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Latest News on private equity markets

Here's how the new retirement legislation could fall short

The Secure Act, signed into law days ago by President Trump, aims at boosting access to workplace retirement plans such as 401(k) plans, yet may fall short of expectations.

5 years ago

BMW says being investigated by U.S. SEC

German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission following a report of a probe related to the company's sales practices.



5 years ago

Spirit Airlines to buy 100 Airbus A320neo family aircraft

U.S. budget carrier Spirit Airlines Inc said on Monday it will buy 100 Airbus A320neo-family jets to be delivered through 2027, with options to purchase up to 50 additional aircraft.



5 years ago

Oil prices inch higher amid support for supply cuts, lower inventory forecast

Oil prices edged higher on Tuesday after Russia's energy minister, Alexander Novak, said cooperation with OPEC on supporting the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.



5 years ago

New Boeing boss David Calhoun is a tough-minded veteran of crisis

Beleaguered Boeing Co is putting its future in an industrial veteran who has led several companies in crisis, began his career at engine maker General Electric Co and has already spent a decade on the board of the world's largest planemaker.



5 years ago

Asia stocks drift lower as holiday lull counters trade cheer

Asian shares and U.S. stock futures darted in and out of losses on Tuesday, as the holiday lull offset optimism that a U.S.-China trade deal will boost exports and corporate earnings.



5 years ago

ByteDance has no sale plans for TikTok, media report untrue - internal note

Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform's head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns.



5 years ago

BlackRock, Temasek to take majority stake in wealth management JV with CCB: sources

U.S. asset manager BlackRock Inc, Singapore state investor Temasek Holdings (Pte) Ltd and China Construction Bank Corp (CCB) have agreed to set up a wealth management joint venture in China, said people with direct knowledge of the matter.



5 years ago

Bank of Italy ready to account for Popolare di Bari supervision: Visco to press

Bank of Italy has "positively" accomplished its supervision duties and it is ready to account for its action on failing lender Banca Popolare di Bari, Governor Ignazio Visco told Corriere della Sera daily in an interview published on Monday.



5 years ago

Roche enters $1.15 billion licensing deal for Sarepta gene therapy

Roche entered into a $1.15 billion licensing agreement with Sarepta Therapeutics to obtain the right to launch and commercialize Sarepta's investigational gene therapy for Duchenne muscular dystrophy (DMD) outside the United States.



5 years ago

After Ethiopia crash, victims' relatives say they were hounded by U.S. law firms

Days after the March 10 crash of a Kenya-bound Ethiopian Airlines’ Boeing jet that killed all 157 people on board, strangers began calling or visiting bereaved families, saying they represented U.S. law firms.



5 years ago

Asian shares near 18-month high, bask in trade deal afterglow

Asian markets idled near 18-month highs on Monday as trading volumes weakened ahead of the Christmas holiday break, with investors taking profit on gains made earlier this month.



5 years ago

Oil eases but supported by trade deal hopes

Oil prices fell on Monday, but were holding near recent three-month highs amid expectations that the United States and China will soon agree on a trade deal, with President Donald Trump saying an agreement would be signed "very shortly".



5 years ago

Credit Suisse blames former COO for covering up second spying case

Credit Suisse on Monday cleared CEO Tidjane Thiam and other top executives from knowledge of a second spying incident, saying former Chief Operating Officer Pierre-Olivier Bouee had the Swiss bank's then-head of human resources followed in February and covered it up.



5 years ago

Oil group Total to pay $100 million bonus as part of Apache Suriname deal

French oil company Total said on Monday that it would pay a bonus of $100 million as part of its previously announced deal with U.S. peer Apache to develop an offshore block off Suriname.



5 years ago