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Latest News on private equity markets

U.S. finalizing rules to limit sensitive tech exports to China, others

The Trump administration is finalizing a set of narrow rules to limit exports of sophisticated technology to adversaries like China, a document seen by Reuters shows, in a boon to U.S. industry that feared a much tougher crackdown on sales abroad.



5 years ago

Fiat Chrysler, Peugeot owner agree binding $50 billion merger deal

Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry.



5 years ago

Airbus set for strong sales year despite trade woes: Scherer

Airbus is on course to end 2019 with all major civil aircraft programmes showing a book-to-bill ratio above one, chief commercial jet salesman Christian Scherer said on Wednesday.



5 years ago

World shares hover near record highs as investors pause for breath

World stocks hovered just off record highs on Wednesday after climbing for five straight sessions, while Britain's pound nursed heavy losses in the wake of renewed Brexit uncertainty.



5 years ago

Lenovo founder Liu Chuanzhi to retire

Lenovo Group's founder, Liu Chuanzhi, will retire at the year end as chairman of its parent Legend Holdings, the company said on Wednesday.



5 years ago

Fiat Chrysler, Peugeot owner agree to binding $50 billion merger deal

Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape the global car industry.



5 years ago

Fiat Chrysler has aggressive goals for 2020 independently of PSA merger: CEO

Fiat Chrysler has its own goals to meet next year, independently of its planned merger with Peugeot owner PSA , Chief Executive Mike Manley said on Wednesday.



5 years ago

JPMorgan receives final approval for majority-owned securities venture in China

JPMorgan said on Wednesday it has received the final approval from Chinese regulators to set up a majority-owned securities venture in the country.



5 years ago

UK ad watchdog bans BAT from Instagram e-cigarette promotion

British American Tobacco (BAT) must stop advertising its e-cigarettes from any public account on Instagram, including some influencers' accounts, the UK's advertising watchdog ruled on Wednesday.



5 years ago

Oil falls as U.S. inventories rise but demand hopes stem bigger drop

Oil prices fell on Wednesday after U.S. industry data showed a surprise build up in crude inventories but losses were kept in check by expectations for an uptick in demand next year on the back of progress in resolving the U.S.-China trade row.



5 years ago

FCA-PSA deal 'good', government will monitor impact: Italy's Finance Minister

Italy's Finance Minister Roberto Gualtieri on Wednesday welcomed the binding merger agreement between Fiat Chrysler and Peugeot maker PSA saying it was "good" and said Rome would keep on eye on the deal's effects on jobs and investments.



5 years ago

Indian tribunal orders restoring ex-Tata Sons chairman Cyrus Mistry

An Indian tribunal on Wednesday ordered restoring Tata Sons' former executive chairman Cyrus Mistry to the position he had held until 2016, a lawyer involved in the case said.



5 years ago

Fed's Brainard: Facebook's Libra faces 'core set' of regulatory hurdles

U.S. Federal Reserve Governor Lael Brainard launched a broadside against Facebook's Libra digital currency project on Wednesday, saying it faces a "core set of legal and regulatory challenges" including clarity about how it would be tied to some basket of underlying assets.



5 years ago

Fiat Chrysler CEO Manley to be part of new group after PSA merger: chairman

Fiat Chrysler Chief Executive Mike Manley will remain with the new group set to result from a planned merger with French rival PSA-Peugeot , Chairman John Elkann said on Wednesday.



5 years ago

McDonald's shuts all Peru restaurants to mourn dead workers

McDonald's has shut all its restaurants in Peru for two days of mourning after two of its employees died, the burger chain said on Twitter.



5 years ago