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Latest News on private equity markets

ASOS shakes up board to revive fortunes

Online fashion retailer ASOS Plc on Wednesday revamped its board by naming several new directors, including Ocado Solutions Chief Executive Officer Luke Jensen, as it looks to bounce back from a string of profit warnings.



5 years ago

Samsung Electronics ends mobile phone production in China

Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.



5 years ago

Veteran investor Gilbert to leave Standard Life Aberdeen

Veteran investor Martin Gilbert will leave Standard Life Aberdeen next year, ending a career spanning more than three decades at the helm of one of Britain's most successful asset managers.



5 years ago

Shares fall to one-month low after U.S. manufacturing hit

A major global share index hit its lowest level in a month on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from the U.S.-China trade war is spreading to the U.S. economy.



5 years ago

Tesco boss to leave next year after calling turnaround complete

Tesco boss Dave Lewis will step down next summer after declaring the turnaround of Britain's biggest retailer complete, handing over to Ken Murphy, a former executive at healthcare group Walgreens Boots Alliance .



5 years ago

Oil prices mixed ahead of U.S. crude stocks data

Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States.



5 years ago

WeWork Japan gets new CEO, days after We Company founder quits

WeWork Japan on Wednesday named a new head of local operations, just days after the co-founder of the We Company stepped down following a botched attempt to gain a stock market listing.



5 years ago

WTO to back U.S. tariffs over Airbus subsidies

The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.



5 years ago

Volkswagen registers unit in Turkey ahead of production decision

Volkswagen has established a subsidiary in Turkey's western Manisa province, the country's Trade Registry Gazette showed on Wednesday, as the company nears a final decision on the location for its new production plant.



5 years ago

Samsung ends mobile phone production in China

Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.



5 years ago

Timeline: Highlights of the 15-year Airbus, Boeing trade war

The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.



5 years ago

Softbank names Ralf Wenzel to oversee joint ventures in Latin America

Japan's Softbank Group Corp named entrepreneur Ralf Wenzel as chief executive at its Latin American Tech Hub, with the goal of creating joint ventures among Softbank-backed companies in an effort to expand in the region.



5 years ago

CIS-based firm Freedom Holding plans NASDAQ listing

Freedom Holding Corp, a U.S. holding companies with subsidiaries that provide services to financial markets in Eastern Europe and Central Asia, has gained approval to list on New York's NASDAQ Capital Markets exchange, it said on Wednesday.



5 years ago
5 years ago

Stocks fall to lowest in a month after U.S. manufacturing shock sparks growth worries

A major global share index hit its lowest level in a month on Wednesday on fears the fallout from the U.S.-China trade war is spreading to the U.S. economy and could further hurt global growth.



5 years ago