Latest News on private equities market

Barrick CEO believes Acacia offer is fair after extending bid deadline

Barrick CEO believes Acacia offer is fair after extending bid deadline

Barrick Gold Corp, the world's No. 2 gold miner, believes its proposed offer to take full control of its African unit is "more than fair" and will engage with Acacia Mining Plc's board and minority shareholders to win them over, Chief Executive Mark Bristow told Reuters on Tuesday.



7 years ago
Sly Fox Brewing on Wefunder

Sly Fox Brewing on Wefunder

Sly Fox Brewing Co., a top craft brewery in Pennsylvania, is raising funds on WeFunder. The company already has brewpubs at other locations and is looking at opening two new locations in Pittsburgh. It is known for its award-winning brews, excellent food, nice ambiance. Sly Fox Brewing Co. also undertakes events to introduce itself to [...]


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7 years ago
Germany to buy three new Bombardier jets

Germany to buy three new Bombardier jets

Germany's government will buy three new Bombardier jets this year, RND newspapers reported on Tuesday, adding that the deal would have a volume of 240 million euros ($268.51 million).



7 years ago
Trump pressures Fed's Powell: 'Let's see what he does'

Trump pressures Fed's Powell: 'Let's see what he does'

President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House lawyers earlier this year explored whether they could legally strip Jerome Powell of the Fed chairmanship.



7 years ago
Exclusive: U.S. seen open to mechanism to end aircraft subsidy fight - sources

Exclusive: U.S. seen open to mechanism to end aircraft subsidy fight - sources

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
U.S. lawmaker calls for Facebook to pause cryptocurrency project

U.S. lawmaker calls for Facebook to pause cryptocurrency project

A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify before Congress, adding to global concerns about what the digital currency could mean for data privacy and security.



7 years ago
Senior U.S. lawmaker says Facebook should halt cryptocurrency project pending review

Senior U.S. lawmaker says Facebook should halt cryptocurrency project pending review

U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrency until Congress and regulators conduct a review.



7 years ago
Adobe beats quarterly estimates on cloud strength; shares rise

Adobe beats quarterly estimates on cloud strength; shares rise

Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagship product Creative Cloud, sending its shares up 4.6% after market.



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

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.



7 years ago
Facebook's cryptocurrency ambitions face privacy concerns, political backlash

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.



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

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.



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

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.



7 years ago
Bayer asks trial judge to reverse $2 billion Roundup jury verdict

Bayer asks trial judge to reverse $2 billion Roundup jury verdict

Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company's glyphosate-based Roundup weed killer responsible for a couple's cancer, arguing the jury decision was not supported by evidence.



7 years ago
Blackstone chief donates $150 million to Oxford University

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.



7 years ago
Canada approves contentious oil pipeline expansion, expects legal challenges

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.



7 years ago