Latest News on private equity markets

GM to revive Hummer name with electric pickups, SUVs: sources

GM to revive Hummer name with electric pickups, SUVs: sources

General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star Lebron James, two people briefed on the matter said on Friday.



6 years ago
U.S. employment growth slows; labor market tightening

U.S. employment growth slows; labor market tightening

U.S. job growth slowed in December after surging in the prior month, but the pace of hiring is enough to keep the longest economic expansion in history on track despite a deepening downturn in a manufacturing sector stung by trade disputes.



6 years ago
China's Geely in talks to take stake in Aston Martin

China's Geely in talks to take stake in Aston Martin

China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the luxury carmaker, according to a source close to the discussions and a report by the Financial Times, sparking a sharp jump in the British company's share price.



6 years ago
Uber to take exit ramp in Colombia after 'arbitrary' court ruling

Uber to take exit ramp in Colombia after 'arbitrary' court ruling

Uber Technologies Inc will stop operating in Colombia at the end of this month, following a court order late last year which the ride-hailing company on Friday called "arbitrary" and a violation of its right to due process.



6 years ago
Olympics: Games must connect with gamers to keep Olympics relevant - Bach

Olympics: Games must connect with gamers to keep Olympics relevant - Bach

The International Olympic Committee has to connect with hundreds of millions of gamers worldwide if the Olympic body is to remain relevant with the younger generation, IOC President Thomas Bach said on Friday.



6 years ago
Factbox: Global passenger car sales by luxury brand

Factbox: Global passenger car sales by luxury brand

Carmakers Daimler BMW Audi and Jaguar Land Rover released annual sales figures for their premium brands.



6 years ago
KABN (Gibraltar) PLC to Launch ERC 1400 Equity Token Offering

KABN (Gibraltar) PLC to Launch ERC 1400 Equity Token Offering

KABN Network | David Lucatch | Dec 9, 2019 Crowdfunding Offering supported by UK Based Tokenise and KABN Equity Token created using Polymath Token Studio Gibraltar--(Newsfile Corp. - December 9, 2019) - KABN (Gibraltar) PLC ("KABN" or the "Company") is pleased to announce that it has created its KABN Equity Token using the Polymath Token

6 years ago
Oil set for weekly drop as Mideast risk premium eases for now

Oil set for weekly drop as Mideast risk premium eases for now

Oil edged lower on Friday, set for its first weekly loss since late November, erasing the week's risk premium added since a U.S. drone strike killed a top Iranian general as investors focused on rising U.S. inventories and other signs of ample supply.



6 years ago
Alphabet's legal head David Drummond, under scrutiny, to retire

Alphabet's legal head David Drummond, under scrutiny, to retire

Google parent Alphabet Inc on Friday announced the retirement of Chief Legal Officer David Drummond, who has been under scrutiny as the board investigated the company's handling of sexual misconduct complaints.



6 years ago
Apple pushes recycling with robot, but mined metals still needed

Apple pushes recycling with robot, but mined metals still needed

Apple Inc is trying to change the way electronics are recycled with a robot that disassembles its iconic iPhone so that minerals can be recovered and reused, but rising global demand for electronics means new mines will still be needed by manufacturers.



6 years ago
Wall Street trades near record high, brushes off weak jobs data

Wall Street trades near record high, brushes off weak jobs data

U.S. stocks hovered near all-time highs on Friday, as easing Middle East tensions and gains in popular technology stocks offset concerns about slower-than-expected December jobs growth in the United States.



6 years ago
As White House plans U.S.-China Phase 1 ceremony, still no final deal text

As White House plans U.S.-China Phase 1 ceremony, still no final deal text

The Trump administration has invited at least 200 people to a Jan. 15 ceremony to witness the signing of the Phase 1 trade deal between the United States and China, but the two nations have not yet finalized what, exactly, will be signed, White House officials said on Friday.



6 years ago
Oil pares losses on fresh Mideast tensions

Oil pares losses on fresh Mideast tensions

Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new sanctions on Iran in retaliation for its missile attack on U.S. forces in Iraq this week.



6 years ago
Lebanon may lift Ghosn's travel ban if files not received within 40 days: caretaker justice minister

Lebanon may lift Ghosn's travel ban if files not received within 40 days: caretaker justice minister

Lebanon may lift a travel ban on ousted Nissan boss Carlos Ghosn if files pertaining to his case do not arrive from Japan within 40 days, caretaker justice minister Albert Serhan said in a statement on Friday.



6 years ago
Wall Streets trades near record high, brushes off weak jobs data

Wall Streets trades near record high, brushes off weak jobs data

Wall Street hovered near all-time highs on Friday, as easing Middle East tensions and technology stocks offset concerns about slower-than-expected U.S. jobs growth in December.



6 years ago