Latest News on private equities market

Alibaba Group Holding Ltd has filed confidentially for a Hong Kong initial public offering, Bloomberg reported on Thursday, citing people familiar with the matter.

China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a U.N. body shows, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model.

Tesco, Britain's biggest retailer, said underlying sales growth slowed in its latest quarter, partly reflecting a tough comparative number in the same period last year.

Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.

Britain's accounting watchdog said on Thursday it has fined PwC 4.55 million pounds ($5.8 million) over its auditing of IT services company Redcentric.

When bitcoin was born it was a symbol of counterculture, a rebel currency with near-anonymity and a lack of regulation. A decade later, there are growing signs it's entering the establishment its creators sought to subvert.

Shares of Jet Airways sunk over 23% to a record low on Thursday after India's largest stock exchange said the carrier would soon no longer be traded in the derivatives market, while day-trading in the stock would also be barred, in a bid to curb speculative trading in the troubled company.

Saab will not test its Gripen fighter jet this month in Switzerland, the Swedish company said on Thursday, after the Swiss defense procurement agency recommended against it on grounds the plane would not be operationally ready in 2019.

German luxury carmaker BMW affirmed its target to increase sales this year after group sales rose by 3.2% in May year-on-year, driven by strong demand from mainland China.

French Finance Minister Bruno Le Maire said on Thursday he would meet Renault chairman Jean-Dominique Senard later in the day and reiterated that a merger with Fiat Chrysler remained an interesting option for Renault.

Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing, according to one source familiar with the matter.

Lockheed Martin said on Thursday it was on track to cut the cost of its F-35 fighter jet A variant to $80 million per jet a year ahead of its original target of 2020.

Packaging products maker DS Smith Plc said on Thursday that it had made plans for contingency stocking of spare parts as it readies for Britain's planned exit from the European Union, but expected disruption to its operations to be "relatively contained".

Britain's accounting watchdog said on Thursday it had fined PwC 4.55 million pounds ($5.8 million) for failing to challenge management at IT services company Redcentric where a 20 million pound hole was later found in the books.

French Finance Minister Bruno Le Maire said on Thursday a Fiat Chrysler-Renault merger remained an "interesting opportunity" but added he would tell the French carmaker's chairman that strengthening the Renault-Nissan alliance was the priority.