Latest News on private equity markets

Repsol says it will reach zero emissions by 2050

Repsol says it will reach zero emissions by 2050

In a first for the oil and gas industry, Repsol announced on Monday that it will reach zero emissions by 2050.

6 years ago
Medicare open enrollment ends soon. What to do if you picked the wrong coverage

Medicare open enrollment ends soon. What to do if you picked the wrong coverage

If you discover that you don't like your 2020 Medicare coverage after Dec. 7 — which is when open enrollment ends — you might have options for switching to a different plan, depending on the specifics of your situation.

6 years ago
Oil steadies after brief slide on Trump's U.S-China trade comments

Oil steadies after brief slide on Trump's U.S-China trade comments

Oil steadied on Tuesday, as expectations of output cuts from OPEC and allied producers brought prices back up after they slid briefly following comments from U.S. President Donald Trump that a trade deal with China may be delayed.



6 years ago
WTO tussles over hard stop vs phase-out of appeals system

WTO tussles over hard stop vs phase-out of appeals system

The World Trade Organization (WTO) battled on Tuesday over whether to bring its Appellate Body to an abrupt halt or allow its adjudicators to settle a handful of pending cases, according to trade officials present at a meeting on the subject.



6 years ago
Volkswagen headquarters raided again over diesel scandal

Volkswagen headquarters raided again over diesel scandal

German public prosecutors raided the Wolfsburg headquarters of Volkswagen on Tuesday in the latest investigation into the carmaker's diesel emissions scandal.



6 years ago
Federal Reserve terminates 2015 forex enforcement action against Bank of America

Federal Reserve terminates 2015 forex enforcement action against Bank of America

The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America over its shortcomings in preventing traders from manipulating foreign exchange rates.



6 years ago
U.S. shoppers, mostly online, spend 16% more over holiday weekend

U.S. shoppers, mostly online, spend 16% more over holiday weekend

A record number of U.S. consumers spent more online and in stores over the holiday weekend for everything from clothing to toys, the National Retail Federation said on Tuesday.



6 years ago
Trump says China trade deal may have to wait amid sticking points in talks

Trump says China trade deal may have to wait amid sticking points in talks

President Donald Trump said on Tuesday a trade deal with China might have to wait until after the U.S. presidential election in November 2020, denting hopes that the two largest economies would soon reach an initial deal to ease their damaging trade war.



6 years ago
Wall Street sinks as Trump hints at delay in trade deal with China

Wall Street sinks as Trump hints at delay in trade deal with China

Wall Street fell more than 1% and the benchmark S&P 500 hit a near one-month low on Tuesday, as comments from President Donald Trump and Commerce Secretary Wilbur Ross stoked fears of a significant delay in resolving a trade dispute with China.



6 years ago
Goldman Sachs to launch new products and services on Amazon's cloud

Goldman Sachs to launch new products and services on Amazon's cloud

Goldman Sachs Group Inc will be launching new technology-based products and services for its institutional clients on Amazon's cloud next year, bank Chief Executive David Solomon said at a conference on Tuesday.



6 years ago
Wall St. extends declines as Commerce Secretary Ross comments on China tariffs

Wall St. extends declines as Commerce Secretary Ross comments on China tariffs

U.S. stocks extended declines on Tuesday as U.S. Commerce Secretary Wilbur Ross said on CNBC that U.S. tariffs on Chinese imports due Dec. 15 would be imposed unless there was substantive progress in trade talks.



6 years ago
Ross says Trump has flexibility on tariffs toward France, Europe

Ross says Trump has flexibility on tariffs toward France, Europe

President Donald Trump has wide latitude in handling trade with France and other European allies, including imposing tariffs, U.S. Commerce Secretary Wilbur Ross told CNBC in an interview in on Tuesday.



6 years ago
Glencore CEO says he may step aside next year

Glencore CEO says he may step aside next year

Glencore CEO Ivan Glasenberg said on Tuesday he expected to be able to announce his successor next year, but said the timing was not yet certain.



6 years ago
Unilever names Braams as new marketing head in expanded role

Unilever names Braams as new marketing head in expanded role

Consumer goods giant Unilever Plc on Tuesday appointed Conny Braams to the new post of chief digital and marketing officer, expanding the scope of a role previously held by advertising industry veteran Keith Weed.



6 years ago