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Latest News on private equity markets

More drugmakers hike U.S. prices as new year begins

Drugmakers including Bristol-Myers Squibb Co, Gilead Sciences Inc, and Biogen Inc hiked U.S. list prices on more than 50 drugs on Wednesday, bringing total New Year's Day drug price increases to more than 250, according to data analyzed by healthcare research firm 3 Axis Advisors.



5 years ago

Strike not extended at Lufthansa's Germanwings for now

The trade union representing cabin crew at Lufthansa's budget airline Germanwings decided on Wednesday not to continue their strike for the time being after three days of stoppages led to dozens of flights being canceled.



5 years ago

Nissan ex-boss Carlos Ghosn to hold press conference on Jan. 8: lawyer

Nissan ex-boss Carlos Ghosn will hold a news conference in Beirut on Jan. 8, a lawyer for Ghosn said on Wednesday, two days after abruptly arriving from Japan, where he was under house arrest and accused of financial misconduct.



5 years ago

California department to reject Sezzle's application for lending license in state

Buy-now-pay-later company Sezzle Inc said on Thursday a U.S. government department had announced its intention to reject the company's application for a lending license in the state of California.



5 years ago

Major commercial plane crash deaths worldwide fell by more than 50% in 2019: group

The number of people killed in large commercial airplane crashes fell by more than 50% in 2019 despite a high-profile Boeing 737 MAX crash in Ethiopia in March, a Dutch consulting firm said on Wednesday.



5 years ago

Dollar starts new year with a hangover as others find cheer

The dollar started the new year where it left the old one, under pressure as investors wagered U.S. economic outperformance could be coming to an end as optimism on trade brightens the outlook for growth globally.



5 years ago

California to reject Sezzle's application for lending license in state

A California state agency announced its intention to reject buy-now-pay-later company Sezzle Inc's application for a lending license in the state, sending its shares to a record low on Thursday. The California Department of Business Oversight (DBO), which oversees and regulates financial service providers in the state, issued a statement saying it would deny Sezzle's application.



5 years ago

Oil climbs on U.S.-China trade optimism, Middle East tensions

Oil prices rose on the first trading day of 2020 as warming trade relations between the United States and China eased demand concerns, and rising tensions in the Middle East raised worries about supply.



5 years ago

Asian shares rise on China's policy easing, trade deal hopes

Asian shares kicked off the new decade higher on Thursday, after global stocks ended the previous one at record highs, and buoyed by Chinese markets after Beijing eased monetary policy to support slowing growth.



5 years ago

Dollar off to a flat start for 2020 as others find the fizz

The dollar started the new year where it left the old one, on the back foot as investors wagered U.S. economic outperformance might be drawing to a close as optimism on trade brightens the outlook for growth globally.



5 years ago

Oil rises supported by U.S.-China trade optimism, Middle East tensions

Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East fueled worries about supply.



5 years ago

Turkish Airlines, Boeing reach 737 Max aircraft compensation deal

Turkish Airlines and Boeing have come to an agreement concerning compensation for certain losses caused by grounded and undelivered Boeing 737 Max aircraft, the Turkish airline said on Tuesday.



5 years ago

Ghosn lawyers still in possession of his passports, lawyer says

Ousted Nissan Motor Co boss Carlos Ghosn's three passports were held by his lawyers and he could not have used any of them to escape Japan, one of the lawyers told reporters on Tuesday, adding that his client's actions were "inexcusable".



5 years ago

From opioid deaths to student debt: A view of the 2010s economy in charts

The 2010s saw the U.S. economy achieve its longest-ever expansion, with notable milestones such as 110 months of uninterrupted job gains and an unemployment rate near a half-century low becoming easy bragging points for politicians and economists alike.



5 years ago

Ex-Nissan boss Ghosn says he is in Lebanon, fleeing Japan's 'rigged' justice system

Ousted Nissan boss Carlos Ghosn confirmed he fled to Lebanon, saying he wouldn't be "held hostage" by a "rigged" justice system and raising questions about how one of the world's most-recognized executives escaped Japan months before his trial.



5 years ago