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Latest News on private equity markets

Musk to go off Twitter ... again

Elon Musk is going offline from Twitter after questioning "the good" of the social networking site.



5 years ago

Prosecutors ask for delays in civil cases against JP Morgan until metals criminal case resolved

The Justice Department have asked for two civil cases against J.P. Morgan Chase be put on hold through the conclusion of a related ongoing criminal case into precious metals activity at the bank.

5 years ago

U.S. cites progress in U.S.-China trade talks

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin made progress on a variety of issues during a telephone call on Friday with China's Vice Premier Liu He about an interim trade agreement, USTR said in a statement.



5 years ago

U.S. disappointed by WTO decision allowing China to slap trade sanctions on U.S. goods

The United States is disappointed by a World Trade Organization (WTO) decision that China may slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties, a U.S. official said on Friday.



5 years ago

Barneys' Madison Avenue store to remain open for at least a year

Barneys New York Inc's flagship Madison Avenue outlet in Manhattan will remain open for at least another year in a slimmed-down form while the buyer of the luxury retailer's brands negotiates with the store's landlord.



5 years ago

Oil rises nearly 4% on U.S.-China trade hopes, but sets weekly decline

Oil prices rose nearly 4% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and Chinese manufacturing activity numbers.



5 years ago

Factbox: Fight for fitness - With Fitbit, Google takes on Xiaomi, Apple, Samsung

Competition in the wearable market is taking a turn as Alphabet Inc-owned Google buys Fitbit Inc in a bid to take on Apple and Samsung.



5 years ago

U.S.-China trade deal in sight after progress in high-level talks

U.S.-China trade talks are progressing well and the United States aims to sign an initial deal this month, top Trump administration officials said on Friday, offering reassurance to global markets after nearly 16 months of tit-for-tat tariffs.



5 years ago

Deutsche Bahn in exclusive talks with Carlyle for Arriva sale

Deutsche Bahn is in exclusive talks with U.S. buyout group Carlyle over the sale of the German rail operator's Arriva international passenger transport unit, a person familiar with the matter said on Friday.



5 years ago

U.S. extends divestiture deadline for sanctioned Russian firm GAZ

The U.S. Treasury said on Friday it was giving investors several more months to divest from Russian automaker GAZ , a company linked to Russian tycoon Oleg Deripaska that Washington sanctioned over Russia's "malign activity."



5 years ago

UAW union leaders recommend approval of Ford labor deal

United Auto Workers leaders from Ford Motor Co's U.S. plants on Friday recommended approval of a tentative labor agreement that would allow the No. 2 U.S. automaker to avoid a strike like the one that cost its larger rival General Motors Co about $3 billion.



5 years ago

Judge dismisses Uber lawsuit opposing New York City vehicle license caps

A Manhattan judge has dismissed Uber Technologies Inc's lawsuit challenging a New York City law limiting the number of licenses for ride-hailing services, the first such cap by a major American city.



5 years ago

Saudi Crown Prince approves Aramco IPO intention to float for Sunday: sources

Saudi Arabia's Crown Prince Mohammed bin Salman approved on Friday the go ahead of the initial public offering of state oil giant Aramco, five sources familiar with the matter told Reuters.



5 years ago

S&P 500, Nasdaq set records on jobs data, trade headway

U.S. stocks rallied to close out the trading week on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing eased concerns about slowing global growth.



5 years ago

US-China trade accord will require three phases: White House adviser

The United States and China are on a good path to complete the first part of a trade agreement, but two additional phases will be needed to address all of China's "structural deadly sins," White House trade adviser Peter Navarro said on Friday.



5 years ago