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Latest News on private equity markets

Philippine fast food specialist Jollibee hungry to expand in U.S., China

Jollibee Foods Corp , the Philippine fast food specialist known for fried 'Chickenjoy' and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion plans in the United States and China that are likely to include more M&A.



5 years ago

Factbox: Highlights from criminal complaint in widening UAW corruption probe

A senior United Auto Workers (UAW) official was arrested on Thursday and charged with conspiring with other union leaders to embezzle hundreds of thousands of dollars in a mushrooming corruption scandal.



5 years ago

Mexico's Pemex places $7.5 billion of bonds in record refinancing operation

Mexican state oil company Pemex said on Thursday it had placed $7.5 billion worth of bonds with maturities of seven, 10 and 30 years that will be used for debt refinancing.



5 years ago

Trump says he will unveil 'middle-income' tax plan in 2020

U.S. President Donald Trump said on Thursday his administration would unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.



5 years ago

U.S.-China trade war risks driving Fed policy, not Trump's carping: economists

The U.S.-China trade war will worsen or at best stay the same over the coming year, according to economists in a Reuters poll who expect the Federal Reserve to cut interest rates next week for the second meeting in a row.



5 years ago

WeWork considering curbing Neumann's voting power to save IPO: source

WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a person familiar with the matter said on Thursday.



5 years ago

Asian shares advance on U.S.-China trade hopes, ECB stimulus

Asian stocks advanced on Friday as hints of progress in the U.S.-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown.



5 years ago

Asian shares advance on U.S.-China trade progress, ECB easing

Asian stocks advanced on Friday as hints of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped counter worries about a global economic slowdown.



5 years ago

White House moving forward to strip California of vehicle authority: sources

The Trump administration is moving forward with a plan to revoke California's authority to set its own vehicle greenhouse gas standards and declare that states are pre-empted from setting their own vehicle rules, three people briefed on the matter said on Thursday.



5 years ago

Record low rates deliver competitive advantages to Australia's biggest banks: regulator

Australia's banking watchdog on Friday said record-low interest rates are likely to benefit the country's "Big Four" lenders over their smaller counterparts due to their better capital position and access to cheaper funds.



5 years ago

Cramer's favorite market indicator is signaling that stocks are 'way overbought'

"The S&P's proprietary short-range oscillator ... currently stands at eight, and that's not just overbought, it's way overbought," Jim Cramer says.

5 years ago

Asian stocks at six-week highs as trade war gloom lifts before ECB

Asian stocks advanced to a six-week high on Thursday on hopes for a thaw in U.S.-China trade relations and expectations that the European Central Bank would kick off another wave of monetary easing by global central banks.



5 years ago

Hong Kong exchange shares fall as political risks of $38 billion LSE approach weigh

Shares in the Hong Kong stock exchange fell more than 3% on Thursday as investors cast doubt on the merits of its $39 billion takeover approach to London Stock Exchange Plc (LSE) , a deal that would create a global financial giant.



5 years ago

Amid U.S. vaping crackdown, Juul enters China with online store openings

U.S. e-cigarettes maker Juul Labs Inc, which faces a widening crackdown on vaping at home, has entered China, with online storefronts on e-commerce sites owned by Alibaba Group and JD.com to tap the world’s largest market of smokers.



5 years ago

BAT plans to cut 2,300 jobs by Jan 2020

British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January as the world's second largest tobacco company by sales looks to streamline its operations.



5 years ago