Latest News on private equities market

Danish shipping group Maersk said on Thursday it would lay off staff at its main offices in Denmark and in other countries.

European Union lawmakers approved an increase in U.S. beef imports to the EU on Thursday, a move likely to ease transatlantic tensions.

China on Thursday reiterated its pledge to further widen market access for foreign capital and lower non-tariff trade barriers, as it aims to boost flagging trade amid a slowing economy and a trade war with the United States.

Axel Springer's price-comparison shopping service Idealo and 40 other European peers have accused Alphabet Inc's Google of tilting the playing field in its favor and urged EU antitrust regulators to enforce a ruling against the company.

The retail portion of Saudi Aramco's initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2 billion), lead manager Samba Capital said on Thursday.

Louis Dreyfus Company is making sweeping cost cuts, starting with travel, entertainment, hiring and salaries, as the 168-year-old agricultural commodities firm tries to revive dwindling profits.

Luxury brands are likely to retreat from Hong Kong as the city is wracked by protests at a time when wealthy Chinese shoppers are staying on the mainland, consultancy Bain said on Thursday, highlighting a shift that is reshaping the global industry.

Barclays is planning to cut the 396,000 pounds ($508,068) pension allowance it pays Chief Executive Jes Staley by around half, echoing moves by rivals who have pledged to rein in executive pension perks following a campaign by investors.

Bloomberg News  | Zheping Huang and Olga Kharif | Nov 27, 2019 (Bloomberg) -- China’s latest crypto-crackdown is already claiming its first casualties. At least five local exchanges have halted operations or announced they will no longer serve domestic users this month, after regulators issued a series of warnings and notices as part of a

Betakit | Meagan Simpson | Nov 27, 2019 Revolut has begun rolling out early access to accounts for Canadian users, BetaKit has learned. The move comes ahead of the challenger bank’s official launch within Canada. Originally started in the UK in 2015, Revolut is a FinTech startup looking to disrupt the traditional banking industry. It

India plans to cap the commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a maximum 10% of the total fare, according to a draft proposal seen by Reuters, a move industry experts warned would hit revenue and operations.

ADBI | Nov 27, 2019 The development of financial technology has already radically altered the landscape of the financial system in Asia and promises to have an even greater impact in coming years. This book provides a comprehensive introduction to the principles and developments regarding central bank digital currency and fintech. The first part of

Here's where you can retire nicely on just $30,000 a year ... outside the U.S.

Swiss drugmaker Novartis's new $90 million cell and gene therapy factory in northern Switzerland is on track to begin commercial production of treatments, including Kymriah for cancer and Zolgensma for spinal muscular atrophy, in 2020.

There's a very real cost to fighting traffic on your way to the office. Residents in our nation's capital are paying $12,015 on average each year to get to work, according to an analysis from Clever Real Estate.