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Latest News on private equity markets

Exclusive: KKR taps CK Infrastructure, buyout groups for Goodpack sale - sources

KKR & Co. has tapped Hong Kong's CK Infrastructure Holdings Ltd and buyout groups including Blackstone and Sweden's EQT AB to gauge buying interest for Singapore-based Goodpack, an intermediate bulk container maker, multiple sources with knowledge of the matter said.



4 years ago

Asian shares mixed as doubts grow on elusive U.S.-China trade deal

Asian share markets were mixed on Tuesday, as another day awaiting clearer news on the progress of U.S.-China trade negotiations left investors bereft of trading motivation.



4 years ago

Australia CBA insurance arm pleads guilty to cold-calling offences

The life insurance arm of Commonwealth Bank of Australia pleaded guilty to 87 counts of breaching a law banning sales staff from making unsolicited calls to sell financial products, the country's corporate regulator said on Tuesday.



4 years ago

Kuwait's Jazeera unhappy with Airbus delays, no plans for aircraft order this week

Kuwait's Jazeera Airways is unhappy with delivery delays of Airbus aircraft and has no plans to place an order at this week's Dubai Airshow, its chief executive said.



4 years ago

UBS Chief Ermotti wants to stay until 2021: report

UBS's Sergio Ermotti wants to remain as chief executive of Switzerland's biggest bank until 2021, Swiss website Finews reported on Monday, citing unnamed sources.



4 years ago

ArcelorMittal willing to re-commit to Ilva steel plant on three conditions: paper

ArcelorMittal is drafting a plan to re-commit to the 2018 deal, under which it bought the troubled Ilva steel plant in southern Italy, on three conditions, Il Messaggero daily reported on Monday.



4 years ago

Emirates close to finalizing part of wide-body jet order with Airbus: sources

Dubai state-owned airline Emirates [EMIRA.UL] was close to a deal on Monday to finalize at least part of a provisional order for 70 wide-body aircraft from Europe's Airbus , industry sources said.



4 years ago

Nissan recalls nearly 400,000 vehicles over braking system defect

(This November 16 story has been refiled to correct the number in the headline)



4 years ago

Etihad Airways still has long way to go to become profitable: Group CEO

Abu Dhabi-based Etihad Airways still has a long way to go to become profitable, Group CEO Tony Douglas said on Monday.



4 years ago

Shares grind towards record high as China trims key rate

World shares were close to a record high on Monday, after Beijing surprised markets by trimming a key interest rate for the first time since 2015.



4 years ago

ByteDance CEO urges TikTok diversification as U.S. pressure mounts: internal note

The founder and CEO of TikTok owner ByteDance will focus on adding users of the popular video app in countries outside of its strongest markets, according to an internal staff note seen by Reuters, as it faces political pressure in the United States.



4 years ago

Replacing Pratt engines in IndiGo fleet by end of January a challenge: CEO

Replacing all Pratt & Whitney engines on IndiGo's fleet of almost 100 Airbus planes by Jan. 31, as ordered by India's aviation watchdog, will be challenging but the airline aims to complete the work, its chief executive officer said on Monday.



4 years ago

Volkswagen cuts medium-term outlook for operating profit, sales

German carmaker Volkswagen on Monday cut its medium-term outlook for operating profit as the industry is being hit by a global downturn.



4 years ago

Emirates says it ordered 50 Airbus A350 in a deal worth $16 billion

Emirates said on Monday it had placed a firm order for 50 Airbus A350 jets worth $16 billion at list prices.



4 years ago

Emirates announces $16 billion order for 50 Airbus A350 planes

Dubai state-owned airline Emirates said on Monday it had placed a firm order for 50 Airbus A350 jets worth $16 billion at list prices.



4 years ago