Latest News on private equities market

U.S. judge slashes Roundup jury award to $25.3 million from $80.3 million

A federal judge on Monday slashed a damages award that Bayer AG owed a California man who blamed Roundup weed killer for his cancer to $25.27 million from $80.27 million, saying the punitive damages component was too high.



5 years ago

Facebook vows Libra currency will wait for approval as U.S. airs worries

Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity.



5 years ago

China data steadies stocks as U.S. earnings get underway

A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness in financials in the wake of Citigroup's earnings report.



5 years ago

U.S. judge slashes Roundup jury award to $25.3 million; Bayer still plans to appeal

A federal judge on Monday slashed a damages award Bayer AG owed a California man who blamed Roundup weed killer for his cancer, to $25.27 million from $80.27 million, while rejecting the company's bid for a new trial.



5 years ago

Trump presses for USMCA passage as Lighthizer, lawmakers prepare to meet

President Donald Trump and his top advisers on Monday stepped up their drive to win congressional passage of a trade deal with Canada and Mexico, as the administration's top trade official prepared to meet with Democratic lawmakers again this week.



5 years ago

State AGs fighting T-Mobile, Sprint merger say October trial may not be possible

An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile's $26 billion merger with Sprint told the judge on Monday that an Oct. 7 trial may not be possible.



5 years ago

PayPal launches international money transfer service Xoom across Europe

U.S. payments company PayPal is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent.



5 years ago

Most big companies fail to report role in deforestation, charity says

Most big companies are failing to report the damage their operations are doing to forests despite committing to lighten their footprint under wider efforts to tackle climate change, according to a report published on Tuesday.



5 years ago

Pearson goes 'digital first' in U.S. college market

Pearson, the world's biggest education company, will release all its titles for the United States college market in digital form first, in a break from the traditional and more expensive textbook publishing model.



5 years ago

Vale to pay $106.5 million to workers affected by Brazil dam disaster

Brazilian mining company Vale SA said on Monday it would pay 400 million reais ($106.52 million) to compensate workers affected by the deadly rupture of a tailings dam in January that killed at least 240 people.



5 years ago

Oil down for a second day as U.S. Gulf of Mexico output returns

Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the U.S. Gulf after Hurricane Barry swept through over the weekend, while Chinese economic data dimmed the outlook for crude demand.



5 years ago

Asian shares tick up, U.S. data, earnings in focus ahead of Fed

Asian shares inched up on Tuesday as traders awaited U.S. retail sales data and more corporate earnings to gauge the health of the world's biggest economy, with markets remaining focused on a likely U.S. rate cut by the end of the month.



5 years ago

EV maker Tesla revamps prices in sales push

U.S. electric carmaker Tesla Inc said on Tuesday it will change prices of its Model 3, X and S vehicles.



5 years ago

Asian shares inch up as cautious investors await U.S. data, earnings

Major Asian equity indicators nudged higher on Monday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world's biggest economy, with markets remaining focused on a likely U.S. rate cut this month.



5 years ago

Tesla cuts price of mass-marked Model 3, lifts prices of premium EVs

U.S. electric vehicle maker Tesla Inc has lowered the price of its mass-marked Model 3 and raised the prices of its premium Model X and S cars.



5 years ago