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Latest News on private equity markets

Bayer to invest 5 billion euros in weedkiller research

Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research.



3 years ago

Fiat Chrysler signs EV charge point deals with Enel, Engie

Carmaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to help offer its customers charging points for electric vehicles (EV) it is planning to roll out.



3 years ago

India minister says confident Jet Airways' problems will be solved

India's new civil aviation minister said on Friday he is confident that problems at grounded Jet Airways Ltd will be solved, in the government's first comments on the debt-laden carrier since it was reelected last month.



3 years ago

Airbus agrees new contract for delayed A400M military transporter

Airbus has reached an agreement with European state buyers to revise a contract for its delayed A400M military transporter plane, resetting Europe's largest defense project after a lengthy wrangle over costs and military capability.



3 years ago

Awake at the wheel: Automakers tap VR to banish boredom in autonomous cars

Audi, Nissan and other car makers are banking on talking cartoon characters and other virtual reality experiences to keep drivers and other occupants of future autonomous vehicles entertained, auto industry executives said.



3 years ago

European chipmakers tumble after Broadcom dashes hopes of rebound in demand

European semiconductor stocks fell on Friday after U.S. chipmaker Broadcom warned a U.S.-China trade conflict and export restrictions on Huawei were causing a broad slowdown in demand for chips.



3 years ago

Huawei delays global launch of foldable phone by three months

Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with U.S. sanctions last month.



3 years ago

Bond yields slip, stocks suffer on cooling China data

World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified.



3 years ago

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake.



3 years ago

WeWork considers $1.9 billion offer for 70% stake in Indian affiliate: Bloomberg

Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter.



3 years ago

China sent official inquiry to FedEx regarding parcels delivery: Xinhua

Chinese authorities sent an official inquiry to FedEx Corp over parcels that were delivered incorrectly, China's official Xinhua news agency reported on Friday.



3 years ago

How an Obama Fed appointee is scuttling Wall Street's bid to ease rules

As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank's board. Over the past year, she has used it to combat the Trump administration's efforts to ease rules for Wall Street.



3 years ago

Facebook's cryptocurrency may be 'one of the most important initiatives' in its history, RBC says

RBC Capital Markets believes that Facebook has a "crypto opportunity," explaining in a note to investors the firm's high expectation.

3 years ago

Bayer to invest $5.6 billion in weedkiller research to help reputation

Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billion) in weedkiller research.



3 years ago

China launches inquiry into FedEx parcel delivery errors: Xinhua

Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua news agency reported on Friday.



3 years ago