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Latest News on private equity markets

Oil set for weekly loss on weak economic data

Crude oil prices fell on Friday on weak economic indicators from the United States and Germany, shrugging off tensions around Iran and this week's decision by OPEC and its allies to extend a supply cut deal until next year.



4 years ago

World stocks cling to gains, bonds hover ahead of U.S. payrolls

World stocks clung to their 17-month highs on Friday and bonds paused after this week's rally ahead of U.S. jobs data, a gauge that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve.



4 years ago

UK competition regulator puts brake on Amazon's Deliveroo investment

Britain's competition regulator has stepped in to pause Amazon's investment in online food delivery group Deliveroo while it considers launching a full investigation.



4 years ago

GM's China sales decline for fourth straight quarter amid economy woes

General Motors Co's second-quarter vehicle sales in China fell 12.2%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.



4 years ago

BMW seeks new CEO after Krueger announces 2020 retirement

BMW will seek to appoint a chief executive later this month after Harald Krueger said he did not want to extend his contract, pre-empting deliberations about whether to give him another five-year term at the helm.



4 years ago

Brent crude inches up, U.S. oil falls on weak economic data

U.S. benchmark crude prices fell on weak economic indicators on Friday while Brent oil ticked higher, supported by tensions over Iran and this week's decision by OPEC and its allies to extend a supply cut deal until next year.



4 years ago

Renault-Nissan unsure whether will publish cost-saving figures: sources

Renault-Nissan has not decided whether to publish figures on cost savings and other synergies achieved by the alliance over the last year, as has been its custom, two sources close to Renault said, amid growing tension in the partnership.



4 years ago

'Safe like China': In Argentina, ZTE finds eager buyer for surveillance tech

In Argentina's remote northern province of Jujuy, Chinese telecoms giant ZTE is installing a little slice of the Asian nation's vast surveillance state - security cameras that the local government says will help to curb street crime.



4 years ago

Futures slightly lower before jobs data

U.S. stock futures edged lower, on Friday, as investors awaited the monthly jobs data, which could offer clues on the Federal Reserve's move on interest rates.



4 years ago

Zipse to succeed Krueger as BMW boss: FAZ

BMW's production chief Oliver Zipse is to become the next chief executive of the German carmaker after Harald Krueger's announcement that he was stepping down, the Frankfurter Allgemeine newspaper reported on Friday, citing people within the company as its source.



4 years ago

First companies will debut on Shanghai's STAR Market on July 22

The first batch of companies will start trading on the STAR Market on July 22, the Shanghai Stock Exchange said on Friday.



4 years ago

This year's red hot IPO market has seen more women CEOs than usual take companies public

The boom in initial public offerings this year has also been a boon for women chief executive officers.

4 years ago

GM, Ford quarterly China sales slide again amid economy woes

General Motors Co and Ford Motor Co announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers were hit by a slowing economy amid the Sino-U.S. trade war.



4 years ago

Deutsche Bank plans separate 'corporate bank' unit as part of overhaul: sources

Deutsche Bank is planning to create a separate "corporate bank" unit that will seek to streamline services currently spread throughout the bank, two people familiar with the matter said on Friday.



4 years ago

Wells Fargo fined in Ireland over reporting breaches

Wells Fargo & Co's Irish subsidiary was fined 5.9 million euros on Friday for a prolonged series of regulatory reporting breaches, the second largest fine ever handed down by Ireland's Central Bank.



4 years ago