Latest News on private equities market

Oil drops to 13-month low on weak Chinese demand, traders eye OPEC+ cuts

Oil drops to 13-month low on weak Chinese demand, traders eye OPEC+ cuts

Oil prices fell to their lowest level since December 2018 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.



6 years ago
Climate activists invade BlackRock office in Paris

Climate activists invade BlackRock office in Paris

Dozens of climate activists invaded U.S. asset manager BlackRock's office in central Paris on Monday, calling for the fund to pull out of fossil fuel investments.



6 years ago
China's first-quarter smartphone sales may halve due to coronavirus: analysts

China's first-quarter smartphone sales may halve due to coronavirus: analysts

China's smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports.



6 years ago
Coronavirus prompts Sony, NTT to join Barcelona congress exodus

Coronavirus prompts Sony, NTT to join Barcelona congress exodus

Japanese wireless carrier NTT Docomo and Sony Corp pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak.



6 years ago
Xerox sweetens offer for HP

Xerox sweetens offer for HP

Xerox Holdings Corp raised its offer to buy HP Inc by $2 to $24 per share on Monday, following several rejections of its previous buyout offer by the PC maker.



6 years ago
Google plan to buy into largest African wind farm ended by delay

Google plan to buy into largest African wind farm ended by delay

Google's plans to buy a 12.5% stake in Africa's largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday.



6 years ago
Amazon challenges India antitrust probe in court: filing

Amazon challenges India antitrust probe in court: filing

Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause "irreparable" loss and damage to its reputation, according to its court filing seen by Reuters.



6 years ago
Futures tread water as investors weigh coronavirus impact

Futures tread water as investors weigh coronavirus impact

U.S. stock index futures were flat on Monday after Wall Street's rise last week, with investors monitoring the economic impact of the coronavirus outbreak and company updates as workers returned to work in China.



6 years ago
China rejects Foxconn's request to resume production in key Shenzhen plant: source

China rejects Foxconn's request to resume production in key Shenzhen plant: source

Taiwan's Foxconn was not allowed to resume production in its plant in the southern Chinese city of Shenzhen that had been shut due to the coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday.



6 years ago
State of Financial Services Industry Report 2020 (Oliver Wyman):  When Vision and Value Collide

State of Financial Services Industry Report 2020 (Oliver Wyman): When Vision and Value Collide

Olivery Wyman | Chris Allchin and Ted Moynihan | February 2020 Financial institutions face a big challenge: creating the business of the future from the legacy they have today. There is considerable investment and activity underway to make this transformation. Firms have set up incubators, accelerators, and innovation teams, often consuming considerable management attention. They

6 years ago
In Dutch court, fugitive Ghosn fights for document release

In Dutch court, fugitive Ghosn fights for document release

Lawyers for Carlos Ghosn, the fugitive former automotive executive, on Monday argued in a Dutch court for the release of internal documents relating to his dismissal by Nissan Motor and Mitsubishi Motors .



6 years ago
Apple supplier Foxconn restarts key China plant with 10% workforce: source

Apple supplier Foxconn restarts key China plant with 10% workforce: source

Apple supplier Foxconn got approval to resume production at a key China plant after being forced to shut it following a coronavirus outbreak, but only 10% of the factory's workforce has managed to return so far, a source told Reuters.



6 years ago
Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak

Alibaba offers $2.86 billion in loans to firms hit by coronavirus outbreak

Alibaba Group Holdings said on Monday its affiliate Ant Financial's MYBank unit would offer 20 billion yuan ($2.86 billion) in loans to companies in China in light of the coronavirus outbreak, with preferential terms for Hubei firms.



6 years ago
Exclusive: Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak - sources

Exclusive: Hundreds of Chinese firms seek billions in loans amid coronavirus outbreak - sources

More than 300 Chinese firms including Meituan Dianping , China's largest food delivery company, and smartphone maker Xiaomi Corp are seeking bank loans totaling at least 57.4 billion yuan ($8.2 billion) to soften the impact of the coronavirus, two banking sources said.



6 years ago
In Dutch court, Ghosn seeks release of internal documents

In Dutch court, Ghosn seeks release of internal documents

Lawyers for Carlos Ghosn, the fugitive former automotive executive, on Monday argued in a Dutch court for the release of internal documents relating to his dismissal by Nissan Motor and Mitsubishi Motors .



6 years ago