Latest News on private equities market

Saudi Aramco lines up banks, eyes local listing this year: sources

Saudi Aramco is expected to give lead roles to JPMorgan, Morgan Stanley and National Commercial Bank for its planned initial public offering (IPO), a source familiar with the transaction said.



5 years ago

Apple, Foxconn say they overly relied on temporary workers in China

Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management leveled by a non-profit monitor of worker rights, though confirmed they employed too many temporary workers.



5 years ago

U.S. charges Chinese professor in latest shot at Huawei

U.S. prosecutors have charged a Chinese professor with fraud for allegedly taking technology from a California company to benefit Huawei, in another shot at the embattled Chinese telecommunications equipment maker.



5 years ago

Nissan to discuss CEO Saikawa's successors at meeting on Monday: source

Nissan Motor Co's nominations committee will discuss potential successors for Hiroto Saikawa at a meeting on Monday, a source said, as pressure deepened on the embattled chief executive after he admitted to improper compensation.



5 years ago

Ahold's CFO to leave company in 2020

Ahold Delhaize , the Dutch-American supermarket operator, said on Monday its chief financial officer will leave the company when his term expires in April 2020.



5 years ago

Japan downgrades second-quarter GDP as trade war hits business investment

Japan's economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending, intensifying calls for the central bank to deepen stimulus this month.



5 years ago

Nissan to hold news conference at 1100 GMT to discuss board meeting

Nissan Motor Co said it will hold a news conference at 1100 GMT to discuss topics covered at board meeting today.



5 years ago

Russia's Alrosa seeks to brighten up its fluorescent diamond sales

Russia's Alrosa is talking to several global jewelery retailers about jointly marketing the miner's jewelery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.



5 years ago

Ferrari to lift lid on new F8 Spider and 812 GTS to maintain fast track growth

Ferrari revealed on Monday its two new releases as the Italian premium automaker pursues an aggressive roll-out of new models to sustain its turbo-charged core earnings and share price growth.



5 years ago

British Airways cancels 1,700 flights as pilots strike

British Airways (BA) pilots began a two-day strike on Monday, grounding nearly all of its flights and disrupting thousands of passengers in a dispute over pay.



5 years ago

Alibaba set for 'big challenge' as flamboyant chairman Ma departs

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply.



5 years ago

Nivea-maker Beiersdorf launches brand for tattooed skin

German consumer goods firm Beiersdorf is launching its first new brand for more than 30 years - a line of body creams specially for tattooed skin - as it seeks to tap into the growing popularity of skin art and appeal to a younger audience.



5 years ago

Saudi Energy Minister: Aiming for Aramco IPO as soon as possible

Saudi Arabia's newly appointed energy minister, Prince Abdulaziz bin Salman, said on Monday that the country is aiming for an initial public offering of its national oil giant Saudi Aramco "as soon as possible."



5 years ago

Global stocks gain on hopes of central bank stimulus

Global stock markets gained on Monday as investors pinned their hopes on stimulus that's expected from the world's central banks to support slowing growth.



5 years ago

Impossible Foods says China its top priority meat substitute market

Impossible Foods, a California-based producer of meat substitutes made from plants, is actively working to speed up its entry into China, its number one priority when it comes to overseas markets, the company's chief executive told Reuters.



5 years ago