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Latest News on private equity markets

Stocks rise on earnings; sterling falls

A host of upbeat earnings pushed U.S. stocks higher on Tuesday and world stocks rose in anticipation of central bank easing, while pound sterling fell on the expected confirmation of hard-Brexit advocate Boris Johnson as Britain's next prime minister.



4 years ago

EU has 35 billion-euro list if U.S. hits its cars, trade chief says

The European Union will retaliate with extra duties on 35 billion euros ($39.1 billion) worth of U.S. goods if Washington imposes punitive tariffs on EU cars, the bloc's trade chief said on Tuesday.



4 years ago

U.S. will deal with Huawei waiver applications within weeks: Ross

The Trump administration plans to handle applications from tech companies seeking waivers over Huawei Technologies Co Ltd's blacklisting within the next few weeks, U.S. Commerce Secretary Wilbur Ross told Bloomberg Television on Tuesday.



4 years ago

Sales to emerging markets a bright spot for Harley Davidson

Harley-Davidson Inc on Tuesday reported stronger sales in China and other Asian markets and said U.S. sales should improve in the second half of the year, positive news that offset a cut to its full-year motorcycle forecast and sent shares up 4.5 percent.



4 years ago

Oil slips, Brent around $63/bbl as Iran concerns fade

Oil edged down, with Brent at around $63 a barrel on Tuesday under pressure from weaker global demand forecasts and the full restart of Libya's largest oil field despite continuing supply worries stemming from Iran's capture of a British oil tanker.



4 years ago

U.S. home sales tumble as prices surge to record high

U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, indicating the housing market was struggling to regain speed since hitting a soft patch last year.



4 years ago

Upbeat earnings from Coca-Cola, United Tech lift Wall Street

U.S. stocks rose on Tuesday, boosted by upbeat earnings and forecasts from Coca-Cola and United Technologies, while a two-year debt ceiling and budget deal between President Donald Trump and Congress buoyed sentiment.



4 years ago

Wall Street approaches record high on earnings optimism

The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies, while a debt ceiling and budget deal between President Donald Trump and Congress also buoyed sentiment.



4 years ago

Elizabeth Warren introduces bill to reduce student debt for 45 million people. How it would work

Sen. Elizabeth Warren introduced a bill Tuesday that would forgive the student debt of tens of millions of Americans.

4 years ago

Lockheed to move F-35 jet parts sourcing to U.S. from Turkey

Lockheed Martin Corp said on Tuesday it was working to establish alternate supply sources for F-35 parts in the United States after the Pentagon decided last week to remove Turkey from the fighter jet program.



4 years ago

Oil flat, Brent around $63/bbl as demand concerns weigh

Oil prices were largely flat around $63 a barrel on Tuesday as expectations of lower U.S. crude supplies were offset by weaker demand forecasts and the full restart of Libya's largest oil field.



4 years ago

Bed Bath & Beyond cuts 7% of corporate staff, including COO

Furnishing retailer Bed Bath & Beyond Inc said on Tuesday its chief operating officer was departing as part of its move to cut 7% of corporate staff, following a review of office costs.



4 years ago

Colombia orders Uber to improve data security after 2016 breach

Colombia has given ride-hailing app Uber Technologies Inc four months to improve its data security, the commerce regulator said on Tuesday, after a 2016 data breach affected more than 260,000 of the South American country's residents.



4 years ago

Stocks rise on upbeat earnings, sterling drops on Brexit prospects

A host of strong earnings boosted U.S. stocks on Tuesday and world stocks edged higher in anticipation of central bank easing, while sterling fell after Brexit hardliner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.



4 years ago

White House's Kudlow hopeful on U.S.-China trade talks, agriculture buys

White House economic adviser Larry Kudlow on Tuesday said it was a good sign top U.S. officials would travel to China for in-person talks about reviving stalled trade talks, and said he expected Beijing to start buying U.S. agriculture products soon.



4 years ago