Latest News on private equities market

Uber cuts losses from Eats business in India with sale to Zomato

Uber cuts losses from Eats business in India with sale to Zomato

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial.



6 years ago
Manager and machine: The new leadership equation

Manager and machine: The new leadership equation

McKinsey & Company | By Martin Dewhurst and Paul Willmott | Sep 2014 As artificial intelligence takes hold, what will it take to be an effective executive? What would it take for algorithms to take over the C-suite? And what will be senior leaders’ most important contributions if they do? Our answers to these admittedly

6 years ago
Uber tests feature allowing some California drivers to set fares: WSJ

Uber tests feature allowing some California drivers to set fares: WSJ

Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday, citing a person involved in developing the feature.



6 years ago
Huawei CFO's legal team to contest U.S. extradition in day 2 of Canada hearing

Huawei CFO's legal team to contest U.S. extradition in day 2 of Canada hearing

Huawei Chief Financial Officer Meng Wanzhou is set to return to a Vancouver court on Tuesday, where her lawyers will build on their arguments against the U.S. extradition request that they say is based a sanctions violation and not bank fraud.



6 years ago
Apple lawsuit tests if an employee can plan rival startup while on payroll

Apple lawsuit tests if an employee can plan rival startup while on payroll

Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture - that employees can plan a competing venture while still in a job.



6 years ago
Oil market shrugs off Libya crisis

Oil market shrugs off Libya crisis

Oil prices fell more than 1% on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya's crude production to a trickle.



6 years ago
EU decision on LSE-Refinitiv deal expected in a few months: LSE director

EU decision on LSE-Refinitiv deal expected in a few months: LSE director

European competition authorities are expected to rule on the London Stock Exchange's $27 billion takeover of data and analytics company Refinitiv "around the summer", an LSE board member said on Tuesday.



6 years ago
JP Morgan announces new division to fund at least $100 billion in emerging market projects

JP Morgan announces new division to fund at least $100 billion in emerging market projects

There is a $2.5 trillion shortfall in investment to achieve the goals set by the United Nations to address climate change, health, education and food security in the developing world by 2030.

6 years ago
Airbus adds new A321 production capabilities in France to meet strong demand

Airbus adds new A321 production capabilities in France to meet strong demand

European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to cope with strong demand.



6 years ago
KFC apologizes for 'sexist' Australian ad: report

KFC apologizes for 'sexist' Australian ad: report

KFC apologized for an advertisement in Australia that shows two young boys staring at a woman's breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called "sexist", the Australian Associated Press reported.



6 years ago
BP appoints new finance chief as Looney prepares to take over

BP appoints new finance chief as Looney prepares to take over

BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.



6 years ago
Oil falls again as amply global supply seen offsetting Libyan outage

Oil falls again as amply global supply seen offsetting Libyan outage

Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.



6 years ago
Toyota to recall 3.4 million vehicles worldwide, air bags may not deploy in crashes

Toyota to recall 3.4 million vehicles worldwide, air bags may not deploy in crashes

Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.



6 years ago
Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney

Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney

Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars.



6 years ago
Trump to break bread with Apple's Cook and other CEOs: sources

Trump to break bread with Apple's Cook and other CEOs: sources

U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources familiar with the situation.



6 years ago