Latest News on private equity markets

China's November industrial profits rise 5.4% year-on-year

China's November industrial profits rise 5.4% year-on-year

Profits at China's industrial firms in November grew 5.4% from a year earlier to 593.9 billion yuan ($84.93 billion), the National Bureau of Statistics said on Friday.



6 years ago
This is why filing your income tax return will never be the same

This is why filing your income tax return will never be the same

Say goodbye to mere tax prep and hello to tax planning. The Tax Cuts and Jobs Act took effect in 2018 and disrupted the way Americans file their taxes, plan their charitable giving and decide whether to head for income tax-free states.

6 years ago
Tiffany sees rise in holiday sales on higher China spending

Tiffany sees rise in holiday sales on higher China spending

Tiffany & Co , which is being bought by Louis Vuitton owner LVMH , on Thursday estimated sales growth of 1% to 3% during the holidays, with the biggest contribution coming from China and a recovery in the Americas.



6 years ago
Futures hover near record highs as investors count on trade deal

Futures hover near record highs as investors count on trade deal

U.S. stock index futures were near record highs on Thursday on optimism that an initial U.S.-China trade deal would be signed soon, easing a dispute that has rattled global markets for the past 17 months.



6 years ago
Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes

Oil hits three-month highs as strong U.S. consumer spending underpins growth hopes

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war between Washington and Beijing.



6 years ago
Trump stock market rally is far outpacing past US presidents

Trump stock market rally is far outpacing past US presidents

The S&P 500 has returned more than 50% since Trump was elected, more than double the average market return of presidents three years into their term, according to Bespoke Investment Group.

6 years ago
Oil hits highest since September on trade hopes, OPEC cuts

Oil hits highest since September on trade hopes, OPEC cuts

Oil rose further above $67 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower U.S. crude inventories, by hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.



6 years ago
China Southern Air Holding sets up one billion yuan cargo company

China Southern Air Holding sets up one billion yuan cargo company

China Southern Air Holding, the parent of China Southern Airlines , has set up a cargo company with registered capital of 1 billion yuan ($143 million), as it looks to consolidate its air cargo assets through state-led reforms.



6 years ago
Bank of America sees big year for Microsoft ahead

Bank of America sees big year for Microsoft ahead

Bank of America projects a big year for Microsoft's stock, saying its cloud business is poised to grow even larger.

6 years ago
Nasdaq tops 9,000 on Amazon; U.S.-China trade optimism drives record rally

Nasdaq tops 9,000 on Amazon; U.S.-China trade optimism drives record rally

The Nasdaq topped the 9,000-point mark for the first time on Thursday and the S&P 500 hit a record high, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales.



6 years ago
Boeing 737 MAX crisis adviser Michael Luttig to retire

Boeing 737 MAX crisis adviser Michael Luttig to retire

Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker's board amid the 737 MAX crisis in May, will retire at the end of the year.



6 years ago
Peru watchdog says McDonald's franchisee Arcos Dorados violated safety laws

Peru watchdog says McDonald's franchisee Arcos Dorados violated safety laws

Peru´s labor watchdog has found McDonald's Corp´s Latin America franchisee Arcos Dorados guilty of six "very serious" violations of local safety and health laws following the deaths of two employees in a restaurant kitchen.



6 years ago
Oil nears $68, highest since September, on trade hopes, OPEC

Oil nears $68, highest since September, on trade hopes, OPEC

Oil rose towards $68 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower U.S. crude inventories, hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.



6 years ago
China's November industrial profits rebound, but soft demand still a risk

China's November industrial profits rebound, but soft demand still a risk

Profits at China's industrial firms in November grew at the fastest pace in eight months, breaking a three-month declining streak, as production and sales quickened, but broad weakness in domestic demand remains a risk for earnings next year.



6 years ago
Festive Wall St. set to stay near record levels on trade deal hopes

Festive Wall St. set to stay near record levels on trade deal hopes

U.S. stock indexes were set to open near record highs on Thursday and the S&P 500 was on course for its best year since 2013 on optimism over an imminent U.S.-China trade deal.



6 years ago