Latest News on private equities market

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.

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.

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.

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holding at 5,000 yen ($46) a share, firing back after its earlier bid for the hotel chain was rebuffed.

Volkswagen has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country's military operation in Syria and concerns about potential reputational fallout.

Global stocks edged higher on Tuesday yet safe havens were still in play as markets tried to balance fading optimism over the latest China-U.S. trade truce with the likelihood of a Brexit deal by Thursday's European Union summit.

Citigroup Inc plans to set up a wholly-owned securities business in China, people with knowledge of the matter said on Tuesday, taking advantage of Beijing's move to fully open up some of its financial sectors to foreigners next year.

Oil prices fell further on Tuesday, after heavy losses in the previous session following two days of weak Chinese data and as investors continued to fret over prospects for a U.S.-China trade deal despite signs of a truce last week.

Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that has also received government backing.

The former chief executive of bankrupt travel firm Thomas Cook on Tuesday said he understood public anger over his pay but defended his record, saying he had worked tirelessly to try and save the company.

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the hotel chain.

Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week's optimism over the thaw that helped to lift crude markets by 2%.

A number of Russian investors are interested in a planned initial public offering of Saudi Arabian state-owned oil company Saudi Aramco, Kirill Dmitriev, the chief executive officer of Russian sovereign wealth fund RDIF, told reporters on Sunday.

Emirates Airline President Tim Clark said the group's Dnata unit's exposure to the bankrupt holiday operator Thomas Cook is "not a small amount".

Liberty Global has offered to buy up to 500 million Swiss francs ($502.11 million) of newly created Sunrise Communications shares - a move designed to ease through its 6.3 billion franc sale of its Swiss business.