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Latest News on private equity markets

Explainer: Advertising execs point to five ways Google stifles business

U.S. authorities investigating Alphabet Inc's Google for anticompetitive behavior have recently begun probing the company's $116 billion-a-year advertising business.



4 years ago

Trade hopes buoy Wall Street as China extends olive branch

Wall Street moved higher on Wednesday, led by tariff-sensitive technology and industrial stocks after China extended an olive branch ahead of next month's trade negotiations with the United States.



4 years ago

Stocks buoyed by trade hopes, bond yields up with ECB on deck

A gauge of global equity markets climbed on Wednesday on signs of gradual progress in the trade war between the United States and China, while bond yields rose as investors remained unconvinced what stimulus measures the European Central Bank will provide at its meeting on Thursday.



4 years ago

U.S. Trade Representative to submit USMCA ideas to Democrats: source

The Trump administration on Wednesday will submit to U.S. House of Representatives Democrats its latest proposals for addressing the lawmakers' concerns with the new U.S.-Mexico-Canada trade deal, according to a source familiar with the issue.



4 years ago

Purdue OxyContin settlement would rank among largest in pharma history

OxyContin maker Purdue Pharma LP has reached a tentative multibillion-dollar agreement with some plaintiffs aimed at settling thousands of lawsuits over its alleged role in the U.S. opioid crisis, Reuters reported on Wednesday, citing people familiar with the matter.



4 years ago

Note to Trump: Negative rates have delivered few positive results

U.S. President Donald Trump tweeted with envy on Wednesday about the ultra-low, even negative interest rates in other parts of the world, berating what he called the "boneheads" at the Federal Reserve for not following suit.



4 years ago

Hong Kong Exchange in $39 billion bid for LSE, rivaling Refinitiv deal

Hong Kong Exchanges and Clearing Ltd (HKEX) made a $39 billion takeover approach to the London Stock Exchange Plc on Wednesday, aiming to create a global trading powerhouse and thwart the latter's $27 billion acquisition of financial data provider Refinitiv.



4 years ago

Purdue Pharma reaches tentative opioid settlement with some: sources

OxyContin maker Purdue Pharma LP reached a tentative agreement with some plaintiffs to resolve litigation over its alleged role in fueling the U.S. opioid crisis and plans to tussle with states opposing the settlement offer in bankruptcy proceedings as soon as next week, people familiar with the matter said.



4 years ago

AT&T sees weakness in wireless gear unit weighing on third-quarter revenue

AT&T Inc said on Wednesday weakness in its wireless equipment unit could weigh on its third-quarter revenue.



4 years ago

Oracle CEO Mark Hurd to take leave on health grounds; misses quarterly revenue

Oracle Corp said on Wednesday Chief Executive Officer Mark Hurd would be taking a leave of absence due to health-related reasons, and the business software maker posted first-quarter revenue that missed Wall Street expectations.



4 years ago

Hong Kong Exchange faces uphill battle with $39 billion bid for LSE

Hong Kong Exchanges and Clearing Ltd (HKEX) unveiled a $39 billion takeover approach to the London Stock Exchange Plc (LSE) on Wednesday that received a cool response from investors concerned about its regulatory and financial hurdles.



4 years ago

Trump's call for negative rates threatens savers

U.S. President Donald Trump's push for low interest rates reached a new pitch on Wednesday, when he demanded the Federal Reserve take the extraordinary step of sending them below zero.



4 years ago

ECB to turn stimulus taps back on to prop up ailing economy

The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.



4 years ago

Factbox: Key ECB policymaker comments ahead of Thursday's rate meeting

The following are key comments by European Central Bank policymakers ahead of the Thursday's policy meeting, which is expected to approve a fresh stimulus package to prop up growth.



4 years ago

Trump: U.S. agrees to delay tariff hike on some Chinese goods by two weeks

U.S. President Donald Trump said on Wednesday the United States has agreed to delay increasing tariffs on $250 billion worth of Chinese imports from Oct. 1 to Oct. 15 "as a gesture of good will."



4 years ago