Latest News on private equity markets

Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround

Nissan CEO tells angry shareholders he is ready to be sacked if no turnaround

Nissan's new chief executive said on Tuesday he would accept being fired if he fails to turn around Japan's second biggest automaker which is grappling with plunging sales in the aftermath of the scandal surrounding ex-chairman Carlos Ghosn.



6 years ago
HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years

HSBC to shed assets worth $100 billion and slash 35,000 jobs over three years

HSBC Holdings said on Tuesday it would shed $100 billion in assets, slashing the size of its investment bank and revamping its U.S. and European businesses - in a drastic overhaul that will mean 35,000 jobs cut over three years.



6 years ago
France's Accor partners with Visa under loyalty program

France's Accor partners with Visa under loyalty program

Accor , Europe's largest hotel group, said on Tuesday it was joining forces with American card giant Visa to offer a payment card to members of its lifestyle loyalty program named ALL-Accor Live Limitless.



6 years ago
Stocks under pressure as Apple sounds warning on coronavirus

Stocks under pressure as Apple sounds warning on coronavirus

Asian shares fell and Wall Street was poised to retreat from record highs on Tuesday after Apple Inc said it would miss its March quarter revenue guidance as the coronavirus slowed production and weakened demand in China.



6 years ago
Boy Scouts of America files bankruptcy in wake of abuse lawsuits

Boy Scouts of America files bankruptcy in wake of abuse lawsuits

The Boy Scouts of America said on Tuesday it had filed for Chapter 11 bankruptcy amid a flood of lawsuits over allegations of child sexual abuse stretching back decades.



6 years ago
Here's how to get your tax return out the door faster — and get your refund sooner

Here's how to get your tax return out the door faster — and get your refund sooner

If you're dragging your feet to submit your 2019 tax return, you aren't alone. Here's what you need to quickly and accurately wrap up your taxes and get it to the IRS.

6 years ago
Oil edges up as output cut hopes offset coronavirus concern

Oil edges up as output cut hopes offset coronavirus concern

Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak in China were offset by expectations that potential production cuts from major producers could tighten global crude supply.



6 years ago
Can Fintech Make the World More Inclusive?

Can Fintech Make the World More Inclusive?

Wharton Knowledge | Kalin Anev Janse | Oct 10, 2019 Can Fintech Make the World More Inclusive? The potential gains for the start-ups driving fintech (financial technology) are obvious. But the possibilities for extending financial services to the underserved – or those without services at all – are already being realized. With proper oversight and

6 years ago
EU industry chief tells Facebook to adapt to EU, not other way round

EU industry chief tells Facebook to adapt to EU, not other way round

EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe's standards, not the other way round, as he criticized the U.S. social media giant's proposed internet rules as insufficient.



6 years ago
Alstom to buy Bombardier rail unit for up to $6.7 billion

Alstom to buy Bombardier rail unit for up to $6.7 billion

France's Alstom said on Monday it had agreed to buy the train division of Canada's Bombardier for up to 6.2 billion euros ($6.7 billion), in the latest bid by Western rail companies to bulk up in the face of Chinese competition.



6 years ago
French government to ensure Alstom-Bombardier deal creates value: minister

French government to ensure Alstom-Bombardier deal creates value: minister

The French government will make sure the acquisition of Bombardier's train business by Alstom creates value for the European rail industry and the staff of both companies, Finance Minister Bruno Le Maire said on Monday.



6 years ago
ESG has moved up the pension trustee agenda – are you ready?

ESG has moved up the pension trustee agenda – are you ready?

Gowling WLG | Jason Coates | Feb 11, 2020 It seems that climate change awareness and interest in environmental, social and governance (ESG) issues among investors, politicians, millennials and society at large has reached a tipping point. This has led to new pressures and subsequent regulations, but also to new opportunities for all stakeholders involved.

6 years ago
Exclusive: Italian government leaning towards third term for Eni CEO - sources

Exclusive: Italian government leaning towards third term for Eni CEO - sources

The Italian government is leaning toward reappointing Claudio Descalzi as CEO of state-controlled oil firm Eni, provided he will work with a new board to speed up efforts to cut carbon emissions, four senior political sources told Reuters.



6 years ago
EU industry chief warns of more onerous tech rules by year end

EU industry chief warns of more onerous tech rules by year end

The European Union will decide by the end of the year whether to impose rules reining in the market power of U.S. tech giants, the bloc's industry chief said on Monday as he criticised Facebook's proposals as insufficient to address EU concerns.



6 years ago
Thyssenkrupp shortlists buyout firms for elevator unit, Kone out

Thyssenkrupp shortlists buyout firms for elevator unit, Kone out

By Christoph Steitz, Tom Käckenhoff, Arno Schuetze and Edward Taylor



6 years ago