Latest News on private equities market

Trans Mountain oil pipeline expansion may start in September

Construction to expand the Trans Mountain oil pipeline could begin in September, assuming the next regulatory steps go smoothly, the project's chief executive said on Wednesday.



6 years ago

Airbus grabs China Airlines narrow-body jet order

Airbus unveiled an aircraft deal with Taiwan's China Airlines on Wednesday, snatching the carrier's medium-haul fleet renewal from Boeing a day after its U.S. rival made a shock entry into the single-aisle fleet of British Airways owner IAG.



6 years ago

U.S. trade representative says he can resolve Democrats' concerns on North America pact quickly

The top U.S. trade negotiator said on Wednesday he is ready to work with lawmakers "sooner rather than later" to address concerns over a new North American pact, even as a leading Democrat outlined roadblocks to the deal's approval.



6 years ago

Oracle quarterly profit beats estimates; shares rise

Oracle Corp beat fourth-quarter revenue and profit estimates on Wednesday, as the business software maker benefited from demand for its on-premise IT, cloud services and license support businesses, sending its shares up as much as 7% in extended trading.



6 years ago

Global stocks gain, dollar weakens after Fed signals possible rate cuts

A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmark U.S. Treasury yields and the dollar dropped after the Federal Reserve signaled possible interest rate cuts over the rest of this year.



6 years ago

Stocks approach record as Fed soothes Wall Street's fears

The S&P 500 approached a record high on Wednesday after the Federal Reserve signaled potential interest cuts later this year, reassuring investors worried that the U.S.-China trade war could stall economic growth.



6 years ago

PG&E completes safety inspection of distribution infrastructure

Electric utility PG&E Corp said on Wednesday it has completed visual inspections of about 99% of its distribution infrastructure to provide additional precautionary measures intended to reduce wildfire risk.



6 years ago

DoubleLine's Gundlach: Fed doing 'what the bond market says - with a lag'

Jeffrey Gundlach, chief executive of Doubleline Capital, said on Wednesday that the Federal Reserve is doing "what the bond market says - with a lag."



6 years ago

Fed sees case for interest rate cuts this year building

The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this year in response to increased economic uncertainty and a drop in expected inflation.



6 years ago

Senior U.S.-China trade negotiators to confer before Trump-Xi G20 meeting

Aiming to jumpstart dormant talks, the top U.S. trade negotiator said on Wednesday he will confer with his Chinese counterpart before next week's meeting between President Donald Trump and Chinese President Xi Jinping in Japan as the two countries take another shot at resolving their damaging trade dispute.



6 years ago

Traders are pricing in a 100% chance of at least one Fed rate cut in July

While the Federal Reserve still sees no rate cut in 2019, traders are convicted a rate reduction is coming as soon as July.

6 years ago

Facebook discussed the launch of its cryptocurrency with the Fed, Jerome Powell says

Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called Libra

6 years ago

Powell on Trump: 'The law is clear that I have a four-year term, and I fully intend to serve it'

The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.

6 years ago

Some Fed officials believe the case for a rate cut is strengthening

Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.

6 years ago

Factbox: What is Slack?

Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, is scheduled to go public via a direct listing on June 20, instead of the more popular initial public offering route.



6 years ago