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Latest News on private equity markets

Bayer close to Roundup settlement, mediator tells Bloomberg

Bayer is close to settling more than 75,000 cancer claims related to its Roundup herbicide, mediator Ken Feinberg told Bloomberg in an interview, saying he was "cautiously optimistic" a deal could be reached in about a month.



5 years ago

Renault expects slight 2020 car market decline in Europe, Russia and China

Renault said on Friday it expected a slight decline in the car market in Europe, Russia and China this year after the French carmaker reported a 3.4% fall of worldwide sales in 2019 as China and Iran weighed.



5 years ago

World shares up as China data fuels bets on growth

World shares rose to record highs on Friday, buoyed by Chinese data that suggested the world's second-biggest economy was stabilizing.



5 years ago

British Airways-owner IAG lifts ownership restrictions, boosting shares

British Airways-owner IAG lifted a restriction on non-EU investors' ability to buy its stock, helping boost its share price by more than 5%.



5 years ago

Fiat Chrysler and Foxconn plan Chinese electric vehicle joint venture

Italian-American automaker Fiat Chrysler and the parent of iPhone assembler Foxconn plan to set up a joint venture to build electric cars and develop internet-connected vehicles, the two groups said.



5 years ago

Oil ends week steady as China growth offsets trade deal optimism

Oil prices edged higher on Friday but were set to end the week broadly steady as sluggish economic growth in China, the world's biggest crude importer, raised concerns about fuel demand and countered optimism from the signing of a China-U.S. trade deal.



5 years ago

H&M to enter Panama in late 2020

The world's second-biggest fashion retailer H&M said on Friday it would open a first store in Panama at the end of 2020, making the country its first Central American market.



5 years ago

World shares gain as China data fuels bets on growth

World shares rose to record highs on Friday, buoyed by Chinese growth figures that suggested the world's second-biggest economy was stabilizing.



5 years ago

Exclusive: Sinopec to review potential $16 billion U.S. gas deal with Cheniere - sources

China's Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said.



5 years ago

Exclusive: China's Ant aims for $200 billion price tag in private share sales - sources

Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.



5 years ago

Exclusive: HSBC cutting around 100 staff in equities business - sources

HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.



5 years ago

Indonesian minister says SoftBank offering to invest up to $40 billion in new capital

SoftBank has offered to invest up to $40 billion in the new capital city Indonesia plans to build on Borneo island, a minister said on Friday, though the Japanese tech conglomerate said no figure had been suggested yet.



5 years ago

Fiat Chrysler and Foxconn plan push into Chinese electric car market

Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility.



5 years ago

U.S. to review petition seeking formal defect probe into 500,000 Tesla vehicles

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc models over sudden unintended acceleration reports.



5 years ago

Analysts raise Apple price targets but warn inflated expectations 'may make the music stop'

Morgan Stanley and Nomura analysts on Friday raised their price targets for Apple stock as the tech giant's shares continue to surge.

5 years ago