Latest News on private equities market

Amazon must check for trade mark violations: EU court adviser

U.S. online retail giant Amazon is not liable for unwittingly stocking trade mark infringing goods for third-party sellers, but should be diligent in checking whether products are legal, an adviser to Europe's top court said on Thursday.



5 years ago

A major UK lender just launched a digital bank to compete with Monzo and Revolut | Interview with Bó CEO

CNBC | Chloe Taylor | Nov 28, 2019 British lender NatWest has launched a digital bank to compete in the U.K.’s thriving fintech space. NatWest — a subsidiary of RBS — launched cloud-based bank Bo on Wednesday, with the service going live on both Apple’s App store and Google Play. Those who sign up to

5 years ago

Exclusive: Big four auditors face investor calls for tougher climate scrutiny

European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.



5 years ago

Timeline: A turbulent decade for grain trader Louis Dreyfus and its owner

Louis Dreyfus Co (LDC) has launched a sweeping cost-cutting plan in the latest attempt to revive profits at the 168-year-old family-owned firm, one of the world's largest agricultural commodity merchants.



5 years ago

Italy's Cavalli rescued by Dubai's Damac chairman

Italian fashion house Roberto Cavalli was bought on Thursday by Hussain Sajwani, the chairman of Dubai's Damac Properties , the companies said, ending a long sale process.



5 years ago

Morgan Stanley dismisses traders linked to concealment of multimillion-dollar loss: Bloomberg

Morgan Stanley has fired or placed on leave at least four traders over alleged mismarking of securities that concealed losses of between $100 million and $140 million, Bloomberg reported on Thursday citing people familiar with the matter.



5 years ago

Royal Mail union loses appeal to overturn injunction to halt strike

Britain's Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and holiday season next month.



5 years ago

Green's in fashion as Lithuanian used clothes site joins $1 billion club

Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania's first technology startup to reach "unicorn" status with a valuation of over $1 billion.



5 years ago

Wave of European Cannabis firms to list in 2020, analyst says

Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American "pot stocks" frenzy, a leading industry analyst said on Thursday.



5 years ago

Royal Mail union loses appeal to overturn injunction halting strike

Britain's Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and the holiday season next month.



5 years ago

Permira, North Face owner among bidders for sneaker brand Golden Goose: sources

U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources familiar with the matter told Reuters.



5 years ago

State-controlled lender Banco do Brasil sees 2020 profit up 10%: CFO

Brazilian state-controlled lender Banco do Brasil SA sees its profits likely to grow 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.



5 years ago

PSA readying sale of its stake in Chinese tie-up with Changan

Peugeot maker PSA Group is preparing to sell its 50% stake in a joint venture with Chongqing Changan Automotive , a Chinese partner also exiting the manufacturing tie-up, a spokesman for the French carmaker said on Thursday.



5 years ago

Hedge funds control 35-45% of Osram shares in headache for suitor AMS: source

Hedge funds control 35-45% of the shares of German lighting group Osram , posing a headache for Austrian suitor AMS as the investors may press for the $5 billion offer to be sweetened, a person close to the matter said on Thursday.



5 years ago

State-controlled lender Banco do Brasil sees 2020 profit up 10%

Brazilian state-controlled lender Banco do Brasil SA sees its profits likely growing 10% in 2020 from this year, its Chief Financial Officer Carlos Hamilton Araujo said on Thursday in a meeting with analysts.



5 years ago