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Latest News on private equity markets

Macron calls for synergies, alliances' to strengthen Renault-Nissan

French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market.



6 years ago

Walmart aims to list minority stake in Japan unit Seiyu

Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant was looking to exit Japan where it has struggled to grow.



6 years ago

Japan financial watchdog mulls fine for Nissan over Ghosn pay issue

Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn's compensation, a source said.



6 years ago

Oil prices jump on U.S. crude stocks fall, major refinery outage

Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and industry data that showed U.S. crude stockpiles fell more than expected.



6 years ago

Japan's Abe hopes U.S., China resolve trade war through constructive talks

Japanese Prime Minister Shinzo Abe said on Wednesday that he hoped the United States and China would resolve their trade war through constructive dialogue when they meet at a gathering of leaders from the Group of 20 major economies.



6 years ago

Swiss ban planemaker Pilatus from operating in Saudi Arabia, UAE

The Swiss foreign ministry on Wednesday banned planemaker Pilatus from operating in Saudi Arabia and the United Arab Emirates, saying the company had breached rules on logistical support for foreign armed forces.



6 years ago

U.S. Treasury Secretary says U.S.-China trade deal is 90% done: CNBC

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the trade deal between the United States and China is "about 90%" complete, CNBC reported.



6 years ago

China's Alibaba aims to double Tmall brands with English portal

Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.



6 years ago

Fed's Powell resists pressure for hefty rate cut, sends global stocks down

Global stocks fell while the dollar rose on Wednesday as comments from U.S. Federal Reserve dampened excitement about an aggressive rate cut as early as July from the world's most important central bank.



6 years ago

Japan watchdog to recommend $24 million fine for Nissan over Ghosn pay: source

Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn's compensation, a source said.



6 years ago

Broadcom in EU antitrust spotlight, faces interim measures

EU antitrust regulators will investigate whether U.S. chipmaker Broadcom uses exclusivity restrictions to block rivals in the TV and modem chipsets markets, a move that could lead to hefty fines for the company and an order to end such practices.



6 years ago

China's Alibaba aims to double Tmall Global brands with English portal

Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.



6 years ago

Oil prices rise on drop in U.S. crude stocks, refinery outage

Oil prices rose on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and industry data that showed U.S. crude stockpiles fell more than expected.



6 years ago

Fate of opioid litigation hinges on government 'police power'

The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company can use a bankruptcy to stop lawsuits from cities and states?



6 years ago

Volkswagen's Traton expected to price IPO toward lower end of range: sources

Volkswagen's truck unit Traton is expected to price its initial public offering (IPO) this week toward the lower end of the marketing range, people close to the matter said.



6 years ago