Latest News on private equity markets

Beer, wine, spirit makers pledge age-restriction labels on drinks

Beer, wine, spirit makers pledge age-restriction labels on drinks

Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking.



6 years ago
Asian shares, bond yields fall as deadly coronavirus spreads

Asian shares, bond yields fall as deadly coronavirus spreads

Asian shares slipped again on Tuesday as China took more drastic steps to combat the coronavirus, while bond yields fell globally on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.



6 years ago
Mexico's America Movil fined by regulator; calls it 'illegal and disproportionate'

Mexico's America Movil fined by regulator; calls it 'illegal and disproportionate'

America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.



6 years ago
Former Boeing CEO Muilenburg resigns from Caterpillar board

Former Boeing CEO Muilenburg resigns from Caterpillar board

Caterpillar Inc said on Monday former Boeing Co Chief Executive Officer Dennis Muilenburg had resigned from its board.



6 years ago
Crowded Lagos to ban motorbikes from most of Nigerian metropolis

Crowded Lagos to ban motorbikes from most of Nigerian metropolis

Nigeria's business capital of Lagos will ban commercial motorcycles from operating in large parts of the city, the state government announced on Monday, a move that could change the commute for thousands and threaten ride-hailing startups.



6 years ago
Mexico's America Movil fined 1.3 billion pesos by telecoms regulator

Mexico's America Movil fined 1.3 billion pesos by telecoms regulator

America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said in a regulatory filing on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.



6 years ago
Renault board meeting Tuesday to seal De Meo's CEO nomination: report

Renault board meeting Tuesday to seal De Meo's CEO nomination: report

Renault's board is set to meet on Tuesday to approve naming Luca de Meo, formerly the head of Volkswagen's Seat brand, as its next chief executive, Le Figaro newspaper reported on Monday.



6 years ago
Boeing secures financing commitments for over $12 billion: source

Boeing secures financing commitments for over $12 billion: source

Boeing Co has secured financing commitments for more than $12 billion from over a dozen banks, a source familiar with the matter said on Monday, as financial pressures mount due to a production halt on its 737 MAX aircraft.



6 years ago
Oil sinks to three-month lows as coronavirus raises demand fears

Oil sinks to three-month lows as coronavirus raises demand fears

Crude futures dropped 2% to three-month lows on Monday as the death toll from China's coronavirus grew, curtailing travel and fueling expectations of slowing oil demand.



6 years ago
Brazil antitrust regulator gives nod to Boeing-Embraer deal

Brazil antitrust regulator gives nod to Boeing-Embraer deal

Technical staff at Brazilian antitrust regulator Cade on Monday approved Boeing Co's purchase of Embraer SA's commercial aviation division without restrictions, according to a statement on the agency's website.



6 years ago
Wall Street tumbles as virus fuels economic worry

Wall Street tumbles as virus fuels economic worry

U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment efforts in the world's second largest economy.



6 years ago
Judge dismisses Wall Street 'fear gauge' lawsuit against Cboe

Judge dismisses Wall Street 'fear gauge' lawsuit against Cboe

A federal judge on Monday dismissed an antitrust lawsuit by investors who accused the parent of the Chicago Board Options Exchange of letting anonymous traders rig the "fear gauge," Wall Street's main gauge of future stock market volatility, at their expense.



6 years ago
New York, FTC sue 'pharma bro' Shkreli, others over Daraprim price hikes

New York, FTC sue 'pharma bro' Shkreli, others over Daraprim price hikes

Martin Shkreli, the "pharma bro" in prison for defrauding investors, faces a lawsuit filed by the Federal Trade Commission and New York Attorney General's office for a scheme to preserve his monopoly for the drug Daraprim, which has seen gigantic price increases.



6 years ago
Whirlpool profit beats estimates on higher prices, cost cuts

Whirlpool profit beats estimates on higher prices, cost cuts

Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.



6 years ago
Global stocks slide to two-week low on China virus fears, safe havens gain

Global stocks slide to two-week low on China virus fears, safe havens gain

Stocks markets tumbled worldwide on Monday and investors worried about the possible economic impact of the coronavirus drove up the price of safe-haven assets such as the Japanese yen and government debt.



6 years ago