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Latest News on private equity markets

Asian shares slump, bonds rally as virus fears grow

Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic drove another Wall Street tumble and pushed yields on safe-haven Treasuries to record lows.



4 years ago

Salesforce co-CEO Keith Block steps down, Marc Benioff to be sole chief

Salesforce.com Inc said on Tuesday Keith Block has stepped down as co-chief executive officer, making Marc Benioff the sole CEO of the business software company, sending its shares down nearly 3% in extended trading.



4 years ago

Panasonic poised to withdraw from solar cell production at Tesla's NY plant: sources

Japan's Panasonic Corp is considering pulling out of solar cell production at Tesla Inc's plant in New York, said people with direct knowledge of the matter, raising uncertainty over the U.S. firm's struggling solar business.



4 years ago

Oil steadies on bargain-hunting; virus fears cap gains

Oil steadied on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China denting major economies and curbing fuel demand capped gains.



4 years ago

SoftBank-backed Grab raising $856 million from Japanese investors

Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc , as it seeks to expand aggressively into financial services.



4 years ago

UBS, Credit Suisse's emergency plans are effective: financial watchdog

The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland's regulator FINMA said on Tuesday.



4 years ago

JPMorgan to maintain key growth targets from last year at investor day: analysts

JPMorgan Chase & Co executives are unlikely to provide new financial targets at the bank's annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.



4 years ago

Boeing close to deal to supply more 787 Dreamliners to Japan's ANA: sources

Boeing Co is close to a deal to supply more 787 Dreamliners to Japan's ANA Holdings Inc in what would be the U.S. planemaker's first commercial order announcement so far this year, industry sources said.



4 years ago

Tesco completes China exit with joint venture stake sale

Britain's biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China Resources Holdings (CRH), raising 275 million pounds ($357 million).



4 years ago

Amazon expands physical footprint with bigger cashier-less grocery shop

Amazon.com Inc is bringing its cashier-less store technology to a larger stage.



4 years ago

Oil prices rise on bargain-hunting; virus fears cap gains

Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China and curbing major economies and fuel demand capped gains.



4 years ago

SoftBank-backed Grab raises $856 million from Japanese investors in financial services push

Southeast Asia's Grab said Japan's Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services.



4 years ago

Japan's ANA orders 15 more Boeing 787 Dreamliners worth $5 billion at list prices

ANA Holdings Inc said it will buy 15 more Boeing Co 787 Dreamliners worth $5 billion at list prices, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX.



4 years ago

Deere taps tractor-hailing tech in bid to break ground in Africa

It's ride-hailing, farm style. Deere & Co. is teaming up with the "Uber of tractors" in Africa and betting on a future where farmers summon machines with the touch of a button.



4 years ago

Exclusive: Japan to further ease rules on foreign ownership of stocks - sources

Japan will add exemptions to new foreign investment restrictions for companies exposed to sensitive national security issues, government sources said, in a move aimed at keeping overseas capital in the country.



4 years ago