Latest News on private equities market

Samsung Group heir questioned by prosecutors over contentious 2015 deal

Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group's affiliates, Yonhap News Agency said.



5 years ago

Japan shares hit 10-week peak, S&P 500 tests 3,000

Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.



5 years ago

Chile's Latam Airlines Group hires PJT Partners to restructure debt: report

Chile's Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries, Brazilian newspaper O Estado de S. Paulo reported late on Monday.



5 years ago

Exclusive: Cathay Pacific's brand merger hits roadblock from China's aviation regulator - sources

China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year's pro-democracy protests, two sources said.



5 years ago

Walmart's Mexico unit pays scaled-down tax of $358 million after government talks

Walmart de Mexico paid $358 million in taxes after talks with the Mexican government over an even larger sum authorities had aimed to charge the retailer for the sale of a restaurant chain, the company said on Monday.



5 years ago

Why AI-driven financial advice is getting regulators’ attention

The Globe and Mail | Patricia Chisholm | May 22, 2020 The emerging use of artificial intelligence (AI) to support or even replace human financial advisors is attracting the attention of regulators – mainly in Britain but also in Canada. While they’re broadly supportive of AI as a cost-efficient tool to broaden the reach of

5 years ago

Daimler to invest in Chinese EV battery maker Farasis' $480 million IPO: sources

Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people familiar with the matter said.



5 years ago

Hong Kong shares ease on China-U.S. rift, dollar firms

Hong Kong shares extended losses and a gauge of Asian stocks was largely subdued on Monday, after China's move to impose a new security law on Hong Kong heightened concerns about the future stability of the city and global trade prospects.



5 years ago

Lufthansa to resume flights to 20 destinations from mid-June

Lufthansa , which is in talks with the German government over a 9 billion euro ($9.8 billion) bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on Sunday.



5 years ago

Air France must slash domestic traffic in exchange for state guarantees -minister

Air France will have to "drastically" reduce its domestic air traffic in exchange for state loan guarantees, French Environment Minister Elisabeth Borne said on Sunday.



5 years ago

Summer camp: If it's not outside, what is it worth?

Amid the coronavirus pandemic, summer offerings vary from traditional in-person day camps to online workshops and classes. In each case, the price varies.

5 years ago

Pandemic will drive major changes to the nursing home industry

The coronavirus pandemic has had a dramatic effect on nursing homes, including restricting in-person visits. Here's what families can expect in the future.

5 years ago

Most publicly listed companies keep U.S. small-business aid loans

More than four-fifths of publicly listed companies that received emergency small-business loans from the U.S. government have held onto them, sticking with a certification that they need the money, according to data from market research firm FactSquared.



5 years ago

Aston Martin's chief to leave as a part of shake-up: FT

Aston Martin Chief Executive Andy Palmer is leaving the business as part of a shake-up, the Financial Times reported on Sunday.



5 years ago

Aston Martin chief to leave, Mercedes-AMG CEO to replace him: source

Aston Martin Chief Executive Andy Palmer is leaving the business as part of a management shake-up and will be replaced by Tobias Moers, CEO of Mercedes-AMG, a source familiar with the matter told Reuters on Sunday.



5 years ago