Latest News on private equities market

Theranos founder Elizabeth Holmes, top deputy ordered to stand trial in 2020

Theranos founder Elizabeth Holmes and her former second-in-command at the Silicon Valley blood-testing startup were ordered on Friday to stand trial next year on fraud charges stemming from their claims about the company's technology, court documents show.



5 years ago

Trump, Xi hold high-stakes trade war talks at G20 in Japan

U.S. President Donald Trump said on Saturday he was open to a potentially "historic" trade deal with Chinese President Xi Jinping, as they began talks that could ease tensions or plunge the world's two largest economies into a deeper trade war.



5 years ago

Trump says it would be 'monumental' if U.S. can reach deal with China

U.S. President Donald Trump said on Saturday he was open to a trade deal with Chinese President Xi Jinping that would be "monumental", as they began high-stake talks that could ease tensions or plunge the world's two largest economies into a deeper trade war.



5 years ago

U.S. urges Cambodia to probe China-owned economic zone on tariff dodging

The United States on Friday urged Cambodia to investigate a Chinese-owned special economic zone after uncovering efforts by firms operating there to evade duties on products destined for export to the United States.



5 years ago

Russia's Putin says Trump meeting will help continue dialogue

Russian President Vladimir Putin said on Friday that his face-to-face meeting with U.S. President Donald Trump in Osaka would be a good opportunity to continue dialogue between the leaders following their summit in Helsinki last year.



5 years ago

Nissan ex-chief Ghosn to hold press conference in Tokyo at 1200 GMT: source

Nissan ex-Chairman Carlos Ghosn will hold a press conference in Tokyo at 9 p.m. (1200 GMT) (0800 EDT) on Friday, according to a person familiar with the matter.



5 years ago

Exclusive: Morgan Stanley likely to gain majority control of China securities JV in H2 - sources

Morgan Stanley is likely to get regulatory approval for owning a majority stake in its Chinese securities joint venture in the second half of this year, people with direct knowledge of the matter told Reuters.



5 years ago

U.S. dominates second-quarter global M&A as mega deals roll on

Mega deals set the pace for mergers and acquisitions (M&A) globally in the second quarter of 2019, as large U.S. companies defied trade row jitters and seized on strong equity and debt capital markets to agree on transformative combinations.



5 years ago

California regulator considers penalty against PG&E in 2017 wildfires

California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California's wine country in 2017.



5 years ago

Madame Tussauds owner Merlin to be bought by Lego family and Blackstone

Madame Tussauds owner Merlin Entertainments is to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a deal valuing the company and its debt at nearly 6 billion pounds ($7.6 billion).



5 years ago

Saudi Arabia's hometown ambitions could clip wealth fund's wings

Saudi Arabia’s Public Investment Fund (PIF) risks being pulled deeper into Crown Prince Mohammed bin Salman’s domestic projects, curbing its international ambitions and tying its fortunes closer to its home market, four sources familiar with its strategy said.



5 years ago

Factbox: Saudi sovereign fund's strategy in focus

Saudi Arabia's Public Investment Fund (PIF) has pursued eye-catching investments abroad over the past several years, part of reform plans to diversify the economy beyond oil and transform the country into a high-tech investment powerhouse.



5 years ago

Shell, Exxon Mobil eye re-entry into Somalia's upstream sector

Royal Dutch Shell and Exxon Mobil are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later this year, the country's oil ministry said in a statement.



5 years ago

Many G20 heads voiced concern over trade tensions, global growth: Japan government

Many Group of 20 leaders voiced concern over trade tensions and the risk they pose on the global economy at their meeting in Osaka, western Japan, on Friday, a senior Japanese government official said.



5 years ago

Trump tells Putin: Don't meddle in U.S. elections

President Donald Trump told Russian President Vladimir Putin on Friday not to meddle in the U.S. elections, appearing to make light of a scandal that had led to a two-year investigation into his campaign's contact with the Kremlin during the 2016 elections.



5 years ago