Latest News on private equities market

Cathay Pacific says Chairman John Slosar resigns

Hong Kong's Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline's top shareholder Swire Pacific Ltd .



6 years ago

Easing political worries in Europe lift shares, pound jumps

Easing worries over political risk in Britain and Italy helped stocks rise on Wednesday with the pound bouncing from three-year lows after a parliamentary vote raised the prospect of another delay to Brexit.



6 years ago

Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.



6 years ago

Oil prices nudge up, but economic worries loom

Oil prices recovered some ground on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses on fears about a weakening global economy.



6 years ago

Cathay Pacific Chairman Slosar resigns, to be replaced by Swire executive

Hong Kong's Cathay Pacific Airways said on Wednesday that its Chairman John Slosar had resigned from the board and will be replaced by Patrick Healy, a long-time executive at the airline's top shareholder Swire Pacific Ltd .



6 years ago

U.S. effort to disqualify Huawei's lead lawyer goes to court

A former U.S. Justice Department official who now represents Huawei Technologies is expected in Brooklyn federal court on Wednesday to defend his right to represent the Chinese company against U.S. charges of bank fraud and sanctions violations.



6 years ago

Share index relegation a sign of the times for once mighty M&S

Marks & Spencer chairman Archie Norman has said he is unperturbed by the British retailer's share price slide, with his focus on the long term, but relegation from the prestigious FTSE 100 index is a symbol of its decline.



6 years ago

Cathay Pacific Chairman Slosar resigns just weeks after CEO leaves

Hong Kong's Cathay Pacific Airways said on Wednesday its Chairman John Slosar has resigned, less than three weeks after mounting Chinese regulatory scrutiny led to the shock departure of its chief executive.



6 years ago

Emirates' Clark says needs better engine reliability before it will take new planes

Emirates President Tim Clark challenged engine makers Rolls-Royce and GE to improve their reliability, saying the airline would not take new Airbus and Boeing planes unless minimum performance standards were met.



6 years ago

Labor pains: Japanese jobs for South Korean graduates dry up amid trade row

Song Min-su, a Japanese major in his final year at Hannam University, south of Seoul, has watched in dismay as a spat between South Korea and Japan over wartime forced labor has spiraled into a damaging political and economic row.



6 years ago

Hard Rock International eyes bid for Greek tourist resort casino: paper

Hard Rock International will bid for a casino license in a long-delayed tourist development in Athens and plans to spend more than 1 billion euros ($1.11 billion) on the project, the U.S. firm's chairman said in a newspaper interview.



6 years ago

WeWork adds woman to its board ahead of IPO after backlash

WeWork owner, The We Company, said on Wednesday it will add a woman to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word "We" ahead of a planned initial public offering.



6 years ago

Oil prices rise, but economic worries loom

Oil prices rose on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses on lingering fears about a weakening global economy.



6 years ago

Cathay Chairman Slosar resigns weeks after CEO left, deepening reshuffle

Hong Kong's Cathay Pacific Airways shook up its top ranks further as Chairman John Slosar resigned on Wednesday, less than three weeks after mounting Chinese regulatory scrutiny led to the shock departure of its chief executive.



6 years ago

Wall Street has no idea how stocks will end 2019 with forecasts ranging from down 5% to up 11%

Stock forecasters are having a tougher time predicting where the S&P 500 will end up by year's end when compared to this time last year.

6 years ago