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Latest News on private equity markets

Carmaker Rolls-Royce annual sales surge 25%

Luxury carmaker Rolls-Royce said on Tuesday it recorded a 25% jump in sales in 2019, underpinned by solid demand for its first-ever SUV, Cullinan, just a year after the launch.



5 years ago

Asia stocks rally, oil skids as investors reassess Mideast risk

Asian shares rebounded on Tuesday as investors' reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed.



5 years ago

Japan says it has sought help from Lebanon over fugitive Ghosn

Japan has asked Lebanon for help regarding Carlos Ghosn, a top Japanese official said on Tuesday, calling the former auto executive's escape to Beirut "regrettable" but stopping short of spelling out what Tokyo was seeking from local authorities.



5 years ago

Oil skids 1.5% as investors recalibrate risk of Mideast disruption

Oil prices slid on Tuesday as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.



5 years ago

Tesla starts work on Model Y program at Shanghai factory

U.S. electric vehicle maker Tesla Inc on Tuesday officially started work on a Model Y program at its $2 billion Shanghai factory, in a ceremony attended by its billionaire CEO Elon Musk and senior Shanghai government officials.



5 years ago

Japan to do utmost to secure Ghosn's return: justice ministry official

Japan will do its utmost to secure the return of ex-Nissan boss Carlos Ghosn and is examining Lebanese law for a way to bring him back, a senior official at the Japanese justice ministry said on Tuesday.



5 years ago

Tesla starts work on building Model Y SUVs at Shanghai factory

U.S. electric car maker Tesla Inc said it has started work on building Model Y electric sports utility vehicles (SUV) at its $2 billion Shanghai factory, marking a new milestone for the company's first foreign car plant.



5 years ago

Japan to do utmost to have Ghosn return for trial: ministry official

Japanese legal officials are poring over Lebanese laws in a bid to find a way to return ex-Nissan boss Carlos Ghosn to Japan, a Ministry of Justice senior official said on Tuesday, adding that Tokyo will do its utmost to have him face trial on financial misconduct charges.



5 years ago

Explainer: Ghosn to 'speak freely' after his escape; what's in store?

Ousted Nissan Motor Co Ltd boss Carlos Ghosn is set to hold on Wednesday his first live news conference since his arrest in November 2018 on financial misconduct charges, saying his escape from Japan has meant he can communicate "freely".



5 years ago

Daimler sued for $1 billion in German court over diesel cheating

Investors have sued Daimler for 896 million euros ($1 billion) in a regional court in Stuttgart, accusing the carmaker of concealing its use of emissions cheating software, German law firm TILP said on Tuesday.



5 years ago

Volkswagen seeks damages from Prevent in ongoing legal dispute

Volkswagen is seeking more than 100 million euros ($112 million) in damages from former supplier Prevent, it said on Tuesday, adding it had filed a first claim for one of its subsidiaries.



5 years ago

Oil tumbles as investors rethink Mideast disruption risk

Oil prices on Tuesday surrendered some gains made over the previous two days as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.



5 years ago

Arrest warrant for Ghosn's wife 'pathetic': Ghosn spokeswoman

An arrest warrant issued by Japanese prosecutors for Carlos Ghosn's wife Carole is "pathetic" and comes shortly before Ghosn is to speak freely for the first time since arriving in Beirut, a spokeswoman for Ghosn told Reuters on Tuesday.



5 years ago

Stocks steady, oil cools as U.S.-Iran tensions ease

World shares steadied and oil pulled back from multi-month highs on Tuesday after dramatic post-new year moves, as investors judged prospects of an all-out conflict between the United States and Iran had eased.



5 years ago

Japan issues arrest warrant for Ghosn's wife, looks for ways to bring him back

Tokyo prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn's wife Carole for allegedly lying in testimony, as officials sought ways to bring the fugitive car industry boss back for trial on financial misconduct charges.



5 years ago