Latest News on private equity markets

Amazon seeks to depose Trump about 'order to screw Amazon' in Pentagon deal

Amazon seeks to depose Trump about 'order to screw Amazon' in Pentagon deal

Amazon Web Services said on Monday it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying "to screw Amazon" when it awarded a Pentagon contract for cloud computing to rival Microsoft Corp.



6 years ago
'Parasite' rich vs. poor theme evokes growing US wealth gap: 'It's never been this bad'

'Parasite' rich vs. poor theme evokes growing US wealth gap: 'It's never been this bad'

"Parasite," which won the Oscar for best picture Sunday night, uses a theme of haves vs. have-nots to drive its narrative, evoking the widening wealth divide among American families.

6 years ago
Climate activists invade BlackRock office in Paris

Climate activists invade BlackRock office in Paris

Dozens of climate activists invaded U.S. asset manager BlackRock's office in central Paris on Monday, calling for the fund to pull out of fossil fuel investments.



6 years ago
China's first-quarter smartphone sales may halve due to coronavirus: analysts

China's first-quarter smartphone sales may halve due to coronavirus: analysts

China's smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports.



6 years ago
Coronavirus prompts Sony, NTT to join Barcelona congress exodus

Coronavirus prompts Sony, NTT to join Barcelona congress exodus

Japanese wireless carrier NTT Docomo and Sony Corp pulled out of the Mobile World Congress (MWC) in Barcelona on Monday because of the coronavirus outbreak.



6 years ago
Xerox sweetens offer for HP

Xerox sweetens offer for HP

Xerox Holdings Corp raised its offer to buy HP Inc by $2 to $24 per share on Monday, following several rejections of its previous buyout offer by the PC maker.



6 years ago
Google plan to buy into largest African wind farm ended by delay

Google plan to buy into largest African wind farm ended by delay

Google's plans to buy a 12.5% stake in Africa's largest wind farm have been canceled after delays to the project, Danish wind turbine maker Vestas said on Monday.



6 years ago
WeWork temporarily closes 100 buildings in China over coronavirus: CNBC

WeWork temporarily closes 100 buildings in China over coronavirus: CNBC

Office sharing startup WeWork has temporarily closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.



6 years ago
Wall Street steady as investors weigh coronavirus risks

Wall Street steady as investors weigh coronavirus risks

U.S. stocks ticked higher on Monday, as people returned to work in China after an extended new year holiday triggered by the coronavirus outbreak but sentiment remained fragile.



6 years ago
Amazon seeks to depose Trump, Esper in lawsuit over cloud computing contract

Amazon seeks to depose Trump, Esper in lawsuit over cloud computing contract

Amazon Web Services is seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over the awarding of a U.S. military contract for cloud computing to Amazon rival Microsoft, according to a spokesperson.



6 years ago
Exclusive: Hundreds of Chinese businesses seek billions to contend with coronavirus - sources

Exclusive: Hundreds of Chinese businesses seek billions to contend with coronavirus - sources

More than 300 Chinese companies are seeking bank loans totalling at least 57.4 billion yuan ($8.2 billion) to help to soften the impact of the coronavirus outbreak in China, two banking sources said.



6 years ago
Geely targets expansion by tightening ties with Volvo

Geely targets expansion by tightening ties with Volvo

China's Geely Automobile and Volvo are in talks about combining their businesses to create a stronger global carmaker with listings in Hong Kong and possibly Stockholm.



6 years ago
Apple iPhone maker Foxconn approved to resume Shenzhen plant production: source

Apple iPhone maker Foxconn approved to resume Shenzhen plant production: source

Apple iPhone maker Foxconn has received Chinese government approval to resume production at a key plant in the southern city of Shenzhen, a source with direct knowledge of the situation told Reuters late on Monday.



6 years ago
WeWork closes 100 buildings in China over coronavirus threat: CNBC

WeWork closes 100 buildings in China over coronavirus threat: CNBC

Office sharing startup WeWork has closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.



6 years ago
Google drops plan to buy into largest African wind farm

Google drops plan to buy into largest African wind farm

Google has canceled plans to buy a 12.5% stake in Africa's largest wind farm after delays to the project, Danish wind turbine maker Vestas said on Monday.



6 years ago