Latest News on private equities market

Oil gains amid push by Saudi Arabia for further supply cuts

Oil gains amid push by Saudi Arabia for further supply cuts

Oil prices rose on Tuesday, as OPEC and its allies discuss whether to deepen a supply cut pact ahead of meetings this week, although prospects after Saudi Arabia's planned listing of Aramco fuelled uncertainty for traders, limiting gains.



6 years ago
Volkswagen headquarters raided again in connection with diesel scandal

Volkswagen headquarters raided again in connection with diesel scandal

Public prosecutors on Tuesday raided the Wolfsburg headquarters of Volkswagen as part of the investigation into the car maker's diesel scandal.



6 years ago
Nokia names veteran Sari Baldauf as group boss to take on 5G challenge

Nokia names veteran Sari Baldauf as group boss to take on 5G challenge

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
Unilever names Braams as new marketing head in expanded role

Unilever names Braams as new marketing head in expanded role

Consumer goods giant Unilever Plc on Tuesday appointed Conny Braams to the new post of chief digital and marketing officer, expanding the scope of a role previously held by advertising industry veteran Keith Weed.



6 years ago
Glencore CEO says he may step aside next year

Glencore CEO says he may step aside next year

Glencore CEO Ivan Glasenberg said on Tuesday he expected to be able to announce his successor next year, but said the timing was not yet certain.



6 years ago
Ross says Trump has flexibility on tariffs toward France, Europe

Ross says Trump has flexibility on tariffs toward France, Europe

President Donald Trump has wide latitude in handling trade with France and other European allies, including imposing tariffs, U.S. Commerce Secretary Wilbur Ross told CNBC in an interview in on Tuesday.



6 years ago
WTO rules that EU continues to provide unfair Airbus subsidies

WTO rules that EU continues to provide unfair Airbus subsidies

The World Trade Organization (WTO) ruled on Monday that the European Union continues to provide unfair subsidies to European planemaker Airbus , supporting the U.S. case for retaliatory tariffs.



6 years ago
Hong Kong leader warns U.S. law will hurt business confidence, promises economic relief

Hong Kong leader warns U.S. law will hurt business confidence, promises economic relief

Hong Kong leader Carrie Lam said on Tuesday U.S. legislation supporting protesters may damage business confidence in the financial hub, as she announced a fourth round of relief measures to boost the city's battered economy.



6 years ago
U.S. Cyber Monday sales to hit record $9.2 billion

U.S. Cyber Monday sales to hit record $9.2 billion

Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping.



6 years ago
Huawei plans to shift research center to Canada from U.S.: Globe and Mail

Huawei plans to shift research center to Canada from U.S.: Globe and Mail

Huawei Technologies Co Ltd plans to shift its research center to Canada from the United States, Ren Zhengfei, the founder of the Chinese telecoms equipment maker, said in an interview with Canada's Globe and Mail.



6 years ago
U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

The U.S. Trade Representative's office on Monday said it saw no basis in Monday's World Trade Organization report that would justify reducing U.S. retaliatory tariffs by $2 billion as Europe's Airbus has suggested.



6 years ago
Elon Musk's jury to be queried on opinions of billionaires, visitors to Thailand

Elon Musk's jury to be queried on opinions of billionaires, visitors to Thailand

Potential jurors in the defamation trial of high-tech entrepreneur Elon Musk may be excused from the case if they voice strong feelings about billionaires or people who visit Thailand.



6 years ago
Stocks drop as Trump's Brazil, Argentina tariffs revive trade angst

Stocks drop as Trump's Brazil, Argentina tariffs revive trade angst

Asian shares tumbled on Tuesday after U.S. President Donald Trump stunned markets with tariffs against imports from Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.



6 years ago
Oil rises for a second day as Saudi Arabia pushes supply cut

Oil rises for a second day as Saudi Arabia pushes supply cut

Oil prices rose for a second day on Tuesday as Saudi Arabia, the de facto OPEC leader and the world's biggest oil exporter, is pushing producers to deepen a supply cut agreement when suppliers meet this week, potentially lowering supply in 2020.



6 years ago
States fight bonus pay for CEO of OxyContin maker Purdue

States fight bonus pay for CEO of OxyContin maker Purdue

The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.



6 years ago