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Latest News on private equity markets

Facebook, privacy activist Schrems battle nears end on Dec. 19

Austrian privacy activist Max Schrems' seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe's top court will issue his view on whether tools used by companies to transfer data abroad are legal or not.



5 years ago

Exclusive: French side of PSA-Fiat merger want governance guarantees - sources

The French partners in the planned merger between French carmaker PSA and Fiat Chrysler are seeking reassurances before the deal is signed that the number of seats they are allotted under the draft deal will not change if CEO Carlos Tavares leaves, two sources close to PSA told Reuters.



5 years ago

Ruling on Ryanair bid to delay COO's easyJet move set for next week

An Irish High Court judge hopes to rule next week on whether Ryanair can prevent its operations chief Peter Bellew from joining arch-rival easyJet until 2021.



5 years ago

Take Five: What's the deal?

U.S. President Donald Trump and Chinese officials have agreed to a "phase one" trade deal that includes cutting U.S. tariffs on Chinese goods.



5 years ago

China to buy $50 billion in U.S. farm products under deal, Trump says

China will likely hit $50 billion in purchases of U.S. agricultural products, U.S. President Donald Trump said on Friday after earlier announcing that he would roll back scheduled tariffs on Chinese imports as Washington and Beijing finalized an initial trade deal.



5 years ago

Trump and Beijing officials announce tariff rollback deal; farm purchases unclear

U.S. President Donald Trump and Chinese officials said Friday that they have agreed to a "phase one" trade deal that included cutting U.S. tariffs on Chinese goods.



5 years ago

Sanctions-hit refiner Nynas handed administrator by Swedish court

Nynas AB, owned by Venezuela's state-run PDVSA and Finland's Neste Oil , on Friday filed for company reorganization at a Swedish court as the refiner failed to extend loans as it dealt with the fallout of U.S. sanctions.



5 years ago

China says reached phase one deal with U.S., to cancel Sunday tariffs

China and the United States have agreed on the text of a phase one trade deal, and Beijing has decided to cancel an earlier plan to impose additional tariffs on U.S. imports on Dec. 15, senior Chinese government officials said on Friday.



5 years ago

Wall Street slips as investors look for concrete details on trade deal

Wall Street fell in volatile trading on Friday, as investors remained confused about signs of progress on a U.S.-China trade deal despite comments from both sides that they had arrived at an initial agreement.



5 years ago

Power Financial shares jump on buyout offer by parent

Shares of Power Financial Corp (PFC) rose nearly 10% on Friday, their biggest jump in more than a decade, after parent Power Corp of Canada (PCC) agreed to buy the rest of the stake it does not currently own.



5 years ago

Shares gain, but doubts linger on U.S.-China deal, oil rises

Equity markets globally rose and oil prices surged on Friday after China and the United States agreed on a "phase one" trade deal and U.S. President Donald Trump said Washington would suspend tariffs on Chinese imports scheduled for Sunday.



5 years ago

U.S. prosecutor calls on UAW to cooperate, probe may widen

The U.S. Attorney leading the investigation of corruption within the United Auto Workers (UAW) told Reuters on Friday the union's leadership still is not fully cooperating with the government, but that individuals are giving federal investigators tips that could expand the probe.



5 years ago

U.S. says agrees to lower tariffs on some Chinese imports in trade deal

The United States agreed to modify its tariffs on Chinese goods in a "significant way" under a phase one trade agreement with Beijing, while China would buy substantially more U.S. goods and services, the U.S. Trade Representative's office said on Friday.



5 years ago

Shares of SoftBank-backed OneConnect rise 5% in U.S. market debut

Shares of OneConnect Financial Technology jumped 5% in their U.S. market debut on Friday, valuing the Chinese cloud tech firm at $3.79 billion.



5 years ago

Uber submits appeal to regain London taxi licence

Uber submitted an appeal on Friday against a decision by London's transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can continue to take rides.



5 years ago