Latest News on private equity markets

Farm machinery makers, Brazil banks working on private financing - Deere

Farm machinery makers, Brazil banks working on private financing - Deere

Agricultural machine manufacturers are working with banks in Brazil to avoid a repeat of slumping sales when public financing is expected to run out next year, the head of the local unit of U.S. tractor maker Deere & Co told Reuters on Thursday.



6 years ago
Renault-Nissan to reboot alliance with new overseer

Renault-Nissan to reboot alliance with new overseer

Renault, Nissan and Mitsubishi plan to appoint a general secretary at the helm of their partnership to boost cooperation and reboot joint operations after the departure of former alliance supremo Carlos Ghosn.



6 years ago
Exclusive: Brazil, China, UAE firms in second round of bids for Petrobras refineries - sources

Exclusive: Brazil, China, UAE firms in second round of bids for Petrobras refineries - sources

Brazil's state-controlled oil company Petroleo Brasileiro SA has selected four groups for the second round of bidding for four refineries up for sale, including China's Sinopec, Abu Dhabi's state investor and two Brazilian firms, according to four people with knowledge of the matter.



6 years ago
Singapore tells Facebook to correct user's post in test of 'fake news' laws

Singapore tells Facebook to correct user's post in test of 'fake news' laws

Singapore instructed Facebook on Friday to publish a correction notice on a user's social media post under a new 'fake news' law, raising fresh questions about how the firm will adhere to government requests to regulate content.



6 years ago
BMW, Great Wall to build new China plant for electric cars

BMW, Great Wall to build new China plant for electric cars

BMW and its partner Great Wall Motor said they plan to build a plant in China with a capacity of 160,000 cars per year, and which will produce BMW's electric MINI brand and Great Wall Motor models.



6 years ago
Exclusive: Mexico's Pemex fights in court to suspend clean diesel rule - documents

Exclusive: Mexico's Pemex fights in court to suspend clean diesel rule - documents

Mexico's state-run oil company Pemex has been fighting for almost a year in court to suspend a rule issued by the previous government, requiring the nationwide sale of clean diesel to start this year, court documents seen by Reuters show.



6 years ago
Britain's Ocado signs technology partnership with Japan's Aeon

Britain's Ocado signs technology partnership with Japan's Aeon

British online grocer Ocado has signed a technology partnership with Japan's Aeon to help the retailer establish an online business, its first deal in Asia.



6 years ago
Renault-Nissan-Mitsubishi to appoint General Secretary for alliance

Renault-Nissan-Mitsubishi to appoint General Secretary for alliance

Renault-Nissan-Mitsubishi said on Friday that in coming days it planned to appoint a General Secretary for the alliance in a bid to boost operational efficiency.



6 years ago
Indian retailer Future's shares surge as regulator approves Amazon investment

Indian retailer Future's shares surge as regulator approves Amazon investment

Shares in Future Retail Ltd surged 13% on Friday, after India's antitrust body approved a deal that would give Amazon.com Inc a minority stake in one of the country's top retail groups.



6 years ago
France's PSA to sell stake in smaller Chinese tie-up as sales slide

France's PSA to sell stake in smaller Chinese tie-up as sales slide

Peugeot maker PSA Group said it is preparing to sell its 50% stake in an eight-year-old joint venture with Chinese partner Chongqing Changan Automotive which has struggled with falling sales.



6 years ago
Stocks shy from breaking new highs as trade mood darkens

Stocks shy from breaking new highs as trade mood darkens

Asian shares slipped on Friday, knocking a global stock index off its path to hitting an all-time peak as investors turned cautious, fearing a new U.S. law backing Hong Kong protesters could torpedo efforts to end the U.S.-China trade war.



6 years ago
These tips can help retirees make required minimum distributions easy and tax penalty free

These tips can help retirees make required minimum distributions easy and tax penalty free

Dec. 31 is the final deadline for retirees and inheritors of retirement accounts to take their required minimum distributions. Here's how to do it without running afoul of the rules.

6 years ago
Daimler to cut thousands of jobs worldwide by end of 2022

Daimler to cut thousands of jobs worldwide by end of 2022

Daimler on Friday announced plans to cut thousands of jobs across the globe by the end of 2022.



6 years ago
Denmark's Maersk to lay off staff as part of cost cuts

Denmark's Maersk to lay off staff as part of cost cuts

Danish shipping group Maersk said on Thursday it would lay off staff at its main offices in Denmark and in other countries.



6 years ago
Amazon does not infringe Coty's trade mark rights, says EU court adviser

Amazon does not infringe Coty's trade mark rights, says EU court adviser

Amazon does not breach trade mark rights when it stocks and transports goods for third-party sellers, an adviser to Europe's top court said on Thursday, siding with the U.S. online retail giant against U.S. cosmetics company Coty.



6 years ago