Latest News on private equities market

Asian stocks turn red as Hong Kong tensions sour mood

Asian stocks turn red as Hong Kong tensions sour mood

Asian shares erased gains and the yuan languished on Thursday on growing worries China's planned security law for Hong Kong would spark a broader diplomatic confrontation with the United States.



6 years ago
Wall Street climbs on healthcare, tech push

Wall Street climbs on healthcare, tech push

Wall Street's major indexes rose on Thursday, boosted by gains in healthcare and technology stocks, as investors bet on a swift recovery from a coronavirus-driven economic slump.



6 years ago
Renault loan still not signed, site closures must be last resort: Le Maire

Renault loan still not signed, site closures must be last resort: Le Maire

French Finance Minister Bruno Le Maire on Thursday said that the government had yet to sign off on a planned 5 billion euro ($5.5 billion) loan for Renault , and that the carmaker's site closures and job cuts could only ever be a last resort.



6 years ago
From bikes to blockchain: Shipping industry goes digital in lockdown

From bikes to blockchain: Shipping industry goes digital in lockdown

The coronavirus lockdown has accelerated a digitalisation drive in a global shipping and logistics sector that still routinely delivers many documents by bike messenger in some countries, according to industry leaders.



6 years ago
China's Geely Automobile launches share placement of up to $859 million

China's Geely Automobile launches share placement of up to $859 million

China's Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters.



6 years ago
Spain aims to convince Nissan to change mind on Barcelona plant, hopes Renault stays

Spain aims to convince Nissan to change mind on Barcelona plant, hopes Renault stays

Spain will do everything it can to get Nissan to reverse its decision to close its Barcelona plant, Foreign Minister Arancha Gonzalez Laya said on Thursday.



6 years ago
Southwest Airlines adds routes catering to business travelers

Southwest Airlines adds routes catering to business travelers

Southwest Airlines Co said on Thursday it was adding new routes with more frequencies and nonstop flights from Phoenix, Denver, Las Vegas and Nashville.



6 years ago
S&P futures tread water as Sino-U.S. tensions weigh

S&P futures tread water as Sino-U.S. tensions weigh

Futures contracts for the S&P 500 were largely flat on Thursday as investors weighed hopes of an economic recovery against underlying tensions between the United States and China.



6 years ago
Nissan sets out survival plan after first loss in 11 years

Nissan sets out survival plan after first loss in 11 years

Nissan Motor Co unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culminated in its first annual loss in 11 years.



6 years ago
Stocks, euro rise on recovery hopes, U.S.-China tensions lift gold

Stocks, euro rise on recovery hopes, U.S.-China tensions lift gold

Equity markets climbed on Thursday as more businesses returned to work and as a 750-billion-euro stimulus plan in Europe lifted regional stock indices and the euro, but gold rebounded on deteriorating U.S.-China relations.



6 years ago
French carmaker PSA to make surgical masks at Mulhouse site

French carmaker PSA to make surgical masks at Mulhouse site

French carmaker PSA said on Thursday that it would start manufacturing surgical masks at its site in Mulhouse in eastern France from August.



6 years ago
Europe cheers super-sized stimulus plan, U.S.-China tensions simmer

Europe cheers super-sized stimulus plan, U.S.-China tensions simmer

European shares rose for the fourth straight session on Thursday and the euro perched at a two-month high, as businesses returning to work and a 750 billion euro EU stimulus plan outweighed rising U.S.-China tensions.



6 years ago
EasyJet to cut 4,500 jobs to stay competitive after crisis

EasyJet to cut 4,500 jobs to stay competitive after crisis

Britain's easyJet plans to cut up to 4,500 jobs and shrink its fleet to adjust to the smaller travel market which is forecast to emerge from the coronavirus crisis.



6 years ago
Morgan Stanley not given advisory role on Aramco pipeline sale: sources

Morgan Stanley not given advisory role on Aramco pipeline sale: sources

Morgan Stanley has not been given an advisory role on the potential sale of a stake in Saudi Aramco's pipeline business, a deal worth over $10 billion, two sources told Reuters.



6 years ago
Nissan slashes capacity by a fifth after first loss in 11 years

Nissan slashes capacity by a fifth after first loss in 11 years

Nissan Motor Co said on Thursday it would slash its production capacity by a fifth to help reduce its fixed costs by 300 billion yen ($2.8 billion) as it looks to become a smaller, more cost-efficient automaker following a slide in sales.



6 years ago