Latest News on private equity markets

Elon Musk arrives at Los Angeles courthouse in defamation trial over 'pedo guy' tweet

Elon Musk arrives at Los Angeles courthouse in defamation trial over 'pedo guy' tweet

Billionaire Tesla Inc boss Elon Musk went on trial on Tuesday in a defamation lawsuit brought by a British man who accuses Musk of falsely branding him a pedophile in a Twitter message last year.



6 years ago
Xiaomi, Oppo to use Qualcomm's newest mobile phone chips

Xiaomi, Oppo to use Qualcomm's newest mobile phone chips

Two fast-growing Chinese phone brands said on Tuesday that they will adopt Qualcomm Inc's newest 5G chip in their flagship devices early next year.



6 years ago
France's Safran and Germany's MTU to work on new fighter engine

France's Safran and Germany's MTU to work on new fighter engine

France's Safran and MTU Aero Engines of Germany have agreed to develop together a jet engine for a Franco-German fighter, removing a key obstacle to one of Europe's flagship defence projects.



6 years ago
How these multimillionaires are avoiding a 40% tax hit

How these multimillionaires are avoiding a 40% tax hit

If you're trying to avoid the 40% gift and estate tax, it might make sense to think about giving some of those assets away. What you need to know.

6 years ago
Amazon designs more powerful data center chip

Amazon designs more powerful data center chip

Amazon.com Inc said on Tuesday it had designed a more powerful data center processor chip, as it looks to pose a serious challenge to the domination of market leaders Intel Corp and Advanced Micro Devices Inc .



6 years ago
Amazon partners with Verizon on 5G in cloud computing expansion

Amazon partners with Verizon on 5G in cloud computing expansion

Amazon.com Inc on Tuesday said it was extending its cloud to 5G networks in partnership with Verizon Communications Inc, so developers can run latency-sensitive programs on mobile and connected devices.



6 years ago
Wall Street falls for third straight day as trade hopes dim

Wall Street falls for third straight day as trade hopes dim

Wall Street set course for its third consecutive sell-off on Tuesday as investor optimism over a potential near-term respite from the U.S.-China trade war evaporated following commentary from President Donald Trump and Commerce Secretary Wilbur Ross.



6 years ago
Elon Musk on trial in U.S. for defamation over 'pedo guy' tweet

Elon Musk on trial in U.S. for defamation over 'pedo guy' tweet

Tesla Inc boss Elon Musk went on trial on Tuesday for alleged defamation in appearing to describe a British diver who helped rescue a group of boys from a flooded Thailand cave as a pedophile on Twitter.



6 years ago
OPEC, Russia debate deeper oil cuts as new glut looms

OPEC, Russia debate deeper oil cuts as new glut looms

Russia expects a constructive meeting with OPEC producers this week, its energy minister said on Tuesday, as OPEC leader Saudi Arabia presses members and allies such as Russia to deepen output cuts to avoid a new glut next year.



6 years ago
Barry Callebaut cites progress in helping cocoa farmers tackle child labour

Barry Callebaut cites progress in helping cocoa farmers tackle child labour

Swiss cocoa products maker Barry Callebaut said on Tuesday that 26% of the farmer groups from which it sourced products in 2018/2019 had programmes to prevent child labour,



6 years ago
Wall St. tumbles as Trump dents hopes of trade deal this year

Wall St. tumbles as Trump dents hopes of trade deal this year

Wall Street's main indexes hovered near one-month lows on Tuesday, as comments from President Donald Trump and Commerce Secretary Wilbur Ross stoked fears of a significant delay in resolving a trade dispute with China.



6 years ago
Safran CEO cautious on supply chain once Boeing grounding lifted

Safran CEO cautious on supply chain once Boeing grounding lifted

The head of French jet engine maker Safran has voiced caution over the ability of aerospace supply chains to ramp up quickly after the return to service of the Boeing 737 MAX, which has been grounded for months following two fatal accidents.



6 years ago
French Champagne makers fear impact of potential new U.S. duties

French Champagne makers fear impact of potential new U.S. duties

French champagne producers and exporters decried a U.S. government threat to slap tariffs of up to 100% on a range of French products including sparkling wines, saying they have nothing to do with the dispute and calling for government help.



6 years ago
McLaren looks to Asia and hybrid cars to stay on track

McLaren looks to Asia and hybrid cars to stay on track

British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company's chief executive said on Tuesday.



6 years ago
Repsol says it will reach zero emissions by 2050

Repsol says it will reach zero emissions by 2050

In a first for the oil and gas industry, Repsol announced on Monday that it will reach zero emissions by 2050.

6 years ago