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Latest News on private equity markets

Pence upbeat that Congress will pass USMCA trade deal this year

U.S. Vice President Mike Pence on Tuesday said he believed Congress would act to pass a new U.S.-Mexico-Canada free trade agreement this year, providing important momentum for the U.S. economy.



5 years ago

Head of Russian shipping giant Sovcomflot to step down -deputy PM's office

The chief executive of Russian state-controlled shipping giant Sovcomflot, Sergei Frank, will step down after 15 years in office, the office of Deputy Prime Minister Maxim Akimov said in a statement on Tuesday.



5 years ago

Yemen Houthi drones, missiles defy years of Saudi air strikes

At a weapons exhibition in July in Yemen's Houthi-controlled capital Sanaa, military officials whipped silken sheets off what they said were newly-developed drones and missiles.



5 years ago

From underpants to oat drink makers, Citigroup courts startups for growth

At an event hosted by Citigroup Inc this month, its dealmakers sat executives from major consumer-product companies alongside rivals trying to disrupt their businesses.



5 years ago

Oil down as Saudi output restored; stocks steady as Fed meets

Oil prices dropped sharply on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production after having been hit by an attack this weekend that shut 5% of global oil output.



5 years ago

Oil output will be fully back online by end of September, Aramco IPO on track, Saudis say

Half of Saudi Arabia's crude production cut during Saturday's attack has been restored in the past two days, the kingdom's energy minister said Tuesday.

5 years ago

Viacom CEO says new streaming services are boosting demand

Viacom chief executive officer Bob Bakish says he's not worried about competition in the streaming space, on the heels of its merger with CBS.

5 years ago

Viacom CEO Bakish sees CBS deal closing in December, 'disappointed' by stock reaction

Bob Bakish, the head of a newly combined CBS and Viacom, said he was "disappointed" by both stocks' reaction to the recent deal.

5 years ago

Wall Street rises as oil fears recede, market awaits Fed

Wall Street ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded and investors awaited a widely expected Fed interest rate cut on Wednesday.



5 years ago

Oil falls as supply worries fade; stocks edge higher

Oil prices dropped sharply on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil supply following an attack over the weekend that shut 5% of global oil output.



5 years ago

Adobe fourth-quarter revenue forecast disappoints; shares drop

Adobe Inc on Tuesday forecast fourth-quarter revenue below Wall Street expectations as the software maker faces intense competition in a fast-growing cloud market, sending shares down 4.3% in after-market trading.



5 years ago

Saudi oil attacks came from southwest Iran, U.S. official says, raising tensions

The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, an assessment that further increases tension in the Middle East.



5 years ago

Big banks score win as U.S. regulator proposes easing post-crisis derivatives rules

A U.S. banking regulator on Tuesday proposed easing a rule requiring banks to set aside cash to safeguard derivatives trades between affiliates, marking one of the biggest wins for Wall Street lenders under the business-friendly Trump administration.



5 years ago

UK urges collective response to attacks on Saudi oil facilities

British Prime Minister Boris Johnson told Saudi Arabia's Crown Prince Mohammed bin Salman on Tuesday that there should be a collective response to attacks on the country's oil facilities.



5 years ago

Why venture capital firms need more women partners and entrepreneurs

Globe and Mail | Lauren Robinson | Sep 12, 2019 Lauren Robinson is general partner at Highline BETA and executive director at Female Funders For decades the research has been clear: businesses benefit from gender diversity. Women are starting businesses at a faster rate than ever before, and leadership teams that include women provide better

5 years ago