The fundraising is continuing and Blackstone already has commitments totaling in excess of $17.5 billion, which is the fund's hard cap, or fundraising limit, the people s ..
SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd (BABA.N) on Thursday posted a 45 percent rise in quarterly revenue, and shares of the Chinese e-commerce company jumpe ..
Federal Reserve Chair Janet Yellen was right to point out that markets are overpriced, said Yale economics professor, Robert Shiller, on Thursday. ..
Despite efforts by European Commission President Jean-Claude Juncker to coax leftist Prime Minister Alexis Tsipras into moving on two key conditions for releasing EU/IMF bailo ..
NEW YORK/SAN FRANCISCO (Reuters) - The Federal Reserve is sketching out plans to prevent an abrupt contraction in its massive balance sheet next year, when as much as $500 bil ..
Blackstone Group LP, the biggest alternative-asset manager, raised $17 billion in seven months for its latest buyout fund, two people with knowledge of the process said. The N ..
PARIS/DUBAI (Reuters) - Airbus (AIR.PA) has moved ahead of U.S. rival Boeing (BA.N) in their race for aircraft orders thanks to a large Latin American win, setting the tone fo ..
U.S. banks Citigroup (C.N) and JPMorgan Chase (JPM.N) expect to gain market share in equities this year, executives told Reuters, pointing to technology investment and new hir ..
Limited housing is keeping workers away from the cities where they could be most productive, and that's costing the U.S. economy. ..
The number of Americans filing new claims for unemployment benefits held near a 15-year low last week in a sign that the labor market was strengthening despite moderate econom ..