Private equity industry faces 'tough times'

Private equity firms will struggle to make spectacular gains in the future, a senior industry figure... [read more]

Wall Street rides to the rescue

Closing market report: The FTSE 100 was in the red for much of the day but an opening rise in New York... [read more]

General Motors agrees to sell Allison Transmission business for $5.6 billion

General Motors Corp. said Thursday it has agreed to sell its Allison Transmission commercial and military... [read more]

U.S. economic growth slows to 0.7% in first quarter

The U.S. economy limped ahead at just a 0.7 percent pace in the first quarter, the slowest in more than... [read more]

China guarantees safety of exports

The guarantee by Wang Xinpei, a spokesman for the Commerce Ministry, came a day after the U.S. authorities... [read more]

Tax gap puts private equity firms on hot seat

Proposed U.S. legislation would eliminate huge disparity in taxes paid by corporations and firms that... [read more]

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