Latest News on private equities market

Fiat Chrysler boss Manley to head European auto lobby group ACEA

The European carmakers' association (ACEA) has appointed Fiat Chrysler Chief Executive Mike Manley as its new president from January 2020, it said on Thursday.



5 years ago

Ferrari CEO expects fully-electric car after 2025

Ferrari will issue its first fully electric model after 2025, with battery technology still requiring more development, Chief Executive Louis Camilleri said.



5 years ago

Saudi Aramco hits $2 trillion market cap on second day of trading

The record figure was long ridiculed and regarded with disbelief by much of the financial community.

5 years ago

Stocks near record highs, pound wavers before election result

World shares took another run at record highs on Thursday, as the right messages from the U.S. Federal Reserve set traders up for a packed day of central bank meetings and a Brexit-defining election in Britain.



5 years ago

Navigating the Great Reset: Fintech in Canada in 2020

Remillard Consulting Group | Richard Remillard | Dec 11, 2019 At this time of year, predictions for 2020 are starting to rain down with as much frequency as occurs in Vancouver in the winter months. At the risk of waterlogging readers and, hopefully, with slightly more accuracy than weather forecasters in the era of climate

5 years ago

U.S. weekly jobless claims race to more than two-year high

The number of Americans filing applications for unemployment benefits jumped to more than a two-year high last week, but that probably does not signal a pickup in layoffs as the claims data tends to be volatile in the period following the Thanksgiving Day holiday.



5 years ago

Retirement savings haven't recovered from the Great Recession. Here's why 401(k) plans haven't helped

New research shows that the retirement savings rate has not returned to pre-Financial Crisis levels. And 401(k) plans, which were supposed to replace pensions, are letting some American families fall through the cracks, according to the Economic Policy Institute.

5 years ago

Factbox: Nestle CEO Mark Schneider's top deals over the past three years

Mark Schneider, Nestle's first outside chief executive officer in almost a century, has made big strides in positioning the world's largest food company for the future with aggressive deal making since taking over in January 2017.



5 years ago

Nokia, Daimler, others agreed to mediation to resolve licensing dispute

Nokia, German carmaker Daimler and several car parts suppliers have agreed to independent mediation to resolve their technology licensing dispute, the Finnish telecoms equipment maker said on Thursday.



5 years ago

Oil market to remain oversupplied despite deepening OPEC+ cuts: IEA

Global oil inventories could rise sharply despite OPEC and its allies deepening their output cuts and slowing U.S. production growth, the International Energy Agency (IEA) said on Thursday.



5 years ago

Saudi Aramco hits Crown Prince's $2 trillion goal despite valuation doubts

Saudi Aramco hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the state-owned oil firm's value.



5 years ago

Ferrari CEO does not expect fully-electric model until after 2025

Ferrari won't have its first fully electric model ready until after 2025 as the battery technology requires more development, Chief Executive Louis Camilleri said, pushing back expectations.



5 years ago

Samsung to invest an extra $8 billion in China chip plant: media

Samsung Electronics will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday.



5 years ago

Southwest reaches partial compensation agreement with Boeing for MAX damages

Southwest Airlines Co said on Thursday it had reached a confidential compensation agreement with Boeing Co for a portion of the projected financial damages related to its 737 MAX aircraft grounding.



5 years ago

Futures eke out gains after Fed holds rates steady

U.S. stock index futures edged higher on Thursday, a day after the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook of the economy.



5 years ago