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Latest News on private equity markets

FCA-Renault tie-up clears French hurdles before board meeting: sources

Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters on Tuesday, as the French carmaker's board met to review the $35 billion tie-up plan.



4 years ago

Wall St. opens higher on rate cut hopes

U.S. stocks opened higher on Tuesday after a senior Federal Reserve official pointed the way to a cut in interest rates in response to slowing economic growth.



4 years ago

Uber says IRS probing its 2013-14 tax returns

The U.S. Internal Revenue Service is auditing Uber Technologies Inc's taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million.



4 years ago

Wall Street gains on rate-cut hopes; tech leads rebound

U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell's said the central bank would act "as appropriate" to trade war risks, leaving the door open for a possible rate cut.



4 years ago

Sephora to shut U.S. stores for diversity training after racial incident

LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.



4 years ago

Sephora to shut U.S. stores for day of diversity training after racial incident

LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.



4 years ago

Collapsed Jet Airways' ex-partners, rivals scramble to fill India capacity void

Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India's once-largest international airline.



4 years ago

U.S.-based engineers' body lifts curbs on Huawei employees

The Institute of Electrical and Electronics Engineers (IEEE) on Monday said employees of Huawei Technologies and its subsidiaries would be allowed to participate in a peer review process for its research papers, lifting previous curbs.



4 years ago

Exclusive: U.S. set to grant tentative approval to American, Qantas venture - sources

The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture, two people briefed on the matter said on Sunday.



4 years ago

Oil prices slide as trade wars roil financial markets

Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.



4 years ago

Google says it resolves issues affecting YouTube, Gmail, Google Cloud in U.S.

Alphabet Inc's Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube.



4 years ago

U.S. stock futures, oil slide as trade wars stoke global recession fears

U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on mounting worries growing Sino-U.S. tensions and Washington's new tariff threats against Mexico could tip the global economy into a recession.



4 years ago

Germany's Infineon close to acquire Cypress Semiconductor: Bloomberg

German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmakerĀ at almost $10 billion, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-03/infineon-is-said-to-near-deal-to-acquire-cypress-semiconductor on Sunday.



4 years ago

U.S. stock futures, oil slide as trade wars stoke global recession anxiety

U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington's new tariff threats against Mexico could tip the global economy into a recession.



4 years ago

Germany's Infineon close to acquiring Cypress Semiconductor: Bloomberg

German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmakerĀ at almost $10 billion, Bloomberg reported on Sunday.



4 years ago