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Latest News on private equity markets

Indian tribunal orders reinstatement of Mistry as chairman of Tata Sons

Cyrus Mistry, who has been embroiled in a legal battle with Tata Group since being ousted in 2016, won backing from a tribunal to be reinstated as executive chairman of its holding company, lawyers said on Wednesday.



5 years ago

Automakers to pay $3 billion in new U.S. tariffs under USMCA: budget estimate

U.S. President Donald Trump's rewrite of North American trade rules will cost automakers nearly $3 billion more in tariffs over the next decade for cars and parts that will not meet higher regional content requirements over the next decade, the Congressional Budget Office (CBO) estimates.



5 years ago

Workers are losing as much as $400 million annually in this tax-advantaged account

If you have a few dollars kicking around in that health-care flexible spending account, you have two weeks to use up your cash or lose it. Here's what you should know.

5 years ago

Dish chief Ergen says he asked for senator's help on T-Mobile/Sprint

Dish Network Corp Chairman Charlie Ergen testified on Wednesday that the Justice Department's antitrust chief advised him in May to ask a senator to speak to the Federal Communications Commission about approving a key piece of the merger of wireless carriers T-Mobile and Sprint .



5 years ago

Brazilian regulator says Vale dam near Brumadinho is structurally sound

A dam owned by iron ore company Vale SA that was the subject of an investigative report by a TV program last week is structurally sound and there is no reason for concern, Brazil's national mining regulator said late on Tuesday.



5 years ago

Daimler, BMW exiting North American car-sharing market

BMW AG and Daimler AG said Wednesday they plan to exit the North American car-sharing market and will halt operations in Montreal, New York, Seattle, Washington D.C. and Vancouver.



5 years ago

Swatch threatens to seek damages over Swiss antitrust agency's measures

Swatch Group threatened on Wednesday to pursue damages after it said the Swiss competition authority COMCO wants to prohibit the world's biggest watch maker from supplying watch mechanisms to other companies during 2020.



5 years ago

Dollar gains on Fed rates view, stocks falter

The dollar gained on Wednesday as improving economic data squashed the likelihood of a Federal Reserve interest rate cut in 2020, while a rally in global equity markets wavered as financials shares slipped.



5 years ago

Wall Street near flat amid economic optimism, FedEx swoon

The S&P 500 was little changed on Wednesday, hovering around all-time highs, as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares.



5 years ago

MetLife Inc to pay $10 million to settle securities violations: SEC

The U.S. Securities and Exchange Commission (SEC) said on Wednesday that MetLife Inc. has agreed to pay $10 million to settle securities violations.



5 years ago

Asian shares tiptoe higher, sterling wounded before BoE

Asian shares edged higher on Thursday amid growing confidence in the global outlook following improving economic indicators and a preliminary trade deal between the United States and China.



5 years ago

Dollar awaits impeachment vote, kiwi flies on GDP

The New Zealand dollar bounced from a one-week low on Thursday after the country's third quarter economic growth came in stronger than expected while greenback traders awaited a vote to impeach U.S. President Donald Trump.



5 years ago

McDonald's Peru operator shuts restaurants for inspection after employee deaths

All 29 McDonald's Peru locations will remain closed until its local operator Arcos Dorados Holdings Inc completes inspections following the deaths of two teenaged employees at the weekend, the franchisor said in a statement on Wednesday.



5 years ago

Wall Street pauses record-setting rally as FedEx shares tumble

The S&P 500 ended a five-day winning streak on Wednesday as investors' optimism about global economic growth was countered by a steep drop in FedEx Corp shares, but the benchmark index managed to hover near all-time highs.



5 years ago

Dish founder Ergen says he asked for senator's help on T-Mobile/Sprint

Dish Network Corp Chairman Charlie Ergen testified on Wednesday that the Justice Department's antitrust chief advised him on June 10 to ask a senator to speak to the Federal Communications Commission about approving a key piece of the merger of wireless carriers T-Mobile and Sprint .



5 years ago