Latest News on private equity markets

Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday.

Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up, the central bank said on Thursday, after China and the United States signed a initial deal on trade.

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges.

Chinese Vice Premier Liu He said China will steadily push forward capital account opening and yuan internationalization, under the premise of focusing on preventing risks, state media People's Daily reported on Thursday.

Renault chairman Jean-Dominique Senard said on Thursday the operating board of the Renault-Nissan alliance would meet by the end of January to decide on joint industrial initiatives.

Renault chairman Jean-Dominique Senard said on Thursday there was "no stress" to appoint a new chief executive at the helm of the French carmaker, adding current interim arrangements were working well.

Renault Chairman Jean-Dominique Senard said on Thursday there was a "real desire" at the helm of the carmaker's alliance with Nissan to make it a success, dismissing suggestions the two decade partnership might be on the rocks.

China's Belt and Road investment scheme, which aims to connect Europe with Asia, is sidelining European companies and Brussels should review its competition law to level the playing field, a business lobby group said on Thursday.

Tesla Inc's overall vehicle registrations nearly halved in the U.S. state of California during the fourth quarter, according to a Dominion Cross-Sell report, which collates data from state motor vehicle records.

Oil prices rose on Thursday buoyed by the long-anticipated signing of an initial Sino-U.S. trade deal that sets the stage for a jump in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected.

Comcast Corp on Thursday will reveal details of Peacock, its belated entry into the streaming wars, as it harnesses its NBCUniversal library and invests in new content in an effort to capture viewers abandoning cable TV.

Chinese state media on Thursday warned against any "nitpicking" as Beijing portrayed the Phase 1 trade deal with United States and its new commitments to massive purchases of American goods as a boon for China's economy.

World stocks remained near record highs on Thursday, after the United States and China signed the first phase of an agreement to end their 18-month trade war.

Oil prices rose on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, giving some relief to markets, but gains were capped as the International Energy Agency said it expected oil production to outstrip demand.

CEO James Gorman said that Morgan Stanley posted record profit and revenue in 2019 and met all of the bank's performance targets.