Latest News on private equities market

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

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.



6 years ago
Samsung's jailed board chairman quits

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.



6 years ago
NMC Health vice chair quits, shares fall further

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.



6 years ago
Investors bet emerging markets will weather coronavirus impact

Investors bet emerging markets will weather coronavirus impact

Investors are edging back into emerging markets, even though worries about the coronavirus's impact on global economic growth have clouded prospects for the boom-and-bust asset class.



6 years ago
Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Nissan shares tumble to ten-and-a-half year low after earnings rout; Renault also suffers

Shares of Nissan Motor Co sank to their lowest in more than a decade on Friday, after deep cuts to the troubled Japanese automaker's earnings forecast and dividend raised questions about its future profitability.



6 years ago
European shares scale record even as coronavirus shows no signs of peaking

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

European shares touched record highs on Friday as investors digested whether China's coronavirus outbreak would cause long-lasting damage to global economy.



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

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.



6 years ago
Boeing to extend labor contract with engineer's union by four years

Boeing to extend labor contract with engineer's union by four years

U.S. planemaker Boeing Co said it has agreed to a tentative deal with its engineers' union to extend its labor contract by another four years.



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

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.



6 years ago
NBA champ turned tech investor Andre Iguodala counts Zoom's triple since IPO as best investment

NBA champ turned tech investor Andre Iguodala counts Zoom's triple since IPO as best investment

"We're doing it for long-term growth and understanding the process and kind of seeing the future," NBA champion Andre Iguodala said of his investing strategy.

6 years ago
Zuckerberg accepts Facebook may pay more tax in different places: Politico

Zuckerberg accepts Facebook may pay more tax in different places: Politico

Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.



6 years ago
Oil prices steady, on course for weekly gain

Oil prices steady, on course for weekly gain

Oil prices edged up Friday and held on track for their first weekly gain since early January, backed by expectations that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic.



6 years ago
Nissan's South Korean unit planning voluntary redundancies: source

Nissan's South Korean unit planning voluntary redundancies: source

Nissan Motor Co's South Korean unit plans to seek applications for voluntary redundancy, a person with knowledge of the matter said on Friday, as the automaker's shares sank to their lowest in more than a decade.



6 years ago
India court stalls Amazon, Flipkart antitrust probes: lawyers

India court stalls Amazon, Flipkart antitrust probes: lawyers

An Indian antitrust investigation of Amazon.com Inc and Walmart's Flipkart has been put on hold by a court, three lawyers involved in the proceedings told Reuters on Friday.



6 years ago
China urges U.S. to stop suppressing Chinese companies after Huawei indictment

China urges U.S. to stop suppressing Chinese companies after Huawei indictment

China's foreign ministry said on Friday it urges the United States to immediately stop suppressing Chinese companies without reason, after U.S. prosecutors unveiled a new indictment against Huawei Technologies.



6 years ago