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Latest News on private equity markets

China's Huawei to sell undersea cable business, buyer's exchange filing shows

China's Huawei Technologies Co Ltd plans to sell its 51% stake in undersea telecommunications cable business Huawei Marine Systems Co Ltd, according to an exchange filing from the Chinese buyer on Monday.



4 years ago

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

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

Factory activity shrinks across Asia, stokes global recession fears

Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out more stimulus.



4 years ago

Huawei trade secrets lawsuit opens in Texas amid spying allegations

Huawei Technologies, the Chinese telecommunications equipment supplier fighting a U.S. sales ban, kicks off a trade secrets lawsuit in the United States on Monday against a former employee who has sought to turn the case into a referendum on Huawei's corporate behavior.



4 years ago

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal

Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million), LHV said on Monday.



4 years ago

Infineon to buy Cypress Semiconductors in 9 billion euros deal

Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said on Monday.



4 years ago

Reeling from tariff threat, Mexico begins immigration talks in Washington

Fighting to stave off punitive tariffs announced by U.S. President Donald Trump, a senior Mexican delegation was set to begin high level talks on Monday in Washington, where it will be pushed to do more to hold back Central American migrants.



4 years ago

Global recession fears grow as manufacturing shrinks across Asia

Factory activity contracted in most Asian countries last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers in the region and beyond to roll out more stimulus.



4 years ago

Sunrise takeover of Liberty Global unit under review by competition authorities

Sunrise Communications on Monday said the Swiss competition authorities have decided to "examine in detail" its planned $6.3 billion takeover of Liberty Global's Swiss UPC cable business.



4 years ago

Goldman Sachs to buy Capital Vision Services in $2.7 billion deal: WSJ

The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centers, in a deal valued at $2.7 billion including debt, the Wall Street Journal reported on Monday.



4 years ago

Oil prices extend drops as trade wars fan fears in financial markets

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



4 years ago

Malaysia Airlines says deliveries of 737 MAX jets could be delayed

Malaysia Airlines is looking at its order for 25 Boeing Co 737 MAX jets "very carefully" in light of the global grounding and plans for the first delivery in July 2020 could be delayed, the carrier's chief executive said on Monday.



4 years ago

Stocks, commodities slide as Trump's trade threats fan recession worries

U.S. stock futures and commodity prices slipped while bonds rallied on Monday on worries an intensifying Sino-U.S. trade tussle and Washington's new tariff threats against Mexico could tip the global economy into a recession.



4 years ago

Goldman Sachs sees U.S. trade war with China and Mexico escalating

Goldman Sachs economists said there was a 60% chance that the United States would slap tariffs on the final $300 billion of Chinese imports, up from their previous estimate of 40%.



4 years ago

Therapy in the office: banks take mental health fight in-house

In 'Billions', a U.S. television show set in the world of hedge funds, traders at the fictional Axe Capital regularly attend sessions with an in-house psychiatrist.



4 years ago