Latest News on private equity markets

Qualcomm asks appeals court to pause antitrust ruling's impact

Qualcomm Inc on Monday asked a U.S. appeals court to pause an antitrust ruling that could drastically alter its business model while it tries to overturn the ruling.



6 years ago

Oil prices ease as trade disputes outweigh supply concerns

Oil prices dipped on Tuesday on demand concerns following the latest signs the U.S.-China trade war is dragging on the global economy, although the potential for conflicts in the Middle East offered support.



6 years ago

Asia stocks fall as Fed rate cut bets dialed back, Europe to follow

Asian stocks hovered around two-and-a-half week lows on Tuesday as expectations waned for a hefty interest rate cut by the U.S. Federal Reserve later this month, while technology companies retreated on Apple Inc's overnight drop.



6 years ago

Oil slips to $64 as trade disputes outweigh supply concerns

Oil slipped to around $64 a barrel on Tuesday after fresh signs the U.S.-China trade dispute is dragging on the global economy and oil demand, outweighing OPEC supply cuts and Middle East tensions.



6 years ago

Apple's services revenue, China to power third quarter: analyst

Apple Inc will likely see a surge in services revenue in the third quarter, charged by app store developer revenue and renewed growth in China, critical areas for the future as the iPhone maker faces a maturing smartphone market, Evercore ISI said on Tuesday.



6 years ago

Deutsche Bank shares slide again on skepticism about turnaround

Deutsche Bank shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany.



6 years ago

Global stocks drop for third day, BASF warning stings Europe

World stocks fell for a third straight day on Tuesday, as a stinging warning came from German chemicals giant BASF about the effects of the global trade war and traders hedged bets on a hefty U.S. interest rate cut later this month.



6 years ago

Oil rises as supply concerns outweigh trade disputes

Oil rose above $64 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that is dragging on the global economy and oil demand.



6 years ago

Japan, South Korea step up trade dispute

Japan and South Korea ratcheted up tension on Tuesday in a diplomatic dispute that threatens to disrupt global supply of smartphones and chips, with Seoul denouncing Japanese media reports that it transferred a key chemical to North Korea.



6 years ago

South Korea rejects Japan media reports on transfer of material to North Korea

South Korea on Tuesday denied accusations in Japanese media that it had transported Japanese high-tech material to North Korea, calling for an immediate halt to such comments.



6 years ago

Bitcoin near two-week highs, fueled by hopes for Facebook's Libra

Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin.



6 years ago

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin

Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender began axing 18,000 jobs globally in one of the biggest overhauls at an investment bank since the aftermath of the financial crisis.



6 years ago

Hedge funds chart course through 'IMO 2020' storm

Shipping companies, refineries, freight derivatives or diesel cracks? Investment funds are placing their bets as the shipping sector prepares for new rules limiting sulfur emissions from ocean-going vessels.



6 years ago

Asian shares stumble as bets off on sharp U.S. rate cuts

Asian shares were a sea of red on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence.



6 years ago

China refiners curb fuel output after massive new plants stoke glut

China's fuel producers are making extended curbs to their output in the third quarter after supply from mammoth new refineries stoked an already-sizeable glut, potentially dragging on crude oil demand from the world's biggest importer of the commodity.



6 years ago