Latest News on private equities market

Fiat Chrysler CEO Manley to be part of new group after PSA merger: chairman

Fiat Chrysler Chief Executive Mike Manley will remain with the new group set to result from a planned merger with French rival PSA-Peugeot , Chairman John Elkann said on Wednesday.



5 years ago

McDonald's shuts all Peru restaurants to mourn dead workers

McDonald's has shut all its restaurants in Peru for two days of mourning after two of its employees died, the burger chain said on Twitter.



5 years ago

Long road ahead as Fiat Chrysler, Peugeot agree $50 billion merger

Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories.



5 years ago

Timeline: Fiat Chrysler and Peugeot merger marks next round of consolidation

Fiat Chrysler and Peugeot maker PSA on Wednesday reached a binding agreement for their roughly $50 billion merger, as the auto industry scrambles to develop zero-emissions vehicles and tackle slowing demand.



5 years ago

Futures pause after Wall Street's record run; FedEx sinks

U.S. stock index futures were flat on Wednesday as investors paused after Wall Street's record-setting spree, while FedEx eyed its worst day since September after cutting its annual profit forecast for the second time this year.



5 years ago

Mistry's reinstatement at Tata Sons backed by tribunal

Cyrus Mistry has won backing from a tribunal for reinstatement as executive chairman of Tata Sons, the holding company behind Indian conglomerate Tata Group, lawyers said on Wednesday, knocking shares in group companies.



5 years ago

World shares remain near record peaks

World stocks remained just off record highs on Wednesday after climbing for five straight sessions, while Britain's pound nursed heavy losses as Brexit uncertainty returned.



5 years ago

AIG names COO Peter Zaffino as president

American International Group Inc on Thursday named Peter Zaffino, the executive overseeing a turnaround effort of the company's general insurance unit, as the company's president.



5 years ago

Saturday before Christmas expected to be the biggest U.S. shopping day of 2019

U.S. retailers are expected to ring up record sales on Super Saturday this year, as fewer days than usual between Thanksgiving and Christmas have squeezed shoppers to finish their purchases.



5 years ago

Wall Street holiday parties try dropping booze for bootcamps, smoothies

Fruit smoothies may become the new martini for Wall Street holiday parties.



5 years ago

Aramco shares slip on day of MSCI, Tadawul inclusion

Saudi Aramco shares fell almost 3% on Wednesday as investors pocketed profits on the day it was included in the MSCI Emerging Markets Index and the Saudi Tadawul index .



5 years ago

Indian tribunal backs Mistry's reinstatement at Tata Sons

Cyrus Mistry has won backing from a tribunal to be reinstated as executive chairman of Tata Sons, the holding company behind Indian conglomerate Tata Group, lawyers said on Wednesday, knocking shares in group companies.



5 years ago

Drive me crazy: Colombia ride-hailing apps, tech firms bristle at regulations

Uber driver Juan Jose is quick to cover his cell phone with the red rag he keeps in his front seat whenever he spots a police officer on the streets of Bogota.



5 years ago

Long road ahead as Fiat Chrysler, Peugeot agree to $50 billion merger

Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the challenge of winning over regulators and delivering on a pledge to slash costs without closing factories.



5 years ago

Merkel unaware of any pressure exerted by China over Huawei

German Chancellor Angela Merkel said on Wednesday she had not been told about the Chinese authorities making any threats if Huawei were to be excluded from Germany's 5G rollout and she reiterated she was against excluding any single firm.



5 years ago