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Latest News on private equity markets

Medina Mora, powerful Citigroup exec who battled scandals, dies at 69

Manuel Medina Mora, one of the most influential Mexican bankers to work on Wall Street during a long career at Citigroup Inc , has died, the bank's Mexican unit Citibanamex said on Wednesday. He was 69.



5 years ago

Dollar will be cut down to size if Fed gives in to market whims - Reuters poll

The U.S. dollar's dominance will come to an end if the Federal Reserve gives in to pressure from financial markets and President Donald Trump and chops interest rates another 50 basis points this year, a Reuters poll of market strategists showed.



5 years ago

SoulCycle, Equinox face boycott calls over investor's Trump fundraiser

Fitness chains SoulCycle and Equinox on Wednesday sought to distance themselves from a fundraiser for U.S. President Donald Trump reportedly in the works by their billionaire owner, real estate executive Stephen Ross.



5 years ago

Asia stocks take heart as Beijing limits yuan slide

Asian shares were trying to rally on Thursday after Beijing limited the fall in its yuan and provided temporary relief from fears of a global currency war, though worries about recession still lurked in the background.



5 years ago

Asia stocks take comfort in China trade data, yuan fix

Asian shares were trying to rally on Thursday as Beijing reported better trade numbers while also limiting the fall in its yuan, offering temporary relief from fears of a global currency war.



5 years ago

Investors can hide out in domestic stocks from the China trade war

As the U.S.-China trade war continues to heat up, investors might want to hide in companies with 100% domestic sales, Goldman says.

5 years ago

This will be Wall Street's new obsession as the trade war intensifies

Traders will take their cues from China's central bank and where it sets the midpoint for the yuan as U.S.-China tensions increase.

5 years ago

Air China to suspend Beijing-Hawaii route flights from August 27

Air China will suspend its flights on the Beijing-Hawaii route from Aug. 27 after a review of its network, China's flagship carrier said on Tuesday, as travel demand remains weak amid an escalating U.S.-China trade war.



5 years ago

Luxury department store Barneys files bankruptcy: NYT

U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported on Tuesday.



5 years ago

Stock losses deepen as U.S. puts yuan in crosshairs

Global stocks extended already substantial losses on Tuesday, after Washington designated Beijing a currency manipulator and further rattled fragile investor sentiment in a rapid escalation of the U.S.-China trade war.



5 years ago

Some Wall Street workers face pay slump in 2019: report

Many Wall Street workers will see their pay stay flat or decline this year, as big banks and money managers continue to cut costs, according to a report on Tuesday by compensation consultancy Johnson Associates.



5 years ago

Stocks rout deepens as U.S. sets crosshairs on yuan

Global stocks extended already substantial losses on Tuesday, after Washington tagged China a currency manipulator, shaking fragile investor sentiment in a rapid escalation of the U.S.-China trade war.



5 years ago

Luxury department store Barneys files for bankruptcy: New York Times

U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy protection to restructure its business and pursue a sale, the New York Times reported early on Tuesday.



5 years ago

China media says U.S. 'destroying international order', after currency-manipulator branding

China's official Communist Party newspaper said on Tuesday that the United States was "deliberately destroying international order", a day after Washington branded Beijing a currency manipulator in a rapidly escalating trade dispute.



5 years ago

Vivendi in talks to sell 10% of Universal Music Group to Tencent

Vivendi is in talks to sell a 10% stake in its prized and lucrative Universal Music Group (UMG) to Chinese tech group Tencent , the French media conglomerate said on Tuesday.



5 years ago