Latest News on private equities market

Greensill drops libel suit against Reuters over bond story

Greensill drops libel suit against Reuters over bond story

Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to market participants in 2018.



6 years ago
Trump threatens to regulate or shut down social media companies

Trump threatens to regulate or shut down social media companies

U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies, one day after Twitter Inc for the first time added a warning to some of his tweets prompting readers to fact check the president's claims.



6 years ago
Ryanair's holiday bookings surge, sees UK dropping quarantine

Ryanair's holiday bookings surge, sees UK dropping quarantine

Ryanair expects Britain to join other European nations in dropping COVID-19 quarantine plans in the coming weeks, its CEO told Reuters on Wednesday, as he reported a "big surge" in holiday bookings from the country.



6 years ago
Factbox: Renault and Nissan's plan to rebuild their alliance

Factbox: Renault and Nissan's plan to rebuild their alliance

The automaking alliance of Renault SA , Nissan Motor Co and Mitsubishi Motors Corp outlined a new strategy on Wednesday whereby the strongest partner takes the lead in areas such as new technologies and parts procurement.



6 years ago
Exclusive: Google faces antitrust case in India over payments app - sources

Exclusive: Google faces antitrust case in India over payments app - sources

India's antitrust body is looking into allegations that Alphabet Inc's Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case told Reuters.



6 years ago
H&M sees furloughed HQ staff returning to work in July

H&M sees furloughed HQ staff returning to work in July

Sweden's H&M expects the 2,500 furloughed staff at its headquarters in Stockholm to return to work in July, the world's second-largest fashion retailer said on Wednesday.



6 years ago
Oil falls on U.S.-China tensions over Hong Kong

Oil falls on U.S.-China tensions over Hong Kong

Oil prices fell on Wednesday after U.S. president Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong.



6 years ago
Explainer: What happens next in Huawei CFO's U.S. extradition case

Explainer: What happens next in Huawei CFO's U.S. extradition case

A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Co Ltd's Chief Financial Officer Meng Wanzhou's extradition to the United States. The judge will rule on double criminality, meaning whether the charges against Meng were illegal in both Canada and the United States at the time of her December 2018 arrest.



6 years ago
Huawei Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday

Huawei Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday

A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to the United States, with a favourable judgment seen as paving the way for the release of the Chinese executive after 18 months of house arrest.



6 years ago
Renault's Senard says it does not need to merge with Nissan

Renault's Senard says it does not need to merge with Nissan

Renault Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan and Mitsubishi .



6 years ago
H&M set to cancel furloughs for 2,500 at Stockholm headquarters

H&M set to cancel furloughs for 2,500 at Stockholm headquarters

H&M , the world's second-biggest fashion retailer, said on Wednesday it expects the 2,500 furloughed staff at its headquarters in Stockholm to be able to return to work by July.



6 years ago
Renault and Nissan rule out merger as they unveil survival plan

Renault and Nissan rule out merger as they unveil survival plan

Renault , Nissan Motor Co and Mitsubishi Motors Corp ruled out a merger on Wednesday and instead said they would cooperate more closely on vehicle development to slash costs and salvage their troubled alliance.



6 years ago
Ryanair says holiday bookings surge, sees Britain dropping quarantine

Ryanair says holiday bookings surge, sees Britain dropping quarantine

Ryanair expects Britain to join European nations in dropping COVID-19 quarantine plans in the coming weeks, Chief Executive Michael O'Leary said in an interview on Wednesday, reporting a "big surge" in holiday bookings from the country.



6 years ago
China's Chery Auto plans to sell cars in EU, United States: chairman

China's Chery Auto plans to sell cars in EU, United States: chairman

China's Chery Automobile, which has a manufacturing partnership with Jaguar Land Rover (JLR) , is planning to sell its own-branded cars in the European Union and United States for the first time, its chairman said.



6 years ago
Tesla to cut car prices in North America, China

Tesla to cut car prices in North America, China

Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, California, factory after the easing of coronavirus lockdowns.



6 years ago