Latest News on private equity markets

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
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
Boeing seeks to borrow $10 billion or more amid 737 MAX crisis: source

Boeing seeks to borrow $10 billion or more amid 737 MAX crisis: source

Boeing Co is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its 737 MAX jetliner, a source told Reuters on Monday.



6 years ago
FT Partners Report (Jan 2020):  The Rise of Challenger Banks: Are the Apps Taking Over?

FT Partners Report (Jan 2020): The Rise of Challenger Banks: Are the Apps Taking Over?

FT Partners | Jan 2020 Executive Summary: The banking sector is experiencing a major shift globally, as Challenger Banks are becoming increasingly formidable competitors to traditional banks and have begun to capture significant market share. Furthermore, the lines between banks and other consumer financial services providers are blurring, with several alternative lenders and robo-advisors beginning

6 years ago
Huawei CFO Meng arrives in Canada court for U.S. extradition trial kick off

Huawei CFO Meng arrives in Canada court for U.S. extradition trial kick off

Huawei Chief Financial Officer Meng Wanzhou arrived in a Vancouver courtroom on Monday for the start of a trial to decide whether she can be extradited to the United States, as China repeated its call for Canada to release her.



6 years ago
Embraer studies turboprop to be developed through Boeing venture

Embraer studies turboprop to be developed through Boeing venture

Brazilian planemaker Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said on Monday.



6 years ago