Latest News on private equity markets

Uber says IRS probing its 2013-14 tax returns

The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million.



3 years ago

Wall Street gains on rate-cut hopes; tech leads rebound

U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell's said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.



3 years ago

U.S. manufacturing struggling as orders, shipments decline

New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.



3 years ago

Powell: Fed will act 'as appropriate' in face of trade, other risks

The Federal Reserve will respond "as appropriate" to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.



3 years ago

Instant View - Fed will respond 'as appropriate' to risks like trade war: Powell

The Federal Reserve will respond "as appropriate" to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.



3 years ago

Developers sue Apple over App Store practices

Two app developers on Tuesday sued Apple Inc over its App Store practices, making claims similar to those in a lawsuit brought by consumers that the U.S. Supreme Court recently allowed to proceed.



3 years ago

Wall Street rebounds on rate-cut hopes

U.S. stocks rose on Tuesday, led by a rebound in the technology sector, as Federal Reserve Chair Jerome Powell said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.



3 years ago

Effusive Trump promises Britain a "phenomenal" post-Brexit trade deal

U.S. President Donald Trump on Tuesday promised Britain a "phenomenal" post-Brexit trade deal, dismissed differences over China's Huawei and glossed over other disagreements as he heaped praise on the United States' closest ally.



3 years ago

Brexit party's Farage arrives at ambassador's residence where Trump staying: Reuters photographer

Nigel Farage, the leader of the UK's Brexit party, arrived at the U.S. ambassador's residence in London where President Donald Trump is staying during his state visit to Britain, a Reuters photographer at the scene said.



3 years ago

UK's May hasn't got credit she deserves on Brexit deal: Trump

British Prime Minister Theresa May probably has not got the credit she deserved for negotiating a Brexit deal with the European Union, U.S. President Donald Trump said on Tuesday, after May joked about Trump's advice on the topic.



3 years ago

Thousands protest against Trump in London but fewer than last year

Thousands of people protested in central London on Tuesday against U.S. President Donald Trump's pomp-laden state visit to Britain, but numbers were well down on the tens of thousands who gathered to oppose his visit last year.



3 years ago

Trump snubs UK Labour leader, calls him a "negative force"

U.S. President Donald Trump said on Tuesday he had decided not to meet opposition Labour leader Jeremy Corbyn on his trip to Britain, describing him as a "negative force".



3 years ago

There is no choice but to spend more on defense, Trump tells NATO allies

U.S. President Donald Trump said NATO allies had no choice but to increase their military spending, repeating his demand that all those in the alliance meet the target of spending 2% of GDP a year on defense.



3 years ago

Fed's Powell commits to 'act as appropriate' to defend U.S. economy

U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will "act as appropriate" in response to risks posed by a trade war, remarks that may open the door to the possibility of a rate cut.



3 years ago

Stocks gain as investors mull chances of rate cut; bond yields rise

Global stock indexes climbed on Tuesday as investors weighed the possibility of an interest rate cut from the Federal Reserve, while yields on 10-year U.S Treasuries moved higher.



3 years ago