Latest News on private equities market

Yuan soars, yen falls as U.S. drops China FX manipulator label

Yuan soars, yen falls as U.S. drops China FX manipulator label

The Japanese yen plumbed eight-month lows while China's yuan climbed to its highest level since July on Tuesday as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.



6 years ago
Ford invests $82 million to expand Vietnamese plant

Ford invests $82 million to expand Vietnamese plant

Ford Motor Co said on Tuesday it is investing $82 million to expand its plant in northern Vietnam to boost production capacity.



6 years ago
BlackRock warns of backlash against firms delaying climate action

BlackRock warns of backlash against firms delaying climate action

BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth.



6 years ago
Yuan soars, yen falls as U.S. drops China forex manipulator label

Yuan soars, yen falls as U.S. drops China forex manipulator label

The Japanese yen plumbed eight-month lows while China's yuan climbed to its highest level since July on Tuesday as the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.



6 years ago
Ryanair says could start getting Boeing 737 MAX by April

Ryanair says could start getting Boeing 737 MAX by April

Ryanair could receive its first deliveries of up to 10 grounded 737 MAX aircraft from Boeing by April, Chief Marketing Officer Kenny Jacobs said on Tuesday, but cautioned the timing was dependent on regulators.



6 years ago
Lyft forms advisory council to improve platform safety

Lyft forms advisory council to improve platform safety

Lyft Inc is putting together a council of experts to advise the ride-hailing company on its safety initiatives for riders and drivers, it said in a blog post on Tuesday.



6 years ago
BlackRock takes tougher stance on climate after activist heat

BlackRock takes tougher stance on climate after activist heat

BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change, marking a significant shift in the public stance of the world's biggest investment manager amid mounting concerns about global warming.



6 years ago
Wells Fargo shares fall 2% after fourth-quarter profits, sales miss estimates

Wells Fargo shares fall 2% after fourth-quarter profits, sales miss estimates

Though bank stocks have performed well recently, Wells Fargo investors will look to earnings for any sign it could catch up to its peers.

6 years ago
Former Stobart boss Tinkler dumps stake in company

Former Stobart boss Tinkler dumps stake in company

Former boss and the fifth-largest shareholder of Stobart Group Ltd Andrew Tinkler dissolved his stake in the infrastructure and support services company, according to a regulatory filing on Tuesday.



6 years ago
Oil drops on concerns that U.S.-China trade deal may not stoke demand

Oil drops on concerns that U.S.-China trade deal may not stoke demand

Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the U.S. intends to keep tariffs on Chinese goods until a second phase.



6 years ago
Ghosn says French envoy told him Nissan was turning against him

Ghosn says French envoy told him Nissan was turning against him

Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.



6 years ago
Hyundai unveils first Genesis SUV in renewed overseas premium push

Hyundai unveils first Genesis SUV in renewed overseas premium push

South Korea's Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque's expansion in overseas markets.



6 years ago
ValueAct's Ubben cheers BlackRock's new stance on climate change

ValueAct's Ubben cheers BlackRock's new stance on climate change

Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies to tackle climate change or face his wrath.



6 years ago
Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding

Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding

Malaysia Airlines said on Wednesday it has suspended taking delivery of 25 Boeing 737 MAX jets, citing the plane's delayed return to service since it was grounded last year following two fatal crashes.



6 years ago
If you'll hit age 65 soon and are still working, here's what to do about Medicare

If you'll hit age 65 soon and are still working, here's what to do about Medicare

With a growing share of older Americans working, more are faced with making a decision about Medicare when they turn 65 because they already have health insurance through their job. Here are costs and rules to consider.

6 years ago