Latest News on private equities market

NMC Health vice chair quits, shares fall further

NMC Health said on Friday Executive Vice Chairman Khalifa Butti Omeir Bin Yousef had resigned from its board, the latest sign of turbulence at the United Arab Emirates largest private healthcare provider as it eyes a sale to one of two private equity groups.



5 years ago

Samsung's jailed board chairman quits

Samsung Electronics' board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.



5 years ago

Zuckerberg ready for Facebook to pay more tax as welcomes rules review

Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean it may have to pay more taxes in different countries, excerpts of a speech he is due to deliver in Germany on Saturday show.



5 years ago

Oil prices rise 1%, on course for weekly gain

Oil prices rose on Friday and held on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown.



5 years ago

VW to shut coal-fired power stations at main factory to cut CO2

Volkswagen is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company's carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.



5 years ago

Mitsubishi Motors delays factory restart in China on coronavirus

Mitsubishi Motors Corp is postponing the restart of its factory with Guangzhou Automobile Group in Hunan province until 27 due to the coronavirus outbreak, the Japanese automaker said on Friday.



5 years ago

Euro zone GDP slows as expected in fourth-quarter, but employment beats consensus

Euro zone economic growth slowed as expected in the last three months of 2019 as gross domestic product shrank in France and Italy against the previous quarter, but employment growth picked up more than expected, official estimates showed on Friday.



5 years ago

Volkswagen diesel settlement talks with German consumer groups fail

Volkswagen said talks with consumer groups who were seeking compensation over excessive pollution, caused by VW's diesel cars, had failed.



5 years ago

'Terrible' WeWork bet caused us headaches: T. Rowe Price

Asset management firm T. Rowe Price Group Inc has called its investment in WeWork a "debacle" that caused the firm "outsized headaches and disappointments" and left it holding shares worth just a fraction of their original value.



5 years ago

Volkswagen to shut coal-fired power stations at main factory to cut CO2

Volkswagen is shutting down two coal-fired power stations at its main plant in Wolfsburg, Germany and has declined offers to sell them to cut down the company's carbon dioxide emissions, Chief Executive Herbert Diess said on Friday.



5 years ago

Tesla prices its secondary offering at $767 a share, raising $2 billion

Tesla said on Friday it will sell 2.65 million shares at that price, which is a 4.6% discount to its Thursday close.

5 years ago

Delta to invest $1 billion to curb global air travel's climate impact

Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a commitment of that scale.



5 years ago

Google criticizes EU over 'eye-catching' $2.6 billion antitrust fine

Google on Friday called on Europe's second-top court to throw out what it called an eye-catching 2.4 billion euros ($2.6 billion) EU antitrust fine, saying there was no factual or legal basis to the inflated amount.



5 years ago

Europe wants G20 to make taxing digital giants top priority this year

Europe wants the world's financial leaders to make it their top priority this year to reach a deal on global rules for taxing digital giants like Google , Amazon and Facebook , a document showed.



5 years ago

European shares hit record even as coronavirus shows no signs of peaking

Stock markets across the world ticked higher on Friday, even as investors debated whether China's coronavirus outbreak would cause long-lasting damage to the global economy.



5 years ago