Latest News on private equities market

IKEA reports record sales as online revenue surges

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.



7 years ago
German authorities seek information from Deutsche Bank in relation to Danske Bank

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.



7 years ago
Trump impeachment move knocks stocks, Brexit rattles pound

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.



7 years ago
Bernie Sanders wants to replace Equifax, Experian and TransUnion with public credit registry

Bernie Sanders wants to replace Equifax, Experian and TransUnion with public credit registry

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

7 years ago
Stock futures fall on Trump impeachment push, Nike gains

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.



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

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.



7 years ago
Thomas Cook's Polish business goes into insolvency

Thomas Cook's Polish business goes into insolvency

Thomas Cook's Polish business Neckermann Polska said on Wednesday it was insolvent as the effects of the demise of the world's oldest travel firm spread to central Europe, leaving around 3,600 Polish tourists stuck abroad.



7 years ago
SoftBank likely to funnel $1 billion more into WeWork after delayed IPO: FT

SoftBank likely to funnel $1 billion more into WeWork after delayed IPO: FT

SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations delayed the U.S. office-sharing startup's IPO, the Financial Times reported.



7 years ago
Japan auto group says U.S. trade discussions going in direction of avoiding auto tariffs

Japan auto group says U.S. trade discussions going in direction of avoiding auto tariffs

The chairman of the Japan Automobile Manufacturers Association said on Thursday that trade discussions between the United States and Japan were going in the direction of avoiding auto tariffs and that it was good for both countries.



7 years ago
U.S. Justice Department to open Facebook antitrust investigation: source

U.S. Justice Department to open Facebook antitrust investigation: source

The U.S. Justice Department will open an antitrust investigation of Facebook Inc , a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company.



7 years ago
Asian stocks gain as Trump says China trade deal could be 'soon'

Asian stocks gain as Trump says China trade deal could be 'soon'

Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.



7 years ago
PG&E noteholders ready to invest $29.2 billion as part of reorganization plan

PG&E noteholders ready to invest $29.2 billion as part of reorganization plan

A group of PG&E Corp noteholders said in a court filing on Wednesday that they are ready to invest $29.2 billion into the power producer as part of a reorganization plan that will pay off liabilities from wildfires that drove it to bankruptcy.



7 years ago
Exclusive: Oracle says investigators have asked it for information about Google

Exclusive: Oracle says investigators have asked it for information about Google

Oracle Corp , which has clashed with Alphabet's Google in business disputes, has received requests for information from congressional and state investigators looking into allegations that Google violated antitrust law.



7 years ago
Asian stocks edge higher on hints of U.S.-China trade progress

Asian stocks edge higher on hints of U.S.-China trade progress

Asian stocks edged up on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.



7 years ago
SoftBank in talks to boost WeWork investment by $1 billion: FT

SoftBank in talks to boost WeWork investment by $1 billion: FT

SoftBank Group Corp is planning to invest an additional $1 billion or more in WeWork, altering a warrant agreement struck before WeWork postponed its IPO plans, the Financial Times reported, citing people briefed on the matter.



7 years ago