Latest News on private equities market

Burger King scraps plastic toys in children's meals, launches amnesty

Burger King scraps plastic toys in children's meals, launches amnesty

Burger King will stop handing out plastic toys in its children's meals and said on Thursday it was launching an amnesty for customers to return any freebies in a bid to tackle the growing problem of plastic waste.



7 years ago
Banker tells German fraud trial he made millions from 'astronomical' trades

Banker tells German fraud trial he made millions from 'astronomical' trades

A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make bogus tax reclaims.



7 years ago
Real crunch from Saudi Arabia's oil outage has yet to be felt

Real crunch from Saudi Arabia's oil outage has yet to be felt

Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill the gap and mask the scale of damage to its facilities, traders and analysts say.



7 years ago
Wall Street futures tick lower after mixed policy signals from Fed

Wall Street futures tick lower after mixed policy signals from Fed

U.S. stock index futures were lower on Thursday after the Federal Reserve delivered a widely expected interest rate cut but played down hopes of further monetary easing.



7 years ago
Berstein downgrades Costco, says memberships will be the first to go in an economic downturn

Berstein downgrades Costco, says memberships will be the first to go in an economic downturn

Bernstein downgraded Costco to underperform from market perform.

7 years ago
France and Germany united on strategy to fight global slowdown: French minister

France and Germany united on strategy to fight global slowdown: French minister

France and Germany are agreed on a joint strategy to respond to a global economic slowdown at a time of international trade tensions, French Finance Minister Bruno Le Maire said on Thursday.



7 years ago
Ryanair plans 500-700 job cuts as O'Leary bags bonus

Ryanair plans 500-700 job cuts as O'Leary bags bonus

Ryanair's Chief Executive Michael O'Leary said he plans to cut 500-700 jobs at the airline as shareholders narrowly approved a bonus scheme on Thursday that could earn him around 100 million euros ($111 million) over five years.



7 years ago
Biotech is going to the dogs - and big profits await

Biotech is going to the dogs - and big profits await

For Jessica Lescault there is no question that her 6-year old English bulldog "Moose" deserves cutting-edge biotechnology cancer treatment as much as any human patient.



7 years ago
Factbox: Animal health sector aims to emulate Zoetis biotech leap

Factbox: Animal health sector aims to emulate Zoetis biotech leap

A commercial breakthrough in the field of complex therapeutic proteins for dogs by sector leader Zoetis has roused rivals to action in a hunt for biotechnology medicines to treat pets.



7 years ago
Ryanair expects return of Boeing 737 MAX in February-March 2020

Ryanair expects return of Boeing 737 MAX in February-March 2020

Ryanair expects to be flying the first of its grounded Boeing 737 MAX aircraft by late February or the start of March, which would require the plane to be flying in the United States before Dec. 25, CEO Michael O'Leary said on Thursday.



7 years ago
VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report

Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday.



7 years ago
China's growth could slip below 6%, analysts warn, as trade war takes toll

China's growth could slip below 6%, analysts warn, as trade war takes toll

China's economic growth risks slipping below the lower-end of Beijing 2019 target of 6% in the third quarter or over the next year, analysts warn, but government economists are slightly more optimistic as they expect stimulus to help stave off a sharper slowdown.



7 years ago
Shares inch higher after Fed cut, BOJ keeps powder dry

Shares inch higher after Fed cut, BOJ keeps powder dry

A positive start in Europe nudged the main world share indexes and bond yields higher on Thursday, after the U.S. Federal Reserve's second interest rate cut of the year while Japan and others kept their limited remaining powder dry.



7 years ago
UTC technology chief Eremenko steps down

UTC technology chief Eremenko steps down

(In the September 18 story corrects to delete "by email" and to clarify that technology and engineering not a business within UTC in paragraphs 3,6)



7 years ago
Ryanair AGM narrowly approves bonus plan for CEO O'Leary

Ryanair AGM narrowly approves bonus plan for CEO O'Leary

Ryanair shareholders narrowly approved a bonus scheme for Chief Executive Michael O'Leary on Thursday that could earn him around 100 million euros ($111 million) over five years.



7 years ago