Latest News on private equity markets

Oil drops after U.S. inventory build, new output record

Oil drops after U.S. inventory build, new output record

Oil prices fell on Thursday, extending losses from the previous session after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.



6 years ago
Exclusive: Facing U.S. sanctions, Venezuela offers suppliers payment in Chinese yuan - sources

Exclusive: Facing U.S. sanctions, Venezuela offers suppliers payment in Chinese yuan - sources

Venezuela's government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency, five people familiar with the matter said.



6 years ago
Asian shares sink as Hong Kong tensions spoil festive mood

Asian shares sink as Hong Kong tensions spoil festive mood

Asian share markets fell on Thursday as concerns that tensions over Hong Kong may stymie a U.S.-China trade deal cast a pall over Thanksgiving cheer from positive U.S. economic data.



6 years ago
Scandal-hit Westpac to refund some buyers of new shares

Scandal-hit Westpac to refund some buyers of new shares

Australia's Westpac Banking Corp offered to refund people who bought new shares weeks before a lawsuit accusing it of millions of breaches of money laundering laws, a move some investors said was to fend off criticism about its transparency.



6 years ago
China's major shareholders sell A-shares, pressuring markets

China's major shareholders sell A-shares, pressuring markets

Business owners and major shareholders are selling down their stakes in listed companies, producing a glut of shares in a market already under pressure from a slowing economy and the impact of the Sino-U.S. trade dispute.



6 years ago
Drugmakers slash prices in China to get on reimbursement list

Drugmakers slash prices in China to get on reimbursement list

Drugmakers including Roche and Novartis' have agreed to cut the prices of some of their newest drugs by an average of 61% in China in order to get on a national reimbursement scheme list, regulators said.



6 years ago
After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

The Indian government's win of a long-contested dispute over telecom fees could end up a Pyrrhic victory, as the billions of dollars in levies now owed are seen as burdens too big to bear for two of the country's three main carriers.



6 years ago
Factbox: India's telecom sector on the ropes after $13 billion levy ruling

Factbox: India's telecom sector on the ropes after $13 billion levy ruling

India's telecoms sector has been rocked by a Supreme Court ruling last month that sided with the government in a dispute over how levies are calculated, saddling the industry with a combined $13 billion in fresh debt.



6 years ago
Oil falls for a second day amid rising U.S. inventories, output

Oil falls for a second day amid rising U.S. inventories, output

Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose against expectations as production hit a record.



6 years ago
Panasonic to sell its chip unit to Taiwan's Nuvoton for $250 million

Panasonic to sell its chip unit to Taiwan's Nuvoton for $250 million

Panasonic Corp said it would sell its loss-making semiconductor unit to Taiwan's Nuvoton Technology Corp for $250 million as the Japanese electronics giant struggles to lift its profit amid a lack of growth drivers.



6 years ago
Labour talks with Lufthansa end without results: cabin crew union

Labour talks with Lufthansa end without results: cabin crew union

Cabin crew union UFO on Thursday said that wage talks it held with Lufthansa ended without results, adding that it would now prepare for industrial action at the German carrier.



6 years ago
Nissan to roll out high-tech production system amid pressure to cut costs

Nissan to roll out high-tech production system amid pressure to cut costs

Nissan Motor Co. is introducing a new, higher-tech production system globally to try to boost efficiency as it looks to reverse a slide in profitability.



6 years ago
World stocks stall as U.S.-China tensions flare again

World stocks stall as U.S.-China tensions flare again

A four-day rally that had lifted world stocks to near-record highs stalled on Thursday as a U.S. bill backing Hong Kong's protesters became law, provoking China's ire and threatening to derail an interim trade deal between Washington and Beijing.



6 years ago
EU court adviser says Amazon does not infringe trade mark rights in Coty case

EU court adviser says Amazon does not infringe trade mark rights in Coty case

Amazon is not breaching trade mark rights by stocking and shipping 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
China's factory activity seen contracting for seventh month on trade pressure: Reuters poll

China's factory activity seen contracting for seventh month on trade pressure: Reuters poll

China's factory activity is expected to have contracted for the seventh straight month in November amid sluggish domestic demand a Reuters poll showed, despite some optimism over chances for an interim deal to de-escalate a trade war with the United States.



6 years ago