Latest News on private equity markets

Nissan says not considering dissolving alliance with Renault

Nissan says not considering dissolving alliance with Renault

Nissan Motor said on Tuesday it was "in no way" considering dissolving its alliance with France's Renault SA and Mitsubishi Motors Corp and that the alliance was the source of Nissan's competitiveness.



6 years ago
China rare earth exports rebound in December, but annual shipments lowest since 2015

China rare earth exports rebound in December, but annual shipments lowest since 2015

China's rare earth exports bounced back in December from a four-and-a-half-year low the previous month as buyers ramped up purchases ahead of the Lunar New Year holiday, though annual shipments still sank to their lowest in four years, hit by weaker global manufacturing demand.



6 years ago
China's 2019 annual crude imports set record for 17th year

China's 2019 annual crude imports set record for 17th year

China's crude oil imports in 2019 surged 9.5% from a year earlier, setting a record for a 17th straight year, as demand growth from new refineries built last year propelled purchases by the world's biggest importer, data showed on Tuesday.



6 years ago
China's December soybean imports surge on year as cargoes clear customs

China's December soybean imports surge on year as cargoes clear customs

China's soybean imports in December surged 67% from a year earlier to a 19-month-high, customs data showed on Tuesday, as a flurry of U.S. and Brazilian cargoes booked earlier cleared customs.



6 years ago
China posts strong December exports as world awaits Sino-U.S. trade deal signing

China posts strong December exports as world awaits Sino-U.S. trade deal signing

China's exports rose for the first time in five months in December and by more than expected, signaling a modest recovery in demand as Beijing and Washington agreed to defuse their prolonged trade war.



6 years ago
China December copper imports hit highest since March 2016; annual shipments fall

China December copper imports hit highest since March 2016; annual shipments fall

China's unwrought copper imports rose 9.1% in December from the previous month to their highest since March 2016, customs data showed on Tuesday, as improving industrial activity and dwindling scrap metal supply lifted demand.



6 years ago
China's 2019 iron ore imports edge up to second-highest on record

China's 2019 iron ore imports edge up to second-highest on record

China's iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fueled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year.



6 years ago
Renault, Nissan say alliance not headed for break-up

Renault, Nissan say alliance not headed for break-up

French carmaker Renault and Japanese partner Nissan Motor said their alliance was in no danger of being dissolved, denying a media report of a potential break-up that sent their shares skidding to multiyear lows.



6 years ago
Amazon to seek order to block Microsoft from working on DoD's JEDI contract

Amazon to seek order to block Microsoft from working on DoD's JEDI contract

Amazon.com Inc will ask a judge to temporarily block Microsoft Corp from working on a $10 billion cloud contract from the Pentagon, a court filing showed on Monday.



6 years ago
China to pump up U.S. car, aircraft, energy purchases in trade deal: source

China to pump up U.S. car, aircraft, energy purchases in trade deal: source

China has pledged to buy nearly an additional $80 billion of manufactured goods from the United States over the next two years, plus just over $50 billion more in energy supplies, under a trade deal with China to be signed on Wednesday, a source briefed on the agreement said on Monday.



6 years ago
Oil drops on concerns that U.S.-China trade deal may not stoke demand

Oil drops on concerns that U.S.-China trade deal may not stoke demand

Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world's biggest oil users, may not boost demand as the U.S. intends to keep tariffs on Chinese goods until a second phase.



6 years ago
Ghosn says French envoy told him Nissan was turning against him

Ghosn says French envoy told him Nissan was turning against him

Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.



6 years ago
Hyundai unveils first Genesis SUV in renewed overseas premium push

Hyundai unveils first Genesis SUV in renewed overseas premium push

South Korea's Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque's expansion in overseas markets.



6 years ago
ValueAct's Ubben cheers BlackRock's new stance on climate change

ValueAct's Ubben cheers BlackRock's new stance on climate change

Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies to tackle climate change or face his wrath.



6 years ago
Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding

Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding

Malaysia Airlines said on Wednesday it has suspended taking delivery of 25 Boeing 737 MAX jets, citing the plane's delayed return to service since it was grounded last year following two fatal crashes.



6 years ago