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Latest News on private equity markets

Signs of price truce push Lyft, Uber higher

Lyft Inc's hints that its cut-throat rivalry with U.S. ride-hailing rival Uber Inc is easing may prove bad news for customers but it sent shares in both companies sharply higher on Thursday.



5 years ago

What you should do now to avoid a tax surprise next year

If you wound up owing the taxman last year, you're running out of time to avoid a repeat next spring. Here's what you should know.

5 years ago

Equinor's power and gas trading unit expands to the U.S.

Danske Commodities, a power and gas trading firm owned by oil major Equinor , has expanded its operations to the United States, completing its first trade on the PJM wholesale power market, it said on Thursday.



5 years ago

Barclays declares 'industrial recession,' warns sales forecasts still too upbeat

Barclays declared "we are in an industrial recession" with nearly one-third of the sector reporting sales declines for the second quarter.

5 years ago

Oil rises due to firm yuan, expectations of more OPEC cuts

Oil jumped more than $1 a barrel on Thursday due to expectations that falling prices may lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.



5 years ago

Wall Street opens higher on upbeat China data, firming yuan

U.S. stocks opened higher on Thursday, as better-than-expected trade data from China and a steadying of its currency offered some comfort to investors rattled by an escalation in trade tensions and signals pointing to a recession.



5 years ago

Retiring overseas? How Medicare may (or may not) fit into your plans

Depending on how long you remain overseas and whether you have qualifying insurance there, it might make sense to be on Medicare.

5 years ago

JP Morgan: 'Defense is a haven again,' buy while global uncertainty persists

Aerospace and defense stocks are a good entry point into the market amid a confusing macroeconomic landscape, according to J.P. Morgan.

5 years ago

U.S. weekly jobless claims fall; labor market strong

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing.



5 years ago

Viacom stages U.S. ad rebound as CBS talks continue

Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon cable networks, beat estimates for quarterly revenue and profit on Thursday, as it posted rare growth in domestic advertising revenue after five years of declines.



5 years ago

Ryanair takes legal action against outgoing COO Bellew

Ryanair has launched legal proceedings against its outgoing Chief Operations Officer (COO) Peter Bellew, whom low cost rival easyJet announced last month it had poached, Irish courtĀ filings showed.



5 years ago

Wall Street gains on upbeat data, firming yuan

U.S. stocks rose on Thursday as better-than-expected domestic and Chinese data as well as a steadying yuan offered some comfort to investors rattled by an escalation in trade tensions.



5 years ago

U.S. June wholesale inventories revised lower

U.S. wholesale inventories were revised lower to show them unchanged in June, indicating a slowdown in the pace of inventory accumulation that could further weigh on economic growth.



5 years ago

Glencore Zambian unit closes two mine shafts; opposition sees 1,400 job cuts

Glencore's Mopani Copper Mines in Zambia has closed two shafts at its Nkana mine, the company said on Thursday, a move that an opposition leader said had led to 1,400 job losses.



5 years ago

Petition by Walmart employee to protest gun sales gathers over 45,000 signatures

A petition started by a junior Walmart Inc worker in California to protest the retailer's sale of firearms, following two mass shootings over the weekend left 31 people dead in Texas and Ohio, has gathered more than 45,000 signatures.



5 years ago