Latest News on private equities market

HP rejects Xerox's $33.5 billion offer to buy the company

HP Inc said on Sunday it had rejected an offer from printer maker Xerox Corp to buy the personal computer maker.



5 years ago

Renault to have CEO shortlist soon but not in rush: Sueddeutsche Zeitung

Renault will have soon drawn up a shortlist of candidates for chief executive officer but there is no rush, the French carmaker's chairman told a German newspaper.



5 years ago

Boeing, Airbus kept in suspense over big Dubai jet deals

Airbus and Boeing fought to save billions of dollars of jet deals on Sunday as host airline Emirates kept the Dubai Airshow in suspense over dozens of tentative orders designed to fine-tune the world's largest international airline network.



5 years ago

HP says open to exploring bid for Xerox

HP Inc said on Sunday it was open to exploring a bid for U.S. printer maker Xerox Corp after rebuffing a $33.5 billion cash-and-stock acquisition offer from the latter as "significantly" undervaluing the personal computer maker.



5 years ago

Made in China: Samsung farms out more phones to fend off rivals

Samsung's plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it's a strategy fraught with risks, people with familiar with the move said.



5 years ago

SoftBank's Yahoo Japan, Line Corp announce merger

Japanese telco SoftBank Corp on Monday announced plans to merge its internet unit Yahoo Japan with messaging app operator Line Corp as it scoops up troubled internet companies to bulk up against rivals like Rakuten Inc .



5 years ago

Asia shares in waiting mode ahead of Fed, ECB events

Asian share markets got the week off to a muted start on Monday as jaded investors awaited real evidence on progress in the U.S.-China trade dispute, though sentiment found support from another record close on Wall Street.



5 years ago

Ford bets on an electric Mustang to charge its turnaround

The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker.



5 years ago

Factbox: Ford bets Mustang muscle can sell an electric SUV

Ford Motor Co has tried and failed to generate interest in utilitarian electric vehicles such as a battery-powered Focus compact car. Now, the company is using the high-performance image of its Mustang muscle cars to sell an electric SUV. Here are some details of the Mustang Mach E's design and performance.



5 years ago

Asia shares tick higher as China cuts repo rate

Asian shares blipped higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that more stimulus was on the way for the world's second-largest economy.



5 years ago

SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger

Japan's SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc .



5 years ago

U.S. expected to grant Huawei 90-day license extension Monday: sources

The Trump administration is set to issue a 90-day extension of a license on Monday allowing U.S. companies to continue doing business with China's Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said.



5 years ago

Asia shares hauled higher as China trims key repo rate

Asian shares ticked higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that further stimulus was on the way for the world's second-largest economy.



5 years ago

Morgan Stanley says global growth should recover in 2020 as trade tensions and monetary policy ease

The bank forecasts global economic growth of 3.2% next year, compared to 3% in 2019.

5 years ago

Boeing says timing of 737 MAX return in hands of regulators

Boeing said on Saturday the U.S. Federal Aviation Administration and other global regulators would decide the timing of the return to service of its 737 MAX, which has been grounded since March in the wake of two fatal crashes.



5 years ago