Latest News on private equity markets

Oil rises amid optimism over OPEC supply cuts, hopes on U.S.-China trade

Oil prices gained on Friday after OPEC's forecast for oil demand next year fueled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month.



2 days ago

Jet grounding and delays overshadow Dubai Airshow

An eight-month crisis over the grounding of Boeing's 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week's Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.



2 days ago

U.S.-China trade hopes revive stocks, protests leave scars

Hopes of a trade deal between Washington and Beijing turned world stock markets and other risk assets higher on Friday, though an escalating wave of global protests from Hong Kong to Chile left some deep scars.



2 days ago

Hong Kong confirms economy fell into recession amid protests, trade war

Hong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the escalating U.S.-China trade war.



2 days ago

Automakers around world await Trump tariff decision

Automakers around the world are awaiting a decision from U.S. President Donald Trump on whether he will impose up to 25% tariffs on U.S. car and auto part imports after a 180-day review period elapsed this week.



2 days ago

U.S. trade groups raise alarm over Canadian digital services tax

More than a dozen U.S. trade groups and the U.S. Chamber of Commerce on Friday urged the Trump administration to block a French-style digital services tax proposed by Canadian Prime Minister Justin Trudeau during October's election.



2 days ago

Apple could raise annual ad income to $11 billion by 2025: JPMorgan

The launch of Apple TV+, coupled with Apple Inc's foray into digital services, could help the company increase its income from advertising by more than five fold to $11 billion annually within the next six years, analysts from JP Morgan said on Friday.



2 days ago

Alibaba's $13.4 billion bookbuild covered multiple times: sources

Alibaba's $13.4 billion institutional bookbuild for its Hong Kong listing is already covered "multiple times," according to a message sent to investors and verified by sources with direct knowledge of the matter.



2 days ago

China's JD.com beats quarterly revenue estimates, shares rise

China's JD.com Inc beat analysts' estimates for quarterly revenue on Friday, boosted by stronger sales in its core e-commerce business, sending its shares up nearly 7% before the bell.



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Oil prices dip on concerns about rising supplies

Oil prices fell on Friday fueled by concerns about rising supplies next year, although losses were checked by signs of progress toward ending the U.S.-Chinese trade row.



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U.S. companies say consumer still strong even as broader outlook dims

Walmart became the latest company to point to a strong U.S. consumer, adding to a raft of firms in recent weeks citing healthy demand at a time when spending is seen as an increasingly key support for the economy.



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J.C. Penney quarterly loss narrows, shares rise

J.C. Penney Co Inc on Friday reported a smaller quarterly loss, as the embattled retailer benefited from lower marketing expenses and an increase in store and online selling margins, sending its shares up 10%.



2 days ago

Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

Volkswagen will invest 60 billion euros ($66.12 billion) until 2024 to develop electromobility and digital technologies, the multi-brand car and truckmaking group said on Friday.



2 days ago

Alibaba gets strong demand for $13.4 billion Hong Kong listing: sources

Alibaba's order books for its $13.4 billion Hong Kong share sale have already been covered "multiple times," sources with direct knowledge of the matter said on Friday, as the ecommerce group kicked off its campaign for the secondary listing in the city gripped by protests.



2 days ago

Restaurants remove dining rooms to speed off-site food frenzy

Restaurants are doing away with dining rooms as consumers increasingly order food deliveries through apps such as Uber Technologies Inc's Uber Eats and GrubHub Inc.



2 days ago