Latest News on private equities market

Tesco completes China exit with joint venture stake sale

Tesco completes China exit with joint venture stake sale

Britain's biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China Resources Holdings (CRH), raising 275 million pounds ($357 million).



6 years ago
Boeing close to deal to supply more 787 Dreamliners to Japan's ANA: sources

Boeing close to deal to supply more 787 Dreamliners to Japan's ANA: sources

Boeing Co is close to a deal to supply more 787 Dreamliners to Japan's ANA Holdings Inc in what would be the U.S. planemaker's first commercial order announcement so far this year, industry sources said.



6 years ago
JPMorgan to maintain key growth targets from last year at investor day: analysts

JPMorgan to maintain key growth targets from last year at investor day: analysts

JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank's annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.



6 years ago
UBS, Credit Suisse's emergency plans are effective: financial watchdog

UBS, Credit Suisse's emergency plans are effective: financial watchdog

The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday.



6 years ago
SoftBank-backed Grab raising $856 million from Japanese investors

SoftBank-backed Grab raising $856 million from Japanese investors

Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc , as it seeks to expand aggressively into financial services.



6 years ago
U.S. Supreme Court turns away religious bias claim against Walgreens

U.S. Supreme Court turns away religious bias claim against Walgreens

The U.S. Supreme Court on Monday handed a victory to Walgreens, turning away an appeal by a fired former Florida employee of the pharmacy chain who asked not to work on Saturdays for religious reasons as a member of the Seventh-day Adventist Church.



6 years ago
China's Didi to launch Japan food delivery service from April

China's Didi to launch Japan food delivery service from April

China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.



6 years ago
Mallinckrodt proposes $1.6 billion opioid deal, Chapter 11 for generics unit: WSJ

Mallinckrodt proposes $1.6 billion opioid deal, Chapter 11 for generics unit: WSJ

Mallinckrodt Plc is finalizing a settlement proposal of at least $1.6 billion that would place its U.S. generic drug business into bankruptcy to address the debt maturities and liabilities arising out of the opioid crisis, the Wall Street Journal reported on Monday.



6 years ago
Asia share slide pauses, awaiting clarity on pandemic risk

Asia share slide pauses, awaiting clarity on pandemic risk

Asian share markets found some stability on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce, allowing investors to take a breather from coronavirus fears.



6 years ago
Asian shares try to stabilize as S&P futures bounce

Asian shares try to stabilize as S&P futures bounce

Asian share markets were trying to stabilize on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce, allowing investors to take a break from coronavirus fears.



6 years ago
Oil bounces as investors hunt bargains; virus fears cap gains

Oil bounces as investors hunt bargains; virus fears cap gains

Oil rose on Tuesday as investors snapped up bargains after crude benchmarks dropped almost 4% in the previous session, but fears that the spreading coronavirus could wreak far greater economic damage than initially thought capped gains.



6 years ago
K-pop sensation BTS' label picks JPMorgan, others for IPO: media

K-pop sensation BTS' label picks JPMorgan, others for IPO: media

Big Hit Entertainment, the music label of South Korean boy band BTS, has chosen JPMorgan , NH Investment and Securities and others to handle its initial public offering (IPO), according to media reports.



6 years ago
Jim Cramer says groups of stocks are 'too toxic to touch' after Dow tanks 1,000 points

Jim Cramer says groups of stocks are 'too toxic to touch' after Dow tanks 1,000 points

CNBC's Jim Cramer warns investors not to buy shares of companies that are about to have supply chains cut due to coronavirus.

6 years ago
British fintech Revolut hits $5.5 billion valuation after funding round

British fintech Revolut hits $5.5 billion valuation after funding round

Digital banking app Revolut has raised $500 million in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.



6 years ago
Shake Shack sees delivery disruption thru 2020 with Grubhub partnership

Shake Shack sees delivery disruption thru 2020 with Grubhub partnership

Shake Shack Inc expects its delivery sales to be volatile throughout 2020 after its move last year to an exclusive partnership with third-party platform Grubhub Inc , it said on Monday.



6 years ago