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Latest News on private equity markets

Wall Street dips at open on weak Chinese data; tariff deadline looms

U.S. stocks opened slightly lower on Monday, as weak data from China rekindled fears of a slowdown in the world's second-biggest economy, while investors looked for any positive news on trade talks ahead of a tariff deadline later in the week.



4 years ago

Exclusive: Hyundai's $1.8 billion deal with Daewoo faces EU probe - sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday. 



4 years ago

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims

PG&E Corp said https://www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the settlement of claims from victims of some of most devastating wildfires in California's modern history.



4 years ago

Flying cars could lure investors away from ground-based services: survey

Electric air taxis — known colloquially, if somewhat misleadingly, as "flying cars" — could draw millions of investor dollars away from ground-based transportation start-up firms in 2020, according to a study released on Monday.



4 years ago

S&P 500, Nasdaq edge higher; tariff deadline in focus

The S&P 500 and Nasdaq indexes edged higher on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on Chinese imports kick in on Dec. 15.



4 years ago

Cramer: Investors are not prepared for Trump walking away on China trade, but they should be

President Trump feels "prodded by the Chinese, humiliated," says Cramer, pointing to what he calls the latest "provocation" from Beijing.

4 years ago

Xerox expects revenue growth of up to $1.5 billion with HP takeover

Xerox Holdings Corp expects its proposed acquisition of personal computer company HP Inc to result in sales growth of as much as $1.5 billion for the combined company, according to a presentation by the printer maker.



4 years ago

Exclusive: Hyundai's $1.8 billion shipbuilding deal with Daewoo faces full EU probe - sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion merger with rival shipbuilder Daewoo will face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday. 



4 years ago

Intel creates chip to control quantum computers

Quantum computers aim to carry out tasks in just a few minutes that would take today's best conventional computers thousands of years. But in nearly every photograph of the devices, there's a tangle of wires in the background connected to equipment that controls the quantum computer.



4 years ago

Wall Street treads water with tariff deadline in focus

Wall Street's main indexes treaded water on Monday, with investors keeping a close watch on headlines around U.S.-China trade as planned tariffs on Chinese imports kick in on Dec. 15.



4 years ago

Canada to present fiscal update before Christmas: finance minister

Canada's new minority Liberal government will present a fiscal update before the Christmas break, although no date has been set, Finance Minister Bill Morneau said on Monday.



4 years ago

Nokia halts legal action against Daimler with mediation offer in patent row

Finnish telecoms equipment maker Nokia has suspended legal action against German carmaker Daimler in the hope that mediation will resolve their dispute over technology licensing fees.



4 years ago

The Enterprise Automation Imperative—Why Modern Societies Will Need All the Productivity They Can Get

ITIF | Robert D. Atkinson and David Moschella | November 12, 2019 Contrary to common belief, enterprise automation is not a cause for alarm, but instead a societal imperative. Modern nations will need all the productivity they can get to address today’s ever-more-resource-constrained challenges. Key Takeways Increased automation can significantly boost societal productivity, which would

4 years ago

'It's time:' Mexico urges Pelosi to act on North American trade deal

Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House of Representatives Speaker Nancy Pelosi to make a decision about the United States-Mexico-Canada Agreement, saying it was time to move forward with the trade deal.



4 years ago

Walmart Chile pulls court requests for police protection, but warns looting continues

Walmart in Chile on Monday pulled requests it filed earlier with Chilean courts demanding police protection for its supermarkets, but said looting of its stores continued and that the situation following weeks of unrest remained "complex."



4 years ago