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Latest News on private equity markets

Brazil telecom carrier Oi may consider selling mobile operation: executive

Brazilian telecom carrier Oi SA may consider selling its mobile operation if it gets attractive offers, Chief Operating Officer Rodrigo Abreu told Reuters on Wednesday, following reports of interest from its largest rivals.



5 years ago

Kroger to layoff several store employees

Kroger Co is looking to lay off several store employees holding middle management roles, amidst the supermarket chain's push to improve delivery and in-store technology to attract shoppers.



5 years ago

Tesla deliveries miss Wall Street estimates; shares fall 6%

Tesla Inc said on Wednesday its deliveries rose less than 2% in the third quarter, missing Wall Street estimates and sending its shares down nearly 6% in trading after the bell.



5 years ago

Troubles with Tesla's automated parking feature summon safety regulators

U.S. regulators are looking into parking lot crashes involving Tesla Inc cars driving themselves to their owners using the company's Smart Summon feature, the National Highway Traffic Safety Administration (NHTSA) said on Wednesday.



5 years ago

Investors keep their faith in Hong Kong markets despite protests

As anti-government protesters fought pitched battles with police in Hong Kong streets last week, a group of bankers in another part of the city were busy taking in billions for the public float of the Asia unit of the world's largest brewer.



5 years ago

Asian stocks tumble after U.S. announces tariffs on Europe

Asian stocks, already under pressure from growing global growth fears, tumbled on Thursday after New York markets slumped overnight because the United States opened a new trade war front by saying it will impose tariffs on $7.5 billion of goods from the European Union.



5 years ago

U.S. widens trade war with tariffs on European planes, cheese, whisky to punish subsidies

The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.



5 years ago

U.S. panel probing 737 MAX seeks to interview Boeing engineer: Bloomberg

A U.S. panel has asked Boeing Co to make a company engineer available for an interview regarding an internal ethics complaint the engineer filed that raised questions about Boeing's safety culture, Bloomberg reported on Wednesday.



5 years ago

U.S. committee seeks to interview Boeing engineer on safety of 737 MAX

A U.S. panel has asked Boeing Co to make an engineer available for an interview regarding an internal ethics complaint the engineer filed on the safety of the now-grounded 737 MAX jet.



5 years ago

Oil steadies in rebound after jitters over economic outlook, U.S. inventories

Oil futures rebounded on Thursday, reversing losses earlier in the day, as fears over the worsening global economic outlook that hit prices hard in the previous session gave way to modest hopes for progress in resolving the U.S.-China trade war.



5 years ago

Airbus plant in Alabama spared fallout from U.S. tariffs

Alabama aerospace workers won an unexpected reprieve from escalating trade tensions on Wednesday when the United States spared an Airbus plant in the state from the impact of tariffs against the European planemaker - at least for now.



5 years ago

Asian stocks slide as U.S. tariffs on EU fan growth worries

Asian stocks skidded to a one-month low on Thursday after the United States opened a new front in its trade dispute with Europe by imposing tariffs, adding to already-growing market fears about global growth.



5 years ago

Amazon.com brings Alexa to Brazil, kicks off pre-orders for devices

Amazon.com Inc will launch its virtual assistant Alexa in Brazil starting this month, with plans for three different devices with the software installed, as it rapidly expands operations in Latin America's largest economy.



5 years ago

UK to fly back another 7,100 people on Wed after Thomas Cook collapse

UK's Civil Aviation Authority said 44 flights are scheduled to fly on Wednesday to bring back 7,100 people back to the country, following the collapse of travel firm Thomas Cook.



5 years ago

Credit Suisse says risk calculation, hedging change to reap $250 million

Credit Suisse on Wednesday said it expects an estimated $250 million boost in annual profit from higher net interest income it expects to reap by calculating risk-weighted assets in dollars rather than Swiss francs.



5 years ago