Latest News on private equities market

India says Deloitte misreading law in challenging government's call for ban

India has told a tribunal the local auditing affiliate of international accounting group Deloitte Touche Tohmatsu is misreading a key federal law as the firm seeks to avoid a five-year ban on new business, according to legal documents reviewed by Reuters on Sunday.



6 years ago

American Airlines extends Boeing 737 MAX cancellations for fourth time

American Airlines Group Inc said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co 737 MAX jets.



6 years ago

U.S. Fed seen launching repo facility in early 2020: Deutsche Bank

The Federal Reserve may launch a policy tool to lend to banks using Treasuries and other securities as collateral in early 2020 with possible testing to begin later this year, a Deutsche Bank strategist said.



6 years ago

GSK in talks to name HSBC's Symonds as its next chairman: Bloomberg

GlaxoSmithKline Plc is in talks to name HSBC's deputy chairman Jonathan Symonds as the next chairman of the British drugmaker, Bloomberg reported on Sunday, citing a person familiar with the matter.



6 years ago

Pharma firm Gilead to raise Galapagos stake in $5.1 billion deal

Gilead Sciences Inc will invest $5.1 billion to increase its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday.



6 years ago

Gilead deepens Galapagos ties with $5.1 billion deal

Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday.



6 years ago

Amazon workers in Germany to strike over pay, Verdi union says

Workers at seven Amazon sites across Germany will go on strike over pay for at least two days this week starting on Sunday night going into Monday, labor union Verdi said.



6 years ago

U.S. proposes barring big tech companies from offering financial services, digital currencies

A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the House Financial Services Committee, according to a copy of the draft legislation seen by Reuters.



6 years ago

Exclusive: U.S. firms may get nod to restart Huawei sales in 2-4 weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.



6 years ago

Asian shares, dollar brace for China GDP

Asian shares started the week on a softer note on Monday after posting their first weekly decline since early June, while the dollar was on the defensive ahead of key economic data from China.



6 years ago

Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official

The U.S. may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior U.S. official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.



6 years ago

Asian shares pull ahead after encouraging Chinese data

Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world's second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing.



6 years ago

Oil prices edge lower as China's GDP growth slows

Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world's largest crude oil importer.



6 years ago

Trump administration freezing fuel efficiency penalties

The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements.



6 years ago

This work perk can help you build wealth — or load you up with taxes and risk

Don't get too attached to those stock options and restricted stock units at work. In order to get the most benefit from them, you'll need to strategize with your financial advisor or CPA.

6 years ago