Latest News on private equity markets

EU extends EssilorLuxottica, GrandVision antitrust investigation to July 6

EU extends EssilorLuxottica, GrandVision antitrust investigation to July 6

EU antitrust regulators on Tuesday extended their investigation into Ray-Ban maker EssilorLuxottica's 7.2 billion-euro ($7.8 billion) bid for Dutch opticians group GrandVision by two weeks to July 6, according to an EU filing.



6 years ago
IEA says virus-hit oil growth outlook lowest in a decade, could go lower

IEA says virus-hit oil growth outlook lowest in a decade, could go lower

The International Energy Agency's (IEA) outlook on global oil demand growth has fallen to its lowest level in a decade, IEA Executive Director Fatih Birol said on Tuesday, adding it could be reduced further due to the impact of the coronavirus outbreak.



6 years ago
Tesco completes China exit with $357 million stake sale

Tesco completes China exit with $357 million stake sale

Britain's biggest retailer Tesco has completed its exit from China with the 275 million pound ($357 million) sale of its joint venture stake to state-run partner China Resources Holdings (CRH).



6 years ago
Fiat Chrysler CEO Manley received 13.3 million euros in 2019 compensation: filing

Fiat Chrysler CEO Manley received 13.3 million euros in 2019 compensation: filing

Fiat Chrysler Automobiles NV (FCA) Chief Executive Mike Manley received compensation of 13.28 million euros ($14.45 million) for 2019, in line with a target set by the company, the Italian-American automaker said in a filing on Tuesday.



6 years ago
Fed's Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ

Fed's Kaplan says unclear right now if coronavirus calls for U.S. rate change: WSJ

Federal Reserve Bank of Dallas President Robert Kaplan said on Tuesday events are still too fluid around the coronavirus outbreak to say the U.S. central bank needs to lower short-term rates, the Wall Street Journal reported on Tuesday.



6 years ago
Global stocks pause after coronavirus shakeout

Global stocks pause after coronavirus shakeout

Global stock markets stabilised on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce after the previous day's sharp selloff on fears about the spreading coronavirus.



6 years ago
Factbox: Charting the impact of the new coronavirus

Factbox: Charting the impact of the new coronavirus

The following charts aim to capture the scale and trajectory of stock market moves in response to the new coronavirus outbreak, the growing number of cases beyond China, the reaction of China's central bank and the impact on safe haven investments.



6 years ago
Coronavirus concerns spur odd market moves

Coronavirus concerns spur odd market moves

Some asset prices are moving together in unusual ways, an indication that investors may be preparing their portfolios for a coronavirus-led global slowdown.



6 years ago
China's Didi to launch Japan food delivery service from April

China's Didi to launch Japan food delivery service from April

China's ride hailing company Didi Chuxing plans to launch a food delivery service in Japan from April, the firm, backed by SoftBank Group Corp , said on Tuesday, as it seeks to grow its overseas business.



6 years ago
Mallinckrodt proposes $1.6 billion opioid deal, Chapter 11 for generics unit: WSJ

Mallinckrodt proposes $1.6 billion opioid deal, Chapter 11 for generics unit: WSJ

Mallinckrodt Plc is finalizing a settlement proposal of at least $1.6 billion that would place its U.S. generic drug business into bankruptcy to address the debt maturities and liabilities arising out of the opioid crisis, the Wall Street Journal reported on Monday.



6 years ago
Asia share slide pauses, awaiting clarity on pandemic risk

Asia share slide pauses, awaiting clarity on pandemic risk

Asian share markets found some stability on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce, allowing investors to take a breather from coronavirus fears.



6 years ago
Asian shares try to stabilize as S&P futures bounce

Asian shares try to stabilize as S&P futures bounce

Asian share markets were trying to stabilize on Tuesday after a wave of early selling petered out and Wall Street futures managed a solid bounce, allowing investors to take a break from coronavirus fears.



6 years ago
Oil bounces as investors hunt bargains; virus fears cap gains

Oil bounces as investors hunt bargains; virus fears cap gains

Oil rose on Tuesday as investors snapped up bargains after crude benchmarks dropped almost 4% in the previous session, but fears that the spreading coronavirus could wreak far greater economic damage than initially thought capped gains.



6 years ago
K-pop sensation BTS' label picks JPMorgan, others for IPO: media

K-pop sensation BTS' label picks JPMorgan, others for IPO: media

Big Hit Entertainment, the music label of South Korean boy band BTS, has chosen JPMorgan , NH Investment and Securities and others to handle its initial public offering (IPO), according to media reports.



6 years ago
Jim Cramer says groups of stocks are 'too toxic to touch' after Dow tanks 1,000 points

Jim Cramer says groups of stocks are 'too toxic to touch' after Dow tanks 1,000 points

CNBC's Jim Cramer warns investors not to buy shares of companies that are about to have supply chains cut due to coronavirus.

6 years ago