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Latest News on private equity markets

Automakers post mixed U.S. June sales; SUVs, truck sales stay strong

Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline.



4 years ago

Irish regulator opens third privacy probe into Apple

Apple's main regulator in the European Union, Ireland's Data Protection Commissioner (DPC), has opened a third privacy investigation into the iPhone maker over the last few weeks, a spokesman for the DPC said on Tuesday.



4 years ago

Huawei founder downplays effect of promised Trump reprieve: FT

U.S. President Donald Trump's move to relax a ban on Huawei Technologies Co Ltd's equipment will not have "much impact" on its business as it adjusts to a new era of American hostility, the Financial Times quoted Huawei founder Ren Zhengfei as saying on Tuesday.



4 years ago

Relief rally fades fears of expanding trade wars

The global stocks rally that followed progress on U.S.-China trade relations stalled on Tuesday, pressured by weak manufacturing data from the euro zone and the United States, and as Washington threatened additional tariffs on European goods.



4 years ago

Credit Suisse wealth boss Khan quits in pursuit of top job

Credit Suisse wealth management boss Iqbal Khan is leaving Switzerland's second-largest bank in the latest high-level departure under Chief Executive Tidjane Thiam.



4 years ago

Trump trade advisor Peter Navarro: 'Complicated' US-China deal 'will take time' to get right

"We had a deal that was over 150 pages long with seven different chapters" at the time the negotiations flamed out, Navarro says on CNBC's "Squawk on the Street."

4 years ago

Facebook's Libra cryptocurrency needs deep thought and detail: UK regulator

Facebook's fledging cryptocurrency will raise questions for both society and government that need close examination, a senior official at Britain's financial watchdog said on Tuesday, in another sign that the planned project will face deep scrutiny.



4 years ago

Bitcoin dives below $10,000, giving up some of this year's epic rally

Bitcoin plunged Tuesday to below $10,000, cratering from a 17-month high hit just four sessions ago.

4 years ago

EU leaders' tentative deal on top jobs hits opposition in parliament

French President Emmanuel Macron sought to break a deadlock over the EU's top jobs on Tuesday by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.



4 years ago

The future of finance report

Bank of England Review of UK’s financial system | By Huw van Steenis | June 20, 2019 Overview My report, The Future of Finance , looks at how the economy is changing; how finance can serve and support these changes; and what it could mean for the Bank of England. We have looked beyond the

4 years ago

Major companies call on U.S. Supreme Court to rule in favor of LGBT workers

More than 200 U.S. companies, including Amazon , Alphabet Inc's Google , and Bank of America , on Tuesday urged the U.S. Supreme Court to rule that federal civil rights law prohibits discrimination against gay and transgender workers.



4 years ago

Wall St. muted as trade optimism fades

Wall Street's main indexes were subdued on Tuesday, as a trade truce-fueled relief rally in the previous session fizzled out after the United States threatened additional tariffs on European goods.



4 years ago

Oil dives 3% on demand worries even as OPEC, allies extend cuts

Oil prices fell more than 3% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.



4 years ago

RBC analyst Mahaney downgrades Roku shares, which have nearly tripled this year

RBC Capital Markets lowered its rating Roku to sector perform from outperform after the stock has nearly tripled this year.

4 years ago

Canada aboriginal pipe dream might end Trudeau's Trans Mountain nightmare

An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists.



4 years ago