Latest News on private equity markets

World shares fell on Thursday, led by the biggest tumble in Chinese stocks in more than eight months, as concern mounted about a new coronavirus outbreak in China.

Lawyers for Huawei Chief Financial Officer Meng Wanzhou will respond Thursday to the Canadian prosecutor's arguments calling for Meng to be extradited to the United States on bank fraud charges.

A group of Blue Cross Blue Shield insurers is investing $55 million in a new venture with a non-profit generic drug manufacturer to try to offer cheaper prices on pharmacy drugs to their members, the companies said on Thursday.

JetBlue Airways Corp saw a slight rise in quarterly profit in the three months to end December after delivering on a three-year cost-cutting drive designed to enable low-cost airfares over the next decade, it said on Thursday.

Morrisons , Britain's No. 4 supermarket group, plans to cut 3,000 management jobs as part of a major restructuring of its workforce that will see 7,000 store jobs created, it said on Thursday.

The euro remained stuck in its recent trading range on Thursday before the European Central Bank's meeting, while China's yuan dropped on fears about the spread of a virus.

Fiat Chrysler's Jeep Grand Cherokee and Suzuki's Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on Thursday.

Procter & Gamble Co reported lower-than-expected quarterly sales on Thursday, its first miss in five quarters, hurt by a stronger dollar, sending its shares down about 2%.

Comcast Corp's bid to counter cord-cutting with profitable broadband customers continued to pay off in the fourth quarter, as the company on Thursday beat Wall Street's revenue and profit estimates.

Goldman Sachs CEO David Solomon spoke with CNBC's "Squawk Box" from the World Economic Forum in Davos, Switzerland.

Procter & Gamble Co reported quarterly sales that fell short of analysts' estimates for the first time in over a year, hurt by weakness in its baby and feminine care business, which sells everything from Tampax tampons to Pampers diapers.

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

U.S. railroad operator Union Pacific Corp reported a lower-than-expected quarterly profit, as freight volumes of agricultural products and energy shipments fell.

American Airlines Group Inc edged past Wall Street estimates for quarterly profit on Thursday, as strong travel demand and lower fuel costs cushioned the U.S. carrier from flight cancellations due to the 737 MAX grounding.

JetBlue Airways Corp said on Thursday it had shaved $314 million off its cost base over the past three years, delivering on a cost-cutting drive designed to enable budget-friendly airfares over the next decade. Curbing costs is a priority for many companies, but particularly for airlines like JetBlue, where costs have been rising faster than for many peers and whose business model depends on fares that can compete with legacy airlines.