Latest News on private equities market

Google invests $1 billion to ease housing shortage near California headquarters

Alphabet Inc's Google announced on Tuesday it would set aside $750 million in land and $250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade.



5 years ago

Facebook's cryptocurrency ambitions face privacy concerns, political backlash

Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns.



5 years ago

Nissan considers seats for top two Renault executives in new committees: Nikkei

Nissan Motor Co has plans to give multiple seats in its four proposed committees to alliance partner Renault SA's chief executive and chairman, Japan's Nikkei newspaper reported on Wednesday, citing sources.



5 years ago

PG&E settles California fire claims with local governments for $1 bln

PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.



5 years ago

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion

South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion.



5 years ago

Canada approves contentious oil pipeline expansion, expects legal challenges

Canada on Tuesday approved as expected a hotly contested proposal to expand the western Canadian crude oil pipeline it bought last year, providing hope for a depressed energy industry but angering environmental groups.



5 years ago

Blackstone chief donates $150 million to Oxford University

The head of private equity firm Blackstone has pledged $150 million to Oxford University, the biggest single donation in its history, to fund a center for humanities that would also house an institute to study the ethics of artificial intelligence.



5 years ago

Asia stocks capped ahead of Fed, oil on defensive

Investor caution ahead of the Federal Reserve's interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.



5 years ago

Asia stocks cautious before Fed, oil on defensive

Investor caution ahead of the Federal Reserve's interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.



5 years ago

Australia's central bank says 'likely' will have to cut rates again

- Australia's central bank believes it will likely have to cut interest rates further from the current record low of 1.25% in order to push down unemployment and revive growth in wages and inflation.



5 years ago

Alibaba reshuffles management, says CFO Wu to oversee strategic investment unit

China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will move to oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.



5 years ago

Alibaba reshuffles management; CFO Wu to oversee strategic investment unit

China's Alibaba Group Holding Ltd on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and management reshuffle at the e-commerce giant.



5 years ago

Asia stocks edge up cautiously as Fed jitters build, Europe seen lower

Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil prices dipped as global growth worries overshadowed supply concerns.



5 years ago

Renault-Nissan alliance remains priority for French finance minister

Renault's alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire's priority ahead of any further consolidation with the likes of Fiat-Chrysler, he said on Tuesday.



5 years ago

Alibaba puts CFO in charge of investment in major management reshuffle

China's Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks to bolster its investment focus in the face of slowing growth.



5 years ago