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Latest News on private equity markets

Fed minutes show rates on hold; not clear what would change that

An increasingly divided Federal Reserve that decided to hit pause in its easing cycle following a rate cut at its October meeting offered little guidance on what would cause policymakers to change their minds on the outlook, minutes of the central bank's last policy meeting showed.



4 years ago

U.S. healthcare shares pick up steam as some political worries abate

U.S. healthcare stocks, led by health insurers, have gained strength in recent weeks, buoyed by solid third-quarter earnings and investor comfort that political risks to the sector have eased. Wednesday's Democratic presidential debate could test their momentum.



4 years ago

Oil surges over 2% after U.S. inventory data, Russia OPEC comments

Oil prices climbed more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced.



4 years ago

Ukraine widens probe against Burisma founder to embezzlement of state funds

Ukraine has widened its investigation into the founder of energy company Burisma to include suspicion of embezzling state funds, Prosecutor General Ruslan Ryaboshapka said on Wednesday.



4 years ago

Mitsubishi Heavy Industries has skills to build Airbus wings: CEO

Mitsubishi Heavy Industries Ltd is confident that it has the technical and production know-how to build high-tech wings for Airbus SE jetliners, the chief executive of the Japanese conglomerate said on Wednesday.



4 years ago

Shares slide on U.S.-China spat over Hong Kong, dollar gains

Global stock markets stumbled and the dollar gained on Wednesday after China blasted a U.S. Senate bill aimed at protecting human rights in Hong Kong, the latest obstacle to easing tensions in a prolonged Sino-U.S. trade war that has dented growth worldwide.



4 years ago

Oil jumps over 2% after U.S. inventory data, Russia OPEC comments

Oil prices surged more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced.



4 years ago

GM sues Fiat Chrysler, alleging union bribery scheme cost it billions

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars.



4 years ago

Exclusive: LVMH gets access to Tiffany's books after it raises offer - sources

French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid from $120 per share to close to $130 per share, people familiar with the matter said on Wednesday.



4 years ago

U.S. lawmakers question Google about collection of health records

U.S. Presidential candidate Elizabeth Warren along with fellow Senators Richard Blumenthal and Bill Cassidy wrote a letter to Alphabet's Google on Wednesday to raise questions about its access to the health records of tens of millions of Americans.



4 years ago

Charity to pay $4 million to resolve U.S. pharma kickback probe

A Florida-based charity will pay $4 million to resolve claims that it acted as a conduit for companies including Biogen Inc and Novartis AG to pay kickbacks to Medicare patients using their high-priced multiple sclerosis drugs, the U.S. Justice Department said on Wednesday.



4 years ago

PayPal to buy rewards platform Honey Science for $4 billion

Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.



4 years ago

GM sues Fiat Chrysler, alleging union bribes cost it billions

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars.



4 years ago

United Auto Workers accuse union president of false accounting

The United Auto Workers (UAW) said on Wednesday it has filed charges under its bylaws against its president, accusing him of "false, misleading and inaccurate expense records" and saying those charges could lead to his removal from his elected office and expulsion from the union.



4 years ago

Wall Street falls on concerns of U.S.-China trade deal delay

Wall Street's main indexes closed lower on Wednesday on concerns a "phase one" trade deal between Washington and Beijing may not be completed this year.



4 years ago