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Latest News on private equity markets

Brent oil in bear market as China-U.S. trade tensions mount

Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and China intensified worries about weakening global demand.



5 years ago

Trump dismisses trade war fears; China warns of market chaos

U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China despite a warning from Beijing that Washington's decision to label it a currency manipulator would lead to chaos in financial markets.



5 years ago

HSBC Global Asset Management names Nicolas Moreau as CEO

HSBC Global Asset Management has appointed Nicolas Moreau as its new chief executive, the firm said in a statement on Tuesday, adding that he will join the $500 billion business in September.



5 years ago

Disney earnings miss forecasts as cost of building streaming video rise

Walt Disney Co reported a steeper earnings decline than Wall Street expected on Tuesday as the company poured money into the streaming media business it is building to challenge Netflix.



5 years ago

Factbox: Marvel, monsters and 'Mandalorian' coming to Disney+ app

Walt Disney Co is set to launch its family-friendly streaming service, Disney+, later this year with a slate of new and classic TV shows and movies, as the company founded on theme parks and big-screen movies builds a digital entertainment business.



5 years ago

Walgreens to close about 200 stores in United States

Walgreens Boots Alliance Inc said on Tuesday it plans to close about 200 U.S. stores and expects to record related pre-tax charges of between $1.9 billion and $2.4 billion.



5 years ago

FDA says some data testing Novartis' $2 million gene therapy was manipulated

The U.S. Food and Drug Administration said on Tuesday that some data from early testing of Novartis' more than $2 million gene therapy Zolgensma was manipulated, but the agency believes the treatment should remain on the market.



5 years ago

U.S. FDA says some data testing Novartis' $2 million gene therapy was manipulated

The U.S. Food and Drug Administration said on Tuesday that some data from early testing of Novartis' more than $2 million gene therapy Zolgensma was manipulated, but the agency believes the treatment should remain on the market.



5 years ago

Disney earnings miss forecasts as costs rise for its streaming future

Walt Disney Co reported a steeper earnings decline than Wall Street expected on Tuesday as the company poured money into its ambitious plunge into streaming media and began folding in assets purchased from Twenty-First Century Fox.



5 years ago

Trump dismisses fears of long-lasting trade war; China sees severe global impact

U.S. President Donald Trump dismissed fears of a protracted trade war with China on Tuesday despite a warning from Beijing that labeling it a currency manipulator would have severe consequences for the global financial order.



5 years ago

New York retail icon Barneys files for bankruptcy

Barneys New York Inc filed for bankruptcy protection on Tuesday and put itself up for sale, pushed to the brink by falling revenue and soaring rent at its stores that caused many vendors to effectively stop shipping merchandise to the luxury department store chain.



5 years ago

Walmart says Mexico same-store sales rise 2.2% in July

Walmart de Mexico, Mexico's biggest retailer, said on Tuesday that sales at stores open for more than a year in Mexico rose by 2.2% in July compared to the same month last year.



5 years ago

Twitter says it may have used user data for ads without permission

Twitter Inc said on Tuesday that it may have used data for personalized ads without a user's permission due to issues with the microblogging website's settings.



5 years ago

Disney to bundle Disney+, Hulu, ESPN+ at popular Netflix price

Walt Disney Co on Tuesday said it would offer a $13-per-month bundle of its three streaming services starting in November, a move to attract audiences who have embraced digital services such as Netflix Inc .



5 years ago

Fragile calm returns to stock markets as yuan steadies

Asian shares steadied slightly on Wednesday as investors caught their breath from a searing week-long selloff, with steps taken by Chinese authorities to contain a sliding yuan helping calm fears of a full-blown Sino-U.S. trade and currency war.



5 years ago