Latest News on private equities market

Dollar and yen supported by fears of new pandemic wave; Norway's crown shines

Dollar and yen supported by fears of new pandemic wave; Norway's crown shines

The U.S. dollar and Japanese yen held their positions on Thursday as concerns about a rise in new coronavirus cases underpinned demand for safe-haven currencies, while the Norwegian crown was a star performer.



6 years ago
Cramer rails against wealthy money managers for scaring investors out of market with bubble talk

Cramer rails against wealthy money managers for scaring investors out of market with bubble talk

"Our viewers don't want to be talked out of" investing in stocks and potentially making money, CNBC's Jim Cramer said Thursday.

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
Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say

Saudi Aramco cuts hundreds of jobs amid oil market downturn, sources say

State oil giant Saudi Aramco started laying off hundreds of employees this month, two sources familiar with the matter said, as global energy companies reduce their workforces in response to the coronavirus crisis.



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 raises stakes as auto unions ready for a fight

Coronavirus raises stakes as auto unions ready for a fight

The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade unions vital if Europe's auto industry is to manage a shift to low-emission vehicles.



6 years ago
Audi boss to head carmaker's R+D division: sources

Audi boss to head carmaker's R+D division: sources

Markus Duesmann, the head of Audi , will also head the research and development division at German carmaker Volkswagen's premium brand, two sources told Reuters on Thursday.



6 years ago