Latest News on private equity markets

Asian shares turn red as Hong Kong tumbles on China virus

Asian shares erased earlier gains on Wednesday, swinging into negative territory as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and fueled fears about the economic impact of the outbreak.



5 months ago

Foxconn says plans in place to meet production obligations after virus outbreak

TAIPEI - Apple Inc supplier Foxconn said it could continue to meet all manufacturing obligations in the wake of a coronavirus outbreak in China even as the iPhone maker flagged uncertainty created by the disease.



5 months ago

Oil gains amid assessment of China virus impact, possible OPEC supply cuts

Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day rout on talk that OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles also helped steady prices.



5 months ago

Oil falls for sixth day as China virus raises global growth, demand concerns

Oil futures fell for a sixth session on Tuesday as the spread of a new virus in China and several countries raised concerns about a hit to economic growth and oil demand.



5 months ago

Business survey suggests U.S. labor market may have peaked

There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the labor market has likely peaked and job growth could slow this year.



5 months ago

Stocks, oil prices skid as China virus fears drive investors to safe havens

Shares tumbled on Monday as investors grew increasingly anxious about the economic impact of China's spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes.



5 months ago

Oil slumps further as China virus spreads

Crude prices fell more than 2% to multi-month lows on Monday as the rising number of cases of the new coronavirus in China and city lockdowns there deepened concerns over oil demand.



5 months ago

Oil drops below $60 as China virus drives demand concern

Crude prices extended declines on Monday, dropping below $60 for the first time in nearly three months as the death toll from China's coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand.



5 months ago

AbbVie-Allergan $63 billion deal aided by Nestle, AstraZeneca buys

U.S. drugmaker AbbVie's $63 billion tie-up with Allergan is getting help from Nestle and AstraZeneca buying up products the Irish-domiciled company is shedding to placate regulators.



5 months ago

Stocks, oil hit by China virus fears, safe havens gain

World shares fell to their lowest in two weeks on Monday as worries grew about the economic impact of China's spreading coronavirus with demand spiking for safe-haven assets such as Japanese yen and Treasury notes.



5 months ago

Capgemini passes first hurdle in Altran bid despite Elliott resistance

French consulting and IT services provider Capgemini succeeded in securing more than half of the capital of smaller rival Altran Technologies, the French market regulator AMF said on Monday, marking a win against U.S. activist fund Elliott.



5 months ago

EU antitrust regulators to rule on $69 billion Aramco-SABIC deal by February 27

EU antitrust regulators will decide by Feb. 27 whether to clear state energy firm Saudi Aramco's $69.1 billion acquisition of world number four petrochemicals group Saudi Basic Industries Corp (SABIC), a European Commission filing showed.



5 months ago

Trump's 'massive' U.S.-UK trade deal faces big hurdles

Britain is the United States' closest ally but their long friendship may be sorely tested as the two countries try to forge a new trade agreement after Britain's exit from the European Union.



5 months ago

India renews push to sell Air India, puts entire stake on the block

India said on Monday it plans to sell its entire interest in Air India Ltd, making a renewed push to sell the flag carrier after it drew no bids in an effort to auction a majority stake almost two years ago.



5 months ago

Futures tumble on fears of financial hit from China virus

U.S. stock index futures fell sharply on growing concerns about the financial fallout of a fast-spreading coronavirus outbreak in China as the country extended the Lunar New Year holidays and more big businesses shut down.



5 months ago