Private Equity Stephen Schwarzman

  • International Monetary Fund (IMF) managing director Christine Lagarde speaks during a press conference in Tokyo on October 4, 2018. 

    The IMF's Christine Lagarde had been scheduled to attend an investing event in Saudi Arabia which has seen mounting cancellations since the disappearance of Washington Post columnist Jamal Khashoggi.

  • Diane Greene, CEO of Google Cloud

    Google Cloud CEO Diane Greene is the latest Silicon Valley leader to drop out of the high-profile Saudi Arabian conference dubbed "Davos in the Desert." 

  • Mohamed El-Erian

    Financial markets signal that the torrent of American CEOs pulling out next week's Saudi investment conference is not a great concern, the Allianz economist says.

  • Jamie Dimon, Chairman and CEO of JP Morgan Chase. 

    J.P. Morgan Chase CEO Jamie Dimon, BlackRock CEO Larry Fink, Blackstone CEO Stephen Schwarzman and now Mastercard CEO Ajay Banga will not be attending an investment conference in Saudi Arabia later this month, CNBC has learned.

  • DUBAI/ LONDON, Oct 12- U.S. Mnuchin's plan to attend the high-profile Future Investment Initiative conference in Riyadh follows U.S. Riyadh has said the claims are baseless.

  • It also gives Thomson Reuters, controlled by Canada's Thomson family, an ally as it seeks to reinvigorate a business facing challenges from a shrinking and budget-conscious customer base. Thomson Reuters retains a 45- percent stake in the F&R business, which has been renamed Refinitiv, a name derived from the 160- year-old Reuters brand with the objective of...

  • NEW YORK, Sept 26- British Prime Minister Theresa May was reminded of how worried businesses are about Brexit on Wednesday when a rallying speech to executives in New York was met with a single stark question from the floor- just how bad can things get? May assured her audience that Britain would flourish after Brexit and remain an attractive place to invest,...

  • *U.S., China imposed fresh tariffs on each other's goods on Monday. *China says when trade talks can restart depends on U.S. It's not an equal negotiation, "Wang said, stressing the United States has abandoned its mutual understanding with China.

  • NEW YORK, Sept 21- Blackstone Group LP, the world's largest manager of alternative investments such as private equity and real estate, said on Friday it could be overseeing $1 trillion in assets by 2026.. The firm currently manages $439 billion, a five-fold increase since it went public in 2007.. In a presentation, Blackstone said assets under management could hit...

  • Stephen Schwarzman, chairman and chief executive officer of Blackstone Group LP.

    Beijing long turned to big banks to help get its way in Washington, but the old back channels have proven ineffective when it comes to trade tensions.

  • Goldman Sachs Chief Executive and Chairman Lloyd Blankfein shakes hands with other business leaders as they meet U.S. President Donald Trump and China's President Xi Jinping at the Great Hall of the People in Beijing, China, November 9, 2017.

    China will ask Wall Street firms for ways to improve ties with the U.S. and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday.

  • HONG KONG, Sept 14- China will ask Wall Street firms for ways to improve ties with the United States and suggestions to open up its financial sector at a day-long meeting in Beijing on Sunday, people familiar with the matter said. The meeting will be chaired by Zhou Xiaochuan, former governor of the People's Bank of China, and John Thornton, ex-president of Goldman...

  • *Q2 EPS $0.17 vs forecast $0.11. Thomson Reuters said it expects to complete the $20 billion Blackstone deal in the fourth quarter and Smith told analysts on a conference call that will clear the path for expansion. "Following the closure of the deal with Blackstone, Thomson Reuters will be in a position to play offense," he said.

  • The news and information provider reported second-quarter revenue of $1.31 billion, compared with $1.28 billion a year ago. Analysts had expected revenue of $1.31 billion and earnings of 11 cents a share, according to Thomson Reuters I/B/E/S. Thomson Reuters reported a 6- percent decline in operating profit to $204 million, which it said was primarily due to...

  • Thomson Reuters reported a 6- percent decline in operating profit to $204 million, which it said was primarily due to costs and investments ahead of the planned sale of a majority stake in its Financial& Risk business to Blackstone Group LP. Thomson Reuters agreed in January to sell a 55 percent stake in the Financial& Risk unit, which sells data and news primarily...

  • ESPARTO, California, July 27- The rental home seemed so beautiful when McKayla Ferreira first laid eyes on it. The roof had three gables, fruit trees grew in the backyard, and the front porch gleamed with a fresh coat of paint. First, she noticed water leaking through the bathroom and kitchen ceilings.

  • BRUSSELS, July 23- U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters' Financial and Risk unit, the European Commission said on Monday. Blackstone is making its biggest bet since the financial crisis with the $20 billion deal which pits co-founder Stephen Schwarzman against fellow...

  • BRUSSELS, July 23- U.S. private equity firm Blackstone Group has secured EU antitrust approval to acquire a majority stake in Thomson Reuters' Financial and Risk unit, the European Commission said on Monday. Blackstone is making its biggest bet since the financial crisis with the $20 billion deal which pits co-founder Stephen Schwarzman against fellow...

  • NEW YORK, July 19- Blackstone Group LP, the world's largest manager of assets such as private equity and real estate, is kicking off a fundraising "super cycle" which could see it manage more than half a trillion dollars in assets, its chairman and CEO Stephen Schwarzman said on Thursday. Blackstone has faced questions from investors in recent years over how much...

  • NEW YORK, July 19- Blackstone Group LP on Thursday reported a 10 percent drop in quarterly distributable earnings, which it uses to pay dividends, as assets sales slowed even as many of its funds appreciated much more than the stock market. Still, Blackstone declared a quarterly dividend of 58 cents per common unit, up from 54 cents a year ago. Second-quarter...