Latest News on private equity markets

JP Morgan announces new division to fund at least $100 billion in emerging market projects

JP Morgan announces new division to fund at least $100 billion in emerging market projects

There is a $2.5 trillion shortfall in investment to achieve the goals set by the United Nations to address climate change, health, education and food security in the developing world by 2030.

6 years ago
Airbus adds new A321 production capabilities in France to meet strong demand

Airbus adds new A321 production capabilities in France to meet strong demand

European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to cope with strong demand.



6 years ago
KFC apologizes for 'sexist' Australian ad: report

KFC apologizes for 'sexist' Australian ad: report

KFC apologized for an advertisement in Australia that shows two young boys staring at a woman's breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called "sexist", the Australian Associated Press reported.



6 years ago
BP appoints new finance chief as Looney prepares to take over

BP appoints new finance chief as Looney prepares to take over

BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.



6 years ago
China virus sends shiver through markets as risks mount

China virus sends shiver through markets as risks mount

Global shares took a beating on Tuesday, wiping out all gains made at the start of the week as mounting concerns about a new strain of coronavirus in China sent a ripple of risk aversion through markets.



6 years ago
Oil prices slide as supply concerns fade

Oil prices slide as supply concerns fade

Oil prices fell nearly 1% 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
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
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
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
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
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
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
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
Oil declines as market surplus forecast counters Libya worries

Oil declines as market surplus forecast counters Libya worries

Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya's crude output.



6 years ago
China stocks tumble on virus outbreak, but regional markets steady

China stocks tumble on virus outbreak, but regional markets steady

Asian stock markets bounced on Wednesday as China's response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism.



6 years ago