NEW YORK (Reuters) -Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said on Wednesday - capital that, in a typical market environment, would have been returned to investors. High interest rates in the United States, President Donald Trump's on-again, off-again approach to tariff policy, and geopolitical uncertainties have eroded company valuations and contributed to firms...

ZURICH (Reuters) -Wealth grew disproportionately quickly last year in the United States, where over 379,000 people became new U.S. dollar millionaires, more than a 1,000 a day, a report published on Wednesday showed. Private individuals' net worth rose 4.6% worldwide, and by over 11% in the Americas, driven by a stable U.S. dollar and upbeat financial markets, the 2025 Global...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

05:03 AM EDT, 06/18/2025 (MT Newswires) -- MakeMyTrip ( MMYT ) said Wednesday it priced a public offering of 16 million shares at $90 each for about $1.41 billion in expected net proceeds. The offering was upsized from a previously planned 14 million shares. The company granted the underwriters a 13-day option to buy up to 2.4 million additional shares....