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Latest News on private equity markets

Connected car prices may rise if Qualcomm wins antitrust case: auto makers

The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc's patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said in court filings on Friday.



5 years ago

Buffett's Berkshire outbid for Tech Data: CNBC

Billionaire investor Warren Buffett was thwarted in trying to spend some of the $128.2 billion of cash at his Berkshire Hathaway Inc, after a private equity firm outbid him to buy technology equipment distributor Tech Data Corp for $5.14 billion, CNBC said on Friday.



5 years ago

Apple 'taking a deeper look' at map policies after calling Crimea part of Russia

Apple Inc is "taking a deeper look at how we handle disputed borders" after it referred to the Russian-annexed Crimean Peninsula as part of Russia in its Maps and Weather apps for Russian users, a company spokeswoman told Reuters on Friday.



5 years ago

China November factory activity unexpectedly returns to growth

Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing's accelerated stimulus measures to steady growth.



5 years ago

China's factory activity unexpectedly returns to growth in November

Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing's accelerated stimulus measures to steady growth.



5 years ago

Mega Millions jackpot climbs to $266 million after two months with no winner

While the odds are stacked against players matching all six numbers, the IRS always gets its piece of the jackpot.

5 years ago

Canada's TMX Group says it is looking into past conduct of CEO

TMX Group is looking into allegations about the past conduct of its chief executive officer, Lou Eccleston, the operator of the Toronto Stock Exchange said in a statement.



5 years ago

Oil drops after U.S. inventory build, new output record

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.



5 years ago

Exclusive: Facing U.S. sanctions, Venezuela offers suppliers payment in Chinese yuan - sources

Venezuela's government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency, five people familiar with the matter said.



5 years ago

Asian shares sink as Hong Kong tensions spoil festive mood

Asian share markets fell on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economic data.



5 years ago

Scandal-hit Westpac to refund some buyers of new shares

Australia's Westpac Banking Corp offered to refund people who bought new shares weeks before a lawsuit accusing it of millions of breaches of money laundering laws, a move some investors said was to fend off criticism about its transparency.



5 years ago

China's major shareholders sell A-shares, pressuring markets

Business owners and major shareholders are selling down their stakes in listed companies, producing a glut of shares in a market already under pressure from a slowing economy and the impact of the Sino-U.S. trade dispute.



5 years ago

Drugmakers slash prices in China to get on reimbursement list

Drugmakers including Roche and Novartis' have agreed to cut the prices of some of their newest drugs by an average of 61% in China in order to get on a national reimbursement scheme list, regulators said.



5 years ago

After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

The Indian government's win of a long-contested dispute over telecom fees could end up a Pyrrhic victory, as the billions of dollars in levies now owed are seen as burdens too big to bear for two of the country's three main carriers.



5 years ago

Factbox: India's telecom sector on the ropes after $13 billion levy ruling

India's telecoms sector has been rocked by a Supreme Court ruling last month that sided with the government in a dispute over how levies are calculated, saddling the industry with a combined $13 billion in fresh debt.



5 years ago