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Latest News on private equity markets

Credit Suisse defeats lawsuits over huge U.S. 'volatility' crash

A U.S. judge on Wednesday dismissed three lawsuits accusing Credit Suisse Group AG of misleading investors about a complex product for betting on stock market swings, and causing huge losses when it lost 96% of its value in one harrowing day.



5 years ago

Trump doubts Pelosi will hold USMCA vote as Democrats push impeachment

U.S. President Donald Trump voiced skepticism on Wednesday over whether House of Representatives Speaker Nancy Pelosi will hold a vote on the new U.S-Mexico-Canada trade agreement (USMCA) after Democrats opened an impeachment inquiry against him.



5 years ago

Investors like Chanos wonder if Trump's positive trade talk is ploy to distract from impeachment

Some traders are voicing skepticism over the validity of the president's claims about making progress in trade negotiations with China.

5 years ago

GM calls on Alexa to give vehicles more skills

General Motors Co will enable U.S. owners of 2018 and newer model vehicles to download Amazon.com's Alexa digital assistant software to control navigation, streaming media and phones starting next year, the companies said on Wednesday.



5 years ago

Japan trade deal opens markets for $7 billion in U.S. products: Trump

U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe announced initial details of an emerging trade deal between the two countries on Wednesday, with Trump saying it would open up Japanese markets to $7 billion worth of U.S. products.



5 years ago

Lower mortgage rates stimulate lethargic U.S. housing market

Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the sluggish housing market was starting to get a lift from lower mortgage rates.



5 years ago

Wall Street rises as investors look beyond impeachment talk

U.S. stocks rose on Wednesday as investors looked past Democrats' attempt to impeach President Donald Trump, while Nike shares jumped on upbeat quarterly results.



5 years ago

What does the future of banking look like, according to the experts?

Raconteur | Francesca Cassidy | May 1, 2019 New trends in finance, from open banking to the rise of fintech startups, are shaking the industry and putting customers at the heart of the future of banking,  What can traditional banks learn from fintechs? What Bank Leumi and Pepper teach us is that both traditional banks

5 years ago

Nio raising more cash amid cost-cutting campaign

Nio Inc, one of China’s high-profile electric car startups, disclosed a fresh money-raising push this week, saying it had issued $200 million worth of bonds and was accelerating cost-cutting programs to slow cash burn as the company seeks to attract more investors in a slumping market.



5 years ago

Trump says impeachment inquiry could derail trade deal, Mexico markets slump

U.S. President Donald Trump warned on Wednesday that an impeachment inquiry against him could derail congressional approval of a North America trade pact, dragging down Mexico's peso and stock market as investors fled riskier assets.



5 years ago

Boeing settles first Lion Air lawsuits for at least $1.2 million apiece: sources

Boeing Co has settled the first claims stemming from the crash of a Lion Air 737 MAX in Indonesia, a U.S. plaintiffs' lawyer said, and three other sources said that families of those killed will receive at least $1.2 million apiece.



5 years ago

Elliott revives call to split Marathon Petroleum into three

Elliott Management Corp on Wednesday urged Marathon Petroleum Corp to split into three companies, saying it would boost shareholder value by as much as $40 billion, three years after it asked the refiner to consider spinning off businesses.



5 years ago

Tinder owner sued for using fake profiles in ads on Match.com

The owner of Tinder and OkCupid is being sued by U.S. regulator for seeking to draw in potential subscribers with emails from fake users expressing interest in pairing up.



5 years ago

Stocks gain as investors look past impeachment risk

The S&P 500 notched its biggest daily gain in two weeks on Wednesday as investors looked past Democrats' attempt to impeach President Donald Trump, while Nike shares jumped on upbeat quarterly results.



5 years ago

Saudi Arabia consults allies on oil attack, awaits result of investigation: official

Saudi Arabia is in consultation "with friends and allies about the next steps to take" after a Sept. 14 attack on its oil facilities, but is waiting for the findings of an investigation, Saudi Arabia's Minister of State for Foreign Affairs Adel al-Jubeir told reporters on Wednesday.



5 years ago