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Latest News on private equity markets

Left's Citron hedge fund posts 43% gain in first year

Andrew Left, who has long targeted companies that he thinks are over-valued through his work at Citron Research, told investors on Monday that his new hedge fund returned 43% after fees in 2019, its first year in business.



5 years ago

Boeing will reassign 3,000 workers as airlines reach compensation deals over MAX

Boeing Co said Monday that it will reassign 3,000 workers to other jobs as it halts production of the grounded best-selling 737 MAX jet in mid-January.



5 years ago

Impossible Foods to trial plant-based sausage patty with Burger King

Impossible Foods Inc on Monday launched a plant-based sausage patty that will be tested in 139 Burger King restaurants later this month, entering a category dominated by rival Beyond Meat .



5 years ago

Asia stocks bounce, oil slips as Iran anxiety ebbs

Asian shares rebounded on Tuesday as a day passed without any new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed.



5 years ago

GM delivered 3.09 million vehicles in China in 2019, down 15% year-on-year

General Motors Co's vehicle sales in China fell 15% in 2019, as the U.S. automaker suffered a prolonged sales slowdown in the world's biggest auto market and faced heightened competition in its key mid-priced SUV segment.



5 years ago

Oil dips as markets await Iran response to U.S. killing of military commander

Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran's response to the killing of its top military commander by the United States.



5 years ago

Nissan says it will continue to pursue legal action against Ghosn

Nissan Motor said on Tuesday that ousted former Chairman Carlos Ghosn's flight from Japan would not affect its policy of holding him responsible for "serious misconduct."



5 years ago

Uber partners with Hyundai on electric air taxi

U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion.



5 years ago

Japan transport minister orders security checks for large luggage at airports

Transport Minister Kazuyoshi Akaba said on Tuesday that inspections of large baggage were now mandatory at private jet facilities at Japan's major airports, following the stunning escape of ex-Nissan boss Carlos Ghosn from the country.



5 years ago

Japan says it is in contact with Lebanon over Carlos Ghosn's flight

Japan is in touch with Lebanon, and other relevant nations, over the departure of former Nissan Motor Co boss Carlos Ghosn, the top government spokesman said on Tuesday.



5 years ago

Oil drops more than 1% as investors recalibrate risk in Mideast

Oil prices fell more than 1% on Tuesday as investors reconsidered the likelihood of Middle East supply disruptions in the wake of the United States killing a top Iranian military commander.



5 years ago

GM's 2019 China sales drop for second year on weak economy

General Motors Co's vehicle sales in China fell for a second year as overall auto sales declined amid a slowing economy and because of competition in the key mid-priced sport utility vehicle (SUV) segment.



5 years ago

Japan orders tighter immigration procedures after Ghosn flees country

Japan ordered stricter immigration procedures on Sunday in response to the daring escape of ousted Nissan Motor Co boss Carlos Ghosn, the first official response to an episode that has rocked the nation's legal system.



5 years ago

Gulf markets plunge on U.S.-Iran tensions, Aramco hits lowest since IPO

Gulf stocks fell sharply in late afternoon trade on Sunday, with Kuwaiti and Saudi stocks leading losses.



5 years ago

Saudi Aramco shares hit lowest since IPO, down 1.7%

Shares of Saudi Aramco were down 1.7% in late afternoon trade on Sunday, hitting 34.55 riyals ($9.21) per share, its lowest level since it started trading last month after a record initial public offering (IPO).



5 years ago