Latest News on private equity markets

Saudi Aramco confident Khurais full output to resume by end-September

Saudi Aramco is confident full production will resume by the end of September from Khurais, one of two oil sites attacked on Sept. 14, a company executive said on Friday.



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Saudi Aramco books European naphtha for Asia after attacks

Saudi Aramco has booked at least 120,000 tonnes of naphtha for September loading from Europe in a rare move as it seeks to plug a supply gap following attacks on its oil facilities on Saturday, industry sources said.



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Wall Street opens slightly stronger amid stimulus hopes, easing trade tensions

U.S. stocks opened marginally higher on Friday as an interest rate cut by China's central bank and signs of co-operation on trade between the world's two largest economies allayed concerns about a slowdown in global growth.



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Commerzbank planning to cut 4,300 jobs as part of strategic review

Commerzbank announced on Friday it was planning to cut jobs and reduce branches as part of an overhaul and review of its strategy.



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Trump tweetstorm hasn't slanted view of Fed : Reuters poll

President Donald Trump's barrage of tweets blasting the U.S. Federal Reserve appears to have been ignored by both Republicans and Democrats who largely see the central bank as neutral in its decision making, according to results of a new Reuters Ipsos poll.



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Europe's China telecoms gear ban would cost industry $3.5 billion: report

Replacing Chinese telecoms equipment would cost European telecom operators about $3.5 billion, a report by industry research firm Strand Consult predicted on Friday, far lower than the figure a lobby group came up with.



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Fed's Rosengren says interest rate cuts are 'not costless'

Boston Federal Reserve Bank President Eric Rosengren, who dissented from the central bank's decision to cut interest rates earlier this week, repeated on Friday that monetary stimulus was not needed for the U.S. economy and posed its own problems.



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U.S. federal funds rate fell below top-end of Fed's target

The average interest rate on what the banks charge each other to borrow reserves overnight on Thursday fell below the upper-end of the Federal Reserve's target range for the first time this week in the aftermath of turmoil in money markets.



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The newest workplace perk looks a lot like a payday loan

Roughly 12% of companies are offering accelerated pay as another way of luring job candidates as wages remain relatively stagnant.

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Nannocare on StartEngine

"Offering women a revolutionary alternative to the out-dated menstrual products on the market today. Our Nannogenic technology uses far infrared energy, generated by the body, and safely concentrates it back into the pelvic area - improving blood circulation and relieving discomfort. Plus, we’re creating eco-friendly products with an aim to help the environment."


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Liberty Access Technologies on StartEngine

"Liberty makes electric vehicle charging systems specifically for workplaces, schools and the new generation of electric school buses and delivery vans. Our HYDRA-RX AC Fast Charger Controller produces quick charging times at a fraction of the cost of DC Fast Chargers, enabling schools to convert more quickly to electric buses. Liberty already has an established [...]


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Locai Solutions on SeedInvest

"locai: Redefining digital grocery by providing grocers with a suite of applications with personalization at its core powered by proprietary AI. Through its personalization engine, locai enables grocers to engage their shoppers and maximize their revenue."


The post Locai Solutions on SeedInvest appeared first on Crowditz.


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Undeterred, Facebook to press on with Libra launch next year: executive

Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite authorities around the world pouring cold water on the plans.



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Taiwanese businesses look to India as alternative to China

Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States' trade war with China has pushed its companies to look for newer markets, two officials said on Friday.



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Trump: U.S. is making a lot of progress with China

President Donald Trump told reporters on Friday that the United States is making a lot of progress with China, as two of the world's biggest economies work toward resolving their protracted trade dispute.



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