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Latest News on private equity markets

LVMH confirms interest in acquiring luxury jeweler Tiffany

LVMH, the world's biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweler.



6 years ago

IMF urges Lebanon reforms, protesters keep up pressure

The International Monetary Fund said on Monday Lebanon should urgently implement reforms to restore confidence and economic stability, as protesters kept up the pressure on politicians they accuse of corruption by setting up new road blocks.



6 years ago

AT&T to add new directors, sell up to $10 billion in assets next year

AT&T Inc said on Monday it would add two new board members and consider selling off up to $10 billion worth of non-core businesses next year, bowing to pressure from activist investor Elliott Management.



6 years ago

AT&T adds more monthly bill-paying subscribers than expected

AT&T Inc added more mobile phone subscribers who pay a monthly bill than analysts' estimates for the third quarter as the wireless carrier attracted customers with media content bundled with phone plans.



6 years ago

The Force is with Microsoft: Shares up on winning JEDI contract

Microsoft shares rise 3.4% to $145.50 premarket, after company wins the Pentagon's $10 billion cloud computing contract.



6 years ago

Futures rise on trade optimism, rate cut hopes

U.S. stock index futures rose on Monday as hopes of a trade deal between Washington and Beijing as well as rising bets on a rate cut by the Federal Reserve when it meets this week boosted investor sentiment.



6 years ago

Spotify delivers surprise profit as paid subscriptions rise

Spotify Technology SA's posted a surprise profit on Monday and topped Wall Street's expectations for revenue as the music streaming company added slightly more subscribers than expected for its premium service.



6 years ago

Brazil rates to hit record low 5.00%, seen falling further: Reuters poll

Brazil's benchmark interest rate will be cut to a record low of 5.00% on Wednesday, according to the unanimous view in a Reuters poll of economists, as the central bank battles to spur economic growth and prevent inflation from falling further below target.



6 years ago

Lebanese banks to secure salaries, remain closed Tuesday: statement

Lebanese banks will stay shut on Tuesday amid ongoing unrest, but are working to ensure public and private sector workers receive their salary payments, the country's banking association said on Monday.



6 years ago

Here are the biggest analyst calls of the day: Roku, Lululemon, Facebook & more

Here are the biggest calls on Wall Street on Monday

6 years ago

U.S. rejects sanctions sought by China in tariffs case, going to arbitration: trade official

The United States rejected China's request on Monday for $2.4 billion in compensatory sanctions for alleged U.S. failure to comply with a World Trade Organization (WTO) ruling, sending it to arbitration, Geneva trade official said.



6 years ago

Carlsberg forecasts 10% profit growth for 2019

Danish brewer Carlsberg revised upwards its annual profit growth outlook on Monday, saying it now expects organic operating profit to rise by around 10% versus a previous forecast for a "high single-digit" percentage increase.



6 years ago

Living on Defi: How I Survive Argentina’s 50% Inflation

Ethereum Devcon 5 | Mariano Conti | Oct 9, 2019 Living in Argentina but getting paid in Dai, Mariano can access financial systems that are usually not available to us. He wants to show how Ethereum's DeFi movement has been working fine for the last 2 years, by leveraging Dai and secondary lending platforms, and

6 years ago

S&P 500 hits record high at open

The S&P 500 hit record high at open on Monday on rising hopes of a U.S.-China trade deal, while bets that the Federal Reserve would lower borrowing costs at its policy meeting this week also brightened the mood.



6 years ago

Virgin Galactic shares rise as the space tourism company begins trading under the ticker 'SPCE'

Richard Branson's space tourism company began trading its stock publicly following its merger with Chamath Palihapitiya's venture

6 years ago