Latest News on private equities market

Qatar Airways spends $600 million to lift stake in BA owner to 25%

Qatar Airways spends $600 million to lift stake in BA owner to 25%

Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1%, strengthening its position ahead of a change in IAG management.



6 years ago
T-Mobile owner sets sights on becoming U.S. number one

T-Mobile owner sets sights on becoming U.S. number one

Deutsche Telekom is aiming to become market leader in the United States, CEO Tim Hoettges said on Wednesday, now that a deal for its T-Mobile US unit to take over Sprint is within reach.



6 years ago
U.S. urges EU to use 5G by Ericsson, Nokia, Samsung, seen on par with Huawei

U.S. urges EU to use 5G by Ericsson, Nokia, Samsung, seen on par with Huawei

EU countries have no reason to use 5G mobile technology from Huawei because Sweden's Ericsson , Finland's Nokia and South Korea's Samsung are on par with the Chinese group in the field, a senior U.S. diplomat said.



6 years ago
Kuwaiti parliament to investigate Airbus aircraft orders

Kuwaiti parliament to investigate Airbus aircraft orders

Kuwaiti lawmakers agreed on Wednesday to set up a committee to look into whether Airbus's aircraft orders from the Gulf Arab state involved alleged corruption, the state news agency reported.



6 years ago
BlackRock bolsters European management as part of regional expansion: memo

BlackRock bolsters European management as part of regional expansion: memo

BlackRock , the world's biggest asset manager, has appointed two executives to oversee its operations in continental Europe as part of efforts to expand in the region, a memo to staff on Wednesday seen by Reuters showed.



6 years ago
Oil up on slowing pace of coronavirus, Venezuela sanctions

Oil up on slowing pace of coronavirus, Venezuela sanctions

Oil prices rose on Wednesday, with Brent gaining for a seventh straight day, after a slowing of new coronavirus cases in China eased demand worries and supply was curtailed by a U.S. move to cut more Venezuelan crude from the market.



6 years ago
Renault shares fall after Moody's cuts its debt to 'junk' status

Renault shares fall after Moody's cuts its debt to 'junk' status

Renault's shares fell on Wednesday after Moody's cut its rating on the French carmaker's debt to "junk" status, citing weaker profitability as the company restructures and grapples with falling demand.



6 years ago
Citi, Deutsche start talks to sell $9 billion Dubai port company debt: sources

Citi, Deutsche start talks to sell $9 billion Dubai port company debt: sources

Citi and Deutsche Bank have started talks with other banks to sell roughly $9 billion in debt Dubai raised to take full control of DP World and refinance borrowings of Dubai World, sources familiar with the matter said on Wednesday.



6 years ago
Exclusive: JPMorgan shakes up investment bank in leadership makeover - sources

Exclusive: JPMorgan shakes up investment bank in leadership makeover - sources

JPMorgan is reshuffling senior management at the top of its investment bank, naming two new global co-heads and shifting some of its most senior dealmakers into new jobs focused purely on bringing in business, two sources told Reuters.



6 years ago
Wall Street slips at open following Apple's sales warning

Wall Street slips at open following Apple's sales warning

Shares of Apple Inc dragged down Wall Street's main indexes at the open on Tuesday, after a surprise sales warning from the iPhone maker fanned worries about the impact of the coronavirus outbreak in China on global supply chains.



6 years ago
Jaguar Land Rover to run out of Chinese parts for UK production after two weeks: CEO

Jaguar Land Rover to run out of Chinese parts for UK production after two weeks: CEO

Jaguar Land Rover has enough parts from China to maintain its British production for the next two weeks but not beyond that at the moment, Chief Executive Ralf Speth said on Tuesday.



6 years ago
Americans have $21 billion in unused gift cards — here's how to cash in

Americans have $21 billion in unused gift cards — here's how to cash in

Half of all adults currently own unredeemed gift cards or store credits amounting to $167, on average. Here's how to make the most of that money.

6 years ago
Morgan Stanley raises its 'bull case' on Tesla to $1200

Morgan Stanley raises its 'bull case' on Tesla to $1200

Morgan Stanley's most optimistic scenario would mean that the Tesla rally continues, with shares climbing another 50%.

6 years ago
Cramer says he thought Apple would be down more on the coronavirus warning, would not buy yet

Cramer says he thought Apple would be down more on the coronavirus warning, would not buy yet

"I am surprised it's not down more because it's not just supply, it's demand," the "Mad Money" host said.

6 years ago
Apple's surprise sales warning pressures futures

Apple's surprise sales warning pressures futures

U.S. stock index futures dropped on Tuesday as investors returned from a long weekend to a sales warning from Apple Inc that highlighted the impact of the coronavirus outbreak on global supply chains.



6 years ago