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Latest News on private equity markets

Exclusive: Goldman Sachs plans shift from revenue goal at first investor day

More than two years ago, Goldman Sachs Group Inc told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics.



6 years ago

China October new bank loans dip to 22-month low, more easing expected

New bank loans in China fell more than expected to the lowest in 22 months in October, but the drop was likely due to seasonal factors and policymakers are still expected to ramp up support for the cooling economy in coming months.



6 years ago

Vet turned entrepreneur turned a family recipe into an $80K venture that just launched on Amazon

Military veteran turned entrepreneur Charlynda Scales turned her grandfather's secret sauce recipe into an $80,000 venture that just launched on Amazon. Consumers support her made-in-America brand.

6 years ago

Many Americans are fighting the Fed. Good for them

Conventional wisdom tells investors to double down on stocks when the Fed cuts rates but many Americans are bucking the trend and shoring up their finances, and cash flow, in anticipation of an economic slowdown.

6 years ago

China's Jingye Group in talks to rescue British Steel

China's Jingye Group is in talks to buy British Steel, it said on Monday, in a deal estimated to be worth up to 70 million pounds that could protect thousands of British jobs and end prolonged uncertainty over the future of the troubled steelmaker.



6 years ago

China, Greece agree to push ahead with COSCO's Piraeus Port investment

China and Greece agreed on Monday to push ahead with a 600 million euros investment by COSCO Shipping into Greece's largest port, Piraeus, as part of efforts to boost its role as a hub in rapidly growing trade between Asia and Europe.



6 years ago

Global stocks drop as Hong Kong violence rattles investors

Shares around the globe fell on Monday, buffeted by escalating violence in Hong Kong that pushed Asian stocks to their worst day since August and stoked demand for the safe-haven yen and gold.



6 years ago

UK building sector hit by surge in insurance costs after Grenfell fire

Two years after a fire killed 71 people at London's Grenfell Tower, insurance premiums for building contractors, architects and surveyors have surged by as much as several hundred percent, risking future projects, industry sources say. Combustible materials used to refurbish Grenfell were central to the chain of events in June 2017 that turned an ordinary kitchen fire into an inferno, an official inquiry said last month.



6 years ago

Amazon's $1.5 million political gambit backfires in Seattle City Council election

Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a tax on big businesses that the tech giant helped fend off last year.



6 years ago

Uber’s Latin American stronghold pursued by SoftBank-funded rivals

Latin America, long a safe haven for Uber, was the biggest weak spot in the money-losing company’s latest financial results, registering just 2% growth, the worst of any region.



6 years ago

Airbnb, Chobani among companies to oppose U.S. asylum work permit slowdown

Airbnb, Chobani, Western Union and a dozen other companies are urging the withdrawal of a Trump administration proposal to slow down the work permit approval process for asylum seekers.



6 years ago

Oil falls after Trump plays down optimistic China trade reports

Oil prices dipped on Monday after U.S. President Donald Trump appeared to play down reports of an imminent lifting of tariffs in a protracted U.S.-Chinese trade war.



6 years ago

Google launches smart device in Brazil in new challenge to Amazon

Alphabet Inc’s Google is bringing to Brazil the latest version of its own smart device Google Nest, with plans to start selling it in major online and brick-and-mortar retailers in the country as of Tuesday.



6 years ago

Stock futures fall as Trump, Hong Kong weaken mood

U.S. stock index futures fell on Monday as President Donald Trump's comments dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries.



6 years ago

These advisors help their clients tackle this unknown looming cost

Financial advisors turn to a variety of options to help clients prepare for the potential cost of help with daily activities like eating and dressing — otherwise known as long-term care.

6 years ago