Latest News on private equities market

Walmart U.S. CEO Foran to exit and be replaced by Sam's Club boss Furner

Walmart Inc said on Thursday its chief executive for U.S. operations, Greg Foran, will leave the company early next year and be replaced by the head of its Sam's Club warehouse chain unit, John Furner.



5 years ago

Huawei's side businesses keep it all in the family

On a hot summer morning at Huawei's new European-themed campus outside of Shenzhen, a man resembling a younger version of company founder Ren Zhengfei was dressing down two subordinates.



5 years ago

Google begins responding to Texas antitrust investigators' data demands

Texas officials managing a sprawling investigation of the advertising practices at Alphabet Inc's Google have begun receiving data from the search and advertising giant after two previous probes bogged down in extended document fights.



5 years ago

Air New Zealand entices Walmart U.S. boss Foran home to lead airline

Air New Zealand Ltd named Walmart U.S. boss Greg Foran as its new chief executive on Friday, bringing him back home at a time the airline is trying to control costs in a lower-growth environment.



5 years ago

SAP's McDermott steps down after decade as chief salesman and dealmaker

Bill McDermott stood down on Friday after a decade building up SAP as the world's leading enterprise software company, handing the task of completing its transition to cloud computing to new co-CEOs Jennifer Morgan and Christian Klein.



5 years ago

Asian shares firm as 'very good' trade talks boost risk appetite

Asian shares and U.S. stock futures rose on Friday after U.S. President Donald Trump said he would meet with China's top trade negotiator, while sterling retreated after rallying on revived hopes of a possible Brexit deal.



5 years ago

Trump to meet with Chinese Vice Premier Liu He at 2:45 p.m. EDT/1845 GMT Friday

President Donald Trump will meet with Chinese Vice Premier Liu He at 2:45 p.m. EDT/1845 GMT on Friday as the world's two biggest economies try to reach a trade agreement, the White House said.



5 years ago

California governor calls widespread electricity shutdown to prevent fires 'unacceptable'

California Governor Gavin Newsom called a widespread electricity shutdown triggered by a power company to prevent wildfires "unacceptable," saying on Thursday it resulted from years of mismanagement by the utility.



5 years ago

Japan's Seven & I shares surge on plan to cut 3,000 jobs, shut stores

Shares of Japan's Seven & I Holdings Co rose nearly 6% on Friday after the retail group said it will shut or relocate nearly 1,000 7-Eleven convenience stores and cut about 3,000 jobs as part of a group-wide restructuring.



5 years ago

GM urges UAW to agree to 'around-the-clock' bargaining

General Motors Co late on Thursday urged the United Auto Workers union to agree to around-the-clock bargaining to try to resolve a 25-day U.S. strike that has cost the company more than $1 billion in profits, according to a letter seen by Reuters.



5 years ago

Asian shares up as 'very good' trade talks boost risk appetite

Asian shares rose on Friday after U.S. President Donald Trump said he would meet with China's top trade negotiator, stirring hopes for an agreement, while sterling was flat after earlier jumping on optimism over a potential Brexit deal.



5 years ago

GM, UAW clash over how to reach deal to end lengthy strike

General Motors and the United Auto Workers (UAW) union clashed late Thursday over how to end a 25-day strike that has cost the company over $1 billion, according to letters seen by Reuters.



5 years ago

Conflicting signals over Royal Air Maroc 737 MAX plans

Moroccan national airline Royal Air Maroc (RAM) faced uncertainty over its plans for Boeing's 737 MAX as a senior industry source close to the matter denied that a deal for more jets had been suspended.



5 years ago

Oil rises on hopes for deeper OPEC output cuts, U.S.-China trade talks

Oil prices climbed early on Friday, building on gains in the previous session, after producer club OPEC hinted at making deeper cuts in supply while optimism was revived over talks between the United States and China to end their trade war.



5 years ago

SpaceX has spent 'hundreds of millions' extra in building astronaut capsule for NASA, Elon Musk says

SpaceX is in the final stages of developing the capsule it will use to launch astronauts and has spent significantly toward that goal.

5 years ago