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Latest News on private equity markets

Global stocks inch up on trade hopes but growth fears cap gains

Global shares edged up on Tuesday after U.S. Treasury Secretary Steven Mnuchin confirmed U.S.-China trade talks will resume next month, but lingering concerns about slowing global growth reduced the overall appetite for riskier assets.



5 years ago

Factbox: The infinite lives of Nintendo's Italian plumber Mario

The launch of Nintendo Co Ltd's Mario Kart Tour on Wednesday marks the latest game to feature moustachioed Italian plumber Mario who for nearly four decades has gripped gamers as he dodges flying turtles, jumps chasms and rescues Princess Peach.



5 years ago

Nintendo's Mario takes driving seat in race for mobile hit

Nintendo Co Ltd is set to bring one of its most successful franchises to mobile for the first time on Wednesday with the global launch of Mario Kart Tour, in a test of the gaming firm's strategy to drive growth beyond consoles.



5 years ago

Exclusive: Allianz, Nippon in race to buy Aviva's Asia units for up to $2.5 billion - sources

German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva in a deal likely to be worth up to $2.5 billion, sources said.



5 years ago

Investors that bet on Thomas Cook collapse will get paid out: panel

A panel of bankers has ruled that some investors in Thomas Cook's credit derivatives worth as much as $2.7 billion are eligible for a payout following the world's oldest tour operator's collapse on Monday, according to a statement.



5 years ago

Starbucks wins, Fiat loses fights against EU tax orders

Starbucks won an appeal on Tuesday against an EU demand to pay up to 30 million euros ($33 million) in back taxes to the Netherlands, while Fiat Chrysler Automobiles lost its appeal to pay back a similar amount of levies to Luxembourg.



5 years ago

Dutch Finance Ministry: EU ruling shows Starbucks treated equally

An EU court ruling on Tuesday overturning an order that Starbucks pay the Dutch state back taxes shows the multinational "was treated the same as other companies," the Dutch Finance Ministry said.



5 years ago

Google wins in 'right to be forgotten' fight with France

Google won its fight against tougher "right to be forgotten" rules after Europe's top court said on Tuesday it does not have to remove links to sensitive personal data worldwide, rejecting a French demand.



5 years ago

UK says bailing out Thomas Cook would have thrown 'good money after bad'

The British government decided there was no point bailing out Thomas Cook as it would have been a waste of taxpayers' money to throw good money into a business that was not meeting the needs of its customers, the business minister said on Tuesday.



5 years ago

Oil prices fall due to weak economic data, Saudi output recovery

Oil prices fell on Tuesday after weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand and as Saudi Arabia was expected to restore oil output faster than anticipated following attacks last week.



5 years ago

European shares resume gains, pound waits on Supreme Court ruling

European shares rose on Tuesday, following their worst day in over a month, after Washington said the United States and China would resume trade talks. Britain's pound was laying low before the next act in the Brexit drama.



5 years ago

Uber receives just a two-month London license with new safety conditions

Uber on Tuesday received only a two-month London operating license, failing to secure a maximum five-year term in a battle with the regulator which has previously stripped the app of its right to take rides.



5 years ago

AB InBev Asia unit raises $5 billion in revived Hong Kong IPO under shadow of protests

Brewer AB InBev priced the Hong Kong IPO of its Asia-Pacific unit at the bottom of a marketed range to raise about $5 billion, indicating deals in the pipeline may need subdued valuations to succeed as protests in the city unnerve investors.



5 years ago

Windfall for investors that bet on Thomas Cook collapse

A panel of bankers has ruled that some investors in Thomas Cook's credit derivatives worth as much as $2.7 billion are eligible for a payout following the world's oldest tour operator's collapse on Monday.



5 years ago

Berlin to decide on loan for Thomas Cook's Condor within next days: Minister

The German government will decide within the next coming days on whether to offer financial support to Condor, the German airline owned by insolvent British travel operator Thomas Cook , German Economy Minister Peter Altmaier said on Tuesday.



5 years ago