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Latest News on private equity markets

Swatch ticked off with Swiss anti-trust agency parts ban

Swatch will be blocked from selling some parts to watchmakers, ranging from Richemont's Cartier to Chopard and Breitling, from next year in an escalation of a row between the world's biggest watchmaker and Switzerland's competition regulator.



5 years ago

Accenture beats quarterly estimates on digital and cloud strength

Accenture Plc beat Wall Street estimates for first-quarter earnings on Thursday, as investments in its fast-growing digital and cloud services businesses continue to pay off.



5 years ago

Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger

China's Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles (FCA).



5 years ago

German court bans Uber's ride-hailing services in Germany

A German court on Thursday banned Uber ride-hailing services in Germany, arguing the U.S. company lacks a necessary licence to offer passenger transport services using rental cars.



5 years ago

Swedish, Norwegian crowns lifted by rate decisions; Aussie still strong

The dollar was down 0.1% on Thursday, little changed by U.S. President Donald Trump's impeachment, while the Swedish and Norwegian crowns both rose slightly following central bank policy announcements that were in line with expectations.



5 years ago

Citi, ValueAct Capital extend information sharing, engagement agreement through 2021

Citi Group and hedge fund ValueAct Capital said on Thursday they would extend an existing information-sharing agreement for another two years through the end of 2021.



5 years ago

Wall Street edges higher after jobless data; markets shrug off impeachment

U.S. stocks opened slightly higher on Thursday as data showed a dip in weekly jobless claims, while investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.



5 years ago

Why this 'rule' about credit card use could be costing you

If you think your credit scores won't be negatively affected unless your total balance climbs above 30% of your available credit, guess again.

5 years ago

U.S. weekly jobless claims fall; mid-Atlantic factory activity almost stalls

The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength.



5 years ago

Spending bill aims to rescue some workers' pensions, but not everyone makes the cut

Congress is looking to push through a bill to protect coal miners' pensions this week. But that raises the question as to what will happen to other workers whose companies, and retirement plans, are going broke. Here's how the negotiations are shaping up.

5 years ago

U.S.-China to sign 'phase one' trade pact in early January: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Friday the United States and China would sign their so-called phase one trade pact at the beginning of January, adding that it was completely finished and just undergoing a technical "scrub."



5 years ago

Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source

Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in a Malaysia corruption scandal, according to a source familiar with the matter.



5 years ago

Adidas and Beyonce to launch gender-neutral collection

Adidas will start selling a new collection designed with singer Beyonce on Jan. 18 in a relaunch of her Ivy Park brand that includes shoes, clothes and accessories, mostly in maroon, orange and cream.



5 years ago

This map shows where people with the best – and worst – credit card habits live in the US

The amount of time it takes people in different cities to repay their credit card debt varies vastly.

5 years ago

Goldman Sachs is in talks with the US government to settle 1MDB scandal for about $2 billion

A settlement would lift a cloud that has hung over Goldman and its CEO David Solomon since he took over in late 2018.

5 years ago