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Latest News on private equity markets

Alibaba set for 'big challenge' as flamboyant chairman Ma departs

Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply.



5 years ago

Nivea-maker Beiersdorf launches brand for tattooed skin

German consumer goods firm Beiersdorf is launching its first new brand for more than 30 years - a line of body creams specially for tattooed skin - as it seeks to tap into the growing popularity of skin art and appeal to a younger audience.



5 years ago

Saudi Energy Minister: Aiming for Aramco IPO as soon as possible

Saudi Arabia's newly appointed energy minister, Prince Abdulaziz bin Salman, said on Monday that the country is aiming for an initial public offering of its national oil giant Saudi Aramco "as soon as possible."



5 years ago

Global stocks gain on hopes of central bank stimulus

Global stock markets gained on Monday as investors pinned their hopes on stimulus that's expected from the world's central banks to support slowing growth.



5 years ago

Impossible Foods says China its top priority meat substitute market

Impossible Foods, a California-based producer of meat substitutes made from plants, is actively working to speed up its entry into China, its number one priority when it comes to overseas markets, the company's chief executive told Reuters.



5 years ago

Hyundai Motor joins European electric car charging venture Ionity

Ionity, the European electric vehicle charging joint venture of Volkswagen , BMW , Daimler and Ford , said on Monday that South Korea's Hyundai Motor had joined as a shareholder.



5 years ago

As China trade war escalates, 2020 U.S. Democrats scramble over their message

The growing economic fallout from President Donald Trump’s drawn-out trade war with China would appear to be a ready-made opportunity for Democratic presidential contenders seeking to blunt his central 2020 re-election pitch: That he has made the economy great again.



5 years ago

U.S. states kick off antitrust probe expected to focus on Google

Texas Attorney General Ken Paxton on Monday will detail a multi-state antitrust probe of potentially anticompetitive practices at major U.S. technology companies, which is expected to focus on Alphabet's Google.



5 years ago

Uber Eats to pull out of South Korea amid tough competition

Uber Technologies Inc's restaurant delivery business will terminate its service in South Korea, Uber Eats said on Monday.



5 years ago

Futures edge higher on hopes of monetary stimulus

U.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.



5 years ago

Ferrari mixes sport with power in new Spider and GTS models

Italy's Ferrari showed off two new cars on Monday as it pursues an aggressive roll-out of new premium models to sustain turbo-charged core earnings and share price growth.



5 years ago

Huawei feels no big impact from Czech, Polish security fears

Security concerns in Poland and the Czech Republic over telecoms equipment made by Huawei Technologies have not had a significant business impact despite creating uncertainty, a deputy head of central Europe and the Nordics said.



5 years ago
5 years ago

Citi's Atiq Rehman appointed head of EMEA emerging markets business

Citigroup Inc has appointed Atiq Rehman, currently Middle East and Africa head at the U.S. bank, as the head of the newly created EMEA Emerging Markets Cluster, according to an internal email sent on Monday and seen by Reuters.



5 years ago

Treasury's Mnuchin sees positive U.S. growth as China talks loom

U.S. Treasury Secretary Steven Mnuchin on Monday said he did not see the threat of a recession as the Trump administration seeks to revive trade negotiations with China, adding that he expected a positive year ahead for the U.S. economy.



5 years ago