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Latest News on private equity markets

Stocks sink on dismal euro zone data, dollar gains

The dollar edged higher while global shares slid on Monday as euro zone equities clocked their worst day in a month after dismal business activity readings in Europe deepened fears of a looming recession there.



5 years ago

Wall Street ends flat as mixed economic data fuels caution

U.S. stocks barely budged on Monday, with gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war.



5 years ago

Lockheed wins NASA contract worth up to $4.6 billion

Lockheed Martin Corp has been awarded a NASA contract worth up to $4.6 billion to build Orion astronaut capsules, NASA said on Monday.



5 years ago

Oil rises about 1% on concerns about return of Saudi output

Oil ended about 1% higher on Monday after a volatile trading session as traders focused on when Saudi Arabia would be able to restore full output following the Sept. 14 attack on its facilities.



5 years ago

Thomas Cook's Nordic unit to carry on after parent company's collapse

Thomas Cook's Nordic business, the Ving group, will continue operations as normal from Tuesday despite the collapse of the parent company on Monday, it said.



5 years ago

Canada says officials did not act improperly when arresting Huawei CFO

There is no evidence Canadian border officials or police acted improperly when Huawei Chief Financial Officer Meng Wanzhou was detained and arrested at Vancouver's airport nearly 10 months ago, the Attorney General of Canada said in a filing released on Monday.



5 years ago

Wall Street ends flat as mixed economic data signals caution

U.S. stocks barely budged on Monday, with slight gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war.



5 years ago

U.S. Fed policymakers say lower rates are helping

The Federal Reserve has delivered a boost to the economy this year not only with interest-rate cuts but also because it shifted away from its earlier view that it would need to raise rates in 2019, two Fed policymakers said on Monday.



5 years ago

U.S.-China trade talks to resume next week after farm trip canceled: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Monday that U.S.-China trade talks will resume next week in Washington, adding that the Trump administration requested that Chinese officials cancel a visit to U.S. farming regions.



5 years ago

Trump's tweets threaten Fed's independence, push rate expectations lower: study

Interest rate futures traders believe the U.S. Federal Reserve will bow to President Donald Trump's persistent tweets pressuring the central bank to lower interest rates, and this poses a "significant" risk to Fed independence, according to research released on Monday.



5 years ago

Tesla's Musk pushed for SolarCity deal despite major cash crunch: lawsuit

Tesla Inc Chief Executive Elon Musk urged investors to approve the 2016 purchase of SolarCity at a big premium to its market value despite knowing the solar installer faced a cash crunch and publicly stating he had recused himself from involvement in the deal, according to court documents unsealed on Monday.



5 years ago

UBS, Banco do Brasil to create investment banking venture in South America

Switzerland's UBS Group AG and state-controlled Banco do Brasil SA signed a preliminary agreement on Monday to create a joint venture in investment banking in South America, the Brazilian bank said in a securities filing.



5 years ago

FAA chief invites Boeing 737 MAX feedback from divided world regulators

The U.S. Federal Aviation Administration invited continued feedback from global regulators at a Boeing 737 MAX briefing on Monday about the steps needed to return the grounded passenger jet to flight after two fatal crashes.



5 years ago

Trump questions Mnuchin over request Chinese delay U.S. farm trip

U.S. President Donald Trump on Monday questioned a decision by his top trade negotiators to ask Chinese officials to delay a planned trip to U.S. farming regions after trade talks last week, saying he wanted China to buy more American farm products.



5 years ago

Fox Corp's Rupert Murdoch gets paid $42.2 million in 2019

Fox Corp Chairman Rupert Murdoch was paid $42.2 million in fiscal 2019, lower than last year, following the media company's sale of its film and TV assets to Walt Disney Co .



5 years ago