Latest News on private equities market

China sent official inquiry to FedEx regarding parcels delivery: Xinhua

Chinese authorities sent an official inquiry to FedEx Corp over parcels that were delivered incorrectly, China's official Xinhua news agency reported on Friday.



6 years ago

How an Obama Fed appointee is scuttling Wall Street's bid to ease rules

As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank's board. Over the past year, she has used it to combat the Trump administration's efforts to ease rules for Wall Street.



6 years ago

Facebook's cryptocurrency may be 'one of the most important initiatives' in its history, RBC says

RBC Capital Markets believes that Facebook has a "crypto opportunity," explaining in a note to investors the firm's high expectation.

6 years ago

Bayer to invest $5.6 billion in weedkiller research to help reputation

Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billion) in weedkiller research.



6 years ago

China launches inquiry into FedEx parcel delivery errors: Xinhua

Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua news agency reported on Friday.



6 years ago

China data, Gulf tensions see bond yields slip, stocks suffer

World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified.



6 years ago

As Broadcom plunges, taking chip sector with it, analysts urge calm: 'The sky is not falling'

Broadcom reported disappointing earnings but Wall Street analysts urged investors to stay the course.

6 years ago

United States and China suspend intellectual property litigation at WTO

The United States and China have halted their dispute over intellectual property rights at the World Trade Organization until Dec. 31, the WTO dispute panel hearing the case said in a statement published on Friday.



6 years ago

India minister says confident airline capacity problems will be solved

India's new civil aviation minister said on Friday he is confident that airline capacity shortage problems following the grounding of Jet Airways Ltd will be solved, in the government's first comments about the issue since it was re-elected last month.



6 years ago

Exclusive: Hong Kong tycoons start moving assets offshore as fears rise over new extradition law

Some Hong Kong tycoons have started moving personal wealth offshore as concern deepens over a local government plan to allow extraditions of suspects to face trial in China for the first time, according to financial advisers, bankers and lawyers familiar with such transactions.



6 years ago

Oman Air plans Airbus talks unless Boeing provides 737 Max support plan

Oman Air CEO Abdulaziz Al Raisi plans to hold talks with Airbus if Boeing does not provide a support and recovery plan for its grounded 737 MAX planes before June 17, a statement by the Omani company said on Friday.



6 years ago

Chip stocks are tanking after 'depressing' Broadcom earnings in a bad sign for market

Broadcom led a plunge in chip stocks Friday after the chipmaker missed revenue expectations and lowered guidance.

6 years ago

Broadcom's $2 billion warning shocks global chip sector

LONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year.



6 years ago

U.S. retail sales rise in May; April revised higher

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter.



6 years ago

Lessons from Dad: The best money advice CNBC anchors received from their fathers

Parents have a big influence on their kids, including when it comes to money. With Father's Day just around the corner, we asked our CNBC anchors and reporters the best money advice they received from their dads.

6 years ago