Latest News on private equity markets

Union says engineers ratify, technical workers reject Boeing contract offers

The union that represents thousands of Boeing Co employees said late on Monday that a four-year contract extension offer was ratified by engineers but rejected by technical workers.



6 years ago

U.S. clears Infineon's $10 billion takeover of Cypress

Shares in Infineon Technologies rallied in early trading on Tuesday after a U.S. national security review raised no concerns over its proposed $10 billion takeover of Cypress Semiconductor Corp .



6 years ago

Stock markets and oil markets bounce after brutal flooring

Oil and equity markets staged solid rebounds on Tuesday after the previous day's pummelling, with signs of co-ordinated action by the world's biggest economies to cushion the economic impact of coronavirus helping pull investors out of panic mode.



6 years ago

Exclusive: Nissan to pull out of venture fund with Renault in cost-cutting drive, sources say

Nissan Motor Co is likely to pull out from a venture capital fund it runs with alliance partners Renault SA and Mitsubishi Motors, as part of the Japanese automaker's drive to cut costs and conserve cash, two sources said.



6 years ago

Stock futures rebound as stimulus hopes calm recession worries

U.S. stock index futures rose more than 4% on Tuesday, rebounding from a 7% slump a day earlier, as hopes of coordinated policy action soothed investor nerves over a global recession fueled by the coronavirus epidemic.



6 years ago

Uber's challenge to balance driver safety with customer privacy

Margaret Bordelon can still feel the hands of the drunk man who tried to pull her in for a kiss at the end of his Uber ride last September in Lafayette, Louisiana.



6 years ago

Exclusive: U.S. sanctions have idled a quarter of Iranian oil rigs

At least a quarter of Iran's oil rigs are out of action as U.S. sanctions strangle the Islamic Republic's vital oil industry, according to a Reuters review of financial documents and industry sources, dealing a potentially long-term blow to its oil industry.



6 years ago

Exclusive: Aon alleges fraud in arbitration over $300 million Brazilian deal: documents

British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ($300 million) deal, according to arbitration and court documents reviewed by Reuters.



6 years ago

Oil jumps after rout on stimulus hopes but price war weighs

Oil prices jumped by around 4% on Tuesday after the biggest one-day rout in nearly 30 years, as investors eyed the possibility of economic stimulus, although a looming price war weighed on sentiment.



6 years ago

Saudi Arabia, Russia raise stakes in oil standoff

Saudi Arabia said on Tuesday it would increase its crude oil supply to a record high, raising the stakes in its price war with Russia and effectively rejecting Moscow's overtures for new talks.



6 years ago

Iraq in touch with OPEC+ to discuss oil price fall: ministry

Iraq is in touch with other OPEC+ members to discuss ways to stop an oil price collapse, the oil ministry said on Tuesday, adding that flooding markets was not in the best interest of producing countries.



6 years ago

Russia's energy ministry calls meeting with oil companies on Wednesday: sources

The Russian Energy Ministry has called a meeting with oil companies on Wednesday to discuss future cooperation with the Organization of the Petroleum Exporting Countries, among other issues, two sources familiar with the plan told Reuters.



6 years ago

Do's and dont's to avoid panic about your 401(k)

With the market's roller-coaster ride, long-term investors who have their money in retirement accounts should not panic. Rather, consider taking these proactive steps — some do's and don'ts — right now.

6 years ago

Coronavirus detected at Apple's European HQ in Ireland

A worker at Apple Inc.'s European headquarters in Ireland has tested positive for coronavirus.



6 years ago

Oil jumps after rout on stimulus hopes, Russian signal on OPEC talks

Oil prices jumped by around 8% on Tuesday a day after the biggest rout in nearly 30 years as investors eyed the possibility of economic stimulus and Russia signalled that talks with OPEC remained possible.



6 years ago