Latest News on private equities market

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
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
Coronavirus second wave fears boost yen; Aussie dollar falls after data

Coronavirus second wave fears boost yen; Aussie dollar falls after data

The Japanese yen strengthened slightly on Thursday as growing concerns about a rise in new coronavirus cases underpinned safe-haven demand for the currency, while the U.S. dollar was little changed versus the euro.



6 years ago
Oil prices stable ahead of OPEC+ meeting

Oil prices stable ahead of OPEC+ meeting

Oil prices were broadly stable on Thursday as Brent erased losses in early European trading ahead of a meeting of OPEC members and their allies against the backdrop of demand concerns over new coronavirus cases in China and elsewhere.



6 years ago
Global stocks retreat as investors fret over coronavirus relapse

Global stocks retreat as investors fret over coronavirus relapse

Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and in China dented hopes of a quick global economic comeback from the pandemic.



6 years ago
Oil prices fall as coronavirus case surge heightens demand fears

Oil prices fall as coronavirus case surge heightens demand fears

Oil prices slipped on Thursday on concerns that a spike in new coronavirus cases in China and the United States could dampen a recovery in fuel demand, even as lockdowns ease.



6 years ago
Oil prices fall as surge in coronavirus cases raises demand concerns

Oil prices fall as surge in coronavirus cases raises demand concerns

Oil prices fell around 1% on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that a recovery in fuel demand could stall, even as lockdowns ease.



6 years ago
Exclusive: Massive spying on users of Google's Chrome shows new security weakness

Exclusive: Massive spying on users of Google's Chrome shows new security weakness

A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google's market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting the tech industry's failure to protect browsers as they are used more for email, payroll and other sensitive functions.



6 years ago
Air maintenance firms, manufacturers plan for $60 billion in lost sales

Air maintenance firms, manufacturers plan for $60 billion in lost sales

Maintenance firms and spare parts producers who keep airplanes running are bracing for a decline of up to 75% in sales this year - and more pain to follow - as airlines park or retire thousands of aircraft due to the coronavirus pandemic.



6 years ago