Latest News on private equities market

PepsiCo drops Aunt Jemima branding; Uncle Ben's, others under review

PepsiCo drops Aunt Jemima branding; Uncle Ben's, others under review

PepsiCo Inc said on Wednesday it will change the name and brand image of its Aunt Jemima pancake mix and syrup which have been criticized as racist amid a national debate over racial inequality in the United States.



6 years ago
Automakers rev up U.S. assembly lines, wary of outside risks to workers

Automakers rev up U.S. assembly lines, wary of outside risks to workers

Automakers are speeding up U.S. assembly lines to meet recovering demand, increasingly confident coronavirus safety protocols are working to prevent outbreaks in their plants but wary of the challenges workers face outside.



6 years ago
U.S. Chamber urges China to accelerate purchases of U.S. goods

U.S. Chamber urges China to accelerate purchases of U.S. goods

The U.S. Chamber of Commerce on Thursday underscored the importance of functional U.S.-China ties and urged Beijing to step up its purchases of U.S. goods and services as agreed under a Phase 1 trade deal despite delays caused by the coronavirus.



6 years ago
KKR to buy Dutch vacation park operator Roompot

KKR to buy Dutch vacation park operator Roompot

U.S. private equity firm KKR said on Thursday it had reached an agreement to buy Dutch vacation parks firm Roompot for an undisclosed sum.



6 years ago
Exclusive: EU in advanced talks with Johnson & Johnson on COVID-19 vaccine deal - sources

Exclusive: EU in advanced talks with Johnson & Johnson on COVID-19 vaccine deal - sources

The European Commission is in advanced talks with pharmaceutical giant Johnson & Johnson to reserve or buy up-front doses of its COVID-19 vaccine under development, two officials familiar with the talks told Reuters.



6 years ago
Ford to offer hands-free driving in 2021 - six years after Tesla

Ford to offer hands-free driving in 2021 - six years after Tesla

Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and four years after General Motors Co introduced similar systems.



6 years ago
Amazon to hire 3,000 people in South Africa for customer service roles

Amazon to hire 3,000 people in South Africa for customer service roles

Amazon.com Inc is hiring 3,000 people in South Africa this year to provide support to customers in North America and Europe, it said on Thursday.



6 years ago
Oil prices tick up amid mixed signals from U.S. data

Oil prices tick up amid mixed signals from U.S. data

Oil prices ticked up on Thursday after U.S. oil product stocks shrank, providing bulls with ammunition ahead of a meeting between OPEC producers and their allies to discuss their future output strategy.



6 years ago
Sharp learning curve for bosses as WFH goes global

Sharp learning curve for bosses as WFH goes global

Two weeks into the coronavirus lockdown and Sergei Holmeckis, a boss at Deutsche Telekom's Czech operations in the city of Brno, was frustrated with staff video calls. His team didn't like turning on their cameras and the discussion was stilted.



6 years ago
JPMorgan gets China's nod for first fully foreign-owned futures business

JPMorgan gets China's nod for first fully foreign-owned futures business

China on Thursday approved JPMorgan's application to operate the first fully foreign-owned futures business, as the world's second-largest economy pushes ahead with opening its multi-trillion-dollar financial market.



6 years ago
Wirecard scrambles to find missing $2.1 billion as loan crunch looms

Wirecard scrambles to find missing $2.1 billion as loan crunch looms

Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm warned the delay could cause billions in loans to be called in as early as Friday.



6 years ago
Colgate reviewing Chinese toothpaste brand Darlie amid debate on racial inequality

Colgate reviewing Chinese toothpaste brand Darlie amid debate on racial inequality

Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality.



6 years ago
These Gen Z influencers give their spending a radical makeover

These Gen Z influencers give their spending a radical makeover

Gen Z money pros are quick to roll with the times financially, which is typical of a generation that has already lived through the Great Recession and seen lots of stock market turmoil.

6 years ago
Here's how to get back in the stock market if you sold out of fear when it was down

Here's how to get back in the stock market if you sold out of fear when it was down

If you headed for cash when stocks were down and now have seller's remorse, there are some things you should consider before jumping back in, experts say.

6 years ago
Stocks drift as second wave virus fears mount

Stocks drift as second wave virus fears mount

Global stocks drifted on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback from the pandemic.



6 years ago