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Latest News on private equity markets

5 years ago

Oil is our gold and we aim to use all of it, ADNOC official says

Abu Dhabi National Oil Co aims to exhaust its vast oil and gas reserves even as many consumers switch to cleaner sources of energy, a senior executive in the Gulf oil company said.



5 years ago

London forex trader accuses Citigroup of unfair dismissal

A former top Citigroup trader, who was fired in 2014 but acquitted of foreign exchange-rigging charges after a trial in New York, told a London employment tribunal he was unfairly dismissed despite being in the "eye of the storm" at the time.



5 years ago

Airbus says A400M technical issues not safety critical

Airbus said on Wednesday that technical issues in its A400M planes that had prompted Germany to refuse delivery of two of the aircraft were not safety critical.



5 years ago

Wall Street slips on trade worries, Hong Kong unrest

Wall Street edged lower on Wednesday as President Donald Trump's threat to "substantially" raise tariffs if China did not make a trade deal with the United States as well as escalating tensions in Hong Kong kept investors away from riskier assets.



5 years ago

Mediation between Bayer, plaintiffs seeks to clarify all justified claims: U.S. mediator

Mediation between Bayer and plaintiffs in the United States aims to clarify all justified claims related to Roundup herbicide both at the national and state level, mediator Ken Feinberg told a German magazine.



5 years ago

German auto lobby to pick utility manager Hildegard Mueller as president: report

The German carmakers lobby VDA is set to appoint conservative politician and former Innogy board member Hildegard Mueller as president, Berlin daily newspaper Der Tagesspiegel reported on Wednesday, citing sources.



5 years ago

The biggest mistakes people make with their 401(k)s

These are the most common mistakes people make with their 401(k) plans.

5 years ago

Germany welcomes Tesla's Berlin move as boost to e-car shift

The German government on Wednesday welcomed Tesla's decision to set up shop in Berlin, a move it believes will turbo-charge the country's shift into the electric car era even as costs of running a business in Europe's largest economy remain high.



5 years ago

Facebook adds Instagram data to content moderation transparency report

Facebook Inc released its fourth report on enforcement against content that violates its policies on Wednesday, adding data on photo-sharing app Instagram and content depicting suicide or self-harm for the first time.



5 years ago

Disney+ streaming service reaches 10 million sign-ups, shares surge

Walt Disney Co on Wednesday said its new streaming service, Disney+, has reached 10 million sign-ups since launching on Nov. 12, sending shares up 3.5% to $143.53 on the New York Stock Exchange.



5 years ago

Trump says he will make a decision on auto tariffs soon

U.S. President Donald Trump on Wednesday said he had been briefed by his administration on the issue of whether to impose tariffs on car and auto part imports into the United States and would make a decision fairly soon.



5 years ago

These scammers have ripped off $405 million from members of the military

Rip-off artists have scammed service members and veterans to the tune of $405 million over the last seven years, according to an analysis by Comparitech. Here are some of the schemes that are used.

5 years ago

Google's checking account is setting up a showdown with Apple over the future of financial services

Whether its Apple Pay or Google Pay, the real battle will be to keep users locked into ever-growing payments ecosystems.

5 years ago

Wall Street edges higher as Fed's Powell testifies before Congress

Wall Street's main indexes turned slightly higher on Wednesday as Federal Reserve Chair Jerome Powell said the central bank saw a "sustained expansion" ahead for the U.S. economy.



5 years ago