Latest News on private equity markets

UBS Group AG said on Monday that 38% of its employees in the Americas at the end of last year were women and 25% were people of color, adding that it aims to increase the diversity of its workforce.

The blue-chip Dow Jones Industrial Average index briefly fell more than 1,000 points on Monday, as investors dumped riskier assets after a jump in coronavirus cases outside China fueled global growth worries.

Sanofi plans to create a standalone company dedicated to making active pharmaceutical ingredients (API), components that are biologically active in a drug, and will decide whether to list it on Euronext Paris by 2022.

Teck Resources Ltd's surprise decision to cancel a planned C$20.6 billion ($15.6 billion) oil sands mine in northern Alberta, citing uncertainty about Canada's climate policy, underscores a global struggle to balance energy growth with environmental concerns.

Hedge fund Third Point LLC has amassed more than a $2 billion stake in Prudential Plc and plans to push Britain's biggest insurer to split into two companies, people familiar with the matter said on Monday.

The Dow Jones Industrials fell more than 800 points and the S&P 500 as well as the Nasdaq hit three-week lows on Monday as a surge in coronavirus cases outside China fueled global growth worries and pushed investors to safer assets.

TransUnion Canada | Release | Feb 24, 2020 New TransUnion study considers common myths around the profile of FinTech borrowers in Canada FinTechs are not just attracting younger Canadians: 46% of FinTech borrowers are over the age of 40 Short-term loans are not the primary focus for FinTechs: 88% of FinTech loan terms are between

The Dow Jones Industrials shed 800 points on Monday as investors scurried to safer assets after a sharp rise in coronavirus cases outside China fueled fears of a bigger impact to global growth.

European shares suffered their biggest slump since mid-2016 on Monday and oil plunged almost 5%, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors scrambling to the security of gold and government bonds.

PepsiCo Inc has agreed to buy Chinese snack brand Be & Cheery from local jujube maker Haoxiangni Health Food Co Ltd for $705 million, the companies said.

Canadian miner Teck Resources Ltd has withdrawn an application to build its C$20.6 billion ($15.7 billion) Frontier oil sands mine in Alberta, days before the federal government was to decide on whether to approve the project opposed by environmentalists and indigenous groups.

Teck Resources Ltd has withdrawn the application for its C$20.6 billion ($15.7 billion) Frontier oil sands mine in Alberta, the company said on Sunday, days before the federal government was to decide on whether to approve the controversial project.

Global shares and oil extended losses on Monday while safe-haven gold soared as the spread of the coronavirus outside China accelerated with infections jumping in South Korea, Italy and the Middle East, in a worrying new development in the outbreak.

UniCredit Chief Executive Jean Pierre Mustier has ruled himself out of a switch to European rival HSBC , a source with knowledge of the matter told Reuters on Sunday.

Failure to reach a global deal on where and how much to tax digital giants such as Google , Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's Finance Minister said on Sunday.