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Latest News on private equity markets

Judge dismisses defunct startup Sidecar's 2018 lawsuit against Uber

Uber Technologies Inc on Tuesday prevailed in a lawsuit accusing it of driving a smaller rival out of business through predatory pricing and other anticompetitive practices.



5 years ago

Yen supported, yuan frail on coronavirus concerns

The yen was supported while the yuan was on the back foot on Wednesday as investors tried to assess the risk of the outbreak of a new coronavirus in China disrupting the country's economy and trade partners.



5 years ago

GM's Cruise unit unveils driverless vehicle for ride-sharing service

General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled an electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service, but did not say when it would go into production.



5 years ago

Yuan, Australian dollar struggle to wipe off coronavirus concerns

The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the U.S.-China trade war.



5 years ago

China stocks tumble on virus outbreak, but regional markets steady

Asian stock markets bounced on Wednesday as China's response to a virus outbreak tempered fears of a global pandemic, although Shanghai shares slipped amid worries about a hit to domestic demand and tourism.



5 years ago

Netflix forecasts tough start to 2020; Disney+ going global

Netflix Inc has entered a new year that will be far tougher than the one it left behind.



5 years ago

Oil falls again as ample global supply seen offsetting Libyan outage

Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.



5 years ago

Airlines scour the world for scarce 737 MAX simulators

Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended pilots be trained in one of the few simulators replicating the latest model.



5 years ago

GM's Cruise unit unveils driverless prototype vehicle for ride-sharing service

General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled a prototype electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service.



5 years ago

Oil declines as market surplus forecast counters Libya worries

Oil prices eased on Wednesday, extending declines as the International Energy Agency (IEA) forecast a market surplus in the first half, helping ease concerns about disruptions that have slashed Libya's crude output.



5 years ago

Climate change pushes investors to take their temperature

Move over revenue growth and dividend payouts: it's time to take your portfolio's temperature.



5 years ago

Asia shares pause near high ground, oil jumps on Libya shutdown

Asian shares held near a 20-month top on Monday even as investors took some money off the table following a strong run recently, while oil jumped to more than a one-week high after two large crude production bases in Libya began shutting down.



5 years ago

Oil rises to more than a week high after Libyan outage

Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, setting the stage for crude flows from the OPEC member to be cut to a trickle.



5 years ago

Subaru sets mid-2030s target to sell only electric vehicles

Japan's Subaru Corp set a target on Monday to sell only electric vehicles worldwide by the first half of the 2030s, in a move toward its long-term goal of a carbon-free society.



5 years ago

China calls on Canada to release Huawei executive Meng

China urged Canada on Monday to release detained Huawei Technologies executive Meng Wanzhou as soon as possible.



5 years ago