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Latest News on private equity markets

Here's why the student loan crisis is far worse for black borrowers

The student debt crisis has hit black borrowers especially hard.

4 years ago

Bosch sees car production falling 5% in 2019: report

Auto supplier Robert Bosch has revised its forecast for automotive production on Saturday, expecting a 5% fall this year, bigger than an earlier estimate for a 3% decline, the company's chief financial officer told Boersen-Zeitung.



4 years ago

Exact Sciences in advanced talks to buy Genomic Health for $2.8 billion: Bloomberg

Cancer diagnostics company Exact Sciences Corp is in advanced negotiations to buy healthcare company Genomic Health Inc for about $2.8 billion to strengthen its cancer testing, Bloomberg reported on Saturday.



4 years ago

Australia to 'lift veil' on Facebook, Google algorithms to protect privacy

Australia said it would establish the world's first dedicated office to police Facebook Inc and Google as part of reforms designed to rein in the U.S. technology giants, potentially setting a precedent for global lawmakers.



4 years ago

U.S. economic growth seen slowing in second quarter

The U.S. economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably offset by weak exports and business investment.



4 years ago

China probe finds FedEx may have held back over 100 Huawei packages: report

Chinese authorities investigating FedEx Corp suspect the U.S. delivery company illegally withheld more than 100 packages of Huawei Technologies and that it also violated other laws, state news agency Xinhua reported on Friday.



4 years ago

French carmaker Renault cuts 2019 revenue outlook

French carmaker Renault on Friday cut its 2019 revenue outlook, on the back of falling demand and tough conditions within the automotive industry.



4 years ago

Oil prices nudge up as geopolitical tensions counter sluggish demand

Oil prices edged higher on Friday on worries about Middle East tensions, offset by a flagging global economic growth outlook amid the U.S.-China trade war.



4 years ago

Asian shares slide as ECB holds off easing, earnings mixed

Asian share prices dropped on Friday following mixed U.S. earnings reports and after the European Central Bank disappointed those investors who had expected an immediate easing while the euro held above two-year lows struck overnight.



4 years ago

Factbox: How Australia plans to curb Facebook and Google's market power

The Australian Competition and Consumer Commission has found, after an 18-month investigation, that Google and Facebook hold enormous power in the country's online advertising and news distribution markets, and that antitrust and privacy laws have not caught up to the real world.



4 years ago

Canada's new cannabis licensing favors richer companies, experts say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, which could leave the fledgling industry dominated by companies with deep pockets or those who got a foot in the door prior to regulation changes in May, industry executives said.



4 years ago

Renault cuts revenue goal after weaker first half

Renault warned that revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.



4 years ago

Oil advances as geopolitical tensions offset slack demand

Oil prices edged higher on Friday on worries about Middle East tensions, though a flagging global economic growth outlook amid the U.S.-China trade war capped gains.



4 years ago

Renault cuts revenue goal as car industry misery spreads

Renault warned revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal.



4 years ago

Huawei's ties with partners FedEx, Flex fray on U.S.-China tensions

American delivery firm FedEx Corp likely withheld more than 100 packages of Huawei, a report said, while the Chinese tech giant also blamed U.S.-listed Flex for seizing its goods, as Sino-U.S. tensions further strain business ties.



4 years ago