JPMorgan confirms winning bid to take majority stake in China fund JV
JPMorgan confirmed it had won an auction to hold a majority equity stake in its Chinese asset management joint venture (JV), becoming the first foreign firm...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Japan's FTC investigating Apple over pressure on parts makers: Mainichi
Japan's Fair Trade Commission is investigating Apple Inc over its pressure on Japanese parts makers and whether it abused its position of power in violation of...
Big U.S. investors use summer sell-off to ramp up bets
The summer sell-off is finally here - and not all U.S. investors are rattled by it.
Two Democratic senators question Pentagon delay on cloud contract
Two Democratic senators asked U.S. Defense Secretary Mark Esper on Monday if "outside" influence caused him to delay awarding a $10 billion cloud computing contract, after...
S&P 500 futures fall after U.S. Treasury calls China currency manipulator
S&P 500 futures dropped 1.2% late on Monday after the U.S. Treasury Department labeled China as a currency manipulator.
Bosch sees sales stagnating in 2019: CEO in Sueddeutsche Zeitung
Automotive supplier Bosch expects sales to stagnate this year, its chief executive told a German newspaper, blaming the worsening outlook in the car industry that has...
Tyson Foods hits record high after beating estimates, prepares for China profit boost
Tyson Foods Inc reported better-than-expected quarterly earnings on Monday and reaffirmed expectations it will profit from the spread of a fatal hog disease in China, sending...
Walmart says no change in company firearms sales policy since El Paso shooting
Walmart Inc , the largest firearms retailer in the country, said on Monday there has been no change in company policy on firearms sales after two...
Markets brace for volatility surge as currencies enter trade war
China's decision to let its yuan plunge through a previously sacrosanct level means a tit-for-tat trade conflict could morph into a currency war, injecting volatility into...
Stocks sink on trade fears as yuan slumps to a decade low
Stock markets around the world fell hard and the Chinese yuan weakened to an 11-year low on Monday as fears of an escalation in the U.S.-China...
Wall Street slumps as yuan slide intensifies trade angst
Wall Street's main indexes fell sharply on Monday, with the Dow Jones Industrial Average tumbling more than 500 points, as China's willingness to let the yuan...
'I thought the market would be down more' — Cramer says he's not running away from stocks yet
'Not everything should be thrown out here" on China's currency devaluation and subsequent plunge on Wall Street, says CNBC's Jim Cramer.
Wall Street slips at open as yuan slide deepens trade fears
U.S. stocks opened lower on Monday, extending a sell-off from last week, weighed down by a drop in technology shares and as China's yuan hit its...
Tesco to cut around 4,500 jobs in Metro restructuring
Tesco , Britain's biggest retailer, plans to cut around 4,500 jobs as part of a restructuring of its Metro stores in the latest blow to the...
How Jack Ma’s $290b SME credit engine is changing Chinese banking
Deal Street Asia Bloomberg News July 28, 2019 Jack Ma’s online bank is leading a quiet revolution in the way China lends to small businesses, taking...