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Latest News on private equity markets

Shares stumble over Trump impeachment threat, China jibes

World stocks fell to a two-week low and risk assets dipped lower on Wednesday after U.S. lawmakers called for an impeachment inquiry into President Donald Trump, increasing the prospects of prolonged political uncertainty.



5 years ago

Thyssenkrupp works council wants faster strategy implementation

Thyssenkrupp must implement its strategy faster and more consistently following the planned replacement of current Chief Executive Guido Kerkhoff, the head of the company's works council said.



5 years ago

Bitcoin near three-month lows after tepid response to NYSE owner's futures

Bitcoin struggled on Wednesday to recover from the three-month lows it reached a day earlier, moves that traders blamed on a lukewarm reception for a futures product from the owner of the New York Stock Exchange.



5 years ago

Thyssenkrupp No.1 investor says it fully supports Chairwoman Merz

The Alfried Krupp von Bohlen und Halbach foundation, Thyssenkrupp's top shareholder with two seats on its supervisory board, on Wednesday said it fully supports chairwoman Martina Merz who is set to become the conglomerate's interim chief executive.



5 years ago

Around 3,600 clients of Thomas Cook's Polish unit remain abroad

Around 3,600 clients of Thomas Cook's Polish unit Neckermann Polska remain outside Poland, regional authorities said on Wednesday after the local travel agency announced insolvency.



5 years ago

Renault ready to be part of a European batteries project: chairman

Renault is ready to be part of a European batteries project provided it makes economic sense to do so, the French carmaker's chairman said on Wednesday.



5 years ago

Luxury group Kering trims Puma stake with 500 million euro bond

French luxury group Kering moved to reduce its remaining stake in Puma on Wednesday by issuing bonds that can be exchanged for shares in the German sportswear brand.



5 years ago

Thomas Cook Germany files for insolvency in bid to hive off business

Thomas Cook GmbH, the German unit of the insolvent British travel operator, on Wednesday filed for insolvency with a view to carving out its brands and businesses from their failed parent.



5 years ago

Nintendo's Mario mobile game has server overload on launch day

Nintendo Co Ltd's hotly awaited mobile title Mario Kart Tour launched on Wednesday with many users initially 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

Former Danske Bank Estonian head found dead by police

A former head of Danske Bank's Estonian branch, who was a witness in an investigation into alleged money laundering, has been found dead by police in Estonia.



5 years ago

Aston Martin raises $150 million in debt, shares fall on high cost

Luxury carmaker Aston Martin will see its borrowing costs jump after it raised $150 million in debt at 12% interest to bolster its balance sheet for its DBX sports utility vehicle launch next year, with the option for another $100 million.



5 years ago

VW workers applaud chairman despite indictment

Volkswagen workers applauded Chairman Hans Dieter Poetsch at a mass meeting of employees at its headquarters on Wednesday, according to a participant, as staff appeared to close ranks behind its senior managers, three of whom have been indicted.



5 years ago

IKEA's online sales surge 43%

IKEA's online sales surged 43% in the 12 months to the end of August, helping to drive overall retail sales at the world's biggest furniture group 6% higher, based on local currencies, brand owner and franchisor Inter IKEA said on Wednesday.



5 years ago

EU says it is in close contact with Germany over Condor loan

The European Union antitrust regulator said on Wednesday it was in close contact with the German authorities regarding a proposed loan to German airline Condor.



5 years ago

Thomas Cook's Polish business goes into insolvency

Thomas Cook's Polish business Neckermann Polska said on Wednesday it was insolvent as the effects of the demise of the world's oldest travel firm spread to central Europe, leaving around 3,600 Polish tourists stuck abroad.



5 years ago