Latest News on private equities market

Facebook shares jump on Libra plan, which could make it a major e-commerce, banking player

Facebook shares rose in premarket trading after the tech giant unveiled its part in a new digital currency.

7 years ago
Asia stocks capped ahead of Fed, oil on defensive

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.



7 years ago
Asia stocks cautious before Fed, oil on defensive

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.



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

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.



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

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.



7 years ago
Alibaba reshuffles management; CFO Wu to oversee strategic investment unit

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.



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

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.



7 years ago
Renault-Nissan alliance remains priority for French finance minister

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.



7 years ago
Alibaba puts CFO in charge of investment in major management reshuffle

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.



7 years ago
Air Lease signs long-term lease placements for four Airbus jets

Air Lease signs long-term lease placements for four Airbus jets

Air Lease Corporation said on Tuesday it had signed long-term lease placements for two new Airbus A320neo and two Airbus A321neo LR aircraft with Japan's Peach Aviation Ltd.



7 years ago
Volkswagen aims to boost in-house software development to 60% by 2025

Volkswagen aims to boost in-house software development to 60% by 2025

Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called "Car.Software" by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.



7 years ago
AB Volvo to partner with Nvidia to develop AI platform for driverless trucks

AB Volvo to partner with Nvidia to develop AI platform for driverless trucks

Sweden's AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday.



7 years ago
Facebook reveals Libra cryptocurrency, with lofty goals

Facebook reveals Libra cryptocurrency, with lofty goals

Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments.



7 years ago
Exclusive: U.S. seen open to 'enforceable mechanism' to end aircraft subsidy spat

Exclusive: U.S. seen open to 'enforceable mechanism' to end aircraft subsidy spat

The United States is expected to be open to negotiations on an "enforceable mechanism" that could allow European planemaker Airbus to receive government funding on commercial terms and ease the risk of tit-for-tat sanctions, two U.S. sources said.



7 years ago
Kellogg to take $35 million pretax hit on North America unit revamp

Kellogg to take $35 million pretax hit on North America unit revamp

Kellogg Co said on Tuesday it would take a pretax charge of about $35 million to restructure its North American business following the sale of its popular Keebler biscuits brand and other assets.



7 years ago