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Latest News on private equity markets

British billionaire Dyson snaps up Singapore's priciest penthouse

British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build an electric car.



4 years ago

Apple starts China app development program in services business push

Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker's efforts to build out its services business in one of its most critical overseas markets.



4 years ago

Fed chief likely to focus on trade-inspired policy shift in testimony

The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers' gut instincts about where the economy was heading.



4 years ago

Corporate activist Elliott outspending rivals: Lazard data

Elliott Management Corp, Paul Singer's $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this year.



4 years ago

Oil rises on falling U.S. stockpiles, Gulf storm forecast

Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.



4 years ago

Oil gains after U.S. stockpiles drop, rigs evacuated

Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated rigs in the Gulf of Mexico ahead of a brewing storm.



4 years ago

China June exports seen falling, adding to fears of global slowdown: Reuters poll

China's exports likely fell in June as weakening global demand and a sharp hike in U.S. tariffs took a heavier toll on the world's largest trading nation, a Reuters poll showed.



4 years ago

Euro zone sees economic outlook worsening amid uncertain U.S. trade policy

The European Commission lowered its forecast on Wednesday for the euro zone economy next year, saying that uncertainty over U.S. trade policy posed a major risk to the bloc.



4 years ago

Bond yields creep higher as markets wait for Fed signals

Shares were treading water on Wednesday while rising Treasury yields kept the dollar steady, as investors waited to hear whether the world's most powerful central banker would confirm or confound expectations for a U.S. rate cut this month.



4 years ago

UK watchdog says all top accountants fail audit quality test

All of Britain's leading accounting firms have failed to hit quality targets set by their regulator for auditing company books for the second year in a row, with Grant Thornton and PwC singled out to join KPMG under tougher supervision.



4 years ago

Kremlin says Rosneft's dispute with Transneft not a matter for Putin

The dispute between Rosneft and Transneft is not a matter for Russian President Vladimir Putin to intervene in because it is a corporate matter, Kremlin spokesman Dmitry Peskov said on Wednesday.



4 years ago

Japan curbs could drag on, hurt global economy: Moon

Japan's export curbs on key materials used by South Korean tech companies could drag on despite diplomatic efforts to end the dispute, South Korea's president said on Wednesday, pledging to help firms to reduce their reliance on Japanese suppliers.



4 years ago

Superdry warns of long road to recovery as slashes store value

The founder of Superdry warned the revival of the struggling British fashion group would be a long haul after a 130 million pound ($161 million) charge for poorly performing stores pushed it into an annual loss, sending its shares lower.



4 years ago

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc.



4 years ago

Aggressive U.S. energy policy tests ties with European allies

For the administration of President Donald Trump, a policy of "energy dominance" means reducing dependence on imported oil and promoting exports to boost the national economy and Washington's political influence overseas.



4 years ago