Latest News on private equities market

Asia shares pause near high ground, oil jumps on Libya shutdown

Asia shares pause near high ground, oil jumps on Libya shutdown

Asian shares held near a 20-month top on Monday even as investors took some money off the table following a strong run recently, while oil jumped to more than a one-week high after two large crude production bases in Libya began shutting down.



6 years ago
Oil rises to more than a week high after Libyan outage

Oil rises to more than a week high after Libyan outage

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.



6 years ago
China calls on Canada to release Huawei executive Meng

China calls on Canada to release Huawei executive Meng

China urged Canada on Monday to release detained Huawei Technologies executive Meng Wanzhou as soon as possible.



6 years ago
Subaru sets mid-2030s target to sell only electric vehicles

Subaru sets mid-2030s target to sell only electric vehicles

Japan's Subaru Corp set a target on Monday to sell only electric vehicles worldwide by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.



6 years ago
Uber sells Indian food delivery arm to Ant Financial-backed Zomato

Uber sells Indian food delivery arm to Ant Financial-backed Zomato

Uber has sold its 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, limiting its exposure to a crowded market where it has struggled to grow.



6 years ago
Asia shares lurch lower, China flu risks mount

Asia shares lurch lower, China flu risks mount

Asian shares took a sudden lurch lower on Tuesday as mounting concerns about a new strain of pneumonia in China sent a ripple of risk aversion through markets.



6 years ago
Oil prices ease as supply risk concerns fade

Oil prices ease as supply risk concerns fade

Oil prices eased on Tuesday as investors appeared to shrug off earlier supply concerns following a force majeure declared by Libya on two major oilfields amid a military blockade.



6 years ago
Asia shares lurch lower, flu concerns a possible culprit

Asia shares lurch lower, flu concerns a possible culprit

Asian shares took a sudden lurch lower on Tuesday as a ripple of risk aversion swept markets, though analysts could find no obvious trigger for the move.



6 years ago
Huawei CFO's lawyer attacks U.S. extradition case in Canadian trial

Huawei CFO's lawyer attacks U.S. extradition case in Canadian trial

A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that "double criminality" was at the center of a trial to decide whether she can be extradited to the United States, a case that has strained relations between Ottawa and Beijing.



6 years ago
How this 29-year-old went from yacht skipper to founder of a $500 million software start-up

How this 29-year-old went from yacht skipper to founder of a $500 million software start-up

German HR start-up Personio just secured a $75 million funding round led by Accel, which values the company at close to $500 million.

6 years ago
Asia shares camp on high ground, oil jumps on Libya shutdown

Asia shares camp on high ground, oil jumps on Libya shutdown

Asian shares neared a 20-month top on Monday as Wall Street extended its run of record peaks on solid U.S. economic data and lashes of liquidity from the Federal Reserve.



6 years ago
Guoxuan says in talks with Volkswagen, hasn't reached binding agreement

Guoxuan says in talks with Volkswagen, hasn't reached binding agreement

Guoxuan High-Tech Co Ltd is in talks with Volkswagen AG for potential strategic cooperation in technology, product, and capital, the Chinese battery maker wrote in a company filing on Monday.



6 years ago
Oil surges as Libyan pipeline shutdown cripples output

Oil surges as Libyan pipeline shutdown cripples output

Oil prices jumped on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.



6 years ago
Samsung Electronics appoints new mobile chief

Samsung Electronics appoints new mobile chief

Samsung Electronics, the world's top smartphone maker, said on Monday that it has named President Roh Tae-moon as its new mobile chief as part of a management shake-up.



6 years ago
Subaru sets mid-2030s target to sell only electric vehicles worldwide

Subaru sets mid-2030s target to sell only electric vehicles worldwide

Japan's Subaru Corp set a target on Monday for all the vehicles it sells worldwide to be electric by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.



6 years ago