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Latest News on private equity markets

Malaysia defends move to extend license for rare earth firm Lynas

Malaysia's government said on Wednesday its decision last month to extend a license for Australia's Lynas Corp for processing rare earth minerals aimed to show investors that the Southeast Asian nation was open for business and preserve 600 jobs.



5 years ago

Tyson Foods CEO says poultry business contributed half of forecast cut

Meat processor Tyson Foods Inc Chief Executive Officer Noel White said on Wednesday the poultry business contributed to about half of its 2019 earnings forecast cut.



5 years ago

This tax deadline is right around the corner. How you can prepare

Sept. 16 doesn't sound as scary as April 15, but it's still an important date for the IRS. Here's what entrepreneurs, investors and gig workers should know.

5 years ago

Wall St. opens higher as robust Chinese data eases growth concerns

U.S. stocks rose broadly at the open on Wednesday as encouraging data from China allayed concerns of slowing global growth, with sentiment getting a boost on signs of easing tensions in Hong Kong following the withdrawal of a controversial bill.



5 years ago

FCA to spend nearly 1 billion euros on Alfa compact SUV, hybrid Panda

Fiat Chrysler will invest almost one billion euros ($1.1 billion) to start production of the new Alfa Romeo compact SUV Tonale and of the light hybrid version of its Panda small car at its Pomigliano plant, unions said on Wednesday.



5 years ago

Open banking has a big branding problem, government’s public opinion research suggests

Financial Post | Geoff Zochodne | Sep 3, 2019 None of the respondents had heard of or knew anything about open banking. And, they didn't like the terminology of it The data-driven concept of “open banking” is being hailed by some as a way to enhance competition in the financial-services industry, but public opinion research

5 years ago

BAT launches more vaping products in Japan to take on Philip Morris

British American Tobacco said it would launch two new tobacco heating products in Japan under its glo brand, as it seeks to close the gap with market leader Philip Morris International Inc in the country's fast-growing vaping industry.



5 years ago

Google's YouTube to pay $170 million penalty for collecting data on kids

Google, which is owned by Alphabet Inc , and its YouTube video service will pay $170 million to settle allegations that it broke federal law by collecting personal information about children, the Federal Trade Commission said on Wednesday.



5 years ago

NY Fed President John Williams says low inflation is 'the problem of this era'

New York Fed President John Williams says sluggish inflation is one of the central bank's most pressing issues

5 years ago

U.S. trade deficit shrinks, but shortfall with China widens

The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration's "America First" agenda, surged to a six-month high.



5 years ago

Easing political worries lift global shares, pound jumps

Britain's pound bounced from three-year lows on Wednesday after a parliamentary vote raised the prospect of another delay to Brexit, while an easing of worries about political risk in Italy helped push world stocks higher.



5 years ago

Starbucks sees slower profit growth in fiscal year 2020

Starbucks Corp said on Wednesday it expects 2020 profit growth to be lower than the current 10% rate, two months after the coffeehouse chain raised its 2019 profit forecast.



5 years ago

JLR to launch 30 new vehicles in China over next two years

Luxury carmaker Jaguar Land Rover (JLR) plans to launch 30 new or revamped vehicles in China in the next two years, it said on Wednesday, seeking to build on a recent recovery in sales in the world's biggest auto market.



5 years ago

Wall St. rises as strong Chinese data eases growth worries

U.S. stocks rose on Wednesday as upbeat data from China's services sector eased concerns about a global economic slowdown, while Hong Kong's withdrawal of a controversial bill supported sentiment.



5 years ago

3G Capital selling $3 billion shares in Burger King owner

Brazilian private equity firm 3G Capital Partners Ltd sold shares in Restaurant Brands International Inc for $3 billion in the past month, regulatory filings showed.



5 years ago