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Latest News on private equity markets

Factbox: International tax faces biggest shake-up in decades under OECD plan

The Organisation for Economic Cooperation (OECD) has proposed overhauling rules for taxing cross-border corporate income to bring them into line with the digital age.



4 years ago

Multinationals face heftier tax hit in biggest overhaul for decades

Governments will get more power to tax big multinationals like Google, Apple and Facebook doing business in their countries under a proposed overhaul of decades-old rules.



4 years ago

China's Hikvision sees only limited impact from U.S. blacklisting

Chinese video surveillance company Hikvision will only suffer a limited, short-term hit after being blacklisted by the U.S. government and will strive to get the ban lifted, its general manager said on Wednesday.



4 years ago

French finance minister says up to Renault's board to decide on management changes

It was not up to the French state to interfere in management decisions at Renault , France's Finance minister said on Wednesday, following a report in business daily Le Figaro that the carmaker's CEO Thierry Bollore may be replaced soon.



4 years ago

Analyst rates Peloton a 'buy' even after acknowledging it may not turn a profit for five years

Baird initiated coverage on Peloton with an outperform rating and $28 target, saying that while the company might not be profitable for 5 years, there's a "sizable potential market" and

4 years ago

New Thyssenkrupp CEO prepares ground for major job cuts

New Thyssenkrupp chief executive Martina Merz on Wednesday paved the way for deeper job cuts at the ailing conglomerate, telling employees in an internal memo such a step was necessary for a much-needed turnaround.



4 years ago

American Airlines cancels Boeing 737 MAX flights until Jan. 16

American Airlines Group Inc said Wednesday it is extending cancellations of Boeing 737 MAX flights through Jan. 15 as regulators continue to extensively review proposed software changes to the grounded plane.



4 years ago

Roku upgraded and analyst predicts users will triple in 3 years

Roku has the potential to triple its user base in three years, growing internationally just like streaming giant Netflix did, according to Macquarie Research.

4 years ago

If you're in your 20s, forget everything you've heard about saving up for an emergency

You have to start somewhere when it comes to emergency savings. The point is to get started with any amount at all.

4 years ago

France's Le Maire urges global deal on tech tax after 'very good' proposals

France's Finance Minister Bruno Le Maire said proposals unveiled on Wednesday by the Organisation for Economic Cooperation and Development (OECD) for a global overhaul of digital taxation were "very good" and urged the body's members to reach a deal early next year.



4 years ago

Futures gain as reports fuel trade deal hopes

Wall Street was set to rise for the first time in three sessions on Wednesday after latest media reports eased concerns over escalating trade tensions between the United States and China, ahead of high-level trade talks starting Thursday.



4 years ago

Reprieve for Thomas Cook's UK stores as Hays Travel deal saves up to 2,500 jobs

Hays Travel will buy all of Thomas Cook's British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the country.



4 years ago

Wall Street opens higher as reports fuel trade deal hopes

U.S. stocks opened higher for the first time in three sessions on Wednesday, boosted by technology shares, as latest media reports raised hopes of progress in high-level trade talks between the U.S. and China, after a turbulent start to the week.



4 years ago

AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion

AT&T Inc said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd for $1.95 billion, as the second-largest U.S. wireless carrier cuts its huge debt pile.



4 years ago

Why Foot Locker is backing Rockets of Awesome, a start-up disrupting the kids clothing market

Rockets of Awesome, an online kids clothing store, has wooed celebrity backers and capital from Foot Locker. It is the latest e-commerce company to opt for a brick-and-mortar presence. In September it opened its first pop-up store in Manhattan.

4 years ago