Latest News on private equity markets

Doctors face pay cuts, furloughs and supply shortages as coronavirus pushes primary care to the brink

Shrinking and disappearing doctors' offices could trigger public health crises as sick patients go untreated and children do not receive important vaccines.

5 years ago

Toyota, Nissan and Honda gear up for Mexico reboot after COVID-19 lockdowns

Japanese automakers Toyota, Nissan and Honda said they are gradually restarting in Mexico as the nation's automotive industry reboots in line with a broader economic reopening, despite still-high numbers of new coronavirus cases.



5 years ago

Volkswagen Mexico won't talk of restart while state decree in place

German automaker Volkswagen said on Monday it had satisfied federal requirements to resume production in Mexico but would not make announcements about renewing operations as long as a decree in the state of Puebla remains in effect.



5 years ago

UBS announces global financing team

UBS said on Monday it has created a new global financing team, a group that will span across divisions under one group in order to serve clients in a faster and simpler fashion.



5 years ago

Nissan and Renault shelve merger plans to repair their alliance: sources

Renault and Nissan have shelved plans to push towards the full merger former leader Carlos Ghosn craved and will instead fix their troubled alliance to try to recover from the coronavirus pandemic, five senior sources told Reuters.



5 years ago

Germany still in talks with EU over Lufthansa bailout, expects green light: Altmaier

Germany is still in talks with the European Commission over its rescue package for flagship carrier Lufthansa , Economy Minister Peter Altmaier said on Monday, adding that Berlin expected Brussels to give the green light for the bailout.



5 years ago

Walmart de Mexico says it has paid $358 million to tax authorities

Mexico's biggest retailer, Walmart de Mexico, said on Monday that it had paid 8.08 billion pesos ($358 million) to Mexican tax authorities in relation to its sale of a restaurant division and other matters.



5 years ago

Japan shares reach 10-week high, look past Sino-U.S. tension

Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade tensions to a re-opening world economy.



5 years ago

Michelin says its Mexican plants have resumed operations

French tire maker Michelin resumed operations at its two plants in Mexico on Monday, saying that activity will be staggered at first.



5 years ago

Samsung Group heir questioned by prosecutors over contentious 2015 deal

Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group's affiliates, Yonhap News Agency said.



5 years ago

Japan shares hit 10-week peak, S&P 500 tests 3,000

Asian shares forged ahead on Tuesday while U.S. stock futures challenged a major chart barrier as investors looked past Sino-U.S. trade tensions to more stimulus in China and a re-opening world economy.



5 years ago

Chile's Latam Airlines Group hires PJT Partners to restructure debt: report

Chile's Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries, Brazilian newspaper O Estado de S. Paulo reported late on Monday.



5 years ago

Exclusive: Cathay Pacific's brand merger hits roadblock from China's aviation regulator - sources

China's aviation regulator may make it difficult for Hong Kong's Cathay Pacific Airways Ltd to merge regional arm Cathay Dragon into its main brand because of infractions during last year's pro-democracy protests, two sources said.



5 years ago

Walmart's Mexico unit pays scaled-down tax of $358 million after government talks

Walmart de Mexico paid $358 million in taxes after talks with the Mexican government over an even larger sum authorities had aimed to charge the retailer for the sale of a restaurant chain, the company said on Monday.



5 years ago

Why AI-driven financial advice is getting regulators’ attention

The Globe and Mail | Patricia Chisholm | May 22, 2020 The emerging use of artificial intelligence (AI) to support or even replace human financial advisors is attracting the attention of regulators – mainly in Britain but also in Canada. While they’re broadly supportive of AI as a cost-efficient tool to broaden the reach of

5 years ago