Latest News on private equity markets

Trial begins in U.S. states' effort to block T-Mobile/Sprint deal

Trial begins in U.S. states' effort to block T-Mobile/Sprint deal

U.S. state attorneys general, led by New York and California, deliver opening arguments Monday in a bid to stop T-Mobile U.S. from buying Sprint Corp in a trial that highlights disagreements between federal antitrust enforcers, who are Republican, and Democrats in powerful states.



6 years ago
France's Sanofi to buy biotech firm Synthorx for $2.5 billion

France's Sanofi to buy biotech firm Synthorx for $2.5 billion

Sanofi said on Monday it had agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion aimed at beefing up the French drugmaker's pipeline of drugs for cancer and auto-immune disorders.



6 years ago
Oil prices slip as weak China exports highlight trade war impact

Oil prices slip as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed that Chinese exports declined for a fourth straight month, sending shivers through a market already concerned about damage being done to global demand by the Sino-U.S. trade war.



6 years ago
Swedbank revamps management after money laundering probe

Swedbank revamps management after money laundering probe

Swedbank said on Monday its chief risk officer was leaving as the Swedish bank's new CEO revamps its structure to regain customer trust after a money laundering scandal sent its shares down 40% in the past year.



6 years ago
Russian car maker Avtovaz buys out GM from joint venture

Russian car maker Avtovaz buys out GM from joint venture

Russia's biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand.



6 years ago
Just Eat heated up by $6.5 billion Prosus bid, in challenge to Takeaway

Just Eat heated up by $6.5 billion Prosus bid, in challenge to Takeaway

Prosus raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion on Monday, ratcheting up the pressure on rival bidder Takeaway in a bitter takeover battle.



6 years ago
Oil prices stumble on weak China exports hangover

Oil prices stumble on weak China exports hangover

Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war.



6 years ago
7 ways to cut your tax bill before Dec. 31

7 ways to cut your tax bill before Dec. 31

Even though fewer taxpayers are itemizing under the new tax law, there are still moves you can make before 2019 ends to make sure you're taking advantage of all of the breaks you can — as well as some tried-and-true strategies that still apply.

6 years ago
This is what the experts really want to see happen to fix Social Security

This is what the experts really want to see happen to fix Social Security

The clock is ticking when it comes to whether Social Security reform will happen before a reduction in benefits kicks in. Politicians have come up with their own proposals. But here's how the experts, who have spent countless hours studying the problem, would restore or overhaul it if they had their way.

6 years ago
Asian shares buoyed by Wall St rally, but China worry caps gains

Asian shares buoyed by Wall St rally, but China worry caps gains

Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economic slowdown due to the prolonged Sino-U.S. trade war.



6 years ago
Oil prices slip as weak China exports highlights trade war impact

Oil prices slip as weak China exports highlights trade war impact

Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war.



6 years ago
House Democrats, USTR nearing deal to pass modified USMCA agreement: WSJ

House Democrats, USTR nearing deal to pass modified USMCA agreement: WSJ

House Democrats and U.S. Trade Representative Robert Lighthizer are nearing a deal to pass a revised version of the United States-Mexico-Canada Agreement, the Wall Street Journal reported late on Sunday, citing people familiar with the matter.



6 years ago
Skechers' 'cool' value gives it room to run like Nike: Barron's

Skechers' 'cool' value gives it room to run like Nike: Barron's

Shoemaker Skechers USA Inc is expected to post earnings growth on pace with Nike Inc over the next three years, giving its relatively low valuation a chance of catching up, financial newspaper Barron's reported in its Dec. 7 edition.



6 years ago
Asian stocks pulled higher by Wall Street jobs rally but China caution prevails

Asian stocks pulled higher by Wall Street jobs rally but China caution prevails

Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economy due to the prolonged Sino-U.S. trade war.



6 years ago
Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions

Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions

Mexico would accept a U.S. demand on steel in the United States-Mexico-Canada Agreement if the rule took effect at least five years after the trade pact's ratification, Mexican Foreign Minister Marcelo Ebrard said on Sunday.



6 years ago