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Latest News on private equity markets

Saudi Aramco tells investors it's ready to go public

Saudi Aramco's CFO said the company is ready for an initial public offering, but the timing will be up to its owner, the Kingdom of Saudi Arabia.

5 years ago

U.S. transportation chief asks new FAA head to review agency in wake of 737 MAX crashes

U.S. Transportation Secretary Elaine Chao said on Monday she has asked the new head of the Federal Aviation Administration (FAA) to assess the agency's performance in the wake of two fatal crashes of Boeing Co's 737 MAX planes since October.



5 years ago

Yen, gold gain on trade war angst; Argentine peso sinks

Investors piled into gold, safe-haven yen and bonds on Monday over nagging concerns about a prolonged U.S.-China trade war and global growth, while Argentina's peso plunged 22% after voters handed its president an election mauling.



5 years ago

Tyson to rebuild plant after fire, assures weekly pay for full-time workers

U.S. meat processor Tyson Foods Inc said on Monday it will rebuild a Kansas beef plant after a fire heavily damaged the facility last week and that full-time, active employees would be paid weekly until production resumes.



5 years ago

Oregon joins states' lawsuit to block T-Mobile, Sprint merger

Oregon has joined a multistate lawsuit to block the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , the New York attorney general's office, which is leading the lawsuit along with California, said on Monday.



5 years ago

Wall Street slides on geopolitical, recession fears

U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession.



5 years ago

Investors, 'starved for returns,' flood private markets in search of high-growth opportunities

Many global investors are turning toward Silicon Valley instead of Wall Street in search of returns.

5 years ago

Colombia fines Uber more than $629,000 for obstructing regulatory visit

Colombia's commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than $629,000 for obstructing a regulatory visit in 2017.



5 years ago

Corn futures fall after USDA forecasts bigger-than-expected US crop

The U.S. corn harvest will be bigger than previously forecast, the U.S. Agriculture Department said on Monday, as the government issued a surprise boost to its yield estimate despite ongoing concerns in the country about a wet spring and dry summer limiting production.

5 years ago

The big wealth transfer is coming. Here's how to make sure younger generations are ready.

You've decided what you want to leave to your heirs, but have you looped them in on your plans? Take these steps to make sure your money lasts for generations to come.

5 years ago

Dropping Medicare for your employer's health coverage may trip you up

While you might be able to opt out of the parts of Medicare that come with a premium, the move could affect other areas of your coverage.

5 years ago

Barrick doesn't have 'for-sale' sign on Tongon, Massawa, but open to options: CEO

Barrick Gold Corp is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.



5 years ago

Morgan Stanley analysts say Fed to cut U.S. rates in September

Morgan Stanley analysts said on Monday that they now expect the U.S. Federal Reserve to cut rates in September and then again in October.



5 years ago

Wall Street falls on geopolitical tensions, recession fears

U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession.



5 years ago

Verizon to sell Tumblr to WordPress owner

Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress.com.



5 years ago