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Latest News on private equity markets

Boeing 737 MAX freeze divides suppliers into haves and have-nots

Boeing Co's decision to suspend aerospace's biggest production line exposes contrasts in the U.S.-dominated 737 MAX supply chain, severely straining some niche machine shops while giving engine giants time to iron out their own wrinkles.



5 years ago

PG&E submits multi-party proposal for California wildfires

PG&E Corp said on Tuesday it submitted a multi-party settlement agreement related to the 2017 and 2018 wildfires in Northern California to the California Public Utilities Commission (CPUC).



5 years ago

FedEx cuts 2020 profit forecast - again - as seven-day delivery costs weigh

FedEx Corp on Tuesday issued its second warning for fiscal 2020 profit as it spent heavily to launch Sunday delivery in time for the holidays, the continued tariff fight restrained global trade, and it grappled with fallout from its breakup with Amazon.com.



5 years ago

Producer on U.S. TV show '60 Minutes' sues CBS for alleged gender discrimination

An associate producer on the CBS current affairs TV show "60 Minutes" filed a lawsuit on Tuesday alleging gender discrimination and retaliation by the company after she complained about inappropriate conduct by her boss.



5 years ago

U.S. judge approves PG&E deal with California wildfire victims; stock jumps

A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from bankruptcy in June as planned.



5 years ago

Irish plane lessor sues Boeing for 737 MAX-related losses

An Ireland-based plane lessor sued Boeing Co on Tuesday for breaching a contract for 22 of the U.S. planemaker's 737 MAX aircraft and sought a compensation of $185 million.



5 years ago

Oil dips after U.S. stock build, but demand hopes support

Oil retreated on Wednesday after rising more than 1% in the previous session as U.S. industry data showed a surprise build in crude stocks, but hopes for firmer demand next year checked a deeper fall in prices.



5 years ago

Asia shares eke out another peak, pound fears Brexit redux

Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to bite it.



5 years ago

Asia shares take a breather, pound can't shake Brexit jinx

Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived Brexit fears came back to haunt it.



5 years ago

Asian stocks ride Wall Street wave to 18-month peak, pound slips

Santa came early to Asia's stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street's rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling.



5 years ago

Boeing's production pause will not end 737 Max cash burn: analysts

Boeing Co is expected to continue burning cash despite pausing production of its 737 MAX jet, as it will leave its workforce intact and likely provide support to suppliers, analysts said.



5 years ago

Another Credit Suisse senior manager was followed: NZZ

Another senior Credit Suisse executive was followed over three days in February, the Neue Zuercher Zeitung reported, suggesting the shadowing of former wealth management boss Iqbal Khan was not an isolated incident as the Swiss bank has said.



5 years ago

Credit Suisse executive tailed by private investigators: paper

Another senior Credit Suisse executive was followed this year, the Neue Zuercher Zeitung reported, suggesting the surveillance of former wealth management boss Iqbal Khan was not an isolated incident as the Swiss bank has said.



5 years ago

Oil prices climb on U.S.-China trade hopes, supply cuts

Oil prices climbed higher on Tuesday as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline, set to stoke oil demand in the world's biggest economies.



5 years ago

Toyota expects 2020 global car sales to stay at record-high levels

Toyota Motor Corp expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world's top car markets.



5 years ago