Latest News on private equities market

Behind the GM strike: Declining productivity at U.S. operations

General Motors Co's U.S. workforce productivity has declined since the automaker recovered from a 2009 bankruptcy, even as its profit per employee has risen, a Reuters analysis shows.



6 years ago

ASOS announces board shake-up

Online fashion retailer ASOS Plc appointed four new independent non-executive directors from several major British companies on Wednesday as it looks to bounce back after a string of profit warnings.



6 years ago

Samsung Electronics says it suspended operations at China mobile phone factory

Samsung Electronics Co Ltd said on Wednesday it suspended production at its mobile phone factory in China at the end of September.



6 years ago

Huawei phones lose access to install Google's apps - Bloomberg

Huawei Technologies Co Ltd's newly launched Mate 30 devices have lost their access to manually install Google's Android apps, Bloomberg reported on Tuesday.



6 years ago

Surprise drop in U.S. crude stocks lifts oil prices

Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories and offset weak economic readings in the United States that have depressed global stock markets.



6 years ago

WTO decision on U.S. aircraft subsidy retaliation rights due at 1400 GMT

The World Trade Organization said it would publish at 4 p.m. (1400 GMT) its decision on a U.S. request to take action against the European Union in a long-running aircraft subsidy dispute.



6 years ago

ASOS shakes up board to revive fortunes

Online fashion retailer ASOS Plc on Wednesday revamped its board by naming several new directors, including Ocado Solutions Chief Executive Officer Luke Jensen, as it looks to bounce back from a string of profit warnings.



6 years ago

Samsung Electronics ends mobile phone production in China

Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.



6 years ago

Veteran investor Gilbert to leave Standard Life Aberdeen

Veteran investor Martin Gilbert will leave Standard Life Aberdeen next year, ending a career spanning more than three decades at the helm of one of Britain's most successful asset managers.



6 years ago

Shares fall to one-month low after U.S. manufacturing hit

A major global share index hit its lowest level in a month on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from the U.S.-China trade war is spreading to the U.S. economy.



6 years ago

Tesco boss to leave next year after calling turnaround complete

Tesco boss Dave Lewis will step down next summer after declaring the turnaround of Britain's biggest retailer complete, handing over to Ken Murphy, a former executive at healthcare group Walgreens Boots Alliance .



6 years ago

Oil prices mixed ahead of U.S. crude stocks data

Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States.



6 years ago

WeWork Japan gets new CEO, days after We Company founder quits

WeWork Japan on Wednesday named a new head of local operations, just days after the co-founder of the We Company stepped down following a botched attempt to gain a stock market listing.



6 years ago

WTO to back U.S. tariffs over Airbus subsidies

The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.



6 years ago

Volkswagen registers unit in Turkey ahead of production decision

Volkswagen has established a subsidiary in Turkey's western Manisa province, the country's Trade Registry Gazette showed on Wednesday, as the company nears a final decision on the location for its new production plant.



6 years ago