Latest News on private equities market

UK seeks big tariff reductions in U.S. trade deal

UK seeks big tariff reductions in U.S. trade deal

Britain is seeking far-reaching reductions in tariffs from a trade deal with the United States, trade minister Liz Truss said on Thursday, setting out the broad aims of her post-Brexit push to secure new free trade agreements.



6 years ago
Mitsubishi postpones SpaceJet delivery again, books $4.5 billion special loss

Mitsubishi postpones SpaceJet delivery again, books $4.5 billion special loss

Japan's Mitsubishi Heavy Industries said on Thursday it will book a 496.4 billion yen ($4.5 billion) special loss after its aircraft unit delayed the delivery of its SpaceJet regional jet for at least another year until after March 2021.



6 years ago
Honda may keep Wuhan plants closed longer due to outbreak: Nikkei

Honda may keep Wuhan plants closed longer due to outbreak: Nikkei

Honda Motor Co is considering keeping operations suspended for longer than planned at its three plants in the Chinese city at the center of the new coronavirus outbreak, the Nikkei newspaper reported on Thursday.



6 years ago
Drugmaker Sanofi expects further profit growth from narrowed focus

Drugmaker Sanofi expects further profit growth from narrowed focus

French drugmaker Sanofi on Thursday forecast further profit growth for 2020 even as it drops some research in areas such as diabetes in a shake-up to narrow its focus on blockbuster treatments including eczema medicine Dupixent.



6 years ago
Do you want to save on your 2019 taxes? Then grab these last-minute opportunities

Do you want to save on your 2019 taxes? Then grab these last-minute opportunities

We're in the early weeks of tax season, but if you're willing to do a little legwork, you can still trim your 2019 tax bill. Here's where to look.

6 years ago
Trump, Xi reaffirm backing for Phase 1 of U.S.-China trade deal

Trump, Xi reaffirm backing for Phase 1 of U.S.-China trade deal

U.S. President Donald Trump expressed confidence in China's strength and resilience in confronting its coronavirus outbreak during a conversation with President Xi Jinping on Thursday, a White House spokesman said.



6 years ago
Honda to keep vehicle plants in Wuhan suspended through Feb. 13

Honda to keep vehicle plants in Wuhan suspended through Feb. 13

Honda Motor Co said Friday it will keep operations at its vehicle plants in Wuhan, China, suspended through Feb. 13, as previously planned.



6 years ago
Toyota keeps China plant output stopped through Feb. 16 as virus hits supply, logistics

Toyota keeps China plant output stopped through Feb. 16 as virus hits supply, logistics

Toyota Motor Corp on Friday said production at all of its China plants would remain suspended through Feb. 16, joining a growing number of automakers facing stoppages due to supply chain issues as the coronavirus spreads.



6 years ago
Boeing's botched Starliner test flirted with 'catastrophic' failure: NASA panel

Boeing's botched Starliner test flirted with 'catastrophic' failure: NASA panel

Boeing narrowly missed a "catastrophic failure" during its December flight test of an unmanned space taxi that was cut short by an unrelated problem, a NASA safety review panel said Thursday, recommending that the agency examine Boeing's software verification process before letting it fly humans to space.



6 years ago
South Korea asks China for help in resuming production at auto parts plants

South Korea asks China for help in resuming production at auto parts plants

The South Korean government said on Friday it has asked Chinese regional governments for help in resuming production at South Korean auto parts suppliers' factories in China.



6 years ago
ViacomCBS to launch new streaming platform: source

ViacomCBS to launch new streaming platform: source

ViacomCBS is working on a streaming service that will build on CBS All Access, a person familiar with the matter said on Thursday.



6 years ago
Rally in stocks runs out of steam as coronavirus toll climbs

Rally in stocks runs out of steam as coronavirus toll climbs

A mid-week rally in Asian share markets halted on Friday and oil prices steadied as the growing death toll and economic damage from a new virus spreading from China curbed further gains.



6 years ago
Hedge fund Elliott Management builds $3 billion stake in SoftBank: sources

Hedge fund Elliott Management builds $3 billion stake in SoftBank: sources

Hedge fund Elliott Management Corp, one of the world's most powerful activist investors, has amassed a nearly $3 billion stake in SoftBank Group Corp and is pushing for changes to boost the Japanese conglomerate's value, sources said.



6 years ago
Aurora Cannabis to take C$1 billion in charges, cuts 500 jobs as CEO exits

Aurora Cannabis to take C$1 billion in charges, cuts 500 jobs as CEO exits

Aurora Cannabis said Chief Executive Terry Booth will retire and Executive Chairman Michael Singer become interim CEO as the beleaguered marijuana producer announced C$1 billion ($752.79 million) in impairment charges on Thursday.



6 years ago
Jury orders Johnson & Johnson to pay $750 million in New Jersey talc case

Jury orders Johnson & Johnson to pay $750 million in New Jersey talc case

Johnson & Johnson was ordered on Thursday by a New Jersey state jury to pay punitive damages of $750 million to four plaintiffs who allege that the company's Baby Powder caused their cancer, a ruling that will be reduced to around $185 million because of state laws, according to a lawyer for the plaintiffs and the company.



6 years ago