Latest News on private equities market

German state of Hesse: We are ready to help Thomas Cook Germany

The German regional state of Hesse stands ready to offer financial support to Thomas Cook's German unit, its Prime Minister Volker Bouffier said on Wednesday.



5 years ago

Nestle's premium baby formula saw strong demand in China despite falling birth rates: CFO

Nestle's infant nutrition business in China grew at a healthy pace, despite a steep fall in birth rates and an overall slowdown in consumption, the company's chief financial officer said at a conference on Wednesday.



5 years ago

Jeff Bezos' Blue Origin expects at least two more rocket test flights before launching people

Jeff Bezos' space company expects to fly its space tourism rocket at least two more times before it puts the first people on board.

5 years ago

Futures fall on Trump impeachment push, Nike gains

U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of uncertainty, with forecast-beating results from Nike Inc helping dispel some gloom.



5 years ago

Ford close to JV deal with Mahindra in India: sources

Ford Motor Co and Mahindra & Mahindra are likely to sign a deal next week to form a joint venture in India, two sources told Reuters, in a move that will see the U.S. carmaker end most of its independent operations in the country.



5 years ago

Rheinmetall, Voith vie for Volkswagen's transmissions maker Renk: sources

German auto and defense supplier Rheinmetall and engineering group Voith are vying for transmissions maker Renk, which Volkswagen has put up for sale to free up funds for investment in electric vehicles, people close to the matter said.



5 years ago

Best Buy targets $50 billion in revenue in 2025

Best Buy Co Inc is aiming to rake in revenue of $50 billion in 2025 as it adds new products and bolsters investments as part of the second phase of its growth plan, the biggest U.S. consumer electronics retailer said on Wednesday.



5 years ago

Factbox: Thomas Cook collapse prompts international response

The collapse of British travel operator Thomas Cook left hundreds of thousands of holidaymakers abroad and forced governments and insurers to coordinate a huge operation to get them home.



5 years ago

Aston Martin rating cut deeper into junk amid Brexit, tariff worries: S&P

Ratings agency Standard & Poor's has cut its credit rating on storied carmaker Aston Martin Lagonda Holdings deeper into junk territory on Wednesday amid concerns over the UK's exit from the European Union and threat of U.S. tariffs.



5 years ago

Stock futures fall on Trump impeachment push, Nike gains

U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of uncertainty, with forecast-beating results from Nike Inc helping dispel some gloom.



5 years ago

Trump impeachment move knocks stocks, Brexit rattles pound

World stocks fell to a two-week low and risk assets withered on Wednesday after U.S. lawmakers called for an impeachment inquiry into President Donald Trump, raising the prospects of prolonged political uncertainty amid a fresh rise in trade tensions.



5 years ago

German authorities seek information from Deutsche Bank in relation to Danske Bank

German authorities have been seeking information at Deutsche Bank's Frankfurt headquarters in relation to Danske Bank , Frankfurt prosecutors said on Wednesday.



5 years ago

IKEA reports record sales as online revenue surges

IKEA reported annual sales above 40 billion euros ($44 billion) for the first time on Wednesday as the Swedish furniture group's push into e-commerce produced another surge in online revenue.



5 years ago

Former Danske Estonia boss found dead amid money laundering inquiry

A former head of Danske Bank's Estonian branch, which is at the center of global investigations into the world's largest money laundering scandal, has been found dead near his home in Estonia.



5 years ago

There could be a new factor to your credit score: the president of the United States

Bernie Sanders wants to change the way your credit score is calculated.

5 years ago