Latest News on private equities market

Daimler has increased provisions for issues related to diesel vehicles, the company said on Sunday, dimming the prospects for the carmaker's second-quarter earnings.

Daimler has cut its earnings outlook for this year after lifting provisions for issues related to its diesel vehicles by "a high three-digit million euro amount", the carmaker said on Sunday.

FedEx Corp said on Sunday an operational error prevented a Huawei Technologies package from being delivered to the United States, just weeks after the U.S. delivery company said an error led to the Chinese firm's packages being misdirected.

U.S. casino operator Eldorado Resorts Inc has agreed to acquire Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday.

Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles by hundreds of millions of euros.

Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said.

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Autonomous vehicle technology company Velodyne Lidar has hired bankers for an initial public offering, Business Insider reported on Saturday, citing sources familiar with the process.

Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday.

Iran's Civil Aviation Organization said on Saturday the country's airspace was safe for airlines to fly through, the semi-official Tasnim news agency reported, amid heightened tension between Tehran and Washington.

Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a company spokesman told business daily Dagens Naeringsliv.

The United Arab Emirates' General Civil Aviation Authority on Saturday instructed airlines registered in the country to take necessary measures given current risks in the region, Emirates News Agency (WAM) said.

Instead of waging a trade war with China, the United States should drop its win-at-all-costs mentality and consider the interests of its own people as well as the global community, the official People's Daily said an editorial on Saturday.

Three European central bankers are claiming oversight over Facebook's planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money.