Latest News on private equities market

Alibaba raises further $1.7 billion in over-allotted shares in HK listing

Alibaba raises further $1.7 billion in over-allotted shares in HK listing

Chinese e-commerce giant Alibaba said on Tuesday it has raised an additional HK$13.17 billion ($1.68 billion) by exercising the over-allotment option in its Hong Kong secondary listing.



6 years ago
Safran suspends electric jet taxiing project after Airbus ends talks

Safran suspends electric jet taxiing project after Airbus ends talks

France's Safran SA has shelved plans to install an electric taxiing system on Airbus A320 jets after the planemaker halted discussions on the project, it chief executive said.



6 years ago
Goldman Sachs to launch new products and services on Amazon's cloud

Goldman Sachs to launch new products and services on Amazon's cloud

Goldman Sachs Group Inc will be launching new technology-based products and services for its institutional clients on Amazon's cloud next year, bank Chief Executive David Solomon said at a conference on Tuesday.



6 years ago
Nokia to name former networks head Sari Baldauf as chairman

Nokia to name former networks head Sari Baldauf as chairman

Finnish telecoms equipment maker Nokia said on Tuesday its board would name Sari Baldauf to succeed Risto Siilasmaa as board chairman at the next annual shareholders meeting.



6 years ago
Oil falls as Trump says China trade deal could be delayed

Oil falls as Trump says China trade deal could be delayed

Oil prices fell on Tuesday after U.S. President Donald Trump said that a trade deal with China could be delayed until after the next U.S. presidential election, though losses were capped by expectations for deeper output cuts from OPEC and its allies.



6 years ago
New Netflix analyst on Wall Street says stock could fall 15% if its forced to spend more on content

New Netflix analyst on Wall Street says stock could fall 15% if its forced to spend more on content

Citi transferred coverage of Netflix to an analyst with a neutral rating and a $325 per share price target.

6 years ago
Explainer: Macron's quest for an international tax on digital services

Explainer: Macron's quest for an international tax on digital services

The United States has threatened punitive duties of up to 100% on $2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm U.S. technology companies.



6 years ago
Johnson & Johnson confirms no asbestos in Johnson's Baby Powder

Johnson & Johnson confirms no asbestos in Johnson's Baby Powder

Johnson & Johnson said on Tuesday that more tests showed that Johnson's Baby Powder was free of asbestos after U.S. Food and Drug Administration investigations had found trace amounts of the material.



6 years ago
Shifting from Institutions to Retail Clients — NYSE direct listings

Shifting from Institutions to Retail Clients — NYSE direct listings

Future of Finance | Lex Sokolin | Dec 2, 2019 A core thesis I've held for a decade now is that personal finance -- what many in the industry call "end clients" -- is the tail wagging the dog. If you are a multi-billion dollar portfolio manager at KKR, or a multi-million dollar trader at

6 years ago
Nokia plans to appoint former networks head Sari Baldauf as chairman

Nokia plans to appoint former networks head Sari Baldauf as chairman

Telecoms equipment maker Nokia announced on Tuesday that it plans to appoint its former networks chief Sari Baldauf as chairman, succeeding Risto Siilasmaa who will step down after eight years in the job.



6 years ago
Fear of expanding trade war sinks global equities; bonds rally

Fear of expanding trade war sinks global equities; bonds rally

Signs that a deal to end the trade war between the United States and China might not come until after the November 2020 elections weighed on global equity markets Tuesday as investors sought out the perceived safety of bonds.



6 years ago
Wall St. extends declines as Commerce Secretary Ross comments on China tariffs

Wall St. extends declines as Commerce Secretary Ross comments on China tariffs

U.S. stocks extended declines on Tuesday as U.S. Commerce Secretary Wilbur Ross said on CNBC that U.S. tariffs on Chinese imports due Dec. 15 would be imposed unless there was substantive progress in trade talks.



6 years ago
U.S. judge disqualifies Huawei lawyer from fraud, sanctions case

U.S. judge disqualifies Huawei lawyer from fraud, sanctions case

A U.S. judge on Tuesday disqualified James Cole, a Washington lawyer for China's Huawei, from defending the telecommunications equipment maker against charges of bank fraud and sanctions violations.



6 years ago
Bridgewater's co-CEO Eileen Murray is leaving the world's largest hedge fund

Bridgewater's co-CEO Eileen Murray is leaving the world's largest hedge fund

Eileen Murray, co-CEO of the world's largest hedge fund, Bridgewater, is leaving to pursue "the next chapter in her career."

6 years ago
U.S. has not ruled out imposing tariffs on imported autos: Commerce chief

U.S. has not ruled out imposing tariffs on imported autos: Commerce chief

U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period end in November with no action.



6 years ago