment - Xinhua

Chinese President Xi Jinping said on Friday that Beijing and Washington should strengthen communication on strategic issues in order to avoid misjudgment and misunderstanding, China's official Xinhua News Agency reported.



4 years ago

South African Airways signs wage deal with non-striking union

South African Airways (SAA) signed a deal on Friday with a union not involved in a strike that has crippled the heavily indebted carrier, giving its members a 5.9% pay rise backdated to April.



4 years ago