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Latest News on private equity markets

Trump says near deal with China, but U.S. also has eye on Hong Kong

U.S. President Donald Trump said on Tuesday the United States was in the "final throes" in its attempt to reach a trade deal with China, but that at the same time Washington stands with protesters in Hong Kong, where it wants to see democracy.



5 years ago

Activist investor seeks to oust Trump friend Barrack from CEO job at Colony Capital

Activist investor Blackwells is pushing to remove Tom Barrack, a billionaire friend of President Donald Trump, as CEO of Colony Capital, saying his mismanagement of the real estate and investment firm has cost shareholders billions of dollars in lost gains.



5 years ago

China sells $6 billion worth of dollar bonds, double official target

China sold $6 billion worth of dollar-denominated bonds on Tuesday, double its initial target.



5 years ago

China raises $6 billion in its biggest ever international bond sale

China raised $6 billion in its biggest ever international sovereign bond sale on Tuesday, as it pounced on the year's sharp dive in borrowing costs.



5 years ago

Dollar, stocks trade mostly flat on trade talk optimism

The dollar and a gauge of global stock markets traded little changed on Tuesday as record highs on Wall Street were offset by caution as traders scrutinized the latest developments in the prolonged U.S.-China trade talks.



5 years ago

Trade optimism, Disney push Wall Street to new high

Wall Street's three main indexes held steady near all-time highs on Tuesday, as positive comments on trade by President Donald Trump, along with gains for Disney and Best Buy, encouraged investors to shrug off weak economic data.



5 years ago

Federal prosecutors open criminal probe of opioid makers, distributors: WSJ

Federal prosecutors have opened a criminal investigation into whether pharmaceutical companies intentionally allowed opioid painkillers to flood communities, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.



5 years ago

U.S.-China trade deal close, Trump says; negotiations continue

The United States and China are close to agreement on the first phase of a trade deal, U.S. President Donald Trump said on Tuesday, after top negotiators from the two countries spoke by telephone and agreed to keep working on remaining issues.



5 years ago

S&P 500 earnings swoon now seen extending to fourth quarter

Companies in the S&P 500 index are expected to earn less in the fourth quarter than the year-earlier period, which would mark a second straight quarterly profit decline, according to IBES data from Refinitiv.



5 years ago

Aramco IPO retail subscription at $7.21 billion: lead manager

Retail subscription for Saudi Aramco's initial public offering (IPO) reached 27.04 billion Saudi riyals ($7.21 billion) on Tuesday, lead manager Samba Capital said.



5 years ago

Cramer, outspoken about Tesla stock and Elon Musk, says he's ready to buy his wife a Model X

"I give up. The car is too damn great," explains the "Mad Money" host, after tweeting at Elon Musk: "Had a fantastic ride in the Model X."

5 years ago

U.S. consumer confidence ebbing; housing market firming

U.S. consumer confidence fell for a fourth straight month in November amid worries about current business conditions and employment prospects, but remained at levels sufficient to support a steady pace of consumer spending.



5 years ago

Fed's Brainard calls for 'flexible' average inflation target

The Federal Reserve should move from a strict 2% inflation target to a broad, "flexible" promise that it would average that level over time, a key member of the U.S. central bank's board of governors said on Tuesday in one of the most explicit endorsements yet for changes in its monetary policy framework.



5 years ago

'Adjust your location quickly' — How China warns residents before rockets crash down from space

A shower of Chinese rocket debris after a launch crushed buildings in the rural Sichuan province and was captured on a video.

5 years ago

NYSE seeks to let direct listings raise capital in IPO alternative

The New York Stock Exchange (NYSE) said on Tuesday it had filed with the U.S. Securities and Exchange Commission to allow companies going public to raise capital through a direct listing, instead of an initial public offering.



5 years ago