Latest News on private equities market

German automation talent powers Musk's battery move to Europe

German automation talent powers Musk's battery move to Europe

To unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk flew in six planeloads of new robots and equipment from Germany to speed up battery production for its Model 3.



6 years ago
One of China's richest men named in Hikvision securities probe

One of China's richest men named in Hikvision securities probe

China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of U.S.-blacklisted surveillance camera giant Hikvision , the company said.



6 years ago
Icahn takes stake in HP, pushes for merger with Xerox: WSJ

Icahn takes stake in HP, pushes for merger with Xerox: WSJ

Activist investor Carl Icahn has bought a $1.2 billion stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp , arguing that a union could yield big profits for investors, the Wall Street Journal reported on Wednesday.



6 years ago
Court tosses Carl Icahn's lawsuit seeking Occidental acquisition records

Court tosses Carl Icahn's lawsuit seeking Occidental acquisition records

Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.



6 years ago
U.S. and China 'getting close' to trade deal: White House economic adviser

U.S. and China 'getting close' to trade deal: White House economic adviser

The United States and China are getting close to a trade agreement, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive talks with Beijing about ending a 16-month trade war.



6 years ago
Boeing received 'unnecessary' contract boost for astronaut capsule, watchdog says

Boeing received 'unnecessary' contract boost for astronaut capsule, watchdog says

Boeing's multibillion dollar contract to build U.S. astronaut capsules received an "unnecessary" extension from NASA, a watchdog report said on Thursday, the latest management blunders in the agency's program to restart domestic human spaceflight. NASA agreed to pay Boeing Co a $287 million premium for "additional flexibilities" to accelerate production of the company's Starliner crew vehicle and avoid an 18-month gap in flights to the International Space Station. NASA's i



6 years ago
Alibaba praises Hong Kong at start of retail campaign for $13 billion listing

Alibaba praises Hong Kong at start of retail campaign for $13 billion listing

Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the ecommerce giant kicked off the retail campaign for its secondary listing in the city gripped by increasingly violent protests and recession.



6 years ago
Icahn pushes for HP merger with Xerox: WSJ

Icahn pushes for HP merger with Xerox: WSJ

Activist investor Carl Icahn has taken a stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp, arguing that a union could yield big profits for investors, according to the Wall Street Journal.



6 years ago
Amazon challenges Pentagon's $10-billion cloud award to Microsoft

Amazon challenges Pentagon's $10-billion cloud award to Microsoft

Amazon.com Inc on Thursday said it is contesting the Pentagon's award of an up to $10 billion cloud computing deal to Microsoft Corp , expressing concern that politics got in the way of a fair contracting process.



6 years ago
Nvidia follows Intel to predict strong growth in data center business

Nvidia follows Intel to predict strong growth in data center business

Nvidia Corp on Thursday joined rival Intel Corp to predict strong demand for chips used in data centers after its third-quarter revenue and profit beat market expectations.



6 years ago
Hong Kong to unveil depth of recession amid protests, trade war

Hong Kong to unveil depth of recession amid protests, trade war

Hong Kong is expected to confirm on Friday it plunged into recession for the first time in a decade, amid concerns the economy could be in even worse shape than feared as months of anti-government protests take a heavy toll.



6 years ago
Court tosses Carl Icahn's suit seeking Occidental acquisition records

Court tosses Carl Icahn's suit seeking Occidental acquisition records

Activist investor Carl Icahn will not have access to Occidental Petroleum Corp's Anadarko takeover records to support his proxy fight against the oil firm's board, a Delaware court judge ruled on Thursday.



6 years ago
Alibaba praises Hong Kong ahead of $13.4 billion listing

Alibaba praises Hong Kong ahead of $13.4 billion listing

Alibaba Group Chairman Daniel Zhang said Hong Kong's "future is bright" as the company presses on with its secondary listing in the city gripped by increasingly violent protests and recession.



6 years ago
U.S. 'getting close' to trade deal with China: White house economic adviser

U.S. 'getting close' to trade deal with China: White house economic adviser

The United States is getting close to a trade agreement with China, White House economic adviser Larry Kudlow said on Thursday, citing what he called very constructive discussions with Beijing.



6 years ago
Visa discloses FTC probe on debit transactions

Visa discloses FTC probe on debit transactions

Visa Inc on Thursday said the Federal Trade Commision (FTC) has initiated an inquiry into whether the payments processor's actions prohibited merchants from using other debit payment networks.



6 years ago