Latest News on private equities market

Sanofi weighing options for consumer healthcare unit: sources

Sanofi weighing options for consumer healthcare unit: sources

Sanofi is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present a new strategic plan next month.



6 years ago
Huawei files application in Canada to stay extradition of CFO

Huawei files application in Canada to stay extradition of CFO

Huawei Technologies Co Ltd lawyers have filed an application to a Canadian court to immediately stay the extradition proceedings of the company's Chief Financial Officer Meng Wanzhou to the United States, a company spokesman said on Wednesday.



6 years ago
U.S. lawmakers question Google about collection of health records

U.S. lawmakers question Google about collection of health records

U.S. Presidential candidate Elizabeth Warren along with fellow Senators Richard Blumenthal and Bill Cassidy wrote a letter to Alphabet's Google on Wednesday to raise questions about its access to the health records of tens of millions of Americans.



6 years ago
Charity to pay $4 million to resolve U.S. pharma kickback probe

Charity to pay $4 million to resolve U.S. pharma kickback probe

A Florida-based charity will pay $4 million to resolve claims that it acted as a conduit for companies including Biogen Inc and Novartis AG to pay kickbacks to Medicare patients using their high-priced multiple sclerosis drugs, the U.S. Justice Department said on Wednesday.



6 years ago
Saudi Aramco to meet investors in Dubai and Abu Dhabi: sources

Saudi Aramco to meet investors in Dubai and Abu Dhabi: sources

Saudi Aramco plans meetings with investors in Dubai next week, sources said, in which it is seeking to raise up to $25.6 billion in the world's biggest share sale.



6 years ago
PayPal to buy rewards platform Honey Science for $4 billion

PayPal to buy rewards platform Honey Science for $4 billion

Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.



6 years ago
Apple starts construction of new campus in Texas

Apple starts construction of new campus in Texas

Apple Inc said on Wednesday it had started construction of a new campus in Austin, Texas, beside its existing facility where it makes the new MacBook Pro laptops.



6 years ago
If Lufthansa doesn't make concessions, we'll announce strikes - union

If Lufthansa doesn't make concessions, we'll announce strikes - union

Trade union UFO said on Wednesday that it would announce strikes that could fall during the Christmas period if Lufthansa does not make concessions in a wage dispute.



6 years ago
Continental to cut 5,040 jobs as combustion engine demand falls

Continental to cut 5,040 jobs as combustion engine demand falls

German auto supplier Continental on Wednesday said it would pare back its engine manufacturing activities as more stringent emissions rules threaten demand for combustion engine components, resulting in around 5,040 job losses by 2028.



6 years ago
Prosus criticizes rival Takeaway bid for Britain's Just Eat

Prosus criticizes rival Takeaway bid for Britain's Just Eat

Technology company Prosus on Wednesday criticized rival suitor Takeaway.com's bid for British food delivery service Just Eat, saying it presents "significant risks" for shareholders.



6 years ago
GM sues Fiat Chrysler, alleging union bribes cost it billions

GM sues Fiat Chrysler, alleging union bribes cost it billions

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars.



6 years ago
United Auto Workers accuse union president of false accounting

United Auto Workers accuse union president of false accounting

The United Auto Workers (UAW) said on Wednesday it has filed charges under its bylaws against its president, accusing him of "false, misleading and inaccurate expense records" and saying those charges could lead to his removal from his elected office and expulsion from the union.



6 years ago
Wall Street falls on concerns of U.S.-China trade deal delay

Wall Street falls on concerns of U.S.-China trade deal delay

Wall Street's main indexes closed lower on Wednesday on concerns a "phase one" trade deal between Washington and Beijing may not be completed this year.



6 years ago
Sino-U.S. spat over Hong Kong knocks world shares off 22-month high

Sino-U.S. spat over Hong Kong knocks world shares off 22-month high

World stocks were knocked off 22-month highs on Wednesday as a flare-up in Sino-U.S. tensions and the creeping return of U.S. recession fears fueled a bid for bonds and other "safe" assets such as gold.



6 years ago
Fed minutes show rates on hold, little hurry to change course

Fed minutes show rates on hold, little hurry to change course

A divided Federal Reserve that decided to hit pause in its easing cycle following a rate cut in October signaled in minutes of last month's meeting it was in no hurry to reassess the path of interest rates.



6 years ago