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Latest News on private equity markets

Vice President Pence says Trump hopes to tackle China IP theft after 'Phase 1' deal

U.S. Vice President Mike Pence said on Tuesday that the Trump administration is aiming to complete a 'Phase 1' deal with China on agricultural purchases next month in Chile and move on to tackle intellectual property theft issues dividing the world's two largest economies.



4 years ago

Fortum CEO says Uniper obstructed proposed purchase: Kommersant

Uniper deliberately obstructed Fortum's proposed purchase of a stake in the German utility by registering assets in Russia as strategic, Kommersant daily quoted Fortum CEO Pekka Lundmark as saying on Thursday.



4 years ago

Under pressure, Barclays restores UK post office cash withdrawals

Barclays on Thursday said it will maintain customers' ability to withdraw cash from Britain's Post Office branches, reversing a change announced earlier this month that angered the public and lawmakers amid cuts to the lender's branch network.



4 years ago

U.S. senators ask FTC to probe Amazon over Capital One hack

Two U.S. senators on Thursday asked the U.S. Federal Trade Commission to probe Amazon.com Inc to determine if the company failed to secure its servers prior to the Capital One hack.



4 years ago

Car parts maker Valeo says sales up but warns of GM strike impact

French car parts supplier Valeo cautioned on Thursday that the General Motors strike was currently costing it around 160 million euros ($178 million) in sales and around 50 million euros in operating margin terms.



4 years ago

Trump administration official resigns, calls for student debt forgiveness

A. Wayne Johnson had been COO of the Office of Federal Student Aid, which manages the country's $1.6 trillion outstanding student loan portfolio.

4 years ago

Sterling pares losses after PM calls for election; stocks inch up

The pound was weaker but pared losses against the dollar on Thursday in the wake of British Prime Minister Boris Johnson's call for a Dec. 12 election to break the country's deadlock over its planned exit from the European Union, while global stock markets edged up.



4 years ago

Oil extends gains despite weak demand outlook

Oil prices extended their gains on Thursday, with Brent rising above $61 a barrel as a surprise drop in U.S. crude inventories and the prospect of further market-supporting action by OPEC and its allies offset some concern over the outlook for demand.



4 years ago

Gucci, Moncler post solid growth despite Hong Kong turmoil

Kering's Gucci brand and Italian jacket maker Moncler joined other luxury labels on Thursday in easing fears of a major third quarter sales hit from protests in Hong Kong, as they benefited from brisk business across the rest of Asia.



4 years ago

Your investments may tilt Democrat or Republican, and that can cost you

You probably monitor your investments to see if they're in the red or green. You might not realize that they could have hidden leanings toward red or blue, as in Republican or Democrat.

4 years ago

Ex-Deutsche Bank traders avoid prison time for Libor scheme

Two former Deutsche Bank AG traders will not serve any prison time for conspiring to manipulate the Libor benchmark interest rate between 2005 and 2011, a federal judge ruled on Thursday, sharply criticizing U.S. prosecutors for treating the two men as "proxy wrongdoers" for a much larger scheme.



4 years ago

Watch Fox News? You likely think the U.S. economy is great. MSNBC viewers not so much

The performance of the U.S. economy has been a solid clue to the outcome of past presidential elections.



4 years ago

New York Fed offers to inject more liquidity into the banking system

The Federal Reserve Bank of New York is boosting the size of the cash injections it can make into overnight borrowing markets.



4 years ago

American, Southwest profits rise on strong demand even as 737 MAX hurts

American Airlines Group and Southwest Airlines posted quarterly profit increases on Thursday even as the two U.S. carriers pointed to a rising cost impact from the continued grounding of Boeing 737 MAX.



4 years ago

Tesla investor says Thursday's stock surge is just the beginning of a push toward $4,000

"I think the shorts are going to be forced to cover as time goes on," says Ark Investment Management founder and CEO Catherine Wood.

4 years ago