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Latest News on private equity markets

Britain's Saga links up with Goldman to tap over-50s savings

Saga, the British tourism and insurance firm for the over-50s, said on Tuesday it ways teaming up with Goldman Sachs on savings products, as part of a drive to revive its bottom line after a profit warning in April.



3 years ago

Foxconn announces leadership overhaul as chairman seeks Taiwan presidency

Apple supplier Foxconn on Tuesday announced a plan to overhaul its leadership structure in a move to allow more senior executives involved in the running of its daily operations.



3 years ago

Roche names new head of $13 billion diagnostics unit

Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB.



3 years ago

Exclusive: Top Japanese chip gear firm to honor U.S. blacklist of Chinese firms - executive

Japan's Tokyo Electron, the world's No.3 supplier of semiconductor manufacturing equipment, will not supply to Chinese clients blacklisted by Washington, a senior company executive told Reuters.



3 years ago

Asia stocks rise as policy tweaks boost China markets

Asian stocks gained on Tuesday, led by Chinese shares after Beijing eased financing rules to boost local government spending on public works, and bolstered by investor relief following a U.S. decision to hold off import tariffs on Mexico.



3 years ago

Renault/Fiat case 'not closed', says French transport minister

Plans to merge carmakers Renault and Fiat Chrysler could re-emerge despite the breakdown of negotiations last week, France's transport minister said on Tuesday, joining a chorus of French officials hoping the deal could be revived.



3 years ago

New Zealand selects Lockheed C-130J as preferred military transport replacement

New Zealand on Tuesday said it had selected Lockheed Martin Corp's C-130J Super Hercules as the preferred replacement for five aging C-130 Hercules military transport aircraft, a choice in line with its closest allies.



3 years ago

Italy to scrap incentives for Whirlpool plant in Naples

The Italian government will scrap incentives for U.S.-listed appliance maker Whirlpool Corp on Tuesday because of the company's decision to close its factory in Naples, Deputy Prime Minister Luigi Di Maio said in a radio interview.



3 years ago

China says will respond if U.S. insists on escalating trade tension

China's foreign ministry said on Tuesday that the government would respond with firm resolve if the United States insists on escalating trade tensions.



3 years ago

Italy in final rush for Alitalia rescue: Industry minister

Italy's Industry Minister Luigi Di Maio said on Tuesday the government was in a final rush to orchestrate a rescue of trouble carrier Alitalia.



3 years ago

European shares gain on Trump tariff relief, carmakers shine

European shares gained ground on Tuesday, with Germany's carmakers outperforming, as risk appetite held firm after the United States stepped back from imposing tariffs on Mexico.



3 years ago

Exclusive: Zambian government has no plans to seize First Quantum - sources

Zambia has no plans to seize the assets of Quantum Minerals Ltd and the copper producer intends to stay in the country despite the government's move to wrest control of a rival miner, government and industry sources told Reuters.



3 years ago

China says will respond if U.S. escalates trade tension

China will respond firmly if the United States insists on escalating trade tensions, the foreign ministry said on Tuesday after U.S. President Donald Trump said further tariffs were ready to kick in if no deal was reached at June's G20 summit.



3 years ago

Explainer: 'Privacy coin' Monero offers near total anonymity

Bitcoin's share of the cryptocurrency market is sliding, with a host of alternative digital coins gaining ground as developers race to create digital cash that can gain a footing in mainstream commerce and finance.



3 years ago

Rise of smaller rivals throws up fresh challenge to bitcoin

Bitcoin's weathered hacks, heists, booms and busts to reign as the king of cryptocurrencies through its first decade. But now there's a fresh challenge to its dominance of the fledgling market: some 2,000 smaller digital coins.



3 years ago