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Latest News on private equity markets

Consumer groups, unions urge caution on $63 billion AbbVie deal for Allergan

About a dozen advocacy groups and unions, including Public Citizen and the American Federation of Teachers, wrote the Federal Trade Commission on Thursday urging it to consider blocking drugmaker AbbVie Inc's planned $63 billion purchase of Botox maker Allergan Plc .



4 years ago

Trump: would consider interim trade deal with China

U.S. President Donald Trump told reporters on Thursday he would consider an interim trade deal with China - a step he said he has seen discussed by analysts - but said he would rather reach a larger agreement on the issues.



4 years ago

Senior UAW official charged in widening U.S. corruption probe

A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars in a mushrooming corruption scandal that comes at a decisive moment in contract talks with Detroit automakers.



4 years ago

Trump favors 'whole deal' with China, two sides prepare for trade talks

President Donald Trump said on Thursday he preferred a comprehensive trade deal with China but did not rule out the possibility of an interim pact, even as he said an "easy" agreement would not be possible.



4 years ago

U.S. corruption probe involving lavish parties, champagne hits another top UAW official

Just two days before the UAW's contracts with Detroit automakers were due to expire, U.S. prosecutors arrested and charged a senior union official on Thursday with embezzlement, releasing a complaint that alleges he spent member dues on lavish parties for union leaders, with liquor, cigars and women to light them.



4 years ago

Philippine fast food specialist Jollibee hungry to expand in U.S., China

Jollibee Foods Corp , the Philippine fast food specialist known for fried 'Chickenjoy' and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion plans in the United States and China that are likely to include more M&A.



4 years ago

Factbox: Highlights from criminal complaint in widening UAW corruption probe

A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars in a mushrooming corruption scandal.



4 years ago

Mexico's Pemex places $7.5 billion of bonds in record refinancing operation

Mexican state oil company Pemex said on Thursday it had placed $7.5 billion worth of bonds with maturities of seven, 10 and 30 years that will be used for debt refinancing.



4 years ago

Trump says he will unveil 'middle-income' tax plan in 2020

U.S. President Donald Trump said on Thursday his administration would unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.



4 years ago

U.S.-China trade war risks driving Fed policy, not Trump's carping: economists

The U.S.-China trade war will worsen or at best stay the same over the coming year, according to economists in a Reuters poll who expect the Federal Reserve to cut interest rates next week for the second meeting in a row.



4 years ago

WeWork considering curbing Neumann's voting power to save IPO: source

WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday.



4 years ago

Asian shares advance on U.S.-China trade hopes, ECB stimulus

Asian stocks advanced on Friday as hints of progress in the U.S.-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown.



4 years ago

Asian shares advance on U.S.-China trade progress, ECB easing

Asian stocks advanced on Friday as hints of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped counter worries about a global economic slowdown.



4 years ago

White House moving forward to strip California of vehicle authority: sources

The Trump administration is moving forward with a plan to revoke California's authority to set its own vehicle greenhouse gas standards and declare that states are pre-empted from setting their own vehicle rules, three people briefed on the matter said on Thursday.



4 years ago

Record low rates deliver competitive advantages to Australia's biggest banks: regulator

Australia's banking watchdog on Friday said record-low interest rates are likely to benefit the country's "Big Four" lenders over their smaller counterparts due to their better capital position and access to cheaper funds.



4 years ago