Latest News on private equities market

China can fulfil $40 billion U.S. farm purchase pledge: consultancy

China can fulfil $40 billion U.S. farm purchase pledge: consultancy

China will make good on a pledge to purchase more than $40 billion per year of U.S. agricultural products under the recently agreed Phase 1 trade deal between the two countries, China's top agriculture consultancy said on Friday.



6 years ago
Dismal decade for emerging markets casts pall over repeated 'buy' notes

Dismal decade for emerging markets casts pall over repeated 'buy' notes

One of the hardiest investment fixtures has been the annual 'buy' note on emerging markets equities, but their dismal performance over the past decade begs the question why.



6 years ago
Factbox: Nestle CEO Mark Schneider's top deals since his appointment in 2017

Factbox: Nestle CEO Mark Schneider's top deals since his appointment in 2017

Mark Schneider, Nestle's first outside chief executive officer in almost a century, has made big strides in positioning the world's largest food company for the future with aggressive deal making since taking over in January 2017.



6 years ago
Oil steady near three-month highs on trade deal progress; set for third weekly rise

Oil steady near three-month highs on trade deal progress; set for third weekly rise

Oil prices were steady close to three-month highs on Friday, heading for a third consecutive weekly rise, on the back of easing Sino-U.S. trade tensions that have weighed on demand as well as the global economic growth outlook.



6 years ago
China says Canada's attempt to link U.S. trade matter with other issues doomed to fail

China says Canada's attempt to link U.S. trade matter with other issues doomed to fail

China's foreign ministry said on Friday Canada's attempt to link Sino-U.S. trade matters with other issues is doomed to fail.



6 years ago
Turkish Airlines prepping case against Boeing over 737 MAX: news agency

Turkish Airlines prepping case against Boeing over 737 MAX: news agency

Turkish Airlines is preparing to open a court case against Boeing Co due to uncertainty regarding the plane manufacturer's 737 MAX jetliner, Demiroren news agency said on Thursday evening.



6 years ago
Two deals in pocket but no holiday cheer for U.S. trade chief Lighthizer

Two deals in pocket but no holiday cheer for U.S. trade chief Lighthizer

U.S. Trade Representative Robert Lighthizer was looking forward to some holiday peace and quiet after wrapping up trade deals with the United States' most important trading partners - China, Mexico, and Canada - last week.



6 years ago
Chipotle accused of violating U.S. labor law on union organizing

Chipotle accused of violating U.S. labor law on union organizing

The general counsel of a U.S. labor agency has accused Chipotle Mexican Grill Inc of violating U.S. labor law by allegedly firing an employee in New York in retaliation for complaining about workplace problems and trying to organize with a union.



6 years ago
AFL-CIO's Trumka says USMCA is first step to undoing evils of NAFTA

AFL-CIO's Trumka says USMCA is first step to undoing evils of NAFTA

The new North American trade deal addresses most concerns of U.S. labor unions, Richard Trumka, head of the AFL-CIO union federation, said on Thursday, but even so he expects it could take more than a decade to reverse job losses resulting from the original 25-year-old trade pact.



6 years ago
Norwegian Air hoping to agree Boeing 737 MAX compensation this year

Norwegian Air hoping to agree Boeing 737 MAX compensation this year

Norwegian Air hopes to agree compensation from Boeing by year-end over the grounding of the 737 MAX, the airline's acting CEO said, as it counts the costs of having 18 of the aircraft grounded since March.



6 years ago
SoftBank's Yahoo Japan exits Oyo's Japan apartment venture

SoftBank's Yahoo Japan exits Oyo's Japan apartment venture

SoftBank-controlled Yahoo Japan has pulled out of a Japanese apartment rental venture with Oyo Hotels and Homes, in the latest setback for the loss-making Indian startup.



6 years ago
Exclusive: BP's incoming CEO won't initially take up Rosneft board seat - company sources

Exclusive: BP's incoming CEO won't initially take up Rosneft board seat - company sources

Incoming Chief Executive Bernard Looney will not take up either of BP's seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said.



6 years ago
UK accounting watchdog extends probe into EY audit of Thomas Cook

UK accounting watchdog extends probe into EY audit of Thomas Cook

Britain's Financial Reporting Council (FRC) has added an extra year to its investigation into accountant EY's audit of Thomas Cook, the holiday company that collapsed in September leaving tens of thousands of people stranded abroad.



6 years ago
Ant Financial appoints Simon Hu as CEO, part of Alibaba's executive shuffle

Ant Financial appoints Simon Hu as CEO, part of Alibaba's executive shuffle

E-commerce giant Alibaba Group Holding Ltd and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba.



6 years ago
Volkswagen takes one-two punch in Australia with fine, regulatory proceedings

Volkswagen takes one-two punch in Australia with fine, regulatory proceedings

Volkswagen AG took two raps in Australia on Friday as a federal court upheld a fine on the German car maker as part of a global diesel emissions cheating scandal and a regulator started penalty proceedings against one of its financial units.



6 years ago