Latest News on private equity markets

Hyundai to decide hydrogen fuel-cell factory location this year - exec

Hyundai to decide hydrogen fuel-cell factory location this year - exec

Hyundai Motor Co and its affiliates are ready to decide the location of a new hydrogen fuel-cell system factory this year, which could be in South Korea or overseas, an executive said on Wednesday.



6 years ago
U.S. crude drops below $50 as Washington warns of a global pandemic

U.S. crude drops below $50 as Washington warns of a global pandemic

U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.



6 years ago
Bayer chairman quits as Roundup settlement talks progress

Bayer chairman quits as Roundup settlement talks progress

Bayer Chairman Werner Wenning, one of the architects of a $63 billion takeover deal that has left the German crop protection company fighting costly lawsuits, will step down in April, it said on Wednesday.



6 years ago
Apple faces shareholder vote over Chinese app removal policies

Apple faces shareholder vote over Chinese app removal policies

Apple Inc's shareholders on Wednesday will vote on a proposal critical of its moves to remove apps at the request of the Chinese government and calling on the iPhone maker to report whether it has "publicly committed to respect freedom of expression as a human right."



6 years ago
Britain's Lloyds to cut 780 jobs: union

Britain's Lloyds to cut 780 jobs: union

Britain's biggest domestic bank Lloyds is planning to axe 780 jobs as part of ongoing cost-cutting at the lender, union Unite said on Wednesday.



6 years ago
European Commission says too early to assess coronavirus impact on EU economy

European Commission says too early to assess coronavirus impact on EU economy

It is still too early to assess the impact of the coronavirus outbreak on the European Union economy, the bloc's economics commissioner Paolo Gentiloni said on Wednesday, adding that the bloc's fiscal rules allow for more spending in emergencies.



6 years ago
Bayer chairman quits after making progress to settle litigation

Bayer chairman quits after making progress to settle litigation

Bayer , which is fighting claims its weedkiller Roundup causes cancer, said its Chairman Werner Wenning was stepping down because the drugs and crop protection company was making good progress in settlement talks.



6 years ago
Toyota says Japan plants may be affected by virus-related supply issues

Toyota says Japan plants may be affected by virus-related supply issues

Toyota Motor Corp on Wednesday said that operations at its plants in Japan may be affected by supply chain issues linked to the new coronavirus outbreak in the coming weeks, as the global outbreak gathers pace.



6 years ago
Oil falls for fifth day as coronavirus spreads outside of China

Oil falls for fifth day as coronavirus spreads outside of China

Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global economy will slow and lower crude demand.



6 years ago
Bayer chairman quits amid glyphosate litigation

Bayer chairman quits amid glyphosate litigation

Bayer , the drug and crop protection company that is seeking to settle claims over an alleged cancer-causing effect of weedkiller Roundup, said its non-executive Chairman Werner Wenning was stepping down.



6 years ago
Profits surge at Peugeot maker PSA ahead of Fiat merger

Profits surge at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America.



6 years ago
Oil slides for fourth day as pandemic fears deepen

Oil slides for fourth day as pandemic fears deepen

Crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several countries outside China.



6 years ago
Starbucks to launch Beyond Meat plant-based breakfast sandwich in Canada

Starbucks to launch Beyond Meat plant-based breakfast sandwich in Canada

Starbucks Corp said on Wednesday its Canadian stores will start selling a Beyond Meat Inc plant-based breakfast sandwich next week, the first time the world's biggest coffee chain will offer an imitation meat product.



6 years ago
Hyundai to decide hydrogen fuel-cell system factory location this year: executive

Hyundai to decide hydrogen fuel-cell system factory location this year: executive

Hyundai Motor Co and its affiliates are ready to decide the location of a new hydrogen fuel-cell system factory this year, which could be in South Korea or overseas, an executive said on Wednesday.



6 years ago
Panasonic to exit solar cell production at Tesla's NY plant; ops unaffected, NY says

Panasonic to exit solar cell production at Tesla's NY plant; ops unaffected, NY says

Panasonic Corp plans to exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the U.S. electric vehicle (EV) maker's exclusive battery supplier nears its end.



6 years ago