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Latest News on private equity markets

Court tosses Carl Icahn's suit seeking Occidental acquisition records

Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.



4 years ago

Hong Kong to unveil depth of recession amid protests, trade war

Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.



4 years ago

Nvidia follows Intel to predict strong growth in data center business

Nvidia Corp on Thursday joined rival Intel Corp to predict strong demand for chips used in data centers after its third-quarter revenue and profit beat market expectations.



4 years ago

Amazon challenges Pentagon's $10-billion cloud award to Microsoft

Amazon.com Inc on Thursday said it is contesting the Pentagon's award of an up to $10 billion cloud computing deal to Microsoft Corp , expressing concern that politics got in the way of a fair contracting process.



4 years ago

Icahn pushes for HP merger with Xerox: WSJ

Activist investor Carl Icahn has taken a stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp, arguing that a union could yield big profits for investors, according to the Wall Street Journal.



4 years ago

Alibaba praises Hong Kong at start of retail campaign for $13 billion listing

Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession.



4 years ago

Boeing received 'unnecessary' contract boost for astronaut capsule, watchdog says

Boeing's multibillion dollar contract to build U.S. astronaut capsules received an "unnecessary" extension from NASA, a watchdog report said on Thursday, the latest management blunders in the agency's program to restart domestic human spaceflight. NASA agreed to pay Boeing Co a $287 million premium for "additional flexibilities" to accelerate production of the company's Starliner crew vehicle and avoid an 18-month gap in flights to the International Space Station. NASA's i



4 years ago

U.S. and China 'getting close' to trade deal: White House economic adviser

The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending a 16-month trade war.



4 years ago

Court tosses Carl Icahn's lawsuit seeking Occidental acquisition records

Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.



4 years ago

Buffett's Berkshire invests in Restoration Hardware, whose shares rise

Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new investment in RH , boosting shares of the luxury furniture and home furnishings chain once known as Restoration Hardware.



4 years ago

Asian shares rise, but gains capped by weak sentiment

Asian equities rose on Friday after the S&P 500 index notched a new record closing high, but investor sentiment remained fragile following weak data from China and Germany, which reinforced concerns about the global economy.



4 years ago

Asian shares rise as Kudlow comments lift trade hopes

Asian stocks jumped on Friday, propelled by a record S&P 500 finish and White House comments suggesting Washington and Beijing were close to striking a trade deal, reviving hopes the tariff war may near an end.



4 years ago

Oil rises on hopes for OPEC supply curbs, new optimism on U.S.-China trade deal

Oil prices posted early gains as OPEC's outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month.



4 years ago

Oil edges lower on U.S. crude stockpiles, record production

Oil prices eased on Thursday as U.S. crude futures were pressured by a build in domestic inventories and record production, but losses were limited by forecasts from the Organization of the Petroleum Exporting Countries for a lower-than-expected oil surplus.



4 years ago

Highlights: Hong Kong paralyzed for fifth day, students guard campuses

Anti-government protesters paralyzed parts of Hong Kong for a fifth day on Friday, forcing schools to close and blocking some major highways, as university students barricaded campuses and authorities struggled to calm the violence.



4 years ago