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Latest News on private equity markets

Huawei says 'fully prepared' to deal with U.S. restrictions

Huawei Technologies said on Friday it is "fully prepared" to live and work with U.S. trade restrictions, and there is no impact to its business from Washington's decision this week to extend a reprieve allowing it to buy supplies from U.S. firms.



6 years ago

Deutsche Bank to transfer up to 800 people to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.



6 years ago

Major fashion companies to make G7 pledge to help environment

Major fashion companies from around the world said on Friday they had signed a pact which they would present at this week's G7 summit to help protect the environment.



6 years ago

Shares in Peppa Pig owner rise past Hasbro offer

Peppa Pig-owner Entertainment One's shares rose more than 30% to a record high on Friday, surpassing the price agreed by the company's board with U.S. toy maker Hasbro Inc in a sign that investors see some chance of a counter offer.



6 years ago

Thyssenkrupp, Kloeckner in talks over co-operation in materials trading: sources

Thyssenkrupp is in talks with Kloeckner & Co over future cooperation in materials trading, but is not exploring a near-term takeover of the metals firm, three people familiar with the matter said.



6 years ago

Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.



6 years ago

Tesla in advanced talks with LG Chem on battery supply in China: source

U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea's LG Chem Ltd to source batteries for vehicles to be made in its Shanghai plant, a person familiar with the matter said.



6 years ago

Stocks, dollar climb before Powell's Jackson Hole speech

World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next month.



6 years ago

Huawei says impact of U.S. trade restrictions less than feared

Chinese smartphone maker Huawei Technologies said on Friday its business has been less impacted by U.S. trade restrictions than the company had initially feared and it is "fully prepared" to live and work with U.S. sanctions.



6 years ago

Swedish regulator delays Swedbank money-laundering probe report

The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, it said on Friday, pushing back the deadline by several months.



6 years ago

James Bullard says Fed should cut rates because inverted yield curve is 'not a good place to be'

James Bullard says the Fed should continue to ease monetary policy because of the recession signal being flashed by the bond market.

6 years ago

Stocks, dollar inch up ahead of Powell's Jackson Hole speech

World stock markets and the dollar rose on Friday as investors looked to a speech by Federal Reserve chair Jerome Powell for clarification on whether the U.S. central bank remains on course to deliver another interest rate cut in next month.



6 years ago

U.S. fines Deutsche Bank $16 million to settle China, Russia corruption charges

Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated U.S. corruption laws by hiring relatives of foreign government officials in order to win or retain business, the U.S. regulator said in a statement.



6 years ago

Stock futures edge higher before Powell speech

U.S. stock index futures edged higher on Friday as investors looked to Federal Reserve Chair Jerome Powell's speech at a meeting of central bankers in Jackson Hole for confirmation that the central bank will cut interest rates next month.



6 years ago

SoftBank-backed Oyo, known for budget stays, to rebrand Hooters hotel in Vegas

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a source with knowledge of the matter said was worth $135 million.



6 years ago