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Latest News on private equity markets

Thyssenkrupp CEO Kerkhoff to leave, chairwoman Merz to take over

Thyssenkrupp said on Tuesday it will start talks soon to end the contract of current Chief Executive Guido Kerkhoff, whose brief tenure at the submarines-to-car-parts group included four profit warnings and two failed restructuring efforts.



5 years ago

U.S. lawmakers propose $1 billion fund to replace Huawei equipment

A U.S. House panel unveiled bipartisan legislation this week that would authorize $1 billion for small and rural wireless providers to replace network equipment from companies including Huawei Technologies Co Ltd and ZTE Corp that lawmakers say pose a national security risk.



5 years ago

Stock futures steady after Pelosi launches Trump impeachment inquiry

Stocks were set for a muted open after House Speaker Nancy Pelosi said she will launch a formal impeachment inquiry on President Donald Trump.

5 years ago

Smith & Wesson parent fails to win support for CEO pay raise

In a rare case of shareholder pushback, Smith & Wesson parent American Outdoor Brands Corp on Tuesday failed to win majority support for its rising executive pay, according to a transcript of the gunmaker's annual meeting.



5 years ago

Mexico tourism mostly unaffected by Thomas Cook closure: ministry

The collapse of British travel firm Thomas Cook will not have a "significant impact" on Mexico's tourist industry as it only represents about 0.4% of the sector's foreign income, the Mexican tourism ministry said on Tuesday.



5 years ago

Hydrogen hurdles: a deadly blast hampers South Korea's big fuel cell car bet

Aiming to cash in on a major push by South Korea to promote fuel cell vehicles, Sung Won-young opened a hydrogen refueling station in the city of Ulsan last September. Just one year on, he's thinking about closing it down.



5 years ago

About 45 Tunisian hotels affected by the collapse of Thomas Cook

About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government will help the hotels with soft loans, Tunisia's tourism minister said on Tuesday.



5 years ago

Asian shares edge lower as U.S. House readies Trump impeachment inquiry

Asian stocks fell on Wednesday after the 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

Asian stocks rattled as Trump impeachment bid raises new risks

Asian stocks fell 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

Stock futures slip after Pelosi launches Trump impeachment inquiry

Stocks were set for a muted open after House Speaker Nancy Pelosi said she will launch a formal impeachment inquiry on President Donald Trump.

5 years ago

Stock futures cut earlier losses from impeachment fears, Dow now set to open higher

Stock futures recovered most of the earlier losses from House Speaker Nancy Pelosi saying she will launch a formal impeachment inquiry on President Donald Trump.

5 years ago

AB InBev Asia unit raises $5 billion in world's second-largest 2019 IPO

AB InBev said it has raised about $5 billion in a Hong Kong IPO of the brewer's Asia-Pacific unit after pricing it at the bottom of a marketed range, as investors backed a deal seen as offering value despite the city being hit by protests.



5 years ago

Oil slips as focus shifts from Saudi supply to global demand concerns

Oil prices eased on Tuesday as weak manufacturing data from Europe and Japan focused market attention on the gloomy outlook for demand and away from uncertainty around supply disruptions in Saudi Arabia.



5 years ago

One in 12 witnessed sexual harassment in Lloyd's insurance market: survey

Nearly one in 12 employees working in the Lloyd's of London insurance market has witnessed sexual harassment there in the past year and a quarter has seen excessive drinking, according to a culture survey published by Lloyd's on Tuesday.



5 years ago

After Thomas Cook collapse, UK PM asks why bosses got paid millions

After the collapse of Thomas Cook left hundreds of thousands of passengers reliant on the British state to repatriate them, Prime Minister Boris Johnson questioned whether bosses should have paid themselves so much ahead of its demise.



5 years ago