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Latest News on private equity markets

ECB's house price headache too big to solve

What if vital inflation data used to justify trillions of euros worth of central bank stimulus to support Europe's economy is flawed?



5 years ago

Exclusive: Fearing Huawei curbs, Deutsche Telekom tells Nokia to shape up

Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter.



5 years ago

Malaysia's Mahathir clarifies comments on AirAsia

Malaysia's Prime Minister Mahathir Mohamad on Friday sought to clarify comments he made on bribery allegations linked to AirAsia Group .



5 years ago

L'Oreal rallies as quarterly results offset China concerns

L'Oreal's shares rose on Friday after fourth-quarter figures from the French cosmetics company allayed concerns over the impact of China's coronavirus health crisis on its business.



5 years ago

Fiat reaches settlement with Italy tax agency over Chrysler value claim

Fiat Chrysler has reached a settlement with Italian tax authorities over the valuing of its U.S. Chrysler business involving no cash payment or penalty, the group's chief financial officer said.



5 years ago

Hong Kong Airlines to cut 400 jobs, operations as coronavirus hits travel

Hong Kong Airlines said on Friday that it will slash 400 jobs and cut operations given weak travel demand because of the coronavirus outbreak, adding to financial woes for the city's second-largest carrier.



5 years ago

Suzuki considers China supply options, third-quarter profit falls 11%

Suzuki Motor Corp said on Friday it was considering sourcing vehicle components from outside China, as the spread of a new coronavirus in the country threatens to disrupt vehicle production in its biggest market, India.



5 years ago

Jaguar Land Rover to cut output at two UK factories

Jaguar Land Rover will reduce or stop production on certain days at two of its British factories over the next few weeks as Britain's biggest carmaker pursues cost-cutting measures in response to falling demand.



5 years ago

BP downstream boss Erginbilgic to leave next month

BP's head of downstream Tufan Erginbilgic will step down next month after six years in the job, the energy company said in a statement, becoming the latest top executive to leave as CEO Bernard Looney takes over.



5 years ago

Nissan's China sales fell 12% in January as coronavirus epidemic weighs

Japanese carmaker Nissan said on Friday its sales in China, the world's biggest auto market, fell by 11.8% in January year-on-year, as the Lunar New Year holiday began earlier than usual and the outbreak of coronavirus stymied economic activity.



5 years ago

L'Oreal rallies as sales increase offsets China concerns

L'Oreal's shares rose on Friday after fourth-quarter earnings from the French cosmetics company helped to offset concerns over the impact of China's coronavirus health crisis on its business.



5 years ago

L'Oreal CEO says coronavirus will hamper sales in coming weeks

L'Oreal CEO Jean-Paul Agon said on Friday that the French cosmetics company had a good January in China but that the spread of the coronavirus would have an impact on demand in the coming weeks.



5 years ago

Factbox: Automakers close factories in China due to virus outbreak

Automakers and parts suppliers have had to shut factories in China, in line with government guidelines, or have flagged a hit to profits.



5 years ago

Japan telco SoftBank Corp CEO sees Elliot investment as 'positive'

Japanese telco SoftBank Corp's CEO Ken Miyauchi on Friday welcomed hedge fund Elliot Management's investment in parent SoftBank Group Corp saying the activist investor's assessment of the stock as undervalued was "positive".



5 years ago

Credit Suisse CDS jump after CEO Thiam quits

The cost of insuring exposure to debt issued by Credit Suisse jumped by 3 basis points (bps) on Friday after Chief Executive Tidjane Thiam quit amid a power struggle at Switzerland's second-biggest bank.



5 years ago