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Latest News on private equity markets

Oil prices drop, U.S. falls for third day as Cushing stocks rise

Oil prices slipped on Wednesday, with U.S. crude falling for a third day after an industry report that stocks at the Cushing delivery hub for the benchmark rose last week, shrugging off a drop in overall inventories.



6 years ago

China warns U.S. criticism at U.N. over Xinjiang not 'helpful' for trade talks

China's U.N. Ambassador Zhang Jun warned on Tuesday that U.S. criticism at the world body of Beijing's policy in remote Xinjiang was not "helpful" for negotiations between the two countries on a trade deal.



6 years ago

AT&T surprises with HBO Max price in battle against Disney and Netflix

AT&T Inc in May will launch its HBO Max streaming service with a new "Game of Thrones" series at the current HBO price of $15 a month in an aggressive move to battle Netflix, Disney and Apple for the future of TV.



6 years ago

Japan retail sales jump the most since 2014, outlook murky

Japanese retail sales grew the most in 5-1/2 years in September, boosted by consumers accelerating spending to beat a national sales tax hike that kicked in this month, raising some concerns about a subsequent pullback in demand in the coming months.



6 years ago

Global share rally pauses on trade risks ahead of Fed

A rally in global shares stalled, with Asian markets stuck in tight ranges early on Wednesday, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed.



6 years ago

Japan retail sales rise most since 2014, but outlook murky

Japanese retail sales grew at the strongest pace in 5-1/2 years in September as consumers rushed to buy big-ticket items to beat a rise in the country's sales tax, raising concerns spending could pull back sharply in the coming months.



6 years ago

Samsung Elec shows off new design for square-folding phone

Samsung Electronics Co Ltd has unveiled a new design for a smartphone that folds into a square, racing ahead in folding devices after it launched its first model in September.



6 years ago

Asian shares slip before Fed decision on trade deal worries

Asian share markets slipped on Wednesday, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed.



6 years ago

Huawei boosts China smartphone market share to 42% in third quarter: Canalys

Huawei Technologies strengthened its dominance of China's smartphone market, with shipments rising 66% in the third quarter as domestic consumers rallied behind it after U.S. sanctions, according to market data released on Wednesday.



6 years ago

An Elizabeth Warren presidency may not be as bad for stocks as some investors fear, strategist says

Warren, a 2020 frontrunner, has bashed the rich – proposing a wealth tax – and lambasted the financial industry among other sectors.

6 years ago

Australian regulator files privacy suit against Google alleging location data misuse

An Australian regulator has filed a lawsuit against Alphabet Inc's Google, accusing it of misleading smartphone users about how it collected and used personal location data, advancing a global crackdown on the world's biggest tech firms.



6 years ago

Three-peat? Fed copies 1990s playbook in bid to avert a downturn

In the midst of what became a golden decade for the U.S. Federal Reserve, central bankers twice in the 1990s cut interest rates in short bursts that managed to help the U.S. economy continue growing despite slowing investment and weak growth overseas.



6 years ago

Asia shares touch three-month top, cautious on Fed

Asian shares crept to a three-month peak on Tuesday after Wall Street hit all-time highs amid hopes of progress in Sino-U.S. trade talks and for another dose of policy stimulus from the Federal Reserve this week.



6 years ago

Saudi Aramco aims to begin planned IPO on Nov. 3: sources

Saudi Aramco aims to announce the start of its initial public offering (IPO) on Nov. 3, three people with direct knowledge of the matter told Reuters, after delaying the deal earlier this month to give advisers time to secure cornerstone investors.



6 years ago

Iran's thirsty energy industry runs up against water shortage

The plan to build a petrochemical plant near the Iranian city of Firouzabad had everything usually needed to get a project off the ground: approval from the nation's top authority, funding from the Revolutionary Guards and plentiful gas feedstock.



6 years ago