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Latest News on private equity markets

Britain's Reckitt Benckiser gives new parents more paid leave

British household goods maker Reckitt Benckiser Group Plc said on Tuesday it was extending its paid leave globally for new mothers from 16 weeks to 26 weeks, but the change will take time to implement in the United States due to regulatory issues.



5 years ago

U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax

The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm U.S. tech companies.



5 years ago

State AGs fight bonus pay for CEO of OxyContin-maker Purdue

The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.



5 years ago

Exclusive: Brazil's Odebrecht in talks to stave off Braskem sale, keep payout - sources

Creditors of Brazil's Odebrecht SA are in advanced talks to let the corruption-ensnared conglomerate keep its crown jewel asset, listed petrochemical company Braskem SA , for another two years, retreating from their prior demand for a quick sale, two sources with knowledge of the matter said.



5 years ago

Stocks drop as Trump's Latin American tariffs revive trade angst

Asian shares skidded on Tuesday after U.S. President Donald Trump stunned markets with tariffs against Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.



5 years ago

U.S. proposes 100% tariffs on French Champagne, cheese, handbags over digital tax

The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports of French Champagne, handbags, cheese and other products, after concluding that France's new digital services tax would harm U.S. tech companies.



5 years ago

States fight bonus pay for CEO of OxyContin maker Purdue

The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.



5 years ago

Oil rises for a second day as Saudi Arabia pushes supply cut

Oil prices rose for a second day on Tuesday as Saudi Arabia, the de facto OPEC leader and the world's biggest oil exporter, is pushing producers to deepen a supply cut agreement when suppliers meet this week, potentially lowering supply in 2020.



5 years ago

Stocks drop as Trump's Brazil, Argentina tariffs revive trade angst

Asian shares tumbled on Tuesday after U.S. President Donald Trump stunned markets with tariffs against imports from Brazil and Argentina, recharging fears about global trade tensions, while weak U.S. factory data added to the investor gloom.



5 years ago

Elon Musk's jury to be queried on opinions of billionaires, visitors to Thailand

Potential jurors in the defamation trial of high-tech entrepreneur Elon Musk may be excused from the case if they voice strong feelings about billionaires or people who visit Thailand.



5 years ago

U.S. says sees no reason to reduce tariffs in EU aircraft subsidy case

The U.S. Trade Representative's office on Monday said it saw no basis in Monday's World Trade Organization report that would justify reducing U.S. retaliatory tariffs by $2 billion as Europe's Airbus has suggested.



5 years ago

Huawei plans to shift research center to Canada from U.S.: Globe and Mail

Huawei Technologies Co Ltd plans to shift its research center to Canada from the United States, Ren Zhengfei, the founder of the Chinese telecoms equipment maker, said in an interview with Canada's Globe and Mail.



5 years ago

U.S. Cyber Monday sales to hit record $9.2 billion

Cyber Monday sales were on course to bring in a record $9.2 billion, according to evening estimates, building on a bumper Black Friday weekend for U.S. retailers driven by earlier-than-usual promotions and free shipping.



5 years ago

Hong Kong leader warns U.S. law will hurt business confidence, promises economic relief

Hong Kong leader Carrie Lam said on Tuesday U.S. legislation supporting protesters may damage business confidence in the financial hub, as she announced a fourth round of relief measures to boost the city's battered economy.



5 years ago

China's factory activity surprises with fastest expansion in three years: Caixin PMI

China's factory activity showed surprising signs of improvement in November, with growth picking up to a near three-year high, a private sector survey showed on Monday, reinforcing upbeat government data released over the weekend.



5 years ago