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Latest News on private equity markets

EU regulators to investigate EssilorLuxottica's 7.2-billion-euro Dutch deal

EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica's 7.2 billion euro bid for Dutch opticians group GrandVision , saying the deal could push up prices.



5 years ago

BlackRock takes middle ground on shareholder resolution reforms

BlackRock Inc cited the value and costs of shareholder proposals in a letter to regulators weighing reforms to the proxy process, taking a middle ground in a hotly contested rulemaking process.



5 years ago

Software update to address 737 MAX indicator light issue will not delay return schedule - Boeing

Boeing Co said Thursday that a new software update to address an indicator light issue on the grounded 737 MAX will not impact its mid-2020 estimate for the plane's return to service.



5 years ago

Wall Street up for fourth day as China moves to limit coronavirus impact

U.S. stocks rose for a fourth straight session on Thursday on China's efforts to contain the economic fallout from the coronavirus outbreak, while investors assessed a mixed batch of corporate earnings.



5 years ago

Oil prices flat; OPEC+ mulls supply cut as virus hits demand

Oil futures gave up early gains on Thursday, as OPEC and its partner Russia gave mixed signals about possible further output cuts to mitigate fallout from the coronavirus outbreak that has amplified concerns about weakened global oil demand.



5 years ago

WTO sides against U.S. over its tariffs on Canadian paper

World Trade Organization arbiters sided against the United States on Thursday over duties it had applied on Canadian paper in one of the final verdicts of the WTO's appeals body.



5 years ago

Tesla passes Apple as No. 1 holding on SoFi as young investors rush into surging stock

Young retail investors rushed into Tesla stock as it hit all time highs this week.

5 years ago

Pizza-toting robots: U.S. lets Nuro deploy driverless delivery vehicles

In a first-of-its-kind approval by U.S. regulators, a federal agency on Thursday gave permission for autonomous vehicle startup Nuro Inc over the next two years to deploy up to 5,000 low-speed electric delivery vehicles without human controls like mirrors and steering wheels.



5 years ago

Toyota plans to make 100,000 pickups a year at new Mexican plant

Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma pickup truck to Mexico from the United States, the company said on Thursday.



5 years ago

U.S. trade panel opens patent probe into Google speakers after Sonos complaint

The U.S. International Trade Commission said on Thursday it was launching a patent investigation into certain audio players and controllers sold by Alphabet Inc's Google LLC based on a complaint by rival smart speaker maker Sonos Inc .



5 years ago

Despite coronavirus fears, a fast recovery is predicted for your 401(k) plan

History shows that stocks typically snap back fairly quickly from disease outbreaks.

5 years ago

Canadian agency asks federal court to declare Facebook contravened privacy law

Canada's privacy commissioner asked a federal court to declare that Facebook had broken federal privacy law for the private sector, according to a notice of application filed on Thursday.



5 years ago

New 737 MAX software flaw found during tests; Boeing sticks to return timeline

Flight testers discovered another flaw in the software of Boeing Co's grounded 737 MAX, the plane that suffered two fatal crashes, though the company and the top U.S. aviation regulator said on Thursday the issue most likely could be fixed without extending the target date for the plane's return to service.



5 years ago

China to halve tariffs on some U.S. imports as coronavirus risks grow

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that defused a bruising trade war between the world's two largest economies.



5 years ago

Kuwait seeks information on alleged Airbus bribery case: KUNA

Kuwait's anti-corruption authority (NAZAHA) said on Thursday it was open to receiving any information about alleged bribes paid to secure Airbus plane orders involving Kuwaiti parties, according to the state news agency.



5 years ago