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Latest News on private equity markets

Oil steadies around levels prevailing before U.S.-Iran attacks

Oil prices steadied on Thursday after the previous session's sharp losses on the back of swelling U.S. crude stocks and easing fears of an escalation in conflict between the United States and Iran.



5 years ago

Democratic lawmaker rebukes Wells Fargo rebate request

Democratic Representative Katie Porter, a first-term lawmaker known as a tough Wall Street critic, accused Wells Fargo & Co of passing on costs associated with its wide-ranging scandals to third parties, in a scathing letter sent to the bank's new chief executive on Thursday.



5 years ago

First Abu Dhabi Bank to auction Al Jaber's Dubai Shangri-La hotel: sources

First Abu Dhabi Bank (FAB) has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber with a starting price of 700 million dirhams ($190.59 million), two sources said.



5 years ago

Apple's iPhone sales in China up 18% in December: government data

Sales of Apple Inc's iPhone in China in December jumped more than 18% year on year, government data showed on Thursday.



5 years ago

Lebanon imposes travel ban on ex-Nissan boss Ghosn: judicial source

A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.



5 years ago

Ghosn is "very comfortable" with judicial path in Lebanon: lawyer

Former Nissan boss Carlos Ghosn is very comfortable with the judicial path in Lebanon, a lawyer for him said on Thursday, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.



5 years ago

How Big Tech is helping transform cars into smartphones

Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car.



5 years ago

Ahead of U.S. election, Facebook gives users some control over how they see political ads

Facebook Inc said on Thursday it was making some changes to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but the updates stop far short of critics' demands and what rival companies have pledged to do.



5 years ago

Volkswagen says its 2019 vehicle deliveries were slightly above prior year

Volkswagen on Thursday said vehicle deliveries for 2019 were slightly above prior year, revising upward an earlier forecast which predicted annual sales to be "on the level of prior year."



5 years ago

Back from the brink, back on the bull ride

World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran backed away from conflict in the Middle East.



5 years ago

Lebanon bans ex-Nissan boss Ghosn from traveling: judicial sources

A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, judicial sources said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.



5 years ago

Nearly all corporate CFOs say the economy is going to slow and the stock market is overvalued

Chief financial officers at big U.S. companies enter 2020 on a cautious note.

5 years ago

Weak holiday sales at Kohl's, J.C. Penney highlight growing online threat

Kohl's Corp and J.C. Penney Co Inc posted weak holiday season sales on Thursday, affirming that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year's Day.



5 years ago

Financial firms want to make it easier to withdraw retirement savings

Financial firms such as Charles Schwab and Fidelity are trying to simplify one of the most challenging aspects of personal finance.

5 years ago

Stock futures back in record territory as Middle East tensions fade

U.S. stock index futures rose on Thursday after the United States and Iran pulled back from new military action, while firming optimism about a U.S.-China trade deal put Wall Street back on track for fresh records.



5 years ago