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Latest News on private equity markets

In Michigan steel towns, tariffs meant to revive industry cost jobs

Some steelworkers who cheered U.S. President Donald Trump's tariffs on foreign steel last year are now being laid off, an unintended consequence of his America First policy as United States Steel Corp reacts to sagging demand from automakers reeling from higher steel prices.



5 years ago

VW in final talks about new plant in Turkey: board member

German carmaker Volkswagen is nearing a decision on building a new plant in Turkey, a board member told reporters in Berlin on Thursday.



5 years ago

Hackers tried to steal Airbus secrets via contractors: AFP

A series of cyber attacks on Airbus in the past few months were conducted via the computer systems of its suppliers and contractors and security sources suspect a link to China, AFP news agency reported on Thursday.



5 years ago

VW expects to raise productivity to more than 6% in 2019

Volkswagen's VW brand said on Thursday it had increased productivity, cut costs and was on course to achieving carbon cutting targets at the German carmaker's factories.



5 years ago

Scottish council approves $185 million Trump housing plan

A Scottish council has approved a 150 million pound ($185 million) plan by U.S. President Donald Trump's family business to build 550 houses at his golf resort north of Aberdeen, despite some local opposition.



5 years ago

Futures edge higher on U.S.-China trade optimism

U.S. stock index futures edged higher on Thursday as positive comments from China on U.S. trade talks put a cap on this week's politically driven selling.



5 years ago

German court begins protection proceedings for Thomas Cook's Condor

Germany's Condor, which is owned by British travel operator Thomas Cook, said on Thursday that a Frankfurt court had begun investor protection proceedings that should allow the airline to be restructured.



5 years ago

Ryanair not interested in buying Thomas Cook airlines

Ryanair is not interested in taking over any of the airlines of travel firm Thomas Cook , which has gone into liquidation, its chief executive said on Thursday.



5 years ago

Ted Baker taps Debenhams executive Osborne as new CFO

British fashion retailer Ted Baker Plc said on Thursday Rachel Osborne will become its new finance chief once she steps down from the same position at Debenhams, following just one year in the role at the department store chain.



5 years ago

Exclusive: Saudi Aramco lures sovereign funds to hit $2 trillion IPO valuation - sources

State-owned Saudi Aramco has approached Abu Dhabi Investment Authority (ADIA), Singapore's GIC and other sovereign wealth funds to invest in the domestic leg of the oil giant's listing at it seeks to achieve a $2 trillion valuation, sources said.



5 years ago

Buy Square because the negativity around the stock is about to change, says Wells Fargo

Wells Fargo upgraded shares of Square to outperform from market perform, citing overly negative sentiment that is close to inflecting.

5 years ago

Samsung to offer financing to help to boost India smartphone sales

Samsung Electronics is to provide finance to potential smartphone buyers, a company executive said on Thursday, in a bid to boost smartphone sales in India where it faces fierce competition from rivals such as China's Xiaomi.



5 years ago

U.S. weekly jobless claims rise marginally

The number of Americans filing applications for unemployment benefits rose moderately last week, pointing to sustained labor market strength.



5 years ago

How investing $5 a day can lead you to $1 million

"If you start in your 20s with a couple of reasonable investments, you can't avoid becoming a millionaire," author Michael Taylor says.

5 years ago

Jaguar Land Rover to stop output at UK factories for a week due to Brexit

Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit.



5 years ago