Latest News on private equities market

Japanese billionaire Maezawa in $9 million 'social experiment' giveaway

Japanese fashion tycoon Yusaku Maezawa is giving away $9 million to his Twitter followers in what he says is a "social experiment" to see if the payment boosts their happiness.



5 years ago

Saudi Aramco falls on U.S.-Iran tensions; debt markets little changed

Saudi Aramco shares fell to a new low on Wednesday after Iran launched missiles against U.S. targets in Iraq, but Gulf debt markets were fairly stable, as some had feared stronger retaliation from Iran.



5 years ago

Investors pause equity selling as fears of immediate Iran-U.S. escalation abate

European shares fell on Wednesday and U.S. equity futures pointed to weakness on Wall Street after Iran's attack on U.S.-led forces in Iraq, but earlier sharp market moves were starting to fade as fears abated that the raid would lead to an immediate military escalation.



5 years ago

Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars

Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to build "premium and intelligent electrified" vehicles under the smart brand.



5 years ago

McDonald's expands Beyond Meat burger trial to 52 more outlets in Canada

McDonald's Corp said on Wednesday it was expanding its pilot of plant-based meat burgers using Beyond Meat patty in 52 restaurants across Kitchener-Waterloo, Guelph and nearby areas in Canada.



5 years ago

Varta warns of patent infringements by Chinese firms, shares plunge

German battery maker Varta said on Wednesday that it has warned electronic goods traders after finding products with batteries from Chinese manufacturers which infringe on its patents.



5 years ago

Bytedance's video app TikTok bans 'misleading information'

Popular video-sharing app TikTok issued a broad ban on Wednesday against "misleading information" that could cause harm to its community or the public, setting itself apart from rivals like Facebook which say that they do not want to be arbiters of truth.



5 years ago

Luckin Coffee seeks more of China market, launches equity deals worth $821 million

Luckin Coffee Inc said it is expanding into vending machines that sell freshly brewed hot beverages and snacks, seeking even more of the China market after overtaking Starbucks Corp as the country's biggest coffee chain by number of stores.



5 years ago

McDonald's expands Beyond Meat burger trial to 52 Canadian outlets

McDonald's Corp said on Wednesday it would expand its vegan burgers trials using Beyond Meat patties to 52 restaurants in Canada, signaling a stronger push from the world's No. 1 fast-food chain into plant-based meat options.



5 years ago

Timeline: From arrest to flight - key dates in the Ghosn affair

Ousted Nissan boss Carlos Ghosn decided to flee Japan after learning his trial had been delayed until April 2021 and also because he had not been allowed to speak to his wife, sources close to Ghosn told Reuters.



5 years ago

Walgreens profit misses estimates on pharmacy weakness

Drugstore chain Walgreens Boots Alliance Inc posted a quarterly profit that missed expectations on Wednesday, hurt by lower payments from insurers on drugs sold, sending shares down nearly 4% before the bell.



5 years ago

Oil prices will climb above $100 a barrel if Iran blocks the Strait of Hormuz, analysts predict

Oil prices would skyrocket if Iran moved to completely cut off the Strait of Hormuz, energy analysts told CNBC on Wednesday.

5 years ago

Futures steady as Iran retaliation seen as contained

U.S. stock index futures turned higher on Wednesday after Iran signaled no further escalation in military strikes following its attack on U.S.-led forces in Iraq, allaying investor worries of a wider war in the Middle East.



5 years ago

Airlines re-route or cancel flights around Iraq, Iran after missile strike on U.S. troops

Major airlines canceled Iran and Iraq flights on Wednesday and re-routed others away from both countries' airspace, following an Iranian missile strike on United States-led forces in Iraq.



5 years ago

Investors pause equity selling as fears of immediate Iran-U.S. escalation fade

Global equities fell on Wednesday and Wall Street was set for a weaker open after Iran's attack on U.S.-led forces in Iraq, but earlier sharp market moves faded as fears abated that the raid would lead to an immediate military escalation.



5 years ago