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Latest News on private equity markets

Danish state prosecutor drops investigation of Danske Bank auditor EY

Denmark's state prosecutor has dropped its investigation into whether accountant EY breached anti-money laundering laws in connection with its audit of Danske Bank , the Danish Business Authority (DBA) said on Friday.



5 years ago

As lockdowns ease, a Bronx nail salon plans a careful reopening

When Yahaira Caraballo opened her nail salon in the Bronx, New York nearly seven years ago, it was a bare-bones shop with two nail technicians.



5 years ago

We thought too big, Renault says as it axes 15,000 jobs in cost-cutting reboot

Renault acknowledged that its global ambitions had been unrealistic, announcing plans to cut about 15,000 jobs, shrink production and restructure French plants as it pressed the reset button and sought to banish the spectre of Carlos Ghosn.



5 years ago

Oil falls but remains set for biggest monthly gain in years

Oil prices were dragged sharply lower on Friday by weak U.S. fuel demand, fears of a second wave of coronavirus cases in South Korea and a worsening in U.S.-China relations, but were still on track for a hefty monthly gain.



5 years ago

Wall Street is still in for a 'rough ride,' Jim Cramer says

"I think the 'V for victory' crowd may have gotten ahead of themselves," the "Mad Money" host said.

5 years ago

Stocks slip as investors await Trump's Hong Kong response

Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong.



5 years ago

Futures hit by Sino-U.S. tensions at the end of strong month

U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong Kong, threatening to take the shine off another month of strong gains for Wall Street.



5 years ago

Wall Street Week Ahead: Investors eye consumer discretionary stocks as U.S. reopens

Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector's hardest-hit names.



5 years ago

EU's Vestager denies making Lufthansa bailout more difficult

EU antitrust chief Margrethe Vestager denied on Friday that she was putting hurdles in the way of Lufthansa's $10 billion government rescue, saying companies getting big capital injections from the state have to offset their competitive advantage.



5 years ago

'Intensive' talks on Lufthansa with EU Commission ongoing: Germany

Berlin is in intensive talks with the European Commission over a planned bailout for flagship German carrier Lufthansa , a government spokesman said on Friday.



5 years ago

The pandemic has transformed the client-advisor experience

Martin Seay, president of the Financial Planning Association, thinks the changes financial advisors and his organization have made as a result of Covid-19 could stick long-term.

5 years ago

The best moves you can make in retirement, from people who are nailing their senior years in style

When a global pandemic crushes the stock market, try these strategies to strengthen your finances.

5 years ago

S&P, Dow open lower on jitters over Trump's China response

The S&P 500 and Dow Jones indexes opened lower on Friday as investors braced for a U.S. response to China's national security law on Hong Kong, threatening to take the shine off another month of strong gains for the stock market.



5 years ago

OPEC delivers three quarters of record oil cut in May: survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.



5 years ago

'Shark Tank' investor Kevin O'Leary says companies will 'save a ton of money' from remote working

"Productivity is significantly higher when you give people what they want," Kevin O'Leary told CNBC.

5 years ago