Latest News on private equities market

Lifeblood of Amazon merchants threatened as coronavirus infects Chinese workers

Lifeblood of Amazon merchants threatened as coronavirus infects Chinese workers

Amazon.com Inc sellers are bracing for product shortages as Chinese workers - worried about the fast-spreading coronavirus - may be unable or unwilling to return to idled factories.



6 years ago
Japan telecom SoftBank Corp CEO sees Elliott investment as 'positive'

Japan telecom SoftBank Corp CEO sees Elliott investment as 'positive'

Japanese telecom SoftBank Corp's CEO Ken Miyauchi on Friday welcomed hedge fund Elliott Management's investment in parent SoftBank Group Corp saying the activist investor's assessment of the stock as undervalued was "positive".



6 years ago
U.S. 'Section 232' auto decision on hold for possible U.S.-EU trade deal: Kudlow

U.S. 'Section 232' auto decision on hold for possible U.S.-EU trade deal: Kudlow

White House economic adviser Larry Kudlow said on Friday that a U.S. decision to impose "Section 232" national security tariffs on cars and auto parts imported from the European Union is on pause amid attempts to reach a U.S.-EU trade deal.



6 years ago
Carmakers close Chinese factories because of coronavirus

Carmakers close Chinese factories because of coronavirus

Automakers and parts suppliers have shut factories in China, in line with government guidelines, or have flagged a hit to profits following the coronavirus outbreak.



6 years ago
Exclusive: France ramps up pressure to shift $200 billion euro clearing away from London - sources

Exclusive: France ramps up pressure to shift $200 billion euro clearing away from London - sources

France is looking at ways to lure clearing in euro derivatives away from London to the European Union to lessen the risk of any forced "relocation" backfiring by driving business instead to the U.S., financial industry officials said.



6 years ago
BP's downstream boss Erginbilgic to leave next month

BP's downstream boss Erginbilgic to leave next month

BP's head of downstream Tufan Erginbilgic will step down next month after six years in the job, the energy company said in a statement, becoming the latest top executive to leave as CEO Bernard Looney takes over.



6 years ago
Thiam quits as Credit Suisse CEO after spying scandal split

Thiam quits as Credit Suisse CEO after spying scandal split

Credit Suisse Chief Executive Tidjane Thiam has quit after a power struggle with Chairman Urs Rohner at Switzerland's second-biggest bank over a damaging spying scandal.



6 years ago
Global stocks stumble toward best week since June

Global stocks stumble toward best week since June

Nagging coronavirus worries took a swipe at world markets on Friday, though that wasn’t going to stand in the way of the best week for stocks since June and the strongest for the dollar since August.



6 years ago
U.S. interest lifts shares in Huawei rivals Ericsson, Nokia

U.S. interest lifts shares in Huawei rivals Ericsson, Nokia

Shares in Ericsson and Nokia rose sharply on Friday, a day after a U.S. official suggested the United States should consider buying stakes in the telecom equipment makers to counter China-based Huawei's dominance in 5G wireless technology.



6 years ago
Mild weather boosts U.S. job growth; but benchmark revisions show ebbing momentum

Mild weather boosts U.S. job growth; but benchmark revisions show ebbing momentum

U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment.



6 years ago
ArcelorMittal, commissioners extend talks on Italy's Ilva plant: lawyer

ArcelorMittal, commissioners extend talks on Italy's Ilva plant: lawyer

ArcelorMittal and commissioners of the Ilva steelworks in southern Italy have agreed to extend talks to the end of the month after making progress towards a possible deal to buy the plant, a lawyer for the company said on Friday.



6 years ago
Tightrope Thiam: comeback CEO stung by a spying scandal

Tightrope Thiam: comeback CEO stung by a spying scandal

Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse, some of those who have worked with him predict.



6 years ago
White House sees minimal impact on U.S. economy from China's coronavirus

White House sees minimal impact on U.S. economy from China's coronavirus

The White House's economic adviser on Friday said that President Donald Trump's administration does not expect the coronavirus in China will have a major effect on the U.S. economy.



6 years ago
Swedish central bank set to keep rates steady on Feb. 12, and through 2021: Reuters Poll

Swedish central bank set to keep rates steady on Feb. 12, and through 2021: Reuters Poll

Sweden's central bank is expected to keep its benchmark interest rate at zero at a policy meeting next week and is not expected to alter its stance for the foreseeable future, a Reuters poll showed on Friday.



6 years ago
Blue collar boom? College grads, baby boomers big winners in Trump's economy

Blue collar boom? College grads, baby boomers big winners in Trump's economy

U.S. President Donald Trump rolled out an eye-catching statistic in his State of the Union address Tuesday: the wealth held by the poorest half of American households increased three times as fast as the wealth held by the "1%" since he became president.



6 years ago