Latest News on private equity markets

At Exxon, CEO's promised turnaround sapped by chemicals, refining

At Exxon Mobil Corp, CEO Darren Woods' plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining.



6 years ago

Coronavirus outbreak may disrupt Apple's iPhone production ramp up plans: Nikkei

Apple Inc's plan to ramp up iPhone production by 10% in the first half of this year may hit a roadblock as the coronavirus outbreak spreads across China, the Nikkei Asian Review reported on Tuesday.



6 years ago

Coronavirus infects Asia stocks with exposure to China

Shares of companies highly exposed to China's economy tumbled across Asia on Tuesday on rising concern about the impact of global travel bans associated with a new virus outbreak, and even as some stocks involved in preventative health spiked.



6 years ago

Sainsbury's Coupe says exit not due to failure of Asda deal

The boss of British supermarket group Sainsbury's , Mike Coupe, said he was not stepping down in May because of his failure to buy rival Asda last year.



6 years ago

Airbus agrees to settle corruption probes with U.S., France, UK

Airbus has agreed in principle to a settlement with French, British and U.S. authorities over an investigation into allegations of bribery and corruption, it said on Tuesday.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years 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.



6 years ago