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Latest News on private equity markets

Daymond John: CEOs who want to address racial inequality should start by listening to their staff

"It starts with the systemic racism. Before you can get to help your company, you need to understand some things to make these adjustments," said "Shark Tank" investor Daymond John.

5 years ago

Trump administration orders Marriott to cease Cuba hotel business

The Trump administration has ordered Marriott International to wind down hotel operations in Communist-run Cuba, a company spokeswoman told Reuters, extinguishing what had been a symbol of the U.S.-Cuban detente.



5 years ago

Facebook's Zuckerberg promises a review of content policies after backlash

Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demonstrations protesting the death of an unarmed black man while in police custody, a partial concession to critics.



5 years ago

Oil edges higher as traders eye producer talks on extending supply cuts

Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.



5 years ago

Asian stocks set for best weekly gain in nine years, ECB stimulus boosts euro; U.S. jobs eyed

Asian stocks erased early losses on Friday and were poised for their biggest weekly rise since 2011 while the euro hovered near a 1-1/2 month high as Europe's central bank surprised with more stimulus, fuelling hopes for a global rebound.



5 years ago

U.S. unemployment rate seen near 20% as COVID slams jobs market again in May

The U.S. unemployment rate likely shot up to almost 20% in May, a new post World War Two record, with millions more losing their jobs, exposing the horrific human toll from the COVID-19 crisis.



5 years ago

Expecting a spike in bitcoin? Investors say it may take time

Investors expecting a sudden surge in bitcoin's price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coins are generated, may have to wait a few months, or perhaps a few years.



5 years ago

Australia shakes up foreign investment laws for national security

Australia announced the biggest shakeup of its foreign investment rules in almost half a century on Friday, including additional powers to force the divestment of a business if it creates a national security risk.



5 years ago

Factbox: Deals that may be affected by Australia's foreign M&A crackdown

Australia plans to give its foreign investment regulator sweeping new powers to intervene in all takeovers from overseas interests regardless of dollar value, citing security concerns.



5 years ago

Oil rises as traders await OPEC+ meeting on extending supply cuts

Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.



5 years ago

Asian stocks set for best weekly gain in nine years, U.S. jobs eyed

Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as Europe's central bank surprised with more stimulus, fuelling hopes for a global rebound.



5 years ago

Ocean shipping shrinks as pandemic pummels retailers

The $1 trillion container shipping industry is in a slowdown. Literally.



5 years ago

Japan's first-quarter GDP decline likely smaller than initial estimates on firmer capex: Reuters poll

Japan's first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still expected to slide deeper into recession this year.



5 years ago

GM Cruise tries to poach Zoox engineers as company for sale

Self-driving technology company Cruise, a unit of General Motors Co’s , is trying to poach engineers from struggling rival Zoox Inc, according to an email sent to Zoox engineers by the founder of Cruise this week.



5 years ago

Virtual certainty? Bankers ask if success of remote roadshows will last

Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock exchange?



5 years ago