Latest News on private equity markets

Facebook, others restrict business travel to China as warnings grow

Facebook Inc and other global companies including LG Electronics Inc and Standard Chartered Plc are restricting travel to China, as the death toll from a flu-like virus rose above 100 on Tuesday.



18 hours ago

Airbus agrees to settle corruption probes with France, Britain, U.S.

European planemaker Airbus SE said on Tuesday that it has agreed to reach a settlement with French, British and U.S. authorities regarding a probe into allegations of bribery and corruption.



18 hours ago

Stocks crumble as China virus toll mounts, safe havens in favor

Asian stocks took a battering on Tuesday as the death toll from a virus in China climbed, leaving investors fretting over the widening economic fallout from the outbreak and lifting bonds on expectations central banks would need to keep stimulus flowing.



18 hours ago

At Exxon, CEO's promised turnaround sapped by chemicals, refining

At Exxon Mobil Corp, CEO Darren Woods' plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining.



18 hours ago

Coronavirus outbreak may disrupt Apple's iPhone production ramp up plans: Nikkei

Apple Inc's plan to ramp up iPhone production by 10% in the first half of this year may hit a roadblock as the coronavirus outbreak spreads across China, the Nikkei Asian Review reported on Tuesday.



18 hours ago

Coronavirus infects Asia stocks with exposure to China

Shares of companies highly exposed to China's economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, and even as some stocks involved in preventative health spiked.



18 hours ago

Sainsbury's Coupe says exit not due to failure of Asda deal

The boss of British supermarket group Sainsbury's , Mike Coupe, said he was not stepping down in May because of his failure to buy rival Asda last year.



18 hours ago

Airbus agrees to settle corruption probes with U.S., France, UK

Airbus has agreed in principle to a settlement with French, British and U.S. authorities over an investigation into allegations of bribery and corruption, it said on Tuesday.



18 hours ago

Oil steadies after multi-day rout over China virus

Oil futures steadied on Tuesday after five days of declines on concerns a virus outbreak in China could dent demand for oil, with some analysts suggesting the falls may be overdone.



18 hours ago

Selling abates after virus causes worst day since October

European markets rebounded early on Tuesday after the previous day's thumping, which saw investors worried about the economic fallout from the coronavirus outbreak in China huddle in safe-haven assets.



18 hours ago

Renault's board calls meeting to discuss De Meo's CEO appointment: sources

Renault's board is set to meet early on Tuesday afternoon to discuss naming Luca de Meo, formerly the head of Volkswagen's Seat brand, as its next chief executive, two sources familiar with the matter said.



18 hours ago

Goldman says staff with mainland China exposure should avoid office

Goldman Sachs has instructed staff who have been in mainland China to work from home or be out of the office for 14 days since they were last there, according to an internal notice.



18 hours ago

Johnson's choice: Britain faces policy test over Huawei 5G role

Prime Minister Boris Johnson will decide if China's Huawei should have a role in Britain's future 5G mobile network on Tuesday, a choice that risks damaging relations with the United States or China on the eve of Brexit.



18 hours ago

Renault poised to name VW manager De Meo as CEO: sources

Renault's board is set to meet later on Tuesday to approve the nomination of Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, two sources familiar with the matter said.



18 hours ago

Oil rout extends to sixth day as China virus death toll rises

Oil futures were set for a sixth day of losses as the death toll from a virus in China rose, but the heavy sell-off of recent sessions was curbed by output outages in Libya and OPEC comments designed to calm demand fears.



18 hours ago