Latest News on private equity markets

Sephora to shut U.S. stores for day of diversity training after racial incident

LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.



2 years ago

Collapsed Jet Airways' ex-partners, rivals scramble to fill India capacity void

Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India's once-largest international airline.



2 years ago

U.S.-based engineers' body lifts curbs on Huawei employees

The Institute of Electrical and Electronics Engineers (IEEE) on Monday said employees of Huawei Technologies and its subsidiaries would be allowed to participate in a peer review process for its research papers, lifting previous curbs.



2 years ago

Exclusive: U.S. set to grant tentative approval to American, Qantas venture - sources

The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture, two people briefed on the matter said on Sunday.



2 years ago

Oil prices slide as trade wars roil financial markets

Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.



2 years ago

Google says it resolves issues affecting YouTube, Gmail, Google Cloud in U.S.

Alphabet Inc's Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube.



2 years ago

U.S. stock futures, oil slide as trade wars stoke global recession fears

U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on mounting worries growing Sino-U.S. tensions and Washington's new tariff threats against Mexico could tip the global economy into a recession.



2 years ago

Germany's Infineon close to acquire Cypress Semiconductor: Bloomberg

German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmakerĀ at almost $10 billion, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-03/infineon-is-said-to-near-deal-to-acquire-cypress-semiconductor on Sunday.



2 years ago

U.S. stock futures, oil slide as trade wars stoke global recession anxiety

U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington's new tariff threats against Mexico could tip the global economy into a recession.



2 years ago

Germany's Infineon close to acquiring Cypress Semiconductor: Bloomberg

German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmakerĀ at almost $10 billion, Bloomberg reported on Sunday.



2 years ago

China's Huawei to sell undersea cable business, buyer's exchange filing shows

China's Huawei Technologies Co Ltd plans to sell its 51% stake in undersea telecommunications cable business Huawei Marine Systems Co Ltd, according to an exchange filing from the Chinese buyer on Monday.



2 years ago

Google says issues affecting YouTube, Gmail, Google Cloud in U.S. resolved.

Alphabet Inc's Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube.



2 years ago

Factory activity shrinks across Asia, stokes global recession fears

Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out more stimulus.



2 years ago

Huawei trade secrets lawsuit opens in Texas amid spying allegations

Huawei Technologies, the Chinese telecommunications equipment supplier fighting a U.S. sales ban, kicks off a trade secrets lawsuit in the United States on Monday against a former employee who has sought to turn the case into a referendum on Huawei's corporate behavior.



2 years ago

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal

Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million), LHV said on Monday.



2 years ago