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Latest News on private equity markets

Improving Nestle reins in growth ambitions

Food giant Nestle will hit its 2020 organic growth target later than envisaged, it said on Thursday after posting its highest annual growth in four years and improved profitability.



4 years ago

Barclays chief Staley probed over Epstein ties

Britain's financial regulators are probing historical links between Barclays Chief Executive Jes Staley and the U.S. financier Jeffrey Epstein, who killed himself while awaiting trial on sex trafficking charges, the bank said on Thursday.



4 years ago

Nissan slashes full-year profit forecast after sales slump

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.



4 years ago

Google seals takeover of Looker after UK green light

Alphabet Inc-owned Google said on Thursday it has completed its $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences after winning clearance from Britain's competition watchdog.



4 years ago

Qantas raises the stakes in pilot pay dispute

Australia's Qantas Airways has urged its pilots to reach agreement on a pay deal for the world's longest commercial flights or face being replaced for those routes.



4 years ago

Jump in coronavirus cases yanks rally into reverse

A sharp rise in the number of coronavirus deaths and infections unnerved world markets on Thursday, as traders halted the rally in stocks and retreated to the safety of government bonds and gold.



4 years ago

Nissan slashes profit outlook after sales slump, says more restructuring needed

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.



4 years ago

Nissan slashes profit outlook after sales slide, says more restructuring needed

Nissan Motor Co on Thursday cut its annual operating profit forecast by 43%, hit by a slump in vehicle sales and heaping more pressure on new management to fix a company still reeling from the scandal surrounding former leader Carlos Ghosn.



4 years ago

Investment bank loss mars Thiam's final act at Credit Suisse

Credit Suisse posted its best annual profit in nearly a decade on Thursday but volatile earnings at its investment bank and trading divisions took some of the shine off outgoing CEO Tidjane Thiam’s swan song.



4 years ago

UK's Domino's finds buyers for Norway business

Britain's biggest pizza delivery company Domino's Pizza Group said on Thursday it would sell its Norwegian business to existing minority shareholders of the business, kicking off the sale of its loss-making overseas operations.



4 years ago

Oil prices fall on bearish demand forecasts

Oil prices fell on Thursday after OPEC and IEA reports cut back demand forecasts for this year on the back of the coronavirus outbreak in China, the world's biggest oil importer.



4 years ago

Organisers of cancelled mobile conference play down compensation chances

Companies that have spent money on a major telecoms conference in Barcelona that has been cancelled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organisers' standard insurance, they said on Thursday.



4 years ago

Futures slide as new coronavirus cases surge

U.S. stock index futures slipped on Thursday, a day after Wall Street closed at record levels, as a spike in the number of deaths and new cases related to the coronavirus outbreak in China sent investors scurrying to safe-haven assets.



4 years ago

Gazprom to resume China gas route talks once virus quarantine lifted

Russia's Gazprom said on Thursday it will continue talks on new China natural gas routes once the coronavirus quarantine is lifted.



4 years ago

Jet market oracle Tinseth bows out with Boeing at crossroads

Years ago, when Randy Tinseth was still running Boeing's sales account for United Airlines, the plane company's designers pulled him aside.



4 years ago