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Latest News on private equity markets

Trump's tariffs jolt global stocks, trigger rush to safety

Global stocks took another beating on Friday with investors piling into safe-haven assets after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $300 billion of Chinese imports starting Sept. 1.



3 years ago

Boeing to change 737 MAX flight-control software to address flaw: sources

Boeing Co plans further changes to the software architecture of the 737 MAX flight-control system to address a flaw discovered after a test in June, two people briefed on the matter said late on Thursday.



3 years ago

Apple and Microsoft vie for top market spot, but only one will win

Apple has pushed past the $1 trillion market cap to nip at Microsoft's heels. The charts suggest one will keep rolling past that milestone.

3 years ago

Oil slips 1% after Fed disappoints, U.S. crude output rises

Oil prices skidded on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and Sino-U.S. talks ended without apparent progress towards resolving a bitter trade dispute.



3 years ago

Democrats pass up chance to dent GM on job cuts in Detroit debates

Detroit-based General Motors Co emerged from two days of Democratic debates in its hometown largely unscathed as 2020 White House hopefuls largely passed up an opportunity to criticize it for significant job cuts in recent months.



3 years ago

Seeds of London Stock Exchange deal planted at flower show

The London Stock Exchange Group Plc’s expected $27 billion purchase of financial-data business Refinitiv has its origins in May 2013, amid the crocuses, champagne and corporate hobnobbing of London’s Chelsea Flower Show.



3 years ago

Chinese billionaire indicted in U.S. for alleged $1.8 billion aluminum tariff evasion

A Chinese billionaire has been indicted by a grand jury on charges he schemed with the aluminum company he founded to evade $1.8 billion of tariffs by smuggling huge amounts of the metal into the United States, federal prosecutors said on Wednesday.



3 years ago

Manufacturing pain spreads through Asia, more stimulus seen ahead

Asian factory activity contracted further in July, fuelling worries that a Sino-U.S. trade war and a slowdown in China could tilt the world toward a global recession, which central banks will have to fight with depleted ammunition.



3 years ago

Thomson Reuters sales rise 9%, raises outlook

Thomson Reuters Corp on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.



3 years ago

Britain's LSE agrees $27 billion Refinitiv deal to form data giant

London Stock Exchange said on Thursday it had agreed to buy financial information firm Refinitiv in a $27 billion deal that will transform the British company into a market data and analytics giant.



3 years ago

Hugo Boss pares outlook due to tough U.S. market

Hugo Boss expects full-year sales and earnings to come in at the lower end of its forecasts due to challenges in the U.S. market, despite strong sales growth in China, the German fashion house said on Thursday.



3 years ago

BMW second quarter hit by rising costs of manufacturing, emissions

BMW stuck to its outlook even as second-quarter earnings fell 20%, hit by currency headwinds and the rising cost of manufacturing electric and hybrid cars to help the carmaker meet stricter emissions limits.



3 years ago

South Korean chip giants face 'strangling' from Japanese export curbs

South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.



3 years ago

Britain's LSE seals $27 billion Refinitiv deal to create data giant

London Stock Exchange has agreed to buy financial information business Refinitiv in a $27 billion deal, it said on Thursday, in a move to transform the British company into a market data and analytics giant.



3 years ago

Asian shares tumble, dollar firms as Fed scotches big rate-cut bets

Asian shares slipped to six-week lows on Thursday while the dollar jumped to two-year highs as the U.S. Federal Reserve rattled markets by signaling that its first rate cut in more than a decade was not the start of a lengthy easing cycle.



3 years ago