Latest News on private equity markets

Aston Martin opens new factory to build key first SUV

Aston Martin opens new factory to build key first SUV

Aston Martin opened a new factory in Wales on Friday which will build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling.



6 years ago
Look out Chick-fil-A and Popeyes, McDonald's new chicken sandwich is 'really good,' analyst says

Look out Chick-fil-A and Popeyes, McDonald's new chicken sandwich is 'really good,' analyst says

McDonald's is expected to launch a chicken sandwich in the beginning of next year and Telsey Advisory Group said its going to be a big hit.

6 years ago
Aston Martin CEO says shareholders in it for the long-term, not soliciting participation

Aston Martin CEO says shareholders in it for the long-term, not soliciting participation

Aston Martin's two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm's boss said on Friday after a media report said Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake.



6 years ago
U.S. nonfarm payrolls increase by the most in 10 months

U.S. nonfarm payrolls increase by the most in 10 months

U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.



6 years ago
Exclusive: China's SenseTime expects $750 million 2019 revenue despite U.S. ban: sources

Exclusive: China's SenseTime expects $750 million 2019 revenue despite U.S. ban: sources

Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.



6 years ago
Futures jump after stronger-than-expected November jobs data

Futures jump after stronger-than-expected November jobs data

U.S. stock index futures jumped on Friday, after data showed domestic job growth rose by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were "moving right along".



6 years ago
As United Airlines seals CEO succession plan, eyes turn to American

As United Airlines seals CEO succession plan, eyes turn to American

With United Airlines Holdings Inc unveiling on Thursday plans for industry veteran Scott Kirby to take the helm as chief executive officer next year, investors are turning to succession plans at another carrier: American Airlines Group Inc .



6 years ago
OPEC+ agrees to 500,000 bpd additional cut, to meet in March: sources

OPEC+ agrees to 500,000 bpd additional cut, to meet in March: sources

OPEC and allied oil producers, the so-called OPEC+, have agreed to deepen their output cuts by 500,000 barrels per day, sources said on Friday.



6 years ago
Futures inch up after Trump comments; November jobs data eyed

Futures inch up after Trump comments; November jobs data eyed

U.S. stock index futures edged higher on Friday as comments from President Donald Trump that trade talks with China were "moving right along" helped set a calmer tone ahead of the Labor Department's much anticipated monthly jobs report.



6 years ago
Saudi, Russia win over oil producers to deeper cuts

Saudi, Russia win over oil producers to deeper cuts

By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin



6 years ago
Saudi Aramco shares to start trading December 11: Tadawul exchange

Saudi Aramco shares to start trading December 11: Tadawul exchange

Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said on Twitter on Friday.



6 years ago
Jurors expected to begin deliberating in Elon Musk defamation trial

Jurors expected to begin deliberating in Elon Musk defamation trial

Jurors were expected to begin deliberating in Los Angeles on Friday in the lawsuit brought against Elon Musk by a British cave explorer who says the Tesla founder defamed him with tweets suggesting he is a pedophile.



6 years ago
China-built Tesla cars secure new energy vehicle subsidies

China-built Tesla cars secure new energy vehicle subsidies

Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market.



6 years ago
Exclusive: China's Dongfeng plans partial sale of PSA stake - sources

Exclusive: China's Dongfeng plans partial sale of PSA stake - sources

China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler .



6 years ago
H&M's brand COS to test clothing rentals in China with YCloset

H&M's brand COS to test clothing rentals in China with YCloset

H&M , the world's second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in the country as environmentally conscious consumers rein in purchases.



6 years ago