Latest News on private equity markets

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
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
Profits jump at Peugeot maker PSA ahead of Fiat merger

Profits jump at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm underscored a gloomy outlook for car sales in markets like Europe this year as it pursues its merger with Fiat Chrysler .



6 years ago
Oil falls for fifth day on demand concerns as coronavirus spreads

Oil falls for fifth day on demand concerns as coronavirus spreads

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 fuelled fears of a pandemic which could slow the global economy and lower crude demand.



6 years ago
Trump, Modi hope talks lead to phase one of U.S.-India trade deal: White House

Trump, Modi hope talks lead to phase one of U.S.-India trade deal: White House

U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to "promptly" conclude ongoing trade talks that they hope can lead to the first phase of a bilateral U.S.-India trade deal, the White House said.



6 years ago
StanChart annual profit rises 46%, misses estimates

StanChart annual profit rises 46%, misses estimates

Standard Chartered on Thursday posted a 45.5% rise in annual profit, weathering the economic fallout from global trade tensions and political protests in Hong Kong with revenue growth in its main markets.



6 years ago
Wall Street plunges as coronavirus spread sends investors fleeing

Wall Street plunges as coronavirus spread sends investors fleeing

Wall Street's three major stock indexes fell 3% on Tuesday as the coronavirus spread further around the world and investors clamored for safety a day after the S&P 500's and the Dow Industrials' biggest daily declines in two years.



6 years ago
Oil steadies on bargain-hunting; virus fears cap gains

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.



6 years ago
SoftBank-backed Grab raising $856 million from Japanese investors

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.



6 years ago