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Latest News on private equity markets

U.S. judge partially overturns conviction of opioid maker Insys' founder

A federal judge on Tuesday partially overturned the conviction of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



5 years ago

Factbox: The world's biggest electric vehicle battery makers

Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers.



5 years ago

HP Inc beats profit estimates on higher PC sales

HP Inc on Tuesday posted quarterly earnings above analysts' estimates as higher sales of personal computers and workstations helped counter weakness in its printer business.



5 years ago

Musk won't settle 'pedo guy' defamation lawsuit, lawyer says

An attorney for Elon Musk, the billionaire CEO of electric car maker Tesla , said on Tuesday that his client had no intention of settling a defamation suit brought by a British cave explorer before the case goes to trial on Dec. 3. Vernon Unsworth is suing Musk for calling him a "pedo guy" in one of a series of tweets. Musk posted the tweets after Unsworth accused Musk in a CNN interview of grandstanding by offering to help Unsworth's diving team rescue 12 b



5 years ago

U.S. prosecutors open criminal probe of opioid makers, distributors

Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to regulatory filings.



5 years ago

Australia's Westpac cut from home-loan scheme as scandal fallout spreads: The Australian

Australia's Westpac Banking Corp lost a bid to supply loans to a government home-deposit assistance scheme in a blow to its main income generator as it battles a money-laundering scandal, The Australian newspaper reported on Wednesday.



5 years ago

U.S., Canadian and Mexican representatives to meet on Wednesday: Politico

U.S., Canadian and Mexican representatives are set to meet in Washington on Wednesday to discuss the trade deal to replace the North American Free Trade Agreement, Politico reported on Tuesday, citing people familiar with the plans.



5 years ago

Dell cuts full-year revenue forecast on PC chip shortage

Dell Technologies Inc cut its full-year revenue forecast on Tuesday as its PC business grapples with a shortage of chips from Intel Corp , sending its shares down nearly 5% in extended trading.



5 years ago

U.S. judge partly vacates convictions of opioid maker Insys' founder, execs

A federal judge on Tuesday partially overturned the convictions of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



5 years ago

Asian shares climb on prospects of trade progress, low rates

Asian shares ticked higher on Wednesday as more upbeat signals from Sino-U.S. trade talks fanned hopes of an imminent end to tariff hostilities, which helped offset concerns about a slowing U.S. economy.



5 years ago

Manchester City owner to sell $500 million stake valuing itself at $4.8 billion: FT

The owner of English Premier League champions Manchester City is selling a $500 million stake to private equity firm Silver Lake, valuing the soccer club's owner at $4.8 billion, the Financial Times reported on Wednesday, citing people with knowledge of the deal.



5 years ago

Pressure mounts on Australia's Westpac board over money-laundering scandal

Australia's Westpac Banking Corp came under mounting pressure on Wednesday to refresh it board after a money-laundering scandal claimed its chief executive and chairman.



5 years ago

Judge partly vacates convictions of opioid maker Insys' founder, executives

A federal judge on Tuesday partially overturned the convictions of Insys Therapeutics Inc's founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury's verdict.



5 years ago

Oil dips after U.S. stock build; U.S.-China deal hopes support

Oil fell on Wednesday after an industry report showed an unexpected build in U.S. crude inventories, but optimism around the signing of the first phase of a U.S.-China trade deal capped a deeper slide in prices.



5 years ago

Asian shares climb on Trump trade deal comments

Asian shares rose on Wednesday as upbeat signals from Sino-U.S. trade talks fanned hopes of an easing of tariff hostilities, while expectations the Federal Reserve will keep interest rates low supported sentiment.



5 years ago