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Latest News on private equity markets

China's Megvii seeks approval for Hong Kong IPO despite U.S. blacklist: sources

Chinese artificial intelligence firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong IPO of at least $500 million, people with knowledge of the matter said, despite being blacklisted by the U.S. government.



5 years ago

U.S. housing starts rise; permits highest in over 12 years

U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high, pointing to strength in the housing market amid lower mortgage rates.



5 years ago

Many Americans feel optimistic about their immediate financial future — here's why they may be wrong

In the latest CNBC Invest in You survey, 43% said they think they and their families will be better off financially a year from now. Of those polled, 42% said they will be the same and 13% said they thought they would be worse off.

5 years ago

Wall Street set for record open as trade optimism persists

Wall Street was set to hit another record high at the open on Tuesday on continued optimism that Washington and Beijing would agree on a deal to end a damaging trade war that has posed one of the biggest risks to global economic growth.



5 years ago

Kohl's slashes profit forecast after dismal quarter

Kohl's Corp cut its annual profit forecast on Tuesday after the department store operator fell short of quarterly comparable sales and earnings estimates, offering no sign that a much-hyped partnership with Amazon was bearing fruit.



5 years ago

Answering these key questions can help women secure their financial future, expert says

With females living longer than males, it can make sense for women to make sure they financially plan in case they find themselves single again.

5 years ago

'Dean of Valuation' says Saudis got the Aramco valuation right, but he's still not buying

NYU Stern professor Aswath Damodaran said that his Aramco valuations are within "shouting distance" of the $1.7 trillion valuation.

5 years ago

S&P 500, Dow retreat from record levels as Home Depot, Kohl's weigh

The S&P 500 and the Dow Jones Industrial Average retreated after touching record highs on Tuesday, hit by dour forecasts from retailers Home Depot and Kohl's.



5 years ago

ConocoPhillips targets $50 billion free cash flow over next decade

ConocoPhillips unveiled a long-term plan on Tuesday to boost oil and gas production by about 3% per year, restrain annual spending to about $7 billion and return $50 billion to shareholders over the next decade.



5 years ago

Strike-hit South African Airways says state will not come to the rescue

South African Airways (SAA) resumed some regional flights on Tuesday but warned that only a deal with striking unions can resolve its current crisis, with no prospect of more money from the government.



5 years ago

Method, Olly, now Welly. Eric Ryan reveals the secret behind his billion-dollar success story

Eric Ryan, co-founder of Method and gummy vitamin and supplement brand Olly, is on a mission to reinvent the first-aid category with his newest company, Welly. In an interview with CNBC, he reveals how he spots niches ripe for reinvention.

5 years ago

AFL-CIO's Trumka not ready to back U.S.-Mexico-Canada trade deal

A major U.S. labor leader on Monday said there was more work to do on a new U.S.-Mexico-Canada trade agreement, pushing back against comments from House Speaker Nancy Pelosi that a breakthrough was imminent.



5 years ago

Got the travel bug? Here are the world's top 6 'jumping off' points for adventure travel in 2020

Got the travel bug? Here's a look at the world's top 6 'jumping off' points for adventure travel in 2020, according to the Travel Channel's new 2020 Leisure Travel Forecast.

5 years ago

OSC makes doing business easier for market participants

OSC | Release | Nov 19, 2019   TORONTO, Nov. 19, 2019 /CNW/ - The Ontario Securities Commission (OSC) is moving forward with more than 100 specific actions to reduce burden for market participants doing business in Ontario's capital markets. As these changes are made, individuals and businesses regulated by the OSC can expect to see

5 years ago

Emirates wants new Boeing jet put through 'hell on Earth' in testing

Emirates, the largest customer of Boeing's upcoming 777x aircraft, wants the plane to be put through "hell on Earth" in testing to ensure it is safe to fly and meets performance expectations, the president of the Gulf airline said on Tuesday.



5 years ago