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Latest News on private equity markets

New York drops fight against T-Mobile-Sprint merger

New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , saying the state would not appeal a judge's approval of the deal.



5 years ago

British Airways COO and director of people to leave

British Airways said on Sunday its Chief Operating Officer, Klaus Goersch, and its Director of People, Angela Williams, were leaving the company.



5 years ago

U.S. peach grower awarded $265 million from Bayer, BASF in weedkiller lawsuit

A Missouri jury's $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer and BASF has raised the stakes for the two companies as at least 140 similar cases head to U.S. courts later this year.



5 years ago

Clock's ticking for Nissan boss Uchida to show he has a plan: sources

Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board.



5 years ago

Oil prices slip ahead of data pointers on impact of coronavirus on demand

Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China's coronavirus epidemic has affected oil demand.



5 years ago

Asian shares ease off three-week highs as virus fears return

Asian shares stepped back from three-week highs on Monday as investors weighed the near-term hit on global growth from a fast-spreading coronavirus outbreak in China, although expectations of further policy stimulus helped stem losses.



5 years ago

Xerox courts HP shareholders as takeover battle heats up

U.S. printer maker Xerox Holdings Corp is hosting a dinner for HP Inc shareholders this week as it seeks investor support to overcome the personal computer maker's resistance to its $35 billion takeover bid, according to people familiar with the matter.



5 years ago

Great Wall says to buy GM's Thailand car plant

China's Great Wall Motor said on Monday it had signed a binding agreement to purchase a car plant from General Motors in Thailand.



5 years ago

General Motors to wind down Australia, New Zealand operations, sell Thailand plant

General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.



5 years ago

Asian shares hover around three-week highs on Chinese support measures

Asian shares reversed earlier losses on Monday and moved back toward a three-week top as Chinese efforts to cushion the blow from a coronavirus outbreak cheered investors, although Japanese stocks faltered amid growing recession risks.



5 years ago

Japan's recession risks grow as economy skids in fourth-quarter, virus clouds outlook

Japan's economy shrank at the fastest pace in almost six years in the December quarter as last year's sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks.



5 years ago

Japan ready to take steps vs virus impact on tourism: Economy Minister

Japanese Economy Minister Yasutoshi Nishimura said on Monday the government was ready to take all necessary steps flexibly with an eye on the impact of the coronavirus outbreak on the economy and tourism.



5 years ago

General Motors to wind down Australia, NZ operations, sell Thai plant to Great Wall

General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand and retire the Holden brand by 2021.



5 years ago

Timeline: General Motors streamlines its international operations

General Motors Co is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in Thailand.



5 years ago

Lebanon's MEA to require payment in dollars as crisis bites-report, source

Lebanon's state-owned carrier Middle East Airlines (MEA) will only accept payment in U.S. dollars from Monday, the National News Agency reported, as the country grapples with a foreign currency liquidity crisis.



5 years ago