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Latest News on private equity markets

Amazon to buy Israeli startup E8 storage: media

E-commerce giant Amazon has agreed to buy Israeli storage technology startup E8 Storage, Israeli financial media reported on Wednesday.



3 years ago

Oil rises as market awaits U.S. Fed rate cut

Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will lower borrowing costs for the first time since the financial crisis more than a decade ago.



3 years ago

Analysts: Apple's earnings are 'good enough for now,' but iPhone decline 'remains unresolved'

Wall Street analysts said Apple's earnings were solid but expect more from the iPhone going forward.

3 years ago

GE CFO Jamie Miller to step down as CEO Culp moves forward with turnaround plan

General Electric says Miller will remain with the company during the leadership transition.

3 years ago

GE raises its 2019 forecast after earnings come in above expectations: 'We made steady progress'

General Electric shares rise after second-quarter earnings tops expectations and it gives a better-than-expected outlook for cash flow.

3 years ago

Wall St. rises at open on Apple boost; Fed in focus

U.S. stocks opened higher on Wednesday, lifted by Apple's shares, as the iPhone maker's upbeat earnings eased concerns over the impact of the U.S.-China trade war, while investors awaited an almost certain cut in interest rates by the Federal Reserve.



3 years ago

Space insurance costs to rocket after satellite crash

Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources say.



3 years ago

U.S. second-quarter labor costs gain smallest in 1-1/2 years

U.S. labor costs rose at their slowest pace in 1-1/2 years in the second quarter, the latest indication of benign inflation that could allow the Federal Reserve to cut interest rates on Wednesday for the first time in a decade.



3 years ago

Ryanair tells staff it has 500 pilots more than it needs

Ryanair has told its staff it has 500 more pilots and 400 more cabin crew than required and job losses will be announced in coming weeks.



3 years ago

Kraft Heinz to report half-yearly results on Aug. 8

Kraft Heinz Co said on Wednesday it would report results for the first six months of the year on Aug. 8, its first financial statement since disclosing a more than $15 billion writedown on its iconic Kraft and Oscar Mayer brands.



3 years ago

Latest U.S.-China trade talks called 'constructive' by both sides

U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that both sides described as "constructive," including discussions over further Chinese purchases of American farm goods and an agreement to reconvene in September.



3 years ago

Facebook defeats appeal in U.S. claiming it aided Hamas attacks

Facebook Inc on Wednesday defeated an appeal by American victims of Hamas attacks in Israel, who sought to hold the company liable for providing the group a social media platform to further its goals.



3 years ago

Millennial parents fight the urge to overspend on back-to-school shopping

Millennial parents are the most likely to feel social pressure to overspend on their children's back-to-school needs.

3 years ago

BlackRock raises $2 billion for Global Credit Opportunities Fund

BlackRock Inc, the world's largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Global Credit Opportunities, reflecting investor demand for alternative investments.



3 years ago

Apple lifts Wall Street higher; Fed decision on the horizon

U.S. stocks rose on Wednesday on a boost from Apple's upbeat earnings report, but a drop in chip stocks capped gains, while investors awaited a widely expected interest rate cut by the Federal Reserve.



3 years ago