Latest News on private equities market

Foxconn's Gou to discuss trade war, investment on U.S. trip

Foxconn's Gou to discuss trade war, investment on U.S. trip

Terry Gou, the billionaire founder of Apple supplier Foxconn, said on Tuesday he would discuss investment and the China-U.S. trade war while in the United States, adding that he may get to meet U.S. President Donald Trump again.



6 years ago
Factbox: Elon Musk's tweets bring controversy, nearly 30 million followers

Factbox: Elon Musk's tweets bring controversy, nearly 30 million followers

British cave explorer Vernon Unsworth is suing Tesla Chief Executive Elon Musk for defamation over three tweets on July 15, 2018, including one in which Musk allegedly branded him a pedophile, calling him "pedo guy."



6 years ago
Oil rises as Saudi Arabia pushes for further supply cuts

Oil rises as Saudi Arabia pushes for further supply cuts

Oil prices gained on Tuesday, as hopes rose for OPEC and its allies to agree deeper output cuts when they meet this week, although gains were limited, amid some analysts' scepticism over the achievement of further reductions.



6 years ago
Asian stocks drop as Trump's new tariffs revive trade gloom

Asian stocks drop as Trump's new tariffs revive trade gloom

Asian shares fell on Tuesday after U.S. President Donald Trump stunned markets by imposing tariffs on imports from Brazil and Argentina, rekindling fears over global trade tensions, while weak U.S. factory data added to the investor gloom.



6 years ago
Institutions have subscribed for 5.9 billion shares of Aramco IPO - lead bankers

Institutions have subscribed for 5.9 billion shares of Aramco IPO - lead bankers

Saudi Aramco has received orders worth 189.04 billion riyals ($50.4 billion) for the institutional tranche of its planned initial public offering (IPO), its financial advisers said in a joint statement on Tuesday.



6 years ago
South Korean court upholds record fine against U.S. chip giant Qualcomm

South Korean court upholds record fine against U.S. chip giant Qualcomm

A South Korean court on Wednesday upheld a record $873 million fine against U.S. chip giant Qualcomm for unfair business practices related to patent licensing and modem chip sales, rejecting the company's appeal against the penalty.



6 years ago
Shares slide as Trump raises specter of longer, wider trade war

Shares slide as Trump raises specter of longer, wider trade war

Asian shares extended their losses on Wednesday after U.S. President Donald Trump said a trade deal with China might have to wait until after the 2020 presidential election, dashing hopes for a quick preliminary agreement.



6 years ago
Oil rises before OPEC+ meet, lifted by drop in U.S. crude stocks

Oil rises before OPEC+ meet, lifted by drop in U.S. crude stocks

Oil prices rose on Wednesday ahead of a meeting of OPEC and its allies to discuss whether to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices.



6 years ago
South Korean court upholds $873-million fine against U.S. chip giant Qualcomm

South Korean court upholds $873-million fine against U.S. chip giant Qualcomm

A South Korean court on Wednesday upheld a record $873 million fine against U.S. chip giant Qualcomm for unfair business practices related to patent licensing and modem chip sales.



6 years ago
Thyssenkrupp presents 'complex' turnaround plan for steel - workers

Thyssenkrupp presents 'complex' turnaround plan for steel - workers

Ailing conglomerate Thyssenkrupp has worked out a new strategy for the group's steel business, a leading labor representative said on Tuesday, adding the roadmap included significant investments but also restructuring steps.



6 years ago
Oil steadies after slide on Trump's U.S-China trade comments

Oil steadies after slide on Trump's U.S-China trade comments

Oil steadied on Tuesday, settling narrowly mixed as expectations of output cuts from OPEC and allied producers helped prices bounce after a slide following comments from U.S. President Donald Trump that a trade deal with China may be delayed.



6 years ago
Factbox: Trump has upended relationships with nine of 10 top U.S. trading partners

Factbox: Trump has upended relationships with nine of 10 top U.S. trading partners

During his election campaign in 2016, U.S. President Donald Trump promised to shake up global trade and bring down America's growing trade deficits.



6 years ago
Elon Musk's 'pedo guy' tweet defamed British diver, lawyer says as U.S. trial starts

Elon Musk's 'pedo guy' tweet defamed British diver, lawyer says as U.S. trial starts

Elon Musk ruined what should have been a highlight of a British diver's life by falsely accusing him of being a pedophile, a lawyer for the diver said on Tuesday as the defamation trial against Tesla Inc's chief executive got under way.



6 years ago
Huawei urging suppliers to break the law by moving offshore: Ross

Huawei urging suppliers to break the law by moving offshore: Ross

China's telecoms giant Huawei has been encouraging its suppliers to violate U.S. law by telling them to move operations offshore in a bid to avoid U.S. sanctions, Commerce Department Secretary Wilbur Ross told Reuters on Tuesday.



6 years ago
Stocks fall, bonds climb amid concern over longer trade war

Stocks fall, bonds climb amid concern over longer trade war

A comment by President Donald Trump that a deal to end the U.S.-China trade war might not come until after the November 2020 election weighed on global stock markets on Tuesday, sending investors to the safety of bonds.



6 years ago