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Latest News on private equity markets

How this money manager uses his military background to maximize returns

Several investing approaches yield strong returns. For Dryden Pence, the backbone of his strategy comes from his military background.

6 years ago

Nokia eyes Malaysian ports for 5G business as Huawei takes early lead

Nokia is targeting Malaysian ports in a bid to get a share of the country's fifth-generation (5G) technology market, as the Southeast Asian country prepares to launch the ultra-fast mobile internet service next year.



6 years ago

General Motors strike looms over U.S. October job growth

U.S. job growth likely slowed sharply in October, weighed down by a strike at General Motors , while the unemployment rate is expected to tick up from near a 50-year low of 3.5%.



6 years ago

Oil prices edge up, but set for big weekly loss on rising output, trade woes

Oil prices edged up on Friday after a difficult week, but were still headed for losses of about 4%, hit by a combination of rising global supply and uncertain future demand.



6 years ago

Asian shares at fresh three-month highs on China PMI surprise

Asian shares scaled three-month highs on Friday as a surprise bounce in Chinese manufacturing activity eclipsed doubts raised by a Bloomberg news report over whether the United States and China can reach a long-term trade deal.



6 years ago

Australia's Genex pumped hydro project funding falls through, shares tank

Australia's Genex Power Ltd on Friday said it won't be able to line up funding for its pumped hydro project until next year, after failing to sign a power sale agreement from the project.



6 years ago

South Africa's Taste Holdings plans to exit food business, sells Starbucks

South Africa's Taste Holdings said on Friday it had sold its Starbucks business for 7 million rand ($464,200) and was also considering selling others in its food business, including Domino's Pizza, as part of a new plan to become a luxury retail group.



6 years ago

Nissan appoints new CFO, says some senior managers to leave in latest shake-up

Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer, and said that some veteran executives including Hitoshi Kawaguchi were stepping down, marking the latest shake-up at the automaker.



6 years ago

South Africa's Taste Holdings to exit food business, sells Starbucks stores

Taste Holdings , owner of Starbucks and Domino's Pizza franchises in South Africa, said on Friday it was abandoning the food business, and had already sold its 13 stores of the coffee chain to a consortium for 7 million rand ($464,000).



6 years ago

Oil prices little changed but set for big weekly loss

Oil prices were little changed on Friday but set for a slide of about 4% on the week hurt by rising global supply and concerns about future demand.



6 years ago

Auto dealer Lookers expects profit to slump; top executives leave

British car dealership Lookers on Friday issued its second profit warning in less than four months and announced the departure of its two top executives.



6 years ago

Nissan names new finance chief, some managers to leave in latest shake-up

Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer and said Hitoshi Kawaguchi and other veteran executives were stepping down, a shake-up that one source said marked a "generational change" at the automaker.



6 years ago

China wind power firm plans $1 billion LNG terminal by end-2022

China's Suntien Green Energy Co. Ltd , a wind power producer and piped gas distributor, plans to build a $1 billion liquefied natural gas (LNG) receiving terminal in north China by end-2022, after its investment plans won state approval, a company official said.



6 years ago

China, U.S. maintain close contact on meeting of leaders: foreign ministry

China's Foreign Ministry said on Friday China and the United States have maintained close contact on a potential meeting of U.S. President Donald Trump and Chinese President Xi Jinping.



6 years ago

Singapore's Ascendas REIT to buy business parks from CapitaLand for $1.2 billion

Ascendas Real Estate Investment Trust said on Friday it is buying 30 business parks in the United States and Singapore for about S$1.66 billion ($1.22 billion) from its controlling unit holder CapitaLand Ltd .



6 years ago