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Latest News on private equity markets

U.S.-China trade optimism lifts Wall Street to record high

Technology stocks pushed Wall Street's three main indexes to record highs on Monday, as hopes of a U.S.-China trade deal and an improving domestic economy boosted risk appetite.



5 years ago

McDonald's says Easterbrook eligible for half-year severance

McDonald's Corp said on Monday former chief executive officer, Steve Easterbrook, was eligible for six months of severance pay as part of his termination agreement with the company.



5 years ago

Lion Air targets up to $1 billion IPO in early 2020: sources

Indonesia's Lion Air has accelerated preparations for a stock market listing in the first quarter of next year with an initial public offering (IPO) that could raise up to $1 billion, several sources close to the matter said on Monday.



5 years ago

German carmaker Audi to ramp up engine output in Hungary in 2020: minister

German premium carmaker Audi will ramp up engine output to 2.25 million units next year at its Hungarian factory, up from 1.95 million produced in 2018, Hungarian Foreign Minister Peter Szijjarto said on Monday.



5 years ago

Asia trade pact doesn't reflect India's interests, decided not to join: PM Modi

India's Prime Minister Narendra Modi said on Monday that he could not compromise the interests of farmers and workers at home by joining a China-led regional trade pact after it failed to address Delhi's concerns over market access.



5 years ago

Chinese Regulators Move To Shutter P2P Lenders

Paymnts | Oct 31, 2019 Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31). Authorities are giving P2P companies time to wrap up their business affairs, but “the ultimate goal is zero on the balance sheet,” a source told

5 years ago

Germany to hike electric car subsidies as VW launches car

Germany plans to increase by half the grants available to buyers of electric cars over the five years from 2020, according to a government document seen by Reuters, the latest in a series of measures to speed the adoption of low-emissions vehicles.



5 years ago

India rejects China-backed Asian trade deal, as others move ahead

China joined 14 countries on Monday in agreeing terms for what could be the world's biggest trade pact, but India pulled out at the last minute on the grounds that the deal would hurt its farmers, businesses, workers and consumers.



5 years ago

Amazon to support utility-bill payments with Alexa

MarketWatch | Emily Bary | Oct 27, 2019 The e-commerce giant will start letting consumers use Amazon Pay for bill payments by voice and online Amazon.com Inc. is tapping into bill payments by letting customers use its Amazon Pay feature for their utility bills. The e-commerce giant said during a Sunday keynote at the Money

5 years ago

Stocks rise on trade hopes, dollar gains on risk appetite

The dollar strengthened and global stock markets rallied on Monday on signs the United States and China could soon end a damaging trade war as well as indications the world may yet dodge an economic recession.



5 years ago

Oil prices rise 2% on U.S.-China hopes and improved outlook

Oil prices rose $1 a barrel on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.



5 years ago

ECB governor accused of bribery in Latvia corruption trial

Latvia's central bank chief, who led the former Soviet republic into the euro, appeared in court on Monday accused of bribery in the first corruption trial of a European Central Bank governor.



5 years ago

Why your vaping habit could raise your life insurance costs

While the long-term effects of vaping are still unknown, there's little doubt that vaping won't go in your favor when it comes to life insurance.

5 years ago

ArcelorMittal to hand Ilva plant back to Italian state over legal row

ArcelorMittal said on Monday it was withdrawing from a deal to buy struggling Italian steelmaker Ilva after Rome reneged on a promise to give it immunity from prosecution over its heavily polluting plant.



5 years ago

Huawei will maintain robust growth in absence of U.S. supply: board director

Chinese telecoms equipment maker Huawei will maintain robust business growth in the absence of U.S. supply and does not rely on any U.S. technology and components for 5G, board director William Xu said on Monday.



5 years ago