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Latest News on private equity markets

Wall Street hits records on news of U.S.-China trade deal

Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.



5 years ago

Facebook pledges $130 million to content oversight board, delays naming members

Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected.



5 years ago

FAA chief tells Boeing CEO to focus on quality, timeliness of data submissions: email

The head of the U.S. FAA told Boeing Co's chief executive on Thursday the U.S. planemaker should focus on the quality and timeliness of data submittals for FAA review, according to an email from an FAA official to U.S. lawmakers seen by Reuters.



5 years ago

American Airlines pulls 737 MAX from schedule through April 6

American Airlines Group Inc will extend cancellations of Boeing Co 737 MAX flights through April 6, it said on Thursday, a day after the U.S. Federal Aviation Administration said it would not approve the plane's return to service before January.



5 years ago

Airbus beats Boeing to become preferred supplier for Qantas Sydney-London flights

Qantas Airways Ltd said on Friday is has chosen Airbus SE as preferred supplier for jets capable of the world's longest commercial flights from Sydney to London, beating rival Boeing Co after a hard-fought contest.



5 years ago

China to buy $50 billion in U.S. farm products in return for tariff concessions-U.S. sources

The White House has agreed to suspend some tariffs on Chinese goods and reduce others in return for Beijing's pledge to hike purchases of U.S. farm products in 2020, sources said on Thursday, taking a step towards de-escalating the trade war between the world's two biggest economies.



5 years ago

Broadcom's full-year forecast fails to impress Wall Street, shares down

Broadcom Inc's fourth-quarter earnings beat Street estimates on Thursday, but investors were put off by slowing growth in semiconductor business and a lukewarm revenue forecast for 2020, sending its shares down about 2% in extended trade.



5 years ago

U.S., China agree to reduce tariffs, delay duties scheduled for Dec. 15: source

The United States has agreed to reduce some tariffs on Chinese goods and delay a tranche of tariffs that were slated to go into effect on Dec. 15 as part of a trade deal between the two economic giants, a U.S. source familiar with the situation said on Thursday.



5 years ago

Asian stocks see brighter world as trade, UK clouds lift

Asian share markets jumped on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party looked to have cleared a couple of dark clouds from the global horizon.



5 years ago

Oil prices hit highest in three months as U.S.-China trade deal takes shape

Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world's two biggest economies that has raised big questions about global demand for crude.



5 years ago

Beijing's legal influence triggers disquiet in Hong Kong financial sector

When China's top legislature criticized a Hong Kong court's rejection of a face mask ban there, some global firms began to fear the potential for mainland interference in commercial contracts, lawyers and finance executives said.



5 years ago

Stocks glimpse a brighter future as global clouds lift

Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party looked to have cleared a couple of dark clouds from the global horizon.



5 years ago

Asian shares, sterling on a high as global risks ebb

Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain's Conservative Party cleared a couple of dark clouds from the global horizon.



5 years ago

China to buy $50 billion in U.S. farm goods for tariff relief: U.S. sources

Washington has agreed to suspend some tariffs on Chinese goods and cut others in return for Beijing's pledge to hike U.S. farm product purchase in 2020, sources said on Thursday, taking a step to de-escalating the bitter trade war.



5 years ago

'Out of market today': Australia brandishes four words crucial to case against Citi, Deutsche

A four-word handwritten note by a JPMorgan Chase & Co banker has been seized by Australian prosecutors as fundamental to a criminal cartel prosecution against Citigroup Inc and Deutsche Bank AG , a court heard on Friday.



5 years ago