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Latest News on private equity markets

Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk, but we can go it alone.



4 years ago

HSBC says CEO John Flint to step down

HSBC on Monday said its Chief Executive Officer John Flint, 51, will step down, saying the bank needed a change at the top to address "a challenging global environment."



4 years ago

Fox Corp to take over lender Credible Labs for $397 million

U.S.-based consumer lender Credible Labs Inc said on Monday it had agreed to be bought out by broadcaster Fox Corp for about A$585 million ($397 million).



4 years ago

Elon Musk to launch China unit for tunneling company this month

Elon Musk will soon launch a China unit for his underground tunneling enterprise, The Boring Company, the billionaire entrepreneur said on Twitter.



4 years ago

Berkshire Hathaway profit falls as insurance underwriting declines

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell, as the conglomerate run by billionaire Warren Buffett reported less income from insurance underwriting.



4 years ago

Insurance, economy weigh on Berkshire Hathaway operating profit

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weaker results from insurance underwriting and a slowing economy weighed on the conglomerate run by billionaire Warren Buffett.



4 years ago

Trump defends stance on China trade after new tariffs

U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill.



4 years ago

Defrauded students are still waiting for debt forgiveness from Betsy DeVos

The Department of Education is refusing to consider defrauded students' requests for student loan forgiveness, advocates say.

4 years ago

Forget law school, these kids want to be a YouTube star

Harris Polls and toymaker Lego found that one-third of kids between the ages of 8 and 12 aspire to be either a vlogger or a YouTuber. Experts say it's part of a growing trend that stems partly from increased access to technology at younger ages.

4 years ago

Insurance, economy, tariffs weigh on Berkshire Hathaway

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett.



4 years ago

U.S. court rules against Maduro bid to oust opposition-backed Citgo board

The board of Citgo Petroleum [PDVSAC.UL] appointed by Venezuela's congress chief was properly seated, a U.S. court ruled, dealing a blow to contested Venezuelan President Nicolas Maduro's efforts to retake control of the Texas-based refiner.



4 years ago

Saudi energy minister says discussed oil markets with Russian counterpart

Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia would continue to comply with production cuts until the end of Q1 2020, he said in a tweet on Saturday.



4 years ago

Saudi energy minister says he discussed oil markets with Russian counterpart

Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia would continue to comply with production cuts until the end of Q1 2020, he said in a tweet on Saturday.



4 years ago

Toyota posts 8.7% rise in first-quarter operating profit, boosted by better sales

Toyota Motor Corp posted on Friday an 8.7% rise in first-quarter profit due to a slight increase in global vehicle sales and an improvement in marketing costs



4 years ago

Trump hits China with more tariffs, sharply escalating trade dispute

U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world's largest economies and jolting financial markets.



4 years ago