Latest News on private equities market

British supermarket group Sainsbury's said on Wednesday that Roger Davis, chairman of its poorly performing banking division, will step down.

A drop in airline flights from China and Hong Kong due to the coronavirus is increasing demand for private jets as wealthy passengers try to get out, executives say, but travel bans and nervous crew have kept that from translating to more business.

Airbus said on Wednesday its Airbus Helicopters unit had signed an order for six H135 military training helicopters from the Royal Thai Air Force.

The Mobile World Congress (MWC), the annual telecoms industry gathering that draws more than 100,000 visitors to Barcelona, was canceled on Wednesday after a mass exodus by exhibitors due to fears over the coronavirus outbreak.

Wall Street closed at record highs on Wednesday as news that the coronavirus outbreak could be running out of steam kept buyers in the ring.

A U.S. Republican lawmaker on Wednesday urged California to fire the chief investment officer of its public pension fund, the nation's largest, citing what he called the CIO's "long and cozy" relationship with Beijing, and assailed the fund's investments in Chinese companies.

Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash.

MGM Resorts International's Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday.

The Pentagon is likely to back restrictions to Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on U.S. exports to the blacklisted Chinese technology company, Politico reported on Wednesday.

Canadian e-commerce company Shopify Inc's full-year revenue forecast above analysts' estimates and better-than-expected quarterly earnings on higher holiday sales, pushed its shares to a record high on Wednesday.

Goldman began holding its "Talks at GS" a few years ago as an informal interview series for employees.

BP set one of the oil sector's most ambitious targets for curbing carbon emissions on Wednesday as new chief executive Bernard Looney began the biggest revamp in its 111-year history.

Boeing Co Chief Financial Officer Greg Smith said on Wednesday it will take at least a couple of years before the 737 MAX airplane can be produced at the 57-unit monthly rate that Boeing had targeted before the jet was grounded last year.

Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the sustainability of the record-long U.S. economic expansion, now in its 11th year.

Alstom's board will meet on Wednesday evening to discuss buying Bombardier's rail unit, sources familiar with the matter said, and a media report said the French train maker has valued the business at just under $7 billion.