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Latest News on private equity markets

Shares, dollar rebound on thaw in U.S.-China trade war

U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth.



5 years ago

Tech leads Wall Street higher as tariff delay sparks rally

U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally.



5 years ago

ViacomCBS is just the beginning of Shari Redstone's media deals

More than two months before CBS Corp and Viacom Inc succeeded at a third attempt to recombine, controlling shareholder Shari Redstone had already decided the new company needed to get bigger.



5 years ago

Google, Facebook, Amazon to testify in U.S. against French digital tax

Alphabet Inc's Google unit, Facebook Inc and Amazon.com Inc are among the companies that will testify Monday at a U.S. government hearing on the French government's digital services tax.



5 years ago

Trump delays tariffs on Chinese cellphones, laptops, toys; markets jump

U.S. President Donald Trump on Tuesday backed off his Sept. 1 deadline for 10% tariffs on remaining Chinese imports, delaying duties on cellphones, laptops and other consumer goods, in the hopes of blunting their impact on U.S. holiday sales.



5 years ago

U.S. FTC chief says regulator is prepared to break up big tech firms: Bloomberg

The U.S. Federal Trade Commission is prepared to break up major technology companies if necessary by undoing past mergers, Chairman Joe Simons said in an interview with Bloomberg published on Tuesday, as the regulator probes anti-competitive practices in the sector.



5 years ago

U.S. SEC to consider new guidance on investor use of proxy advisors

The U.S. Securities and Exchange Commission (SEC) on Tuesday said it would hold a meeting next week on whether to publish new guidance regarding the responsibilities of investors when relying on so-called proxy advisors.



5 years ago

CBS, Viacom reunite with plans for bigger role in streaming TV wars

CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire, betting that a larger company will be able to compete and partner better in a media industry dominated by giants.



5 years ago

Factbox: Merged CBS and Viacom aim to join U.S. media big league

CBS Corp and Viacom Inc on Tuesday reached a deal to reunite media mogul Sumner Redstone's U.S. entertainment empire after 13 years apart.



5 years ago

Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught

Hong Kong's biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world's most profitable banking markets.



5 years ago

Stocks bounce, safe havens retreat as Trump delays China tariff

Asian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some Chinese imports in much-needed relief for markets gripped by political and economic turmoil.



5 years ago

U.S. aviation regulator bans select MacBook Pro laptops from flights

U.S. Federal Aviation Administration (FAA) has banned certain models of Apple Inc's MacBook Pro laptops on flights, after the company recalled select units which had batteries posing fire risks.



5 years ago

Asian stocks bounce in relief as Trump delays China tariffs

Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil.



5 years ago

Mass shootings boost interest in active shooter insurance

The chances of a violent event while you're outside are high enough that a new insurance product has emerged: active shooter coverage.

5 years ago

African Americans underserved by U.S. banks: study

Many African Americans have difficulty accumulating savings in part because they lack access to mainstream financial services like banking, a new study on the contributing factors to the U.S. racial wealth gap by McKinsey & Co found on Tuesday.



5 years ago