Latest News on private equity markets

Elon Musk testifies at defamation trial he responded to 'unprovoked attack'

Elon Musk testifies at defamation trial he responded to 'unprovoked attack'

High-tech entrepreneur Elon Musk took the witness stand at his defamation trial on Tuesday, testifying that his inflammatory Twitter message at the center of the case was sent in response to an "unprovoked" insult he received from the man now suing him.



6 years ago
Proper U.S.-China trade deal more important than timing: U.S. Commerce chief

Proper U.S.-China trade deal more important than timing: U.S. Commerce chief

U.S. Commerce Secretary Wilbur Ross on Tuesday rejected any deadlines on a trade deal with China and launched a fresh attack on telecoms giant Huawei, further dimming hopes for an end to a 17-month trade war that has slowed global growth.



6 years ago
U.S. has not ruled out imposing tariffs on imported autos: Commerce chief

U.S. has not ruled out imposing tariffs on imported autos: Commerce chief

U.S. Commerce Secretary Wilbur Ross said on Tuesday the Trump administration has not ruled out imposing tariffs on imported autos, after letting a review period end in November with no action.



6 years ago
U.S. judge disqualifies Huawei lawyer from fraud, sanctions case

U.S. judge disqualifies Huawei lawyer from fraud, sanctions case

A U.S. judge on Tuesday disqualified James Cole, a Washington lawyer for China's Huawei, from defending the telecommunications equipment maker against charges of bank fraud and sanctions violations.



6 years ago
Johnson & Johnson confirms no asbestos in Johnson's Baby Powder

Johnson & Johnson confirms no asbestos in Johnson's Baby Powder

Johnson & Johnson said on Tuesday that more tests showed that Johnson's Baby Powder was free of asbestos after U.S. Food and Drug Administration investigations had found trace amounts of the material.



6 years ago
Safran suspends electric jet taxiing project after Airbus ends talks

Safran suspends electric jet taxiing project after Airbus ends talks

France's Safran SA has shelved plans to install an electric taxiing system on Airbus A320 jets after the planemaker halted discussions on the project, it chief executive said.



6 years ago
Thyssenkrupp presents 'complex' turnaround plan for steel - workers

Thyssenkrupp presents 'complex' turnaround plan for steel - workers

Ailing conglomerate Thyssenkrupp has worked out a new strategy for the group's steel business, a leading labor representative said on Tuesday, adding the roadmap included significant investments but also restructuring steps.



6 years ago
Cyber Monday strategies: the do's and don'ts this shopping season

Cyber Monday strategies: the do's and don'ts this shopping season

It pays to be smart this Cyber Monday. While there are things to do to make sure you are getting the best deals, there are also potential traps you can fall into.

6 years ago
'You don't just build a bank overnight': Banking start-up Starling is taking financial services by storm

'You don't just build a bank overnight': Banking start-up Starling is taking financial services by storm

Digital-only bank Starling is being watched by some of the biggest banks – and they'll probably try to copy its model, according to CEO Anne Boden.

6 years ago
Euro zone factory activity shrank in November but worst may be over: PMI

Euro zone factory activity shrank in November but worst may be over: PMI

Euro zone manufacturing activity contracted for a 10th straight month in November although the bloc's battered factories may have turned a corner as forward-looking indicators in Monday's survey appear to have passed a nadir.



6 years ago
Hong Kong Airlines told to improve finances or risk losing license

Hong Kong Airlines told to improve finances or risk losing license

Hong Kong Airlines, controlled by cash-strapped Chinese conglomerate HNA Group, must shore up its financial position by Dec. 7 or risk the suspension or loss of its license, a Hong Kong air transport regulator said on Monday.



6 years ago
Oil jumps above $61 on talk of further OPEC+ supply curbs

Oil jumps above $61 on talk of further OPEC+ supply curbs

Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand.



6 years ago
Oil jumps amid hopes for further OPEC cuts, China factory growth

Oil jumps amid hopes for further OPEC cuts, China factory growth

Oil prices rose more than 1% on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand, and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year.



6 years ago
Britain's competition watchdog reviewing Google's Looker buyout deal

Britain's competition watchdog reviewing Google's Looker buyout deal

Britain's competition watchdog on Monday said it was probing Google's $2.6 billion buyout of privately held big-data analytics firm Looker Data Sciences.



6 years ago
U.S. Attorney says government can still seek to take auto workers union control: Detroit News

U.S. Attorney says government can still seek to take auto workers union control: Detroit News

The U.S. government may still seek to take control of the United Auto Workers Union (UAW) once its investigators determine the depths of corruption in the union, U.S. Attorney Matthew Schneider said in an interview with Detroit News on Sunday.



6 years ago