Latest News on private equities market

Renault board adjourns FCA merger meeting to Wednesday

Renault board adjourns FCA merger meeting to Wednesday

Renault's board has adjourned a meeting to examine the merger proposal pitched last week by Fiat Chrysler until Wednesday afternoon, the French carmaker said.



7 years ago
Huawei lawyer tells U.S. jury spelling errors, video show rival stole trade secrets

Huawei lawyer tells U.S. jury spelling errors, video show rival stole trade secrets

A former engineering manager used Huawei Technologies Co Ltd trade secrets and lured away 24 of its employees to improperly build his startup company, a lawyer for the Chinese telecommunications firm told a Texas jury on Tuesday.



7 years ago
Mexico's deputy foreign minister Seade met Lighthizer over tariffs: staff member

Mexico's deputy foreign minister Seade met Lighthizer over tariffs: staff member

Mexico's Deputy Foreign Minister Jesus Seade met with U.S. Trade Representative Robert Lighthizer and U.S. Chamber of Commerce head Tom Donohue over a tariff and immigration dispute, a member of Seade's staff said on Tuesday.



7 years ago
Trump says Republicans would be 'foolish' to block Mexican tariffs

Trump says Republicans would be 'foolish' to block Mexican tariffs

U.S. President Donald Trump on Tuesday warned fellow Republicans in Congress not to block his efforts to impose tariffs on Mexico as part of his broader immigration fight amid reports that lawmakers are considering steps to block his latest trade salvo.



7 years ago
Trump says U.S. likely to go ahead with tariffs on Mexico over immigration

Trump says U.S. likely to go ahead with tariffs on Mexico over immigration

President Donald Trump on Tuesday said he would probably order new tariffs on all Mexican goods imported to the United States next week despite a diplomatic push to avoid the levies, citing high flows of migrants entering the United States from Mexico.



7 years ago
Trump tells Mexico to stop "invasion" of migrants

Trump tells Mexico to stop "invasion" of migrants

U.S. President Donald Trump told Mexico to stop the "invasion" and "onslaught" of migrants entering the United States illegally, or face rising U.S. import tariffs which would cause the loss of foreign investment.



7 years ago
U.S. manufacturing mired in soft patch as orders, shipments fall

U.S. manufacturing mired in soft patch as orders, shipments fall

New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continuing weakness in manufacturing activity that could hurt the broader economy.



7 years ago
Brexit Party's Farage says he had a good meeting with Trump

Brexit Party's Farage says he had a good meeting with Trump

Nigel Farage, leader of the UK's Brexit party, said he had had a good meeting with visiting U.S. President Donald Trump on Tuesday.



7 years ago
Wall St. opens higher on rate cut hopes

Wall St. opens higher on rate cut hopes

U.S. stocks opened higher on Tuesday after a senior Federal Reserve official pointed the way to a cut in interest rates in response to slowing economic growth.



7 years ago
FCA-Renault tie-up clears French hurdles before board meeting: sources

FCA-Renault tie-up clears French hurdles before board meeting: sources

Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters on Tuesday, as the French carmaker's board met to review the $35 billion tie-up plan.



7 years ago
Pernod confident on Asia, Jacob's Creek selling well in China

Pernod confident on Asia, Jacob's Creek selling well in China

Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob's Creek brand.



7 years ago
Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme

The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters.



7 years ago
U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions

U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions

The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could go beyond tariffs and affect business in the long-term.



7 years ago
IRS looking into Uber 2013-14 tax returns

IRS looking into Uber 2013-14 tax returns

Uber Technologies Inc is currently under a federal income tax examination by the Internal Revenue Service (IRS) for tax years 2013 and 2014, the ride-hailing company said in a filing https://www.sec.gov/Archives/edgar/data/1543151/000162828019007524/0001628280-19-007524-index.htm) on Tuesday.



7 years ago
CVS to expand health hubs to 1,500 stores by end of 2021

CVS to expand health hubs to 1,500 stores by end of 2021

CVS Health Corp said it will offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500 stores by the end of 2021, following through on plans announced during the pharmacy chain's 2018 acquisition of health insurer Aetna.



7 years ago