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Latest News on private equity markets

Wall St. opens lower as U.S.-China trade tensions weigh

U.S. stocks fell broadly at the open on Tuesday, as Washington's new round of tariffs on some Chinese goods kicked in and after a report that officials from both sides were struggling to decide on the schedule for a meeting this month.



5 years ago

Oil drops more than 2% as trade war rumbles and output swells

Oil prices fell more than 2% on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute that has dragged on the global economy.



5 years ago

Burger King to roll out Marfrig veggie burgers nationwide in Brazil in November

Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a country-wide launch set for November, Marfrig said in a statement on Tuesday.



5 years ago

Dollar gains, world stocks tumble as trade tensions swirl

World stocks slipped and the dollar strengthened to its highest levels in more than two years on Tuesday as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen and government debt.



5 years ago

U.S. manufacturing shrinks for first time in three years

U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining as trade tensions weighed on business confidence, which could renew fears of a sharp economic slowdown.



5 years ago

Trump warns China against dragging its feet in trade talks

U.S. President Donald Trump said on Tuesday that trade talks between the United States and China were going well, though he warned that he would be "tougher" in negotiations if the discussions drag on until his second term.



5 years ago

Austria's AMS makes $4.8 billion Osram counter offer, outbidding private equity

Austrian sensor specialist AMS launched a bid for Germany's Osram on Tuesday, valuing it at 4.3 billion euros ($4.8 billion) including debt and beating an offer from private equity firms Bain Capital and Carlyle .



5 years ago

Mediaset's pan-European plan set to survive Vivendi opposition

Italian broadcaster Mediaset's plan to reorganize its businesses as part of a pan-European growth strategy is set to be approved by shareholders on Wednesday, despite opposition from the group's second biggest investor, Vivendi .



5 years ago

With contract expiration looming, UAW targets GM first for talks

The United Auto Workers union on Tuesday said that it would target General Motors Co first of the Detroit automakers for talks ahead of the current four-year contract's expiration on Sept. 14.



5 years ago

PNC Launches A Fintech Startup Inside The Bank

Forbes | Tom Groenfeldt | Sep 3, 2019 Banking incubators come in all sorts of flavors — often a program to attract outside companies and offer them mentors and perhaps some financial sponsorship for a set period working at the bank or virtually. PNC has created a startup program, numo, that functions as an internal

5 years ago

Burger King to roll out Marfrig veggie burgers nationwide in Brazil in Nov

Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a countrywide launch set for November, Marfrig said in a statement on Tuesday.



5 years ago

Executive's flight to PSA highlights Renault-Nissan tensions

A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.



5 years ago

Oil sinks as manufacturing reports renew global economy worries

Oil prices fell on Tuesday, with U.S. crude futures down more than 3%, weighed by manufacturing data that raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.



5 years ago

There's also a gender gap when it comes to financial security

Americans — especially women — are feeling less confident about their finances today than they were just a few months ago.

5 years ago

Weak factory data, trade frictions pull Wall Street lower

U.S. stocks fell on Tuesday as data showed factory activity contracted for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world's largest economy into recession.



5 years ago