Latest News on private equity markets

Oil gains after U.S.-China trade deal, fall in inventories

Oil gains after U.S.-China trade deal, fall in inventories

Oil prices rose on Thursday buoyed by the long-anticipated signing of an initial Sino-U.S. trade deal that sets the stage for a jump in Chinese purchases of American energy products, while U.S. crude inventories fell more than expected.



6 years ago
New Tesla registrations in California nearly halve in fourth quarter: data

New Tesla registrations in California nearly halve in fourth quarter: data

Tesla Inc's overall vehicle registrations nearly halved in the U.S. state of California during the fourth quarter, according to a Dominion Cross-Sell report, which collates data from state motor vehicle records.



6 years ago
European firms get 'crumbs' from China's Belt and Road: business group

European firms get 'crumbs' from China's Belt and Road: business group

China's Belt and Road investment scheme, which aims to connect Europe with Asia, is sidelining European companies and Brussels should review its competition law to level the playing field, a business lobby group said on Thursday.



6 years ago
Renault, Nissan share 'real desire' to make alliance work: chairman

Renault, Nissan share 'real desire' to make alliance work: chairman

Renault Chairman Jean-Dominique Senard said on Thursday there was a "real desire" at the helm of the carmaker's alliance with Nissan to make it a success, dismissing suggestions the two decade partnership might be on the rocks.



6 years ago
Renault chairman says 'no stress' to appoint new CEO

Renault chairman says 'no stress' to appoint new CEO

Renault chairman Jean-Dominique Senard said on Thursday there was "no stress" to appoint a new chief executive at the helm of the French carmaker, adding current interim arrangements were working well.



6 years ago
Renault-Nissan alliance operating board to meet by the end of January: Senard

Renault-Nissan alliance operating board to meet by the end of January: Senard

Renault chairman Jean-Dominique Senard said on Thursday the operating board of the Renault-Nissan alliance would meet by the end of January to decide on joint industrial initiatives.



6 years ago
China's Liu: China will push forward capital account opening, yuan internationalization - state media

China's Liu: China will push forward capital account opening, yuan internationalization - state media

Chinese Vice Premier Liu He said China will steadily push forward capital account opening and yuan internationalization, under the premise of focusing on preventing risks, state media People's Daily reported on Thursday.



6 years ago
Carlos Ghosn's Japanese lawyers quit after former Nissan chief absconds

Carlos Ghosn's Japanese lawyers quit after former Nissan chief absconds

Japanese attorneys representing Carlos Ghosn, including lead lawyer Junichiro Hironaka, quit on Thursday following the former Nissan chief's flight to Lebanon from Japan, where he had been fighting financial misconduct charges.



6 years ago
Chinese financial institutions can cope with foreign competition: central bank

Chinese financial institutions can cope with foreign competition: central bank

Chinese financial institutions are completely capable of coping with foreign competition as the $40 trillion financial sector is freed up, the central bank said on Thursday, after China and the United States signed a initial deal on trade.



6 years ago
Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd

Korea's Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday.



6 years ago
Trade deal touts financial sector wins; China to scrap securities business cap faster

Trade deal touts financial sector wins; China to scrap securities business cap faster

The long-awaited U.S.-China trade deal touted new wins for U.S. companies looking to access China's $40 trillion financial sector, but many of the changes were already in the works with Beijing stepping up the pace of opening up in the past year.



6 years ago
China, U.S. sign initial trade pact but doubts and tariffs linger

China, U.S. sign initial trade pact but doubts and tariffs linger

China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world's two largest economies, defusing an 18-month row that has hit global growth.



6 years ago
Tesla says plans to open China design and research center

Tesla says plans to open China design and research center

U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account.



6 years ago
UnitedHealth bets on government health plan growth in 2020

UnitedHealth bets on government health plan growth in 2020

UnitedHealth Group Inc , the largest U.S. health insurer, reported a better-than-expected fourth-quarter profit on Wednesday, and said it expects strong sales of its government health plans this year.



6 years ago
Japan's Rakuten, Walmart's Seiyu to open logistics site as online sales jump

Japan's Rakuten, Walmart's Seiyu to open logistics site as online sales jump

Japanese online retailer Rakuten and Walmart's Seiyu said they plan to open a new logistics site in Yokohama later this year to deal with growing sales from their joint online supermarket business.



6 years ago