Latest News on private equities market

Chilean bank ordered to open Uber's accounts to taxman

Chile's Supreme Court has ordered the Bank of Chile to allow tax authorities to examine the local accounts of Uber , rejecting an appeal by the ride-sharing company, according to a judgment seen by Reuters on Tuesday.



5 years ago

Australian Latitude CEO says KKR group canceled its IPO due to low price

Private equity giant KKR & Co and its partners canceled what was to be Australia's biggest listing of the year, lender Latitude Financial, because investors would not pay a price that reflected its value, the Latitude CEO said on Wednesday.



5 years ago

'Big Short' Steve Eisman has a long position, too

Steve Eisman, an investor best known for shorting stocks, says he's betting long on a Schaumburg, Illinois-based company that provides communications systems for law enforcement and emergency responders.

5 years ago

Exxon Mobil, India's ONGC sign expertise-sharing deal

Global energy giant Exxon Mobil Corp will offer its expertise and technology to India's biggest state-owned explorer Oil and Natural Gas Corp Ltd to help develop its resources in offshore blocks, according to two sources directly privy to the development.



5 years ago

Oil prices extend losses into second session on weak China data

Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer's energy demand growth.



5 years ago

Global stocks, pound rise on cautious Brexit deal hopes

Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union at key negotiations this week.



5 years ago

Groups bidding for PES refinery due to tour fire-damaged site: sources

Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of the bidding process and are gearing up for visits to the plant, according to three sources familiar with the matter.



5 years ago

London retains global finance throne amid Brexit chaos

From the pinnacle of the City of London's largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit.



5 years ago

Volkswagen delays final decision on Turkey plant - Handelsblatt

Volkswagen has postponed its final decision to build a car plant in Turkey amid international criticism of the country's military operation in northern Syria and concerns about potential reputational fallout, Handelsblatt reported on late on Monday.



5 years ago

Neil Woodford's flagship Equity Income Fund to be shut down

Embattled money manager Neil Woodford's suspended LF Woodford Equity Income Fund is to be wound up, the fund's authorized corporate director Link Fund Solutions (LFS) said on Tuesday.



5 years ago

Neil Woodford says 'cannot accept' closure of his flagship fund

Fund manager Neil Woodford has criticized a fund administrator decision to close his suspended flagship fund on Tuesday, after a four-month lockdown that has seen values plunge by hundreds of millions of pounds.



5 years ago

Hyundai Motor Group to invest $35 billion in future automotive tech

Hyundai Motor Group said on Tuesday that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as South Korea's top automaker accelerates its attempts to catch up in the self-driving car race.



5 years ago

Oil prices extend fall on China, global demand concerns

Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer's energy demand growth.



5 years ago

Neil Woodford sacked as flagship Equity Income Fund to be shut

Neil Woodford has been ousted as manager of his flagship LF Woodford Equity Income Fund, which will now be wound up to pay back investors trapped in the fund since June.



5 years ago

Phase-out of Airbus, Boeing jets hits FACC's operating profit

Plane parts maker FACC's operating profit fell 6% in the second quarter as it produced fewer components for the Airbus A380 and Boeing 737NG jets being phased out and start-up costs for new cabin interiors bit.



5 years ago