Latest News on private equities market

France's Sanofi under investigation in Depakine birth defects case

France's Sanofi under investigation in Depakine birth defects case

French healthcare company Sanofi said it had been put under investigation over a legal case relating to Depakine, a medication known to have caused birth malfunctions and slow neurological development after being taken during pregnancy.



6 years ago
MUFG posts third-quarter net loss due to one-time charge on Indonesian unit, cuts outlook

MUFG posts third-quarter net loss due to one-time charge on Indonesian unit, cuts outlook

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, on Tuesday posted 25.7 billion yen ($236 million) net loss in the third quarter, as its banking unit booked a one-off charge on an Indonesian subsidiary.



6 years ago
Jewelry maker Pandora sees sales decline in 2020

Jewelry maker Pandora sees sales decline in 2020

Danish jewelry maker Pandora , which is struggling to revive its brand amid sluggish sales, said on Tuesday it had seen an improvement in the fourth quarter but that it would not return to sales growth this year.



6 years ago
BP boosts dividend despite profit fall as CEO Dudley bows out

BP boosts dividend despite profit fall as CEO Dudley bows out

BP on Tuesday raised its dividend and announced the completion of a $1.5 billion share buyback program in a sign of confidence in its growing oil and gas business on the last day in office for Chief Executive Bob Dudley.



6 years ago
Glencore fourth-quarter down in most metals but 2020 targets unchanged

Glencore fourth-quarter down in most metals but 2020 targets unchanged

Glencore posted a 6% fall in fourth-quarter copper production and a 13% decline in cobalt as the miner and trader shut its Mutanda mine ahead of schedule.



6 years ago
Bezos asks U.S. judge to dismiss lawsuit by girlfriend's brother: Bloomberg

Bezos asks U.S. judge to dismiss lawsuit by girlfriend's brother: Bloomberg

Amazon.com Inc Chief Executive Officer Jeff Bezos is urging a U.S. judge to dismiss a defamation lawsuit filed against him by the brother of his girlfriend Lauren Sanchez, Bloomberg reported https://www.bloomberg.com/news/articles/2020-02-04/bezos-urges-judge-to-dismiss-suit-by-girlfriend-s-brother?utm_campaign=socialflow-organic&utm_source=twitter&cmpid=socialflow-twitter-business&utm_medium=social&utm_content=business on Monday.



6 years ago
Stocks firmer as China's markets recoup some virus losses

Stocks firmer as China's markets recoup some virus losses

Asian stocks bounced on Tuesday with Chinese markets reversing some of their previous plunge amid official efforts to calm virus fears, although investor sentiment remained fragile with oil near 13-month lows.



6 years ago
FDA to hold public meeting on testing for asbestos in talc

FDA to hold public meeting on testing for asbestos in talc

For the first time in nearly 50 years, the U.S. Food and Drug Administration will examine asbestos testing for talc powders and cosmetics at a hearing on Tuesday.



6 years ago
Exclusive: Venezuelan banks begin storing dollars amid Maduro's liberalization - sources

Exclusive: Venezuelan banks begin storing dollars amid Maduro's liberalization - sources

At least half a dozen Venezuelan banks have begun storing in vaults millions of dollars and euros accumulated in cash by businesses during an unexpected economic liberalization by President Nicolas Maduro, according to sources.



6 years ago
Factbox: Britain's 2035 ban on new combustion car sales puts jobs at risk

Factbox: Britain's 2035 ban on new combustion car sales puts jobs at risk

Britain will ban the sale of new petrol and diesel cars from 2035 in an attempt to reduce air pollution, a step which accelerates a shift toward electric vehicles. Following are some of the possible challenges and consequences related to the decision:



6 years ago
ConocoPhillips misses profit estimates, boosts share buyback

ConocoPhillips misses profit estimates, boosts share buyback

U.S. oil and gas producer ConocoPhillips reported a lower-than-expected quarterly adjusted profit on Tuesday and boosted its share buyback program by $10 billion.



6 years ago
Tesla is jumping yet again, soaring 13% in early trading following a 19% surge on Monday

Tesla is jumping yet again, soaring 13% in early trading following a 19% surge on Monday

The surge on Tuesday comes after Tesla on Monday climbed nearly 20%, its biggest one-day gain in six years.

6 years ago
Latest fintechs focus on saving

Latest fintechs focus on saving

Investment Executive | Donalee Moulton | Jan 31, 2020 Advisors beware: These innovations will soon be making their mark in Canada As 2019 drew to a close, a team of banking, finance and technology experts, together with California-based HMBradley Inc., launched HMBradley, a digital-banking platform. The intent: to reward users for positive financial behaviours. The

6 years ago
ING ordered to pay 30 million euros to settle Italy money-laundering probe: source

ING ordered to pay 30 million euros to settle Italy money-laundering probe: source

A Milan court ordered Dutch lender ING to pay 30 million euros ($33.17 million) to settle a money-laundering case in Italy, a judicial source said on Tuesday.



6 years ago
Ferrari core profit misses estimates in fourth-quarter, lifts 2020 guidance

Ferrari core profit misses estimates in fourth-quarter, lifts 2020 guidance

Ferrari said on Tuesday its fourth-quarter core profit rose 22% to meet the Italian luxury carmaker's upgraded forecasts for last year.



6 years ago