Latest News on private equity markets

S&P 500 loses ground amid China virus outbreak, growth fears

S&P 500 loses ground amid China virus outbreak, growth fears

The benchmark S&P 500 slipped on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF prompted investors to lock in recent gains.



6 years ago
Brazil's GOL sees 737 MAX flying by April, compensation talks ongoing

Brazil's GOL sees 737 MAX flying by April, compensation talks ongoing

Brazilian low-cost carrier GOL, which has 130 of Boeing's grounded 737 MAX jets on order, expects to be flying the jet by April and hopes to secure a compensation deal within months, chief financial officer Richard Lark said on Monday.



6 years ago
Manager and machine: The new leadership equation

Manager and machine: The new leadership equation

McKinsey & Company | By Martin Dewhurst and Paul Willmott | Sep 2014 As artificial intelligence takes hold, what will it take to be an effective executive? What would it take for algorithms to take over the C-suite? And what will be senior leaders’ most important contributions if they do? Our answers to these admittedly

6 years ago
Uber cuts losses from Eats business in India with sale to Zomato

Uber cuts losses from Eats business in India with sale to Zomato

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial.



6 years ago
Halliburton beats estimate on international demand; takes $2.2 billion charge

Halliburton beats estimate on international demand; takes $2.2 billion charge

Halliburton Co beat analysts' estimates for quarterly profit on Tuesday, as higher drilling activity in international markets helped the oilfield services provider blunt a hit from slowing North America that led to a charge of $2.2 billion.



6 years ago
Boeing plans to stage first flight of 777X plane this week: sources

Boeing plans to stage first flight of 777X plane this week: sources

Boeing plans to carry out the first test flight of its delayed 777X airplane later this week, said two people familiar with the matter on Tuesday.



6 years ago
Paul Tudor Jones says this 'crazy' stock market run reminds him a lot of 'early '99'

Paul Tudor Jones says this 'crazy' stock market run reminds him a lot of 'early '99'

"We are just again in this craziest monetary and fiscal mix in history. It's so explosive. It defies imagination," Paul Tudor Jones says.

6 years ago
Uber tests feature allowing some California drivers to set fares: WSJ

Uber tests feature allowing some California drivers to set fares: WSJ

Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday, citing a person involved in developing the feature.



6 years ago
Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: sources

Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: sources

Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, sources with knowledge of the matter said.



6 years ago
Facebook targets UK growth with 1,000 hires this year

Facebook targets UK growth with 1,000 hires this year

Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering center outside the United States after Britain leaves the European Union.



6 years ago
Japan's Aeon aims to start selling eco-certified sushi in time for Olympics

Japan's Aeon aims to start selling eco-certified sushi in time for Olympics

Japanese supermarket chain Aeon Co Ltd , Asia's biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the summer Olympics.



6 years ago
BP's CFO Brian Gilvary to retire in June, insider to move into role

BP's CFO Brian Gilvary to retire in June, insider to move into role

Oil major BP Plc said on Tuesday its finance chief Brian Gilvary will be retiring after eight years in the role, with the announcement coming just two weeks before Bernard Looney takes over as chief executive officer.



6 years ago
Oil prices fall nearly 1% as supply concerns ease

Oil prices fall nearly 1% as supply concerns ease

Oil prices fell nearly one percent on Tuesday as investors expected Libya's oil production to eventually resume following a force majeure declared by the oil exporter on two major oilfields amid a military blockade.



6 years ago
Japan's Aeon aims to serve eco-certified sushi in time for Olympics

Japan's Aeon aims to serve eco-certified sushi in time for Olympics

Japanese supermarket chain Aeon Co Ltd , Asia's biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the Tokyo Olympics.



6 years ago
Uber sells Indian Eats business to Zomato in move to cut losses

Uber sells Indian Eats business to Zomato in move to cut losses

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial.



6 years ago