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Latest News on private equity markets

How lithium-rich Chile botched a plan to attract battery makers

In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.



5 years ago

Renault-Nissan alliance is priority for France ahead of any consolidation: Le Maire

Renault's alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler , French Finance Minister Bruno Le Maire said on Wednesday.



5 years ago

Ericsson says on track for 2020 targets as second-quarter profit matches forecasts

Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financial goals due to strong sales of 5G equipment.



5 years ago

Making sense of chaos? Algos scour social media for clues to crypto moves

After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year - but few people could convincingly explain why.



5 years ago

Nissan, Volvo and FCA lead European sales decline

European car sales dropped 7.9% in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data published on Wednesday.



5 years ago

Asia shares subdued, dollar supported as sterling suffers

Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.



5 years ago

Oil prices gain, U.S. crude trails Brent after inventory data

Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent following data showing U.S. crude inventories fell less than expected.



5 years ago

Budweiser APAC's IPO failure hurt retail investors, say newspaper adverts urging reform

The dramatic failure of brewer Budweiser APAC's $9.8 billion Hong Kong listing left "mom and pop" investors badly out of pocket, a local broker has said in an unusual series of full-page advertisements in newspapers across the city on Wednesday.



5 years ago

Oil prices regain little ground lost in previous session

Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting U.S. crude inventories fell less than expected.



5 years ago

Debt and dollar in demand, sterling and stocks stricken on trade war and Brexit

Resurgent trade tensions, concern over the outlook for corporate America and the growing risk of a chaotic Brexit in the United Kingdom dampened appetite for equities on Wednesday while keeping alive interest in the dollar and government bonds.



5 years ago

Amazon faces EU antitrust probe over use of merchant data: source

Amazon, the world's largest online retailer, could face an EU antitrust investigation within days over its use of merchants' data, a person familiar with the matter said on Wednesday.



5 years ago

Bills targeting China's Huawei introduced in Congress

Members of the U.S. Senate and House of Representatives introduced bills on Tuesday to keep tight restrictions on Huawei Technologies Co Ltd, amid concern about President Donald Trump's easing of curbs on the Chinese firm.



5 years ago

Ericsson warns on negative margin impact, shares fall 7%

Telecoms equipment maker Ericsson posted quarterly earnings in line with forecasts but said it expected costs related to winning new contracts for its network business to hit profit margins in the second half of the year.



5 years ago

Bank of America profit rises on loan growth

Bank of America Corp reported a 10% increase in quarterly profit on Wednesday as a healthy U.S. economy boosted demand for loans.



5 years ago

Amazon appeases German watchdog, but EU opens new probe

Amazon has reached a deal with Germany's anti-trust authority to overhaul its terms of service for third-party merchants, acting to appease regulators as the European Union announced its own investigation of the e-commerce giant.



5 years ago