Latest News on private equities market

EBay in discussions with multiple parties for sale of classified business

EBay Inc is in discussions with multiple candidates regarding a potential transaction for its classified-ads business, the company said on Friday.



5 years ago

Why LendingClub’s Acquisition Of Radius Bank Is A Smart Deal

Forbes | Ron Shevlin | Feb 21, 2020 LendingClub, one of the nation’s first peer-to-peer lenders (oops! I mean, “marketplace” lenders—real ”peer to peer” lending lasted all of about a month), announced it plans to acquire Radius Bank, a relatively small Boston-based bank, unknown to most people outside of the industry (and within, for that

5 years ago

Samsung Electronics names non-executive director as board chairman in company first

Samsung Electronics Co Ltd said on Friday it has named a non-executive director as board chairman for the first time, to increase transparency and independence.



5 years ago

Global central bankers scour shopping malls, manufacturers for coronavirus playbook

In the days after a new virus was identified in China on Dec. 31, global central bankers fell back on past experience for a comforting early analysis.



5 years ago

China says to exempt extra tariffs on 65 U.S. goods from Feb. 28

China’s finance ministry said it will begin exempting 65 U.S. goods from retaliatory tariffs implemented amid the bilateral trade dispute with the United States for one year starting Feb. 28.



5 years ago

UniCredit shares fall at open after report Mustier vying for HSBC top job

Shares in Italy's biggest bank UniCredit fell more than 1% at open on Friday following reports Chief Executive Jean Pierre Mustier is being considered for the top job at rival HSBC .



5 years ago

Oil falls 1% as spreading virus compounds concerns over demand hit

Oil prices fell around 1% on Friday, pressured by growing worries about fuel demand as a coronavirus epidemic spread further beyond China, and as major crude producers appeared to be in no rush to cut output to buttress the market.



5 years ago

Stocks head for worst week in four as coronavirus spreads

Shares across the world fell on Friday and were set for their worst week in four as investors dumped riskier assets for the safety of bonds and gold, with coronavirus cases in China and elsewhere spreading.



5 years ago

Tod's sees Coronavirus hit after 'excellent' start to 2020, pickup in six weeks

Italian luxury leather goods maker Tod's made an "excellent" start to 2020 before the coronavirus hit sales but the situation could start to improve in the next few weeks, Chairman Diego Della Valle said on Friday.



5 years ago

China firms in $10 billion share sale rush as funding rules eased amid virus worries

Listed Chinese companies are queuing up to issue shares and have already announced plans to raise more than $10 billion in the past week after fundraising rules were relaxed to help ease cash strains caused by the coronavirus.



5 years ago

China's Geely starts online auto sales as virus epidemic keeps buyers at home

Chinese automaker Geely [GEELY.UL] has launched a service for customers to buy cars online and get them delivered directly to their homes, in a bid to drum up sales as the coronavirus outbreak prompts buyers to stay away from showrooms.



5 years ago

Oil falls 2% on renewed uncertainties over coronavirus outbreak

Oil prices fell on Friday as a rise in new cases of coronavirus and weak Asian economic data fuelled uncertainty about the economic outlook and as major crude producers showed no rush to cut output.



5 years ago

Deere & Co reports unexpected rise in quarterly profits

Deere & Co on Friday reported an unexpected rise in profits in the first quarter, helped by early signs of stabilization in the U.S. farm sector.



5 years ago

Daimler warns of "significant adverse effects" of virus outbreak

German luxury carmaker Daimler on Friday warned of risks for the economy and its own business from the outbreak of coronavirus that is spreading in China and around the world.



5 years ago

Tesla resumes tree cutting in Germany to build Gigafactory

Tesla Inc said it had resumed tree cutting in Gruenheide, Germany so it can construct its first European car and battery factory following moves by environmentalists to stop local deforestation.



5 years ago