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Latest News on private equity markets

Stocks in tentative rebound after Trump's trade war scare

European stocks opened higher on Wednesday, recovering some of the losses made in the previous session when U.S. President Donald Trump surprised world markets by saying a trade deal with China could wait until after the 2020 presidential election.



5 years ago

Hadi Zablit promoted to general secretary of Renault, Nissan alliance

Renault SA , Nissan Motor Co and Mitsubishi Motors on Wednesday said they had promoted Hadi Zablit to general secretary of their automaking alliance to accelerate business efficiencies across the companies.



5 years ago

Modest Orange dividend overshadows European mobile mast plans

Orange said it planned to carve out its mobile towers in most European countries to shore up the group's value, but the move was overshadowed by the French telecom firm's modest dividend outlook, sending its shares lower.



5 years ago

OPEC gearing up for deeper oil cuts, Russia yet to agree

OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year.



5 years ago

Tesla Model X gets 5-star rating from European safety agency

Tesla Inc said on Wednesday its Model X SUV has been awarded a five-star rating by the European New Car Assessment Programme (NCAP) in tests that are standards for Europe.



5 years ago

Orange CEO says EU authorities are open to pan-European telecoms mergers

The European Union's top antitrust policymaker, Margrethe Vestager, is open to the idea of pan-European mergers in the telecoms market, Orange's boss Stéphane Richard said on Wednesday.



5 years ago

Oil rises 1% before OPEC meeting to discuss output pact

Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices.



5 years ago

South Africa's Grand Parade loses appetite for Burger King

Grand Parade Investments (GPI) Ltd , which holds the Burger King franchise in South Africa, said on Wednesday it was in talks to sell a stake in the business, without giving a reason.



5 years ago

Amazon Air provider hit with 'no confidence' vote as holiday shipping ramps up

ABX Air pilots who fly for Amazon.com Inc and other clients cast a near-unanimous vote of "no confidence" against company management as the holiday shipping season, which depends on airplanes for fast delivery, takes off.



5 years ago

Elon Musk due back on witness stand in defamation trial stemming from tweets

Tesla Chief Executive Elon Musk was due to resume testifying in his own defense on Wednesday at the trial for a defamation lawsuit filed by a British diver whom the Silicon Valley billionaire called "pedo guy" on Twitter.



5 years ago

Futures jump on report of U.S., China nearing phase-one trade deal

U.S. stock index futures shot up on Wednesday, putting Wall Street's main indexes on course to snap a three-day losing streak, following a report that the United States and China were moving closer to signing a 'phase-one' trade deal.



5 years ago

Stock markets are changing: Investors, companies and regulators must be prepared

OECD | Mats Isaksson | Nov 27, 2019 27/11/2019 - Asia is rapidly growing into the world’s largest stock market. In 2018, 51% of all equity capital raised through initial public offerings (IPOs) went to Asian companies. Today more than half of the world’s listed companies are from Asia. This development is reshaping global stock

5 years ago

Sole CEO means simpler business for Alphabet: analysts

Alphabet's change of leadership should simplify the company's unorthodox management structure under new boss Sundar Pichai without creating unwanted turbulence in strategy at one of Silicon Valley's biggest names, Wall Street analysts said on Wednesday.



5 years ago

Oil up nearly 2% ahead of OPEC output talks

Oil gained on Wednesday ahead of an expected extension to production curbs by OPEC and its allies, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles.



5 years ago

Cowen names Target a 'best idea' for 2020, says digital business overcoming Amazon threat

Target's digital sales have growth at least 30% for six straight quarters, Cowen noted.

5 years ago