Latest News on private equity markets

Johnson & Johnson on Wednesday posted a 32% rise in fourth-quarter profit, boosted by demand for its cancer drugs Darzalex and Imbruvica.

The Swiss franc fell on Wednesday on signs the central bank may be intervening to stop it rising further, outweighing the impact of concerns about the spread of a new coronavirus that have driven investors into safe-haven assets this week.

Renault Chairman Jean-Dominique Senard said Wednesday he hoped the decision on the French carmaker's new CEO would be made in "the coming days".

Airline flydubai, a major Boeing 737 MAX customer, is considering leasing additional aircraft following the latest setback to the grounded jet's return to service.

U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn't agree to a trade deal.

Bank of America Corp will recruit about 50 bankers for its investment team in Asia this year, as it pushes to bulk up its dealmaking business and shore up revenues from the unit globally, three people with direct knowledge of the matter said.

Oil prices fell on Wednesday as an International Energy Agency (IEA) forecast of a market surplus in the first half of 2020 outweighed concerns about disruptions that have slashed Libya's crude output.

Sainsbury's has picked retail boss Simon Roberts to succeed CEO Mike Coupe, the architect of the British retailer's failed bid for rival Asda who will step down in May after six years at the helm.

World stock markets looked to be getting back to full strength on Wednesday, as updates from China about the spread of a new flu-like coronavirus raised hopes the outbreak would be contained.

British carmaker Jaguar Land Rover (JLR) will cut over 10% of the workforce at its northern English Halewood factory due to slower than expected growth of two models, the Unite Union said on Wednesday.

The United States' economy would be growing at a pace near 4% if wasn't for the lingering effect of Federal Reserve rate hikes, President Donald Trump told CNBC in an interview on Wednesday.

Airbus' shares rose to record highs on Wednesday, after its U.S. arch rival Boeing warned of new issues with the Boeing 737 MAX plane, while customers and suppliers slumped after the latest blow from the U.S. aerospace company.

Aircraft lessor Air Lease Corp , which has ordered 150 of Boeing's grounded 737 MAX, remains confident in the jet's long-term value, Chief Financial Officer Greg Willis said on Wednesday after Boeing announced a new delay to its return.

U.S. President Donald Trump said on Wednesday a tax cut for the middle class would be announced over the next 90 days.

Japan's most prominent activist investor on Wednesday demanded Toshiba Machine Co hold an extraordinary shareholders meeting to discuss its plans to introduce defense measures against a hostile takeover.