Latest News on private equities market

U.S. calls bid by men to avoid extradition over ex-Nissan boss Ghosn's escape 'flawed'

U.S. prosecutors on Tuesday said a former Green Beret and his son, wanted by Japan for helping former Nissan Motor Co boss Carlos Ghosn flee the country, were advancing a "flawed" interpretation of Japanese law to fight their extradition.



4 years ago

Southwest extends limited seating on flights through September

Southwest Airlines Co said on Tuesday it will continue to limit bookings on its flights until at least September to maintain space between passengers.



4 years ago

Transparency needed to restore trust after 737 MAX crashes: FAA chief

U.S. FAA chief Steve Dickson will tell a Senate committee at a hearing on Wednesday that transparency is key to restoring public trust in the agency and planemaker Boeing Co in the wake of fatal 737 MAX crashes, according to a copy of his written testimony seen by Reuters.



4 years ago

Bayer scraps U.S. plans to produce crop chemical blocked by court

Bayer AG said on Tuesday it will scrap a nearly $1 billion project to produce the chemical dicamba in the United States, but said the move is unrelated to a federal court decision that blocked sales of weed killers based on the product.



4 years ago

Tesla signs three-year pricing deal with battery cell maker Panasonic

Tesla Inc has signed a three-year pricing deal with Japan's Panasonic Corp relating to the manufacture and supply of lithium-ion battery cells at the Gigafactory in Nevada, the electric carmaker disclosed in a filing on Tuesday.



4 years ago

Asian stocks set to rise as drug trials, data push Wall Street higher

Asian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May.



4 years ago

Senate bill aims to improve aircraft certification after 737 MAX crashes

U.S. senators introduced legislation on Tuesday that would strengthen FAA oversight of aircraft certification following fatal Boeing Co 737 MAX crashes, though a victim's father said the bill, while a positive step, "still lacks teeth."



4 years ago

Dollar firm after retail sales jump fans recovery hopes

The dollar held firm against many of its rivals on Wednesday after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies were hobbled by concerns about the coronavirus and diplomatic tensions in Asia.



4 years ago

Oil falls on rise in U.S. crude stocks, virus resurgence fears

Oil prices retreated on Wednesday, weighed down by an increase in U.S. crude inventories and worries about a potential second wave of the coronavirus pandemic.



4 years ago

Asia stocks given pause by virus surge, geopolitics

Asian share markets took a breather on Wednesday as a resurgence of coronavirus cases challenged market confidence in a rapid economic recovery, even as the rebound in U.S. retail sales in May broke all records.



4 years ago

Asian business sentiment plunges to record low on virus effect: Thomson Reuters/INSEAD survey

Business sentiment of Asian companies sank to an 11-year low in the second quarter, a Thomson Reuters/INSEAD survey found, with some two-thirds of the firms polled flagging a worsening COVID-19 pandemic as the biggest risk over the next six months.



4 years ago

Oil slumps as U.S. crude stocks build amid virus resurgence fears

Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand.



4 years ago

SoftBank-backed ride-hailing firm Grab announces layoffs

Southeast Asian ride-hailing and payments firm Grab announced hundreds of job losses on Tuesday due to the impact of novel coronavirus.



4 years ago

U.S. expected to report record rise in monthly retail sales

U.S. retail sales likely experienced a record rise in May as 2.5 million Americans went back to work, although any rebound will retrace only a fraction of the historic drops in March and April amid the coronavirus lockdowns.



4 years ago

Oil prices drop as rise in coronavirus cases stokes fuel demand fears

Oil prices slid on Tuesday on lingering concerns over the threat to fuel demand from the resurgence of new coronavirus infections around the world, though hopes for further cuts in crude supplies stemmed losses.



4 years ago