Latest News on private equities market

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

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.



7 years ago
Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China - sources

Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China - sources

Canada is likely to postpone a decision on whether to allow China's Huawei Technologies Co Ltd to supply 5G network equipment until after the October federal election, given increasingly strained relations with Beijing, say three well-placed sources.



7 years ago
Amazon workers in Germany strike over pay, Verdi union says

Amazon workers in Germany strike over pay, Verdi union says

More than 2,000 workers at seven Amazon sites across Germany have gone on strike over pay for at least two days, labor union Verdi said on Monday.



7 years ago
Carmaker PSA's sales decline on emerging-market slump

Carmaker PSA's sales decline on emerging-market slump

French carmaker PSA Group said its vehicle sales fell 12.8% in the first half as weakening emerging markets weighed heavily on overseas operations.



7 years ago
Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows

Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin.



7 years ago
Sports Direct delays results as House of Fraser deal backfires

Sports Direct delays results as House of Fraser deal backfires

British retailer Sports Direct has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in December.



7 years ago
Oil prices nudge up on Chinese economic data

Oil prices nudge up on Chinese economic data

Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country's slowest quarterly economic growth in decades.



7 years ago
Hold the beers: Budweiser APAC IPO hit by investor push-back

Hold the beers: Budweiser APAC IPO hit by investor push-back

Scepticism over AB InBev's high valuations doomed Budweiser APAC's IPO of up to $9.8 billion - poised to be the world's biggest this year - investors and bankers said, putting would-be floats on notice that careful pricing remains key to success.



7 years ago

Here's what to buy during Amazon Prime Day's final hours

Prime Day has become one of the biggest shopping events of the year, but some discounts are better than others.

7 years ago
India says Deloitte misreading law in challenging government's call for ban

India says Deloitte misreading law in challenging government's call for ban

India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key federal law as the firm seeks to avoid a five-year ban on new business, according to legal documents reviewed by Reuters on Sunday.



7 years ago

Planning to travel while on Medicare? Make sure you have coverage at your destination

Whether you're covered for medical services while traveling depends partly on where you're going and how you receive your Medicare benefits.

7 years ago
Gilead deepens Galapagos ties with $5.1 billion deal

Gilead deepens Galapagos ties with $5.1 billion deal

Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday.



7 years ago
Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.



7 years ago
Amazon workers in Germany to strike over pay, Verdi union says

Amazon workers in Germany to strike over pay, Verdi union says

Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labor union Verdi said.



7 years ago
U.S. proposes barring big tech companies from offering financial services, digital currencies

U.S. proposes barring big tech companies from offering financial services, digital currencies

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.



7 years ago