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Latest News on private equity markets

Trump impeachment? History suggests Wall Street ought not worry

The move by Democrats in the U.S. Congress on Tuesday to launch a formal impeachment inquiry into President Donald Trump has caused nervousness on Wall Street - but history suggests investors need not worry.



5 years ago

Regulators knew before crashes that 737 MAX trim control was confusing in some conditions: document

(This March 29 story corrects paragraph two to refer to the European Union Aviation Safety Agency, not the European Aviation and Space Agency)



5 years ago

Luxury group Kering launches bonds that can be changed for Puma shares

French luxury goods group Kering said it was launching an offer of bonds that could be exchanged for shares in Puma , in which Kering already holds a 15.7% equity stake, to the tune of 500 million euros ($549.8 million).



5 years ago

Asian stocks rattled as move to impeach Trump raises new risks

Asian stocks fell the most in three weeks on Wednesday after U.S. lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty in the world's largest economy.



5 years ago

Aston Martin secures $150 million from bond issue

Luxury carmaker Aston Martin Lagonda said it had raised $150 million from a bond issue, with the option to raise another $100 million if order targets are met, to improve its liquidity in a uncertain trading environment.



5 years ago

WeWork chief Neumann's top lieutenants step up as successors

As WeWork parent We Company's CEO Adam Neumann asked Artie Minson and Sebastian Gunningham to separately take care of the U.S. office-sharing space start-up's finances and business, they developed turfs that became their mutual ticket to the top job.



5 years ago

Britain to operate 70 flights to bring back people after Thomas Cook collapse

More than 70 flights were scheduled to operate on Wednesday, Britain's Civil Aviation Authority said, to bring back 16,500 people after the collapse of travel firm Thomas Cook.



5 years ago

Saudi Aramco seeks project finance loan of more than $1 billion: sources

Saudi Aramco has asked banks to submit proposals for a project finance loan of more than $1 billion, two sources with direct knowledge of the matter said.



5 years ago

Thomas Cook's Polish unit announces insolvency: local authorities

Thomas Cook's Polish unit, Neckermann Polska, has announced that it is insolvent, local authorities told Reuters on Wednesday.



5 years ago

Flights disrupted at Thomas Cook's Nordic arm as it battles to survive

Some flights operated by Thomas Cook's Nordic business have been canceled or delayed as the subsidiary battles to survive the collapse of its parent company earlier this week.



5 years ago

Thyssenkrupp plunged into turmoil as CEO Kerkhoff set to leave

Thyssenkrupp is preparing to replace its chief executive Guido Kerkhoff, whose brief tenure at the German submarines-to-car-parts group included four profit warnings and two failed restructuring efforts.



5 years ago

Top shareholder Cevian backs new Thyssenkrupp CEO Merz

Swedish fund Cevian Capital, Thyssenkrupp's second-biggest shareholder, on Wednesday said it fully supported the appointment of Martina Merz as new chief executive of the German industrial conglomerate.



5 years ago

Aston Martin fundraise takes liquidity concerns off the table: CEO

The chief executive of luxury carmaker Aston Martin said securing $150 million in short-term debt, with an option for another $100 million, would address concerns in the market about the company's balance sheet.



5 years ago

Nintendo's Mario mobile game suffers launch day server overload

Nintendo Co Ltd's hotly awaited mobile title Mario Kart Tour launched on Wednesday with many users complaining server overload meant they were unable to play the game - seen as a major test of the Kyoto-based company's mobile ambitions.



5 years ago

Saudi Aramco restores oil output earlier than expected: sources

Saudi Arabia has restored its oil production capacity to 11.3 million barrels per day, three sources briefed on Saudi Aramco's operations told Reuters, maintaining a faster than expected recovery after the Sept. 14 attacks on its oil facilities.



5 years ago