Latest News on private equities market

Buffett-backed BYD to supply EV batteries to Ford

Buffett-backed BYD to supply EV batteries to Ford

Chinese electric vehicle (EV) maker BYD Co Ltd, will supply EV batteries to U.S. automaker Ford Motor Co, a document on the website of the Ministry of Industry and Information Technology showed on Monday.



6 years ago
Workers return to Mexico's border factories as auto sector reopens

Workers return to Mexico's border factories as auto sector reopens

Tens of thousands of workers lined up before dawn to return to work at automotive factories along Mexico's northern border on Monday, the first day that industries joined the country's list of essential activities beginning to reopen.



6 years ago
Facebook staffers walk out saying Trump's posts should be reined in

Facebook staffers walk out saying Trump's posts should be reined in

Facebook employees walked away from their work-from-home desks on Monday and took to Twitter to accuse Chief Executive Mark Zuckerberg of inadequately policing U.S. President Donald Trump's posts as strictly as the rival platform has done.



6 years ago
Emirates could take four years to resume flying to entire network

Emirates could take four years to resume flying to entire network

Emirates' outgoing President Tim Clark on Monday said it could take the state carrier up to four years to resume flying to its entire network that has been decimated by the coronavirus pandemic.



6 years ago
Nestle to appeal ban on 'Incredible Burger' branding in Europe

Nestle to appeal ban on 'Incredible Burger' branding in Europe

Nestle said on Monday it would appeal a Dutch court's ruling that prohibits the Swiss food giant from selling its plant-based burgers in Europe under the "Incredible Burger" name after a challenge from U.S.-based Impossible Foods.



6 years ago
U.S. companies issue shares at fastest rate ever, selling the rally

U.S. companies issue shares at fastest rate ever, selling the rally

U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally fueled by hopes that the COVID-19 pandemic is subsiding.



6 years ago
Boeing takes Embraer to arbitration over failed aviation deal

Boeing takes Embraer to arbitration over failed aviation deal

Boeing Co has taken former partner Embraer SA to arbitration over a failed $4.2 billion deal, the Brazilian planemaker said in a securities filing on Monday night.



6 years ago
Ryanair must face U.S. shareholder lawsuit over unionization comments

Ryanair must face U.S. shareholder lawsuit over unionization comments

Ryanair Holdings Plc and Chief Executive Michael O'Leary failed to persuade a U.S. judge to dismiss a securities fraud lawsuit accusing Europe's largest budget airline of defrauding them by downplaying its willingness to recognize labor unions.



6 years ago
China buys U.S. soybeans after halt to U.S. purchases ordered: sources

China buys U.S. soybeans after halt to U.S. purchases ordered: sources

State-owned Chinese firms bought at least three cargoes of U.S. soybeans on Monday, even as sources in China said the government had told them to halt purchases after Washington said it would eliminate special treatment for Hong Kong to punish Beijing.



6 years ago
Brazil's Embraer loses $292 million as stoppages burn cash

Brazil's Embraer loses $292 million as stoppages burn cash

Brazilian planemaker Embraer reported a $292 million first quarter loss on Monday due to a coronavirus crisis sales slump and the impact of a failed deal with Boeing Co .



6 years ago
Gilead trades that made millions on COVID-19 drug news raise eyebrows

Gilead trades that made millions on COVID-19 drug news raise eyebrows

Well-timed trades in Gilead Sciences Inc's options ahead of good news on the biopharmaceutical company's COVID-19 drug treatment may draw regulatory scrutiny, experts said.



6 years ago
Asia stocks make cautious gains as China worries slow recovery rally

Asia stocks make cautious gains as China worries slow recovery rally

Asian stocks eked out gains on Tuesday as investors' focus on the prospects of a global coronavirus recovery won out over familiar worries about Sino-U.S. relations and the depth of economic damage.



6 years ago
U.S. court refuses to shield Volkswagen in diesel scandal lawsuits

U.S. court refuses to shield Volkswagen in diesel scandal lawsuits

A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount to a "staggering" additional liability arising from the German automaker's diesel emissions scandal.



6 years ago
Coty appoints Chairman Peter Harf as CEO

Coty appoints Chairman Peter Harf as CEO

Cosmetics maker Coty Inc on Monday appointed its Chairman Peter Harf as the chief executive officer of the company, replacing Pierre Laubies, who stepped down after less than two years in the job.



6 years ago
Volkswagen says ready to restart Mexico operations on June 15

Volkswagen says ready to restart Mexico operations on June 15

The Mexican unit of Germany's Volkswagen AG said on Monday the automaker was ready to restart operations in the states of Puebla and Guanajuato on June 15 after activity was idled in late March due to the coronavirus pandemic.



6 years ago