Latest News on private equity markets

World stocks rise as bond yields buoy financials; oil drops

A broad index of stocks around the world rose on Thursday as financial shares helped Wall Street's benchmark index advance, while oil prices fell on a forecast for weaker demand.



6 years ago

Boeing 737 program manager to retire amid crisis over jet's grounding: memo

Boeing's 737 jet program manager, Eric Lindblad, will retire in a matter of weeks after roughly 12 months on the job, according to a company memo seen by Reuters on Thursday.



6 years ago

S&P 500, Dow climb as health insurers, financials gain

The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed to rein in prescription drug prices, while financial shares climbed with bond yields.



6 years ago

As Fed's Powell affirms rate cut view, others see U.S. economy humming

As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.



6 years ago

Bostic: Fed's focus is its mandates not market pricing for rate cuts

Strong market expectations of an upcoming Fed rate increase are not a reason for the central bank to make a policy move given a U.S. economy that continues to perform well, Atlanta Federal Reserve President Raphael Bostic said on Thursday.



6 years ago

Boeing reshuffles management of grounded 737: memo

Boeing Co has reassigned the head of its next airplane project to run the troubled 737 program, according to a memo seen by Reuters on Thursday, as the grounding of its 737 MAX in the wake of two accidents commands the planemaker's full attention.



6 years ago

Colgate to buy skin care business of France's Filorga for $1.69 billion

Colgate-Palmolive Co said on Thursday it would buy the skin care unit of France's Laboratoires Filorga Cosmétiques for 1.50 billion euros ($1.69 billion), as the consumer goods company bolsters its personal care business.



6 years ago

Anadarko shareholders to vote next month on Occidental deal

Anadarko Petroleum Corp shareholders will vote Aug. 8 on the oil and gas producer's planned $38 billion sale to Occidental Petroleum Corp - the biggest oil and gas deal of the year.



6 years ago

Mexico says trade deal dispute panel fix must be 'across the board'

Mexico sees a push to close a dispute resolution loophole in the USMCA trade deal as a way to protect its interests as well as helping satisfy demands by U.S. Democrats that the deal contain stricter labor measures, a senior official said on Thursday.



6 years ago

Fed's Powell affirms rate cut view; see U.S. economy humming

As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.



6 years ago

A Ford-Volkswagen alliance with Argo could redraw self-driving sector

An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles.



6 years ago

June imports fall at top U.S. hub for China ocean trade

The Los Angeles and Long Beach port complex, the nation's busiest and the No. 1 for ocean trade with China, - handled 5.1%fewer inbound containers of cargo in June, as the trade standoff between Washington and Beijing disrupts global supply chains.



6 years ago

Fed's Powell affirms rate cut view; others see U.S. economy humming

As Federal Reserve Chair Jerome Powell kept the focus Thursday on global risks that could trigger a Fed rate cut in coming weeks, his colleagues from regional Fed districts painted a rosier picture of continued U.S. economic growth and a solid business outlook.



6 years ago

Nike goes ahead with investment in new Arizona manufacturing plant

Nike Inc said on Thursday it will open a manufacturing facility in Goodyear, Arizona, with a likely investment of at least $184 million, going ahead with the site after the state of Arizona last week withdrew an incentive package following the footwear maker's cancellation of a controversial sneaker.



6 years ago

Property speculators hope for investment paradise in southwest China

A bus came to a halt amid a tropical rainforest not far from China's border with Myanmar, dropping off about 30 investors on a property tour, some with children in tow.



6 years ago