Latest News on private equity markets

U.S. charges another ex-JPMorgan executive with alleged market manipulation

The Department of Justice has charged another former JPMorgan Chase & Co executive with alleged racketeering and manipulating precious metals prices between 2008 and 2016, the latest in a string of similar prosecutions.



2 days ago

U.S. FAA regulator head tells team to 'take whatever time needed' on 737 MAX

The head of the U.S. Federal Aviation Administration has told his team to "take whatever time is needed" in their review of Boeing Co's 737 MAX, according to a Nov. 14 memo and video message reviewed by Reuters.



2 days ago

U.S. to extend license allowing its cos to continue business with Huawei: NYT

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported https://nyti.ms/2OcpWYo on Friday, citing people familiar with the deliberations.



2 days ago

Ford's UAW members vote to ratify new four-year contract

The United Auto Workers union said on Friday that rank-and-file members at Ford Motor Co have voted in favor of a new four-year labor contract with the No. 2 U.S. automaker.



2 days ago

Microsoft to probe work of Israeli facial recognition startup it funded

Microsoft Corp has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed by an Israeli startup it funded complies with its ethics principles, the company said on Friday.



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U.S. to extend license allowing its companies to continue business with Huawei: New York Times

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported https://nyti.ms/2OcpWYo on Friday, citing people familiar with the deliberations.



2 days ago

U.S. to extend license for its companies to continue business with Huawei: sources

The Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said.



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US defense chief says cloud contract was fair, despite Amazon challenge

U.S. Defense Secretary Mark Esper said on Friday the Pentagon awarded Microsoft Corp an up to $10 billion cloud computing contract after a fair competition, after Amazon.com Inc announced plans to challenge it over alleged bias.



2 days ago

Stocks cheered by trade deal hopes but caution prevails

Asian stocks jumped on Friday, lifted by White House comments that suggested the possibility of an imminent trade deal between Washington and Beijing, which revived hopes that their tariff war may be nearing an end.



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U.S. defense chief rejects Amazon's accusations of bias in cloud contract

U.S. Defense Secretary Mark Esper on Friday rejected any suggestion of bias in a Pentagon decision to award Microsoft Corp an up to $10 billion cloud computing contract, after Amazon.com Inc announced plans to challenge it.



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Deere workers grapple with fallout from Trump's trade war

Devin Spencer has been on edge ever since Deere & Co. laid off dozens of his colleagues at its Harvester Works plant in western Illinois due to dwindling demand for farm combines.



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Explainer: Why is Alibaba listing in Hong Kong?

Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest deal in the city since 2010 and the world's biggest ever cross-border secondary listing.



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Hong Kong's cash pool tightens as Alibaba primes for $13 billion listing

Alibaba Group's $13.4 billion Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.



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AirAsia to sell tickets on other airlines as part of online push

Malaysian budget carrier AirAsia Group Bhd said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.



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South Africa's SAA workers start strike that could cripple airline

Workers at South African Airways (SAA) downed tools on Friday in a strike over wages and job cuts that has forced the troubled state-owned carrier to cancel all flights and left its future hanging in the balance.



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