Latest News on private equities market

British Airways, union agree pay deal to settle dispute: source

British Airways and its pilots' union BALPA have reached an agreement to end a pay dispute that resulted in the first walkout by pilots in the airline's history, a source familiar with the matter said on Friday.



5 years ago

Exclusive: Chevron CEO plans major cost-cutting overhaul of production teams - sources

Chevron Corp Chief Executive Michael Wirth is preparing sweeping changes at the No. 2 U.S. oil and gas company that would cut costs and streamline operations in a drive to boost profitability, according to people familiar with the matter.



5 years ago

Airbnb business outside U.S., China had $46 million profit in 2018

Airbnb's business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss of $97.22 million the previous year, according to an earnings statement the company filed in Dublin, Ireland, and made public on Friday.



5 years ago

Boeing's top communications official to retire as 737 MAX crisis drags on

Boeing Co's head of corporate communications, Ann Toulouse, elected to step down from her role and would retire next year, the world's largest planemaker said on Friday.



5 years ago

Judge leaves door open for Mediaset, Vivendi to reach agreement

A Milan judge gave Italian broadcaster Mediaset and its shareholder Vivendi another week to settle a dispute over plans for a Dutch-based holding to drive Mediaset's European growth, potentially opening the way to ending a three-year legal battle.



5 years ago

Bayer's Monsanto pleads guilty to illegal Hawaii pesticide spraying

Monsanto pleaded guilty to spraying a banned pesticide on the Hawaiian island of Maui, and agreed to pay $10.2 million in criminal fines and other payments for the spraying and for illegally storing hazardous waste, U.S. prosecutors said.



5 years ago

Ray Dalio denies report hedge fund Bridgewater has bearish bet on market

Bridgewater Associates' Ray Dalio said on Friday his hedge fund does not have a net bet that the stock market will fall, taking issue with a story published earlier in the Wall Street Journal.



5 years ago

Federal pension fund says bill banning China investment is discriminatory

The group overseeing a large U.S. federal pension fund said recent legislation aimed at preventing it from investing in China-based companies will deprive its participants of a significant opportunity for retirement returns if passed.



5 years ago

EU countries back tough line on 5G suppliers in potential blow to Huawei

EU countries on Friday endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected, potentially dealing a blow to telecoms equipment market leader Huawei Technologies.



5 years ago

Wall Street Weekahead: Conditions may be set for Santa Claus rally

A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019.



5 years ago

More foreign firms halted U.S. deals amid Trump administration scrutiny: report

More overseas companies investigated by U.S. authorities for national security concerns have abandoned investments in the United States since President Donald Trump took office, a report showed on Friday, signaling headwinds for key sources of funding for U.S. companies.



5 years ago

Jet industry's grand masters fight to a draw in Dubai

After insisting for 15 years that the superjumbo is the future, Emirates airline has been forced by the demise of the A380 to embrace smaller wide-body jets, resulting in a flurry of maneuvers between planemakers at this week's Dubai Airshow.



5 years ago

Argentina creditors jockey for lead ahead of $100 billion debt talks

By Karin Strohecker, Marc Jones, Rodrigo Campos and Cassandra Garrison



5 years ago

Trump vague about whether he will veto bills that back Hong Kong protesters

U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.



5 years ago

British Airways, pilots' union agree preliminary pay deal to end dispute

British Airways and its pilots' union BALPA have reached a preliminary agreement to end the pay dispute that resulted in the first walkout by pilots in the airline's history, the union said on Friday.



5 years ago