Latest News on private equity markets

Mexico's America Movil fined 1.3 billion pesos by telecoms regulator

America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said in a regulatory filing on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.



5 months ago

Crowded Lagos to ban motorbikes from most of Nigerian metropolis

Nigeria's business capital of Lagos will ban commercial motorcycles from operating in large parts of the city, the state government announced on Monday, a move that could change the commute for thousands and threaten ride-hailing startups.



5 months ago

Former Boeing CEO Muilenburg resigns from Caterpillar board

Caterpillar Inc said on Monday former Boeing Co Chief Executive Officer Dennis Muilenburg had resigned from its board.



5 months ago

Mexico's America Movil fined by regulator; calls it 'illegal and disproportionate'

America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico's telecoms regulator.



5 months ago

Asian shares, bond yields fall as deadly coronavirus spreads

Asian shares slipped again on Tuesday as China took more drastic steps to combat the coronavirus, while bond yields fell globally on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.



5 months ago

Beer, wine, spirit makers pledge age-restriction labels on drinks

Twelve leading beer, wine and spirits companies have pledged to put clear age-restriction labels on their drinks and set tighter controls on access to their online content in a bid to reduce underage drinking.



5 months ago

Whirlpool forecasts 2020 largely above estimates as profit beats

Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.



5 months ago

Britain seeks Huawei 'solution' as U.S. pressure mounts

Prime Minister Boris Johnson will meet senior ministers on Tuesday to decide whether to allow the use of equipment made by China's Huawei in Britain's future 5G mobile network.



5 months ago

As Britain decides, Europe grapples with Huawei conundrum

Britain's decision on whether to allow Huawei to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology.



5 months ago

Sainsbury's targets 2040 for net zero emissions, criticizes UK goal

Sainsbury's committed itself on Tuesday to have net zero greenhouse gas emissions by 2040, a decade ahead of the British government's own target which it said "isn't soon enough".



5 months ago

Stocks crumble as deadly coronavirus spreads, safe havens in demand

Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat the coronavirus, while bonds found favor on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.



5 months ago

BCSC seeks insights through two new stakeholder forums

BC Securities Commission | Release | Jan 27, 2020 Vancouver – The British Columbia Securities Commission (BCSC) is seeking input from interested stakeholders through two new advisory groups. Last week, the BCSC held the first meeting of its Corporate Finance Stakeholder Forum, which will help ensure that the Commission’s regulation of issuers is efficient and

5 months ago

Stocks crumble as China virus toll mounts, safe havens in demand

Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat a deadly new coronavirus, while bonds shone on expectations central banks would need to keep stimulus flowing to offset the likely economic drag.



5 months ago

Renault, Nissan chief engineers to meet, revive R&D projects: sources

Renault's engineering boss will meet his counterpart at Nissan in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair.



5 months ago

Powerball jackpot surges to $394 million. Why taking a lump sum may backfire

The winner would face some key decisions that should be made before heading to lottery headquarters to claim their windfall, including whether to take the cash option or go with an annuity.

5 months ago