Latest News on private equities market

Asian shares and U.S. stocks fell on Thursday as investors remained anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.

The safe-haven Japanese yen was firm and the Chinese yuan fragile on Thursday as traders kept a wary eye on the spread of a virus in China, while the ailing Australian dollar jumped after a surprise drop in unemployment.

Bankrupt California power producer PG&E Corp said on Wednesday it had reached a deal on its restructuring with creditors, who were pushing for a rival plan.

U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn't agree to a trade deal.

Airline flydubai, a major Boeing 737 MAX customer, is considering leasing additional aircraft following the latest setback to the grounded jet's return to service.

Renault Chairman Jean-Dominique Senard said Wednesday he hoped the decision on the French carmaker's new CEO would be made in "the coming days".

The Swiss franc fell on Wednesday on signs the central bank may be intervening to stop it rising further, outweighing the impact of concerns about the spread of a new coronavirus that have driven investors into safe-haven assets this week.

Johnson & Johnson on Wednesday posted a 32% rise in fourth-quarter profit, boosted by demand for its cancer drugs Darzalex and Imbruvica.

British carmaker Jaguar Land Rover (JLR) said on Wednesday it will cut around 10% of the workforce at its northern English Halewood factory as it changes shift patterns to boost efficiency at the site.

Sundar Pichai, the CEO of Alphabet Inc and its Google subsidiary, said on Wednesday that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to improve outcomes, and vowed that the technology giant will heed privacy concerns.

Canadian prosecutors are expected to defend on Wednesday their case to extradite Huawei Chief Financial Officer Meng Wanzhou to the United States saying Meng was arrested on charges of bank fraud, which is a crime in both countries, and not because of U.S. sanctions against Iran as argued by the defense.

Britain's impending decision on whether to allow Huawei [HWT.UL] to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology.

Elliott Management sold all its shares in Hyundai Motor Group companies last year, a South Korean newspaper reported on Wednesday, after the U.S. activist hedge fund's campaign demanding 7 trillion won ($6 billion) in dividends and board seats was thwarted in March.

German luxury carmaker Daimler issued the latest in a procession of profit warnings on Wednesday, hit by costs related to the industry's diesel emissions scandal, heavy investment in electric vehicles and production problems.

Oilfield services provider Baker Hughes Co missed analysts' estimates for quarterly profit on Wednesday, hit by lower orders in its business that supplies turbines and compressors to liquefied natural gas (LNG) producers.