Latest News on private equity markets

Judge rules against FERC's jurisdiction over PG&E power contract dispute

A judge in San Francisco has ruled that the Federal Energy Regulatory Commission has no jurisdiction over a dispute involving PG&E Corp's $42 billion worth of contracts with energy companies.



6 years ago

G20 agrees to push ahead with digital tax: communique

Group of 20 finance ministers agreed on Saturday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a copy of the bloc's draft communique obtained by Reuters showed.



6 years ago

IMF's Lagarde highlights potential disruptive nature of fintech

International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world's financial system.



6 years ago

Trump deal with Mexico a win for 'hostage-taking': former WTO chief

The migration deal imposed on Mexico this week by U.S. President Donald Trump under the threat of punitive tariffs was a victory for "hostage-taking" over international rules, a former head of the World Trade Organization (WTO) said on Saturday.



6 years ago

Trump says he is confident Mexico will enforce new immigration deal

U.S. President Donald Trump on Saturday predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border to stem Central American migrants trying to reach the United States.



6 years ago

Trump is confident Mexico will enforce new immigration deal

U.S. President Donald Trump on Saturday predicted Mexico would strongly enforce a new deal under which it agreed to expand a controversial asylum program and boost security on its southern border to stem Central American migrants trying to reach the United States.



6 years ago

Raytheon and United Technologies in talks to merge: WSJ

Raytheon Co and United Technologies Corp are in talks to merge in an all-stock deal, the Wall Street Journal reported on Saturday, citing a person familiar with the matter.



6 years ago

United Technologies nears deal to merge aerospace unit with Raytheon: sources

United Technologies Corp is nearing a deal to merge its aerospace business with U.S. defense contractor Raytheon Co and form a new company worth well over $100 billion, a person familiar with the matter said on Saturday.



6 years ago

Asia shares dazed by trade uncertainty, U.S. jobs risks

Asian share markets dithered on Friday as investors waited for concrete signs of progress in the U.S.-Mexican trade standoff, while bracing for a U.S. jobs report that could sway the course of interest rates there.



6 years ago

Former HP boss Whitman says 'not protecting herself' in Autonomy fraud allegation

Former Hewlett-Packard boss Meg Whitman denied on Thursday she was trying to protect her own reputation when she accused the leaders of Autonomy, the British software firm HP acquired in 2011, of a fraud that inflated its value by $5 billion.



6 years ago

Toyota to tie up with China's CATL to accelerate electrification: Nikkei

Toyota Motor Corp will tie up with leading Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL), in a move to accelerate the electrification of its products, the Nikkei newspaper said on Friday.



6 years ago

Strong U.S. jobs growth expected in May, trade tensions a threat

U.S. job growth likely increased solidly in May, with wage gains expected to pick up, showing strength in the labor market before an escalation in trade tensions that analysts have cautioned could pressure an already slowing economy.



6 years ago

Google flags U.S. national security risks from Huawei ban: FT

Alphabet Inc's Google has warned if the U.S. administration moves ahead with sweeping ban on Huawei Technologies Co Ltd, it risks compromising national security, the Financial Times reported on Thursday.



6 years ago

Walmart relaunches service to deliver groceries to shoppers' refrigerators

Walmart Inc will restart a service that offers the delivery of groceries directly to shoppers' refrigerators - part of its attempts to find unconventional ways to offer cheap and rapid delivery of online orders.



6 years ago

Sanofi appoints Paul Hudson as CEO to replace retiring Brandicourt

French pharma giant Sanofi appointed Paul Hudson as chief executive to replace Olivier Brandicourt, who will retire in September, the company said on Friday.



6 years ago