Latest News on private equities market

By Hadeel Al Sayegh, Davide Barbuscia, Marwa Rashad and Clara Denina

Nearly all British Airways (BA) flights were grounded by its first ever pilots strike on Monday, disrupting the travel plans of thousands of passengers in a dispute over pay.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

Lloyds Banking Group will set aside up to an extra 1.8 billion pounds ($2.2 billion) to settle mis-selling claims in Britain's costliest consumer banking scandal, and said it was suspending its 2019 share buyback program.

Asian stocks edged higher on Monday amid a cautious mood as investors pinned their hopes on expected global stimulus to support slowing growth in the world's major economies.