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Latest News on private equity markets

Australian regulator investigates Westpac directors, executives after scandal

Australia's banking regulator will use its increased investigative powers for the first time to examine whether Westpac Banking Corp directors and executives broke the law as part of the bank's money laundering scandal.



5 years ago

Amazon blocks sellers from using FedEx for some Prime shipments

Amazon.com Inc is temporarily blocking third-party sellers from using FedEx Corp's ground delivery network to handle Prime shipments as it strives to hit accelerated delivery deadlines this holiday season.



5 years ago

Asian stocks ride Wall Street momentum to eight-month peak, pound slips

Asian shares rose to their highest in eight months on Tuesday, as trade deal optimism and Wall Street's streak to all-time highs supported sentiment, while familiar fears of a hard Brexit knocked the pound.



5 years ago

Sacklers withdrew over $10 billion in a decade from Purdue Pharma: NYT

The Sackler family - owners of Purdue Pharma - transferred more than $10 billion in a decade from the OxyContin maker to its trusts and holding companies, the New York Times reported on Monday, citing a new audit commissioned by the drugmaker.



5 years ago

Goldman Sachs says it will support 'green' initiatives more forcefully

Goldman Sachs Group Inc outlined plans on Monday to put money and advice toward projects that fight climate change or help financially disadvantaged people, with executives arguing it is not only the right thing to do but can generate income.



5 years ago

Oil hovers near three-month high on trade optimism, supply cuts

Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trade deal is in the pipeline and set to stoke oil demand in the world's biggest economies.



5 years ago

Boeing's 737 crisis deepens as production stops for first time in two decades

Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020.



5 years ago

Factbox: Boeing's changing schedule for 737 MAX fix, return to service

Boeing Co on said Monday it would suspend production of its best-selling 737 MAX jetliner in January, the firm's biggest assembly-line halt in more than 20 years, as repercussions of two fatal crashes of the now-grounded aircraft drag into 2020.



5 years ago

SoftBank's Son says Japan should make AI mandatory subject for college students

SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday Japan should make artificial intelligence (AI) a mandatory subject for college entrance exams, to counter the yawning gap with the United States and China in the nascent field.



5 years ago

Explainer: How the 737 MAX production freeze affects airlines across the globe

Boeing Co has decided to suspend production of its best-selling 737 MAX model from January, the plane maker's biggest assembly-line halt in more than 20 years, as repercussions from two deadly crashes drag into 2020.



5 years ago

Oil poised near three-month highs on U.S.-China trade hopes, supply cuts

Oil prices trickled a fraction lower on Tuesday but remained near a three-month high 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

Aramco indicative share price up slightly to 37 riyals

Saudi Aramco's shares went up slightly to 37 Saudi riyals ($9.87) in a pre-market auction on Sunday, Refinitiv data showed, putting the company's market value slightly below $2 trillion.



5 years ago

Exclusive: China's BAIC raising Daimler stake to unseat Geely as top shareholder - sources

Daimler's main China joint venture partner BAIC Group has set in motion a plan to double its stake to around 10% and win a board seat in the German luxury car maker, as it aims to upstage rival Geely, two sources told Reuters.



5 years ago

Aramco shares inch up in early Sunday trade

Saudi Aramco shares were up 1% at 37.2 riyals ($9.89) in early trade on Sunday.



5 years ago

Villains or visionaries? Hedge funds short companies they say 'greenwash'

Tens of trillions of global investment dollars are pouring into companies touting robust environmental, social and governance credentials. Now short-sellers spy an opportunity.



5 years ago