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Latest News on private equity markets

Oil gains as hopes build for OPEC supply curbs; new optimism on U.S.-China trade deal

Oil prices rose on Friday 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

Warren Buffett's Berkshire Hathaway reveals new stake in furniture retailer RH, shares surge

Berkshire Hathaway owned 1.2 million shares of RH, formerly known as Restoration Hardware, at the end of the third quarter.

4 years ago

RH shares surge after Warren Buffett's Berkshire Hathaway reveals new stake in furniture retailer

Berkshire Hathaway says it owned 1.2 million shares of RH, formerly known as Restoration Hardware, at the end of the third quarter.

4 years ago

Icahn takes stake in HP, pushes for merger with Xerox: WSJ

Activist investor Carl Icahn has bought a $1.2 billion 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, the Wall Street Journal reported on Wednesday.



4 years ago

One of China's richest men named in Hikvision securities probe

China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of U.S.-blacklisted surveillance camera giant Hikvision , the company said.



4 years ago

German automation talent powers Musk's battery move to Europe

To unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk flew in six planeloads of new robots and equipment from Germany to speed up battery production for its Model 3.



4 years ago

China holding in-depth talks with U.S. on phase one of trade deal

China and the United States are holding in-depth discussions on the first phase of a trade pact, and cancelling tariffs is an important condition to reach a deal, the Asian giant's commerce ministry said on Thursday.



4 years ago

Calm, considered, Henry to steer BHP through choppy times

Calm and considered, incoming BHP Group Ltd chief executive Mike Henry is seen as a safe pair of hands to steer the world's largest mining company through what he says are uncertain times.



4 years ago

China says holding 'in-depth' talks with U.S. on interim trade deal

China and the United States are holding "in-depth" discussions on a first phase trade agreement, and cancelling tariffs is an important condition to reaching a deal, the Chinese commerce ministry said on Thursday.



4 years ago

Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source

Alibaba Group will carry out Hong Kong’s first paper-less stock market listing with its $13.4 billion share sale, according to a source with knowledge of the matter, ending the long-held tradition of Hong Kong investors queuing in bank branches to place stock orders.



4 years ago

In swaps we trust? Disappearing dollars drive currency trading dependence

As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing.



4 years ago

Factbox: Dollar domination - why global markets depend on the U.S. currency

From the dominant reserve currency for central banks to the main conduit for global trade and borrowing, U.S. dollars are the lifeblood for banks and markets around the world.



4 years ago

Factbox: FX swaps step from market obscurity to global stage

Foreign exchange swap volumes have risen in the past three years to account for nearly half of the entire FX market, Bank for International Settlements (BIS) data shows.



4 years ago

Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support.



4 years ago

Mercedes-Benz Cars to slash 1 billion euros in costs by 2022

Daimler shares fell sharply on Thursday after the German carmaker said tougher emissions rules will hit earnings in 2020 and 2021 forcing it to seek more than 1 billion euros in personnel cuts at Mercedes-Benz Cars by end of 2022.



4 years ago