Japan's Nikkei retreats from 33-year high as sharp gains stoke caution
Reuters » Private Equity
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5M ago
Japan's Nikkei share average hit a more than three-decade high on Monday before reversing course to trade marginally lower as investors turned cautious about the index's recent sharp gains ..read more
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Nikkei falls from 33-year high as sharp gains stoke caution
Reuters » Private Equity
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5M ago
Japan's Nikkei share average hit a more-than-three-decade-high on Monday before reversing course to end lower as investors turned cautious about the index's recent sharp gains ..read more
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Gulf Investment Corp buys stake in Pipecare Group - statement
Reuters » Private Equity
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5M ago
Kuwait-based Gulf Investment Corporation (GIC) said on Monday it has acquired a significant minority stake in Pipecare Group Holding, a major provider of pipeline inspection services ..read more
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UPDATE 3-Bayer woes pile up as blood thinner drug trial fails
Reuters » Private Equity
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5M ago
Large stroke prevention trial stopped early for lack of efficacy ..read more
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EU backs fund focused on cutting energy wastage
Reuters » Private Equity
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5M ago
A private fund that plans to build power projects on sites such as hospitals and data centres to reduce energy wastage has secured backing from the European Union's investment arm ..read more
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Panasonic shares surge as stake sale plan sparks restructuring hopes
Reuters » Private Equity
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5M ago
Shares of Japan's Panasonic Holdings have rallied about 10% since it announced on Friday a plan to sell a stake in its automotive systems business and the unit's potential listing raised broader restructuring hopes ..read more
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NRG Energy CEO Gutierrez leaves after Elliott sought new chief executive
Reuters » Private Equity
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5M ago
Utility firm NRG Energy said on Monday that CEO Mauricio Gutierrez has left the company months after activist investor Elliott Investment pushed for a boardroom overhaul ..read more
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UPDATE 3-McDonald's to acquire Carlyle's stake in China unit
Reuters » Private Equity
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5M ago
McDonald's said on Monday it would acquire investment firm Carlyle's 28% stake in a partnership that manages its business in mainland China, Hong Kong and Macau, as the burger chain looks to simplify its structure in the region ..read more
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UPDATE 10-OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist
Reuters » Private Equity
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5M ago
OpenAI named ex-Twitch boss Emmett Shear as interim CEO, while outgoing chief Sam Altman moved to backer Microsoft, in a surprise turn of events that clouded the future of the startup at the heart of the artificial-intelligence boom ..read more
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UPDATE 1-US SEC sues Kraken crypto exchange over failure to register
Reuters » Private Equity
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5M ago
Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating its trading platform without first registering with the regulator ..read more
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