Latest News on private equities market

Fiat Chrysler, Peugeot owner agree to binding $50 billion merger deal

Fiat Chrysler, Peugeot owner agree to binding $50 billion merger deal

Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry.



6 years ago
Lenovo founder Liu Chuanzhi to retire

Lenovo founder Liu Chuanzhi to retire

Lenovo Group's founder, Liu Chuanzhi, will retire at the year end as chairman of its parent Legend Holdings, the company said on Wednesday.



6 years ago
World shares hover near record highs as investors pause for breath

World shares hover near record highs as investors pause for breath

World stocks hovered just off record highs on Wednesday after climbing for five straight sessions, while Britain's pound nursed heavy losses in the wake of renewed Brexit uncertainty.



6 years ago
Swatch threatens to seek damages over Swiss antitrust agency's measures

Swatch threatens to seek damages over Swiss antitrust agency's measures

Swatch Group threatened on Wednesday to pursue damages after it said the Swiss competition authority COMCO wants to prohibit the world's biggest watch maker from supplying watch mechanisms to other companies during 2020.



6 years ago
Daimler, BMW exiting North American car-sharing market

Daimler, BMW exiting North American car-sharing market

BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market and will halt operations in Montreal, New York, Seattle, Washington D.C. and Vancouver.



6 years ago
Brazilian regulator says Vale dam near Brumadinho is structurally sound

Brazilian regulator says Vale dam near Brumadinho is structurally sound

A dam owned by iron ore company Vale SA that was the subject of an investigative report by a TV program last week is structurally sound and there is no reason for concern, Brazil's national mining regulator said late on Tuesday.



6 years ago
Asian shares tiptoe higher, sterling wounded before BoE

Asian shares tiptoe higher, sterling wounded before BoE

Asian shares edged higher on Thursday amid growing confidence in the global outlook following improving economic indicators and a preliminary trade deal between the United States and China.



6 years ago
Dish chief Ergen says he asked for senator's help on T-Mobile/Sprint

Dish chief Ergen says he asked for senator's help on T-Mobile/Sprint

Dish Network Corp Chairman Charlie Ergen testified on Wednesday that the Justice Department's antitrust chief advised him in May to ask a senator to speak to the Federal Communications Commission about approving a key piece of the merger of wireless carriers T-Mobile and Sprint .



6 years ago
Workers are losing as much as $400 million annually in this tax-advantaged account

Workers are losing as much as $400 million annually in this tax-advantaged account

If you have a few dollars kicking around in that health-care flexible spending account, you have two weeks to use up your cash or lose it. Here's what you should know.

6 years ago
Automakers to pay $3 billion in new U.S. tariffs under USMCA: budget estimate

Automakers to pay $3 billion in new U.S. tariffs under USMCA: budget estimate

U.S. President Donald Trump's rewrite of North American trade rules will cost automakers nearly $3 billion more in tariffs over the next decade for cars and parts that will not meet higher regional content requirements over the next decade, the Congressional Budget Office (CBO) estimates.



6 years ago
Wall Street extends record-setting climb on upbeat economic data

Wall Street extends record-setting climb on upbeat economic data

Wall Street's major indexes inched higher on Tuesday, extending their record-setting rally, as strong housing and manufacturing data bolstered investors' confidence in the U.S. economy.



6 years ago
PG&E submits multi-party proposal for California wildfires

PG&E submits multi-party proposal for California wildfires

PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).



6 years ago
Boeing 737 MAX freeze divides suppliers into haves and have-nots

Boeing 737 MAX freeze divides suppliers into haves and have-nots

Boeing Co's decision to suspend aerospace's biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to iron out their own wrinkles.



6 years ago
UK ad watchdog asks BAT to remove some Instagram posts on e-cigarette

UK ad watchdog asks BAT to remove some Instagram posts on e-cigarette

British American Tobacco (BAT) must stop advertising its e-cigarettes from any public account on Instagram, including influencers' accounts, the UK's advertising watchdog ruled on Wednesday.



6 years ago
WeWork arranges $1.75 billion credit line with Goldman Sachs

WeWork arranges $1.75 billion credit line with Goldman Sachs

Shared workplace operator WeWork said on Tuesday it has arranged a $1.75 billion letter of credit with Goldman Sachs that is in the process of being syndicated and whose funds are expected to be available in January.



6 years ago