Latest News on private equity markets

Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co.



6 years ago
Boeing fires CEO Muilenburg as 737 MAX crisis deepens

Boeing fires CEO Muilenburg as 737 MAX crisis deepens

Boeing Co has fired Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.



6 years ago
Bombardier's new Global business jets get U.S. FAA certification

Bombardier's new Global business jets get U.S. FAA certification

Bombardier Inc said on Monday its newest business jets, Global 5500 and 6500, received U.S. Federal Aviation Administration certification, clearing the way for the Canadian plane maker to start deliveries.



6 years ago
China denies forced labor accusations after plea found in Christmas card

China denies forced labor accusations after plea found in Christmas card

China dismissed accusations of forced labor at a Shanghai prison on Monday, a day after media reports that a message had been found in a Christmas card saying it had been packed by inmates.



6 years ago
Oil steadies near $66 as Russia touts easing OPEC+ output

Oil steadies near $66 as Russia touts easing OPEC+ output

Oil was little changed on Monday, holding near a three-month high on optimism over a nearing U.S.-China trade deal even as Russia said an OPEC-led pact may consider easing output cuts next year.



6 years ago
Last-minute financial moves to make before year end

Last-minute financial moves to make before year end

Instead of thinking of it as a resolution, use this time as an opportunity to form new, healthy money habits that will last throughout your lifetime.

6 years ago
Disruptive decade: Ten things the teen years brought world markets

Disruptive decade: Ten things the teen years brought world markets

The 21st century's teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and investment models in the past decade:



6 years ago
S&P 500 notches another record high as Trump fuels trade optimism

S&P 500 notches another record high as Trump fuels trade optimism

The S&P 500 opened at another record high on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed "very shortly", while Boeing rose 3% after it fired Chief Executive Dennis Muilenburg.



6 years ago
Boeing CEO ousted as 737 MAX crisis deepens

Boeing CEO ousted as 737 MAX crisis deepens

Boeing Co has ousted Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.



6 years ago
Oil prices steady as Russia touts easing OPEC+ output

Oil prices steady as Russia touts easing OPEC+ output

Oil was little changed on Monday, holding near a three-month high on optimism over a nearing U.S.-China trade deal even as Russia said an OPEC-led pact may consider easing output cuts next year.



6 years ago
Court rejects Ryanair's bid to delay operations chief's easyJet move

Court rejects Ryanair's bid to delay operations chief's easyJet move

The Irish High Court on Monday rejected Ryanair's attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.



6 years ago
Roche dives deeper into gene therapy with $1.15 billion Sarepta licensing deal

Roche dives deeper into gene therapy with $1.15 billion Sarepta licensing deal

Roche Holding AG made its second major gene therapy deal in a year on Monday, spending $1.15 billion to obtain the rights to Sarepta Therapeutics Inc's investigational drug to treat duchenne muscular dystrophy (DMD) outside the United States.



6 years ago
Irish court rules Ryanair COO can move to rival easyJet

Irish court rules Ryanair COO can move to rival easyJet

The Irish High Court on Monday rejected Ryanair's attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.



6 years ago
Bank of Italy chief defends regulator's role in Bari bank crisis

Bank of Italy chief defends regulator's role in Bari bank crisis

The head of Italy's central bank rebuffed criticism of its role in supervising struggling lender Banca Popolare di Bari and said in an interview published on Monday that it was ready to account for its actions.



6 years ago
Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory - sources

Exclusive: Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory - sources

U.S. electric vehicle maker Tesla Inc and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker's Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan.



6 years ago