Latest News on private equities market

Regulator asks for Credit Suisse directors' mobile data in spy inquiry: sources

Swiss regulators have requested electronic messaging data from the mobile phones of several Credit Suisse managers and supervisory board directors as part of a probe into spying at the bank, three people familiar with the matter said.



5 years ago

Asia shares rally on vaccine hopes, oil retreats after early gains

Asian shares extended gains on Tuesday as more countries emerged from their economic lockdowns and a successful early-stage trial of a coronavirus vaccine cheered sentiment, although oil shed some of its early moves higher.



5 years ago

From Alibaba to Xiaomi, China tech giants set to benefit as Hong Kong changes stock index rules

A major revamp of Hong Kong's benchmark Hang Seng index is set to pave the way for Chinese tech giants to benefit and expand their trading presence in Asia, while letting more investors gain access to their stocks.

5 years ago

Trump signs deal with company in effort shift drug manufacturing to U.S.: New York Times

The United States will announce on Tuesday that it has signed a $354 million contract with a company to make generic medicines and pharmaceutical ingredients in the country needed to treat COVID-19, the New York Times reported late on Monday.



5 years ago

Thyssenkrupp CEO: no taboos in steel consolidation plans

Thyssenkrupp's CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, with options ranging from selling a majority to buying peers.



5 years ago

Oil gains for fourth day on signs of output cuts, better demand

Oil prices rose for a fourth straight session on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic.



5 years ago

Auto industry key part of Italy GDP, fair to support FCA if creates jobs: minister

The auto industry represents a significant share of Italy's economy and it's right to support those who create jobs in the country, Deputy Economy Minister Laura Castelli said when asked about Fiat Chrysler's request for state-backed loans.



5 years ago

Abu Dhabi's Etihad cuts hundreds of jobs: sources

Abu Dhabi's Etihad Airways has laid off hundreds of employees this month, including cabin crew, after the coronavirus pandemic forced it to ground flights, according to industry and company sources.



5 years ago

Mitsubishi Motors' full-year profit slumps 89%

Mitsubishi Motors Corp on Tuesday posted an 89% drop in annual operating profit in the year ended March as the Japanese automaker took a hit from falling vehicle sales as the coronavirus pandemic takes its toll on global demand for cars.



5 years ago

Auto industry big part of Italy GDP, fair to back FCA for job creation: minister

The auto industry represents a significant share of Italy's economy and it is right to support those who create jobs, Deputy Economy Minister Laura Castelli said when asked about Fiat Chrysler's request for state-backed loans.



5 years ago

U.S. overtakes China as most attractive country for renewables investment: research

The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed on Tuesday.



5 years ago

Deutsche Boerse chief says plans to fulfill his term as CEO

Deutsche Boerse Chief Executive Theodor Weimer said on Tuesday that he planned to complete his term at the helm of the stock exchange operator.



5 years ago

'Nothing off-limits': Thyssenkrupp could sell steel business in historic shift

Thyssenkrupp could sell most of its steelmaking division, its CEO said on Tuesday, marking a historic reversal in strategy for the German conglomerate which has built its 200-year-old legacy as an industrial champion on the business.



5 years ago

Oil gains on signs of output cuts, improved demand

Oil prices rose slightly on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic.



5 years ago

Mitsubishi Motors' annual profit tumbles, refrains from issuing forecast

Mitsubishi Motors Corp posted on Tuesday an 89% drop in annual operating profit for its weakest performance in three years and skipped the year-end dividend, as the coronavirus outbreak added to the Japanese automaker's profitability woes.



5 years ago