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Latest News on private equity markets

Chinese listed companies ramp up virus efforts after president's call

A number of Chinese listed companies - ranging from biotech firms, drugmakers, mask producers and thermometer manufacturers - announced efforts in response to a national call to fight the outbreak of the Wuhan coronavirus.



5 years ago

Steep losses in China stocks hit Asia, oil tumbles as virus fears grow

Asian shares tumbled on Thursday, led by the biggest slide in Chinese stocks in more than eight months, as investors grew more anxious about the spread of a new flu-like virus in China just as millions prepared to travel for the Lunar New Year.



5 years ago

Oil skids as specter of China virus looms over fuel demand, economy

Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.



5 years ago

Siemens CEO Kaeser asks Trump for equal treatment in Mideast

Siemens Chief Executive Joe Kaeser said he was seeing a more positive mood among the German engineering company's clients at the start of the year, he told CNBC on Thursday.



5 years ago

Britain says Huawei alternatives are limited, decision soon: minister

Britain will soon decide what role China's Huawei will have in its 5G telecommunications network but there are only a limited number of alternative providers, business minister Andrea Leadsom said on Thursday.



5 years ago

Australia's Westpac hires 'Mack the knife' McFarlane to chair crisis-hit bank

Australia's Westpac Banking Corp named a former Barclays boss as chairman on Thursday, entrusting veteran banker John McFarlane with the task of steering it through the country's biggest money-laundering scandal.



5 years ago

Yen jumps and yuan sags on Chinese virus fears

The Japanese yen strengthened and China's yuan fell to a two-week low on Thursday as investors grew more anxious about the spread of a virus in China, while the euro was calm ahead of the European Central Bank meeting.



5 years ago

Britain to United States: We want a trade deal and a digital tax

Britain wants a trade deal with the United States but will impose a digital service tax on the revenue of companies such as Google, Facebook and Amazon, business minister Andrea Leadsom said on Thursday.



5 years ago

Virus fears keep stocks red; ECB gets ready to rethink

World shares fell on Thursday, led by the biggest decline in Chinese stocks in more than eight months, as concern mounted about the spread of a deadly virus in China.



5 years ago

Volkswagen CEO - Luca de Meo is probably in talks with Renault: CNBC

The chief executive of Volkswagen told CNBC that Luca de Meo, who earlier this month stepped down as chief executive of the German carmaker's Spanish Seat brand, was probably in talks with Renault .



5 years ago

Volkswagen CEO: Seat's de Meo probably in talks with Renault - CNBC

The chief executive of Volkswagen said Luca de Meo, who stepped down as chief executive of the German carmaker's Spanish Seat brand this month, was probably in talks with French carmaker Renault .



5 years ago

CITIC Capital bidding for 22% McDonald's China stake: chief

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.



5 years ago

Oil falls as spectre of China virus looms over fuel demand

Oil prices fell on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.



5 years ago

Mexico goes ghost as its oil hedge bill spirals

Mexico is playing a risky game of hide and seek with the oil market.



5 years ago

Southwest quarterly profit falls on mounting 737 MAX costs

Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year.



5 years ago