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Latest News on private equity markets

Canada set to approve hotly-debated pipeline expansion, Trudeau unlikely to benefit

Canada looks set to approve a hotly-debated plan to expand an oil pipeline this week, people familiar with the process told Reuters, but the move is unlikely to help Prime Minister Justin Trudeau rebuild flagging support ahead of an October election.



5 years ago

Boeing says will take time to win back confidence

The head of Boeing Co said on Sunday the U.S. planemaker had made a mistake in implementing a cockpit warning system on the 737 MAX and predicted it would take time to rebuild the confidence of customers in the wake of two fatal crashes.



5 years ago

Canada backs startup to boost data on space debris

The Canadian government's contracting arm is backing a proposed new satellite system that will use big data analytics to provide commercially available data about the Earth and its orbit amid growing concerns about the risks posed by space debris.



5 years ago

Goldman skeptical of 'insurance' U.S. rate cuts from Fed

Goldman Sachs economists said on Sunday they are skeptical of "insurance" U.S. interest rate decreases from the Federal Reserve to forestall possible slowing in U.S. economic growth due to global trade tensions.



5 years ago

Deutsche Bank to shrink or shut U.S. equity and trading businesses: FT

Deutsche Bank is planning to overhaul its trading operations, including the creation of a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday.



5 years ago

Deutsche Bank to set up 50 billion euro bad bank: FT

Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday.



5 years ago

Goldman Sachs combining its private-investing units: WSJ

Wall Street bank Goldman Sachs Group Inc is combining its private-investing arms, with the resulting new division to have about $140 billion in assets, the Wall Street Journal reported on Sunday, citing people familiar with the matter.



5 years ago

Huawei prepares for 40%-60% fall in international smartphone shipments: Bloomberg

Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported on Sunday.



5 years ago

Long-awaited London-Shanghai share listing project goes live

Companies listed in Britain will be able to sell shares in China on Monday with the launch of a long-awaited London-Shanghai Stock Connect project that finance minister Philip Hammond called a chance to deepen "global connectivity".



5 years ago

U.S. chipmakers quietly lobby to ease Huawei ban: sources

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.



5 years ago

Goldman Sachs is reportedly combining 4 private-investing units with $140 billion in total assets

The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its stagnant stock price.

5 years ago

Workers at VW's Tennessee plant vote against union representation

Workers at Volkswagen AG's assembly plant in Chattanooga, Tennessee, have voted against union representation, the German automaker and the United Auto Workers (UAW) union said on Friday.



5 years ago

Nissan considers giving Renault some seats on oversight committees: Kyodo

Nissan Motor Co is considering giving its alliance partner Renault SA some seats on planned oversight committees after the French automaker expressed discontent with the envisioned governance reform, Kyodo news reported on Friday, citing people close to the matter.



5 years ago

VW's Tennessee workers vote against union representation

Workers at Volkswagen AG's assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers' (UAW) efforts to unionize a foreign automaker's plant in the U.S. South.



5 years ago

Court grants American Airlines' request to end 'devastating' slowdown by unions

A U.S. federal court on Friday granted American Airlines Group Inc's request to halt an alleged illegal slowdown by its mechanics' unions that the airline said had become "devastating" to its operations.



5 years ago