Latest News on private equity markets

Defying Trump, Britain's Johnson gives Huawei restricted 5G remit

Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company from next generation communications over fears Beijing could use them to spy.



18 hours ago

Intelligence sharing will not be put at risk by Huawei decision-UK's Raab

Britain's Foreign Secretary Dominic Raab said intelligence sharing would not be jeopardized by Tuesday's decision to allow China's Huawei [HWT.UL] a role in building the country's 5G telecoms network.



18 hours ago

In post-repo squeeze twist, Fed may nudge up interest paid to banks

One potential side effect of the U.S. Federal Reserve's efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing rates: The central bank may soon have to take measures to keep interest rates from getting too low.



18 hours ago

3M ramps up production of masks to meet coronavirus demand

3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to coronavirus.

18 hours ago

Adidas to launch new fabrics from recycled ocean plastic, polyester

Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative, the sportswear firm said on Tuesday.



18 hours ago

Brent crude steadies just under $60/bbl, China oil demand in focus

Oil futures steadied somewhat on Tuesday after a five-day losing streak as OPEC sources said the group and its allies might tighten the market amid fears that the coronavirus, which has claimed over 100 lives in China, could weigh on oil demand.



18 hours ago

Here's how to make the most of the tax break for medical expenses — if you can get it

While there are a few hurdles you need to clear to use the tax break for medical expenses, anyone with high health care costs may want to see if it's available to them.

18 hours ago

Crude prices bounce up with U.S. stock markets after virus-related selloff

Oil futures edged up on Tuesday after falling for five days, bouncing up with Wall Street, and crude also drew support from talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand.



18 hours ago

Defying Trump, UK's Johnson refuses to ban Huawei from 5G

Prime Minister Boris Johnson granted Huawei a limited role in Britain's 5G mobile network on Tuesday, frustrating a global attempt by the United States to exclude the Chinese telecoms giant from the West's next generation communications.



18 hours ago

Huawei decision could "greatly complicate" a U.S.-Britain free trade agreement: Graham

Britain's decision to give Chinese telecoms giant Huawei [HWT.UL] a limited role in building its 5G networks could greatly complicate a free trade agreement with the United States and jeapordize intelligence sharing with one of its closest allies, Republican U.S. Senator Lindsey Graham said on Tuesday.



18 hours ago

No threats to break UK intellgence ties after 5G decision: security source

There have been no threats from other countries' intelligence agencies to break ties with Britain after it announced it would grant Huawei a limited role in its 5G mobile network, a British security source said on Tuesday.



18 hours ago

3M CEO: 'We're going 24/7' to ramp up production of masks to meet coronavirus demand

3M CEO Mike Roman said the company is seeing increased demand for its respiratory protection products due to China's coronavirus outbreak.

18 hours ago

Here's how to financially prepare your family for the worst-case scenario

You've been building up your emergency fund, painstakingly paying off debt and even putting away a few dollars for your child's education. The next step is to protect it all with life insurance. Where to get started.

18 hours ago

Factbox: Huawei's involvement in other countries' telecoms networks

Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain's 5G mobile network on Tuesday, defying U.S. pressure to exclude the Chinese company from next-generation communications over fears Beijing could use them to spy.



18 hours ago

Wall Street rebounds as tech, financials surge

U.S. stocks rose on Tuesday as gains in technology and financial sectors helped major indexes recover from their worst selloff in about four months on worries over a coronavirus outbreak and its impact on the global economy.



18 hours ago