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Latest News on private equity markets

BAE Systems predicts 2020 growth despite Saudi ban

Britain's BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia.



5 years ago

BAE Systems CEO optimistic about future Typhoon orders

The chief executive of BAE Systems is optimistic about the future of the Typhoon fighter jet, saying that more orders were possible.



5 years ago

Daimler slims down Mercedes management in efficiency drive

German cars and trucks maker Daimler said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG.



5 years ago

Thomson Reuters close to naming ex-Nielsen president Hasker as CEO: sources

Thomson Reuters Corp is close to naming former Nielsen Holdings Plc president Steve Hasker as its next chief executive, succeeding Jim Smith, according to people familiar with the matter.



5 years ago

Swiss bank Julius Baer slammed for money laundering failures

Swiss bank Julius Baer has been reprimanded by the country's watchdog for ignoring money laundering risks in handling millions of francs of suspect payments linked to corruption in Venezuela and world soccer body FIFA.



5 years ago

EU privacy body warns of privacy risks in Google, Fitbit deal

Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding its voice to other critics of the deal.



5 years ago

UBS's tech-savvy new boss Hamers not always loved by the Dutch

Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing its position as a no-frills lender in Germany and simplifying its product portfolio.



5 years ago

Small business confidence rises, signaling a more positive outlook for the US economy

The CNBC/SurveyMonkey Small Business Confidence index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened thanks to a trade deal with China and the signing of the USMCA.

5 years ago

Shares of HNA affiliates rally after report of China bailout plan

Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.



5 years ago

Israel's Wix.com sees 2020 revenue reaching almost $1 billion

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion as it expands into the professional web creator market.



5 years ago

Virgin Galactic 'overdue' for a correction, Morgan Stanley says after 310% rally in 3 months

Virgin Galactic's monster stock rally in the past few months has taken even bullish Morgan Stanley by surprise.

5 years ago

President Trump's approval rating among small business owners hits all-time high of 64%, survey reveals

President Donald J. Trump's approval rating among small business owners hits new high of 64% post-impeachment, according to the CNBC|SurveyMonkey Small Business Survey for Q1 2020.

5 years ago

WeWork names Shyam Gidumal new COO

Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating officer, weeks after appointing real-estate veteran Sandeep Mathrani as its CEO.



5 years ago

U.S. weekly jobless claims rise modestly

The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to support the economy amid risks from the coronavirus and weak business investment.



5 years ago

The biggest things you probably don't know about Roth IRAs

Roth IRAs let you invest post-tax money toward your retirement. But many investors are confused about how to use them. These are the rules to know so you can maximize your tax-free income when you're no longer working.

5 years ago