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Latest News on private equity markets

Oil market edgy on U.S. crude build, trade deal angst

Oil prices trod water on Thursday after losses in the previous session, as traders were cautious amid concerns over a potential delay in sealing a long-awaited interim U.S.-China trade deal and a huge increase of U.S. crude stockpiles.



5 years ago

IBM, Bank of America team up to launch financial services-specific cloud

International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp , which will be the first major bank to use the platform.



5 years ago

SoftBank Group plunges to $6.5 billion quarterly loss as tech bets stumble

SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts' estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies .



5 years ago

Stocks fall as traders question next move in trade war

Asian shares fell on Wednesday for the first time in four trading sessions as investors awaited new developments that might scale back a bruising trade war between the United States and China.



5 years ago

Cause of Philadelphia fire sounds alarm over aging U.S. refineries

How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading to a fire that devastated the East Coast's largest and oldest oil refinery?



5 years ago

SoftBank's second-quarter whiplashed by $8.9 billion loss in Vision Fund

SoftBank Group Corp reported its first quarterly loss in 14 years on Wednesday, with its giant Vision Fund suffering a 970 billion yen ($8.9 billion) loss on falling valuations of top tech bets such as WeWork and Uber.



5 years ago

Tesla plans after-sales network expansion in China as Shanghai factory spins up

Tesla Inc plans to double the number of repair and maintenance shops, add about 100 charging stations and revamp showrooms in China as the electric vehicle maker gears up to open its Shanghai plant.



5 years ago

Former Goldman Sachs executive to stand trial in Malaysia next year

Former Goldman Sachs banker Roger Ng will face trial in Malaysia in April for allegedly abetting the sale of $6.5 billion in bonds tied to troubled state fund 1Malaysia Development Berhad (1MDB), a judicial official said on Wednesday.



5 years ago

Xerox considers takeover offer for PC maker HP: WSJ

Xerox Holdings Corp is considering making a cash-and-stock offer for personal computer maker HP Inc at a premium to its market value of about $27 billion, the Wall Street Journal reported on Tuesday.



5 years ago

Investors left exposed as Trump's SEC gives America Inc helping hand

The United States' top market cop is slowly taking the shackles off corporations.



5 years ago

How the SEC is making life easier for corporate America

Under the Trump administration, the Securities and Exchange Commission (SEC) has taken more than two dozen measures - including trimming rules - that make life easier for corporate America, according to a Reuters analysis of SEC announcements and interviews with more than a dozen lawyers, academics and advocacy groups. [L2N26V0LM]



5 years ago

Oil falls after three-day rally on larger-than-expected U.S. crude build

Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks, after gaining for three sessions on expectations of an easing in U.S.-China trade tensions.



5 years ago

China urges re-elected Canadian government to free Huawei executive Meng Wanzhou

China's foreign ministry on Wednesday urged the re-elected Canadian government to immediately release detained Huawei [HWT.UL] executive Meng Wanzhou.



5 years ago

Bombardier says to deliver all Swiss Railways trains by mid-2021

Bombardier said on Wednesday it had alleviated technical problems that have held up deliveries of trains to Swiss Federal Railways (SBB) as the Canadian plane-and-train-maker aims to complete the long-delayed contract by mid-2021.



5 years ago

Risk rally hits pause button as markets await trade signals

Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade talks.



5 years ago