Latest News on private equities market

Ford Motor opens research center in Tel Aviv

Ford Motor opens research center in Tel Aviv

Ford Motor Co on Wednesday opened a research center in Tel Aviv, joining a growing number of major automakers and suppliers setting up shop in the Israeli tech hub as they race to develop self-driving cars.



7 years ago
UK PM May says Hong Kong extradition must be in line with Sino-British declaration

UK PM May says Hong Kong extradition must be in line with Sino-British declaration

British Prime Minister Theresa May said extradition rules in Hong Kong had to respect the rights and freedoms set out in the 1984 Sino-British Joint Declaration.



7 years ago
Reckitt picks PepsiCo exec as CEO, going outside for first time

Reckitt picks PepsiCo exec as CEO, going outside for first time

Consumer goods group Reckitt Benckiser has picked PepsiCo executive Laxman Narasimhan as its next chief executive, becoming the latest industry heavyweight to turn to a company outsider to tackle faltering growth and new media-savvy rivals.



7 years ago
Hong Kong police fire rubber bullets as extradition bill protests turn to chaos

Hong Kong police fire rubber bullets as extradition bill protests turn to chaos

Hong Kong police fired rubber bullets and tear gas at demonstrators who threw plastic bottles on Wednesday as protests against an extradition bill that would allow people to be sent to mainland China for trial descended into violent chaos.



7 years ago
Republican senator criticizes potential dual U.S. antitrust tech probes

Republican senator criticizes potential dual U.S. antitrust tech probes

The Republican chairman of the Senate's antitrust panel criticized plans by the Justice Department and Federal Trade Commission to potentially investigate four of the biggest U.S. tech firms.



7 years ago
Facebook to create 500 jobs in new London engineering center

Facebook to create 500 jobs in new London engineering center

Facebook will create 500 new tech jobs in London by the end of 2019, including 100 roles in artificial intelligence, with many working on systems to detect and remove malicious content, fake accounts and harmful behavior, it said on Wednesday.



7 years ago
Motorbike taxi firms rev up for race into West Africa

Motorbike taxi firms rev up for race into West Africa

Motorcycle taxi companies are expanding in West Africa with backing from investors betting that the meteoric rise of two-wheeled taxi firms in Asia can be replicated in some of the fastest growing countries in the world.



7 years ago
ABN AMRO fund invests in financial crime detection firm ThetaRay

ABN AMRO fund invests in financial crime detection firm ThetaRay

ABN AMRO's Digital Impact Fund said on Wednesday it has taken a stake in ThetaRay, an Israeli provider of big data analytics to combat financial cybercrime and operational failures.



7 years ago
Philip Green's Arcadia faces key vote as administration looms

Philip Green's Arcadia faces key vote as administration looms

Creditors will decide the fate of Philip Green's Arcadia group and its 18,000 workers at a vote on Wednesday on a sweetened restructuring plan to save the British fashion retailer.



7 years ago
BAT warns of steeper declines in cigarette sales, shares slip

BAT warns of steeper declines in cigarette sales, shares slip

British American Tobacco (BAT), the world's No. 2 tobacco company, warned on Wednesday of steeper declines in cigarette sales globally mainly due to waning demand in its main U.S. market, sending its shares down more than 4%.



7 years ago
Huawei asks Verizon to pay over $1 billion for over 230 patents: source

Huawei asks Verizon to pay over $1 billion for over 230 patents: source

Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on the matter said on Wednesday.



7 years ago
Global shares snap seven-day winning streak; U.S. inflation next hurdle

Global shares snap seven-day winning streak; U.S. inflation next hurdle

World share markets snapped a seven-day winning streak on Wednesday as the White House took a tough line on trade talks with China, while an impending reading on U.S. inflation was set to refine the odds of an early cut in interest rates there.



7 years ago
Hong Kong police fire rubber bullets as protests turn to violent chaos

Hong Kong police fire rubber bullets as protests turn to violent chaos

Hong Kong police fired rubber bullets and tear gas at demonstrators who threw plastic bottles on Wednesday as protests against an extradition bill that would allow people to be sent to mainland China for trial turned to violent chaos.



7 years ago
Hong Kong shops, workers in rare strike to 'defend freedom'

Hong Kong shops, workers in rare strike to 'defend freedom'

Hong Kong retailer Alan Li shut up shop on Wednesday, joining about 100 businesses and numerous workers in a rare strike to protest against an extradition bill that many fear will undermine freedom and confidence in the commercial hub.



7 years ago
China reiterates support for Hong Kong government on extradition law

China reiterates support for Hong Kong government on extradition law

China's central government firmly supports the Hong Kong government in passing an extradition law allowing people to be sent to mainland China for trial, the foreign ministry reiterated on Wednesday.



7 years ago