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Latest News on private equity markets

If you're in your 20s, forget everything you've heard about saving up for an emergency

You have to start somewhere when it comes to emergency savings. The point is to get started with any amount at all.

6 years ago

France's Le Maire urges global deal on tech tax after 'very good' proposals

France's Finance Minister Bruno Le Maire said proposals unveiled on Wednesday by the Organisation for Economic Cooperation and Development (OECD) for a global overhaul of digital taxation were "very good" and urged the body's members to reach a deal early next year.



6 years ago

Futures gain as reports fuel trade deal hopes

Wall Street was set to rise for the first time in three sessions on Wednesday after latest media reports eased concerns over escalating trade tensions between the United States and China, ahead of high-level trade talks starting Thursday.



6 years ago

Reprieve for Thomas Cook's UK stores as Hays Travel deal saves up to 2,500 jobs

Hays Travel will buy all of Thomas Cook's British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the country.



6 years ago

Wall Street opens higher as reports fuel trade deal hopes

U.S. stocks opened higher for the first time in three sessions on Wednesday, boosted by technology shares, as latest media reports raised hopes of progress in high-level trade talks between the U.S. and China, after a turbulent start to the week.



6 years ago

AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion

AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile.



6 years ago

Why Foot Locker is backing Rockets of Awesome, a start-up disrupting the kids clothing market

Rockets of Awesome, an online kids clothing store, has wooed celebrity backers and capital from Foot Locker. It is the latest e-commerce company to opt for a brick-and-mortar presence. In September it opened its first pop-up store in Manhattan.

6 years ago

U.S.-China trade war may cut global growth by half a point next year: Le Maire

The trade war between the United States and China could cut global growth by 0.5 points next year, French Finance Minister Bruno Le Maire said on Wednesday.



6 years ago

Johnson & Johnson hit as jury awards 'excessive' $8 billion in damages

Shares of Johnson & Johnson dipped 2% on Wednesday after a jury awarded $8 billion in punitive damages to a man who accused the drugmaker of failing to warn that young men using its antipsychotic drug Risperdal could grow breasts.



6 years ago

Nissan demotes former chairman Ghosn's aide Nada

Nissan Motor Co Ltd demoted senior vice president Hari Nada, a key whistleblower against former Chairman Carlos Ghosn, after an internal investigation found no evidence against the executive.



6 years ago

UPS hits the gas on greener delivery truck fleet

Starting next year, there will be a lot more "green" in those brown UPS delivery trucks.



6 years ago

Goldman Sachs is crowdsourcing start-up ideas from its 36,000 employees

Goldman's start-up factory has created about 12 businesses so far, but it's too early to say if any will truly take off.

6 years ago

Singapore overtakes the US to become world’s most competitive country, WEF says

CNBC | Chloe Taylor | Oct 8, 2019 Singapore has overtaken the U.S. to become the most competitive nation in the world, according to the World Economic Forum (WEF). In its 2019 Global Competitiveness Report, the WEF measured the strength of 103 key indicators, such as inflation, digital skills and trade tariffs, across 141 countries.

6 years ago

Small-cap stocks are primed to outperform large caps over the next 10 years

"The relative P/E today suggests that small caps should lead large caps over the next decade," says one strategist.

6 years ago

Gingko Bioworks raises $350 million fund for biotech spinouts

Biotechnology start-up Ginkgo Bioworks said on Wednesday that it had raised a $350 million fund to more easily invest in spinout ventures that use its bio-engineering technology in a variety of industries that are just starting to use cutting edge biology.



6 years ago