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Latest News on private equity markets

G20 nerves hit European stocks, dollar; oil gains

European stocks stumbled and the dollar dropped to three-month lows on Monday as hopes waned for progress in Sino-U.S. trade talks at this week's G20 meeting and fears grew of a confrontation with Iran.



6 years ago

Daimler slumps as diesel costs wipe out profit growth

Daimler shares fell as much as 5% on Monday after the German automaker cut its profit forecast for the third time in 12 months, saying it was setting aside hundreds of millions of euros to cover a regulatory crackdown on diesel emissions.



6 years ago

Danske Bank ousts former interim CEO after customers overcharged

Danske Bank has dismissed its former interim chief executive Jesper Nielsen after customers were overcharged for an investment product, a first step by its new boss to restore trust in the troubled lender.



6 years ago

Oil prices up on U.S.-Iran tensions

Oil prices rose on Monday, extending vast gains last week prompted by tensions between Iran and the United States, as Washington was set to announce new sanctions on Tehran.



6 years ago

Lufthansa announces turnaround plan for budget unit Eurowings

German carrier Lufthansa announced a turnaround plan for Eurowings on Monday, saying its budget unit would in future focus on short-haul flights and seek a 15% cut in unit costs by 2022 in a bid to return to profit.



6 years ago

Oil extends gains on U.S.-Iran tensions

Oil prices rose on Monday, extending large gains last week that were prompted by tensions between Iran and the United States, as Washington was set to announce new sanctions on Tehran.



6 years ago

Eldorado Resorts to merge with Caesars Entertainment in $17.3 billion deal

U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a $17.3 billion cash-and-stock deal, including debt, the companies said on Monday.



6 years ago

Lufthansa announces overhaul of budget carrier Eurowings

Lufthansa on Monday announced a turnaround plan for Eurowings in which the budget carrier will focus on short-haul flights and seek a 15% cut in costs by 2022 in the hope of returning to profit.



6 years ago

Mika Brzezinski shows how women can boost their negotiating skills

Negotiating is an important fact of life, even more so for women, thanks to the gender gap that still exists in today's workplace.

6 years ago

Bitcoin tests 15-month highs after 10% weekend jump

Bitcoin tested 15-month highs on Monday after jumping more than 10% over the weekend, with analysts ascribing the spike to growing optimism over the adoption of cryptocurrencies after Facebook unveiled its Libra digital coin.



6 years ago

Financial advisory firms offer 'returnship' programs

Internships for professionals, many middle-aged, who've taken a break from the labor force are becoming more popular at financial advisory firms.

6 years ago

Bristol to divest Celgene's psoriasis treatment in FTC clearance push

Bristol-Myers Squibb Co said on Monday it would divest Celgene Corp's psoriasis treatment Otezla as the companies look to gain approval for their $74 billion deal from the U.S. Federal Trade Commission (FTC).



6 years ago

Investor Michael Farr: The market may have it wrong that major interest-rate cuts are coming

Is now the time to be reverting back to maximum monetary support?

6 years ago

FedEx confirms Huawei mail ban as new 'mistake' reignites Chinese ire

FedEx Corp has apologized for another Huawei delivery "mistake", reigniting Chinese ire and drawing the fire of state media which suggested the U.S. delivery firm could end up on China's upcoming list of companies that harm national interests.



6 years ago

Handicapping the chances for a second-half rally in stocks

The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.

6 years ago