Latest News on private equity markets

Australia's Westpac hires 'Mack the knife' McFarlane to chair crisis-hit bank

Australia's Westpac Banking Corp named a former Barclays boss as chairman on Thursday, entrusting veteran banker John McFarlane with the task of steering it through the country's biggest money-laundering scandal.



6 years ago

Yen jumps and yuan sags on Chinese virus fears

The Japanese yen strengthened and China's yuan fell to a two-week low on Thursday as investors grew more anxious about the spread of a virus in China, while the euro was calm ahead of the European Central Bank meeting.



6 years ago

Britain to United States: We want a trade deal and a digital tax

Britain wants a trade deal with the United States but will impose a digital service tax on the revenue of companies such as Google, Facebook and Amazon, business minister Andrea Leadsom said on Thursday.



6 years ago

Virus fears keep stocks red; ECB gets ready to rethink

World shares fell on Thursday, led by the biggest decline in Chinese stocks in more than eight months, as concern mounted about the spread of a deadly virus in China.



6 years ago

Volkswagen CEO - Luca de Meo is probably in talks with Renault: CNBC

The chief executive of Volkswagen told CNBC that Luca de Meo, who earlier this month stepped down as chief executive of the German carmaker's Spanish Seat brand, was probably in talks with Renault .



6 years ago

Volkswagen CEO: Seat's de Meo probably in talks with Renault - CNBC

The chief executive of Volkswagen said Luca de Meo, who stepped down as chief executive of the German carmaker's Spanish Seat brand this month, was probably in talks with French carmaker Renault .



6 years ago

CITIC Capital bidding for 22% McDonald's China stake: chief

Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald's Corp's mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday.



6 years ago

Oil falls as spectre of China virus looms over fuel demand

Oil prices fell on Thursday on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago.



6 years ago

Mexico goes ghost as its oil hedge bill spirals

Mexico is playing a risky game of hide and seek with the oil market.



6 years ago

Southwest quarterly profit falls on mounting 737 MAX costs

Southwest Airlines Co reported a 21% fall in fourth-quarter profit on Thursday due to Boeing 737 MAX costs and warned that it will likely extend flight cancellations beyond June as the jets look set to remain parked well into this year.



6 years ago

Dutch road authority finds Jeep, Suzuki models broke emissions rules

The Dutch road authority has recalled Jeep Cherokees throughout Europe for a software update, it said on Thursday, after completing an investigation into fraudulent emissions strategies by Suzuki and Jeep diesel models.



6 years ago

Wall Street's next trading innovation: Airline fares derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

6 years ago

United States cautions Britain over Huawei

The United States cautioned Britain ahead of a decision by Prime Minister Boris Johnson on what role Huawei will have in 5G telecommunications networks that Washington still had significant concerns about the Chinese telecoms behemoth.



6 years ago

Wall Street's next trading innovation: Airfare derivatives

Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against any drop in ticket prices.

6 years ago

Insys founder faces stiff prison sentence, $100 million-plus in forfeiture

John Kapoor, the founder of Insys Therapeutics Inc, on Thursday could be sentenced to several years in prison and ordered to forfeit up to $113 million for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.



6 years ago