Latest News on private equities market

T-Mobile CEO Legere to step down next year, shares slip

T-Mobile CEO Legere to step down next year, shares slip

T-Mobile US Inc said on Monday Chief Executive Officer John Legere will step down on April 30 in favor of Chief Operating Officer Mike Sievert but not before completing its merger with U.S. rival Sprint Corp .



6 years ago
Coty bets $600 million on Kylie Jenner beauty brands

Coty bets $600 million on Kylie Jenner beauty brands

Coty Inc said on Monday it would pay $600 million for a majority stake in Kylie Jenner's make-up and skincare businesses, as it looks to tap into the reality TV star's huge social media reach, driving shares in the company up 5%.



6 years ago
Alibaba's books close early in $13.4 billion Hong Kong listing: sources

Alibaba's books close early in $13.4 billion Hong Kong listing: sources

Alibaba will close its order books early to prospective institutional investors as part of its $13.4 billion secondary listing in Hong Kong, according to two people with direct knowledge of the matter.



6 years ago
Wall St. eases from record levels at open after report dents trade optimism

Wall St. eases from record levels at open after report dents trade optimism

Wall Street's main stock indexes eased from record highs at the open on Monday after a report stoked concerns that a U.S.-China trade deal might not get through.



6 years ago
ArcelorMittal willing to re-commit to Ilva steel plant on three conditions: paper

ArcelorMittal willing to re-commit to Ilva steel plant on three conditions: paper

ArcelorMittal is drafting a plan to re-commit to the 2018 deal, under which it bought the troubled Ilva steel plant in southern Italy, on three conditions, Il Messaggero daily reported on Monday.



6 years ago
Kuwait's Jazeera unhappy with Airbus delays, no plans for aircraft order this week

Kuwait's Jazeera unhappy with Airbus delays, no plans for aircraft order this week

Kuwait's Jazeera Airways is unhappy with delivery delays of Airbus aircraft and has no plans to place an order at this week's Dubai Airshow, its chief executive said.



6 years ago
Teens want AirPods, Nike and Louis Vuitton for Christmas, survey shows

Teens want AirPods, Nike and Louis Vuitton for Christmas, survey shows

According to a new survey from Piper Jaffray, Apple, Nike, and Louis Vuitton are at the top of the holiday wish list for teenagers.

6 years ago
WeWork's 2025 junk bond falls to record low

WeWork's 2025 junk bond falls to record low

Shared-office operator WeWork's 2025 junk bond fell to a record low on Monday, with its last yielding bid at 16.06%.



6 years ago
Satellite stock Intelsat drops 40% after FCC 5G decision

Satellite stock Intelsat drops 40% after FCC 5G decision

The Federal Communications Commission (FCC) announced on Monday that it will publicly auction off a valuable telecommunications asset.

6 years ago
Visa R&D Arm Develops a Blockchain System That Could Replace Financial Data Aggregators

Visa R&D Arm Develops a Blockchain System That Could Replace Financial Data Aggregators

Coindesk |Nathan DiCamillo | Nov 18, 2019 The Takeaway The research arm of payment card giant Visa has published a paper describing the development of LucidiTEE, a blockchain system for orchestrating sensitive data among multiple parties. For example, the paper outlines a system that would allow banks and fintech applications to share data without relying

6 years ago
U.S. car safety agency head: NAFTA successor 'big win' for industry

U.S. car safety agency head: NAFTA successor 'big win' for industry

The acting top U.S. auto safety official said on Monday he was confident the U.S. Congress will ratify the trade treaty intended to replace NAFTA, boosting the auto industry and enabling automakers to build safer cars at lower prices.



6 years ago
Volkswagen cuts medium-term outlook for operating profit, sales

Volkswagen cuts medium-term outlook for operating profit, sales

German carmaker Volkswagen on Monday cut its medium-term outlook for operating profit as the industry is being hit by a global downturn.



6 years ago
Emirates says it ordered 50 Airbus A350 in a deal worth $16 billion

Emirates says it ordered 50 Airbus A350 in a deal worth $16 billion

Emirates said on Monday it had placed a firm order for 50 Airbus A350 jets worth $16 billion at list prices.



6 years ago
Replacing Pratt engines in IndiGo fleet by end of January a challenge: CEO

Replacing Pratt engines in IndiGo fleet by end of January a challenge: CEO

Replacing all Pratt & Whitney engines on IndiGo's fleet of almost 100 Airbus planes by Jan. 31, as ordered by India's aviation watchdog, will be challenging but the airline aims to complete the work, its chief executive officer said on Monday.



6 years ago
ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States.



6 years ago