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Latest News on private equity markets

EU antitrust regulators resume probe into Boeing, Embraer deal

EU antitrust regulators have resumed their investigation into Boeing's bid to buy the jetmaking arm of Embraer , with a decision due by Aug. 7, a European Commission filing showed on Wednesday.



5 years ago

Elevator maker Kone's first-quarter profit beats forecasts

Finland's Kone reported a 10% fall in first-quarter profit hurt by the coronavirus outbreak but beat forecasts and stuck with its recently adjusted 2020 outlook.



5 years ago

Brent slumps to 1999 lows, stocks clamber higher

Stormy oil markets sent Brent prices crashing to their lowest since 1999 on Wednesday, though a stabilisation of some petrocurrencies and a bounce in European stocks gave investors something buoyant to cling to.



5 years ago

Equinor head of exploration Dodson to step down

Equinor's head of exploration, Tim Dodson, will step down at the end of May in a planned leadership change, the Norwegian oil and gas company said on Wednesday.



5 years ago

Oil hits lowest this century as coronavirus crisis hammers demand

Oil slumped to less than $16 a barrel on Wednesday, hitting its lowest since 1999, with the market awash with excess supply as the economic fallout from the coronavirus pandemic continues to hammer demand for fuels.



5 years ago

Tyre industry pushes back against evidence of plastic pollution

A growing body of scientific research linking tyre wear to microplastic pollution, as well as increasing scrutiny from lawmakers in the European Union (EU), has led the $180 billion-a-year tyre industry to fight back.



5 years ago

5 things to know before the stock market opens Wednesday

U.S. stock futures bounce Wednesday after concerns about the unprecedented oil collapse wiped more than 1,200 points off the Dow this week.

5 years ago

AT&T misses revenue estimates as coronavirus weighs on business

AT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus outbreak overshadowed a strong growth in monthly phone subscribers.



5 years ago

Brexit's back: double-whammy for sterling after virus shock

Shoved aside by the coronavirus pandemic, Brexit is set to work its way into the headlines again as a June deadline for extending Britain's 11-month transition period turns currency traders' focus - and selling pressure - back to the pound.



5 years ago

Futures bounce after two days of oil-led rout

U.S. stock index futures rebounded on Wednesday as upbeat quarterly earnings reports lifted investor sentiment following a two-day selloff due to a record crash in oil prices, even as companies warned of more pain in the coming months.



5 years ago

Toyota's South African unit sees 15-20% hit to production due to virus

The South African unit of Toyota could see its production drop by around 15-20% in 2020, its president and CEO Andrew Kirby said on Wednesday.



5 years ago

Safe as houses? Trading from home tests bank defences during crisis

Trading worth billions of dollars has shifted to kitchen tables or bedrooms as traders work through the coronavirus crisis from home, testing patchy fixes to make sure they stick to the rules.



5 years ago

Airports of Thailand expects passengers to decline by more than 50%

State-owned Airports of Thailand Pcl said on Wednesday it expects the number of passengers passing through its airports to decline by 53% this year due to the outbreak of the new coronavirus.



5 years ago

Fast Retailing CEO criticises Japan's lack of virus tests: report

The head of Fast Retailing Co , owner of fashion chain Uniqlo, criticised Japan's lack of coronavirus testing in a media interview, joining a chorus of executives questioning Prime Minister Shinzo Abe's handling of the coronavirus crisis.



5 years ago

'A disaster': Roche CEO's verdict on some COVID-19 antibody tests

Some blood tests being marketed to tell people if they have had the new coronavirus are a "disaster", Roche Chief Executive Severin Schwan said on Wednesday as he prepares to launch the drugmaker's own antibody test next month.



5 years ago