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Latest News on private equity markets

California fire threatens PG&E's plan to raise $14 billion

A wildfire raging in California threatens to destroy more than homes and businesses - it could also undermine bankrupt PG&E Corp's plan to raise $14 billion to finance the crisis-stricken utility's turnaround plan.



4 years ago

Bayer says U.S. farmers unfazed by glyphosate litigation

Bayer , the world's largest maker of seeds and pesticides, said U.S. farmers were unperturbed by lawsuits seeking damages from Bayer for an alleged cancer-causing effect of glyphosate-based herbicides.



4 years ago

Whirlpool drops plan to shut plant in southern Italy

U.S.-listed white goods maker Whirlpool Corp has dropped plans to shut down a production site in the southern Italian city of Naples after two weeks of workers' protests, the company said on Wednesday.



4 years ago

GE raises cash forecast, beats on adjusted EPS, lifting shares

General Electric Co on Wednesday posted a $1.3 billion loss in the third quarter, but on an adjusted basis beat analysts' profit estimates, helped by higher prices for aircraft parts and a strong healthcare business, and vowed to deliver $1 billion more cash this year than it had previously forecast.



4 years ago

In U.S.-China talks, Beijing's refusal to order farm buys becomes pain point

U.S. President Donald Trump's demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.



4 years ago

Bayer says U.S. glyphosate plaintiffs more than double since July

Germany's Bayer is now facing 42,700 U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer, more than twice the tally in July and potentially raising any future settlement.



4 years ago

BP says no decision yet on 2019 dividend hike

BP has yet to decide whether to boost its dividend by the end of the year, it said on Wednesday, after its shares fell sharply on the previous day on fears it would defer a decision to 2020.



4 years ago

U.S. economy slows marginally in the third quarter

U.S. economic growth slowed less than expected in the third quarter as declining business investment was offset by resilient consumer spending and a rebound in exports, which could further allay financial market fears of a recession.



4 years ago

U.S. private sector job growth picks up in October: ADP

U.S. private employers added 125,000 jobs in October, slightly above economists' expectations, a report by a payrolls processor showed on Wednesday.



4 years ago

Fiat Chrysler and Peugeot in talks over potential $50 billion tie-up

Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with one source saying a deal could be announced as early as Thursday.



4 years ago

Italian trade union fears FCA-Peugeot tie-up could hit Italian plants

Italian trade union FIOM said on Wednesday it feared a possible tie-up between Fiat Chrysler and Peugeot owner PSA could hurt Italian factories.



4 years ago

Timeline: Fiat Chrysler and Peugeot merger talks mark next round of consolidation

FiatChrysler and France's Peugeot said they are in talks about a potential tie-up, the latest bout of auto industry consolidation as the costs of developing zero-emissions vehicles rises amid slowing global demand.



4 years ago

Fed Chair Powell is 'overdue for a press conference gaffe,' says Wells Fargo

On the eve of the Fed's announcement, some on Wall Street started to get flashbacks to Chair Jerome Powell's communication miscues.

4 years ago

With Disney, Apple about to enter, the streaming wars are just beginning

Apple Inc's Apple TV+ and Walt Disney Co's Disney+ will launch competitors to streaming video pioneer Netflix Inc in November. Several others already have hit the market or will debut in the coming months.



4 years ago

Explainer: What is driving Fiat Chrysler and Peugeot merger talks?

Fiat Chrysler and Peugeot owner PSA are in talks to combine and create a $50 billion giant better placed to tackle a host of costly technological and regulatory challenges facing the auto industry.



4 years ago