Latest News on private equities market

Dow slumps 5% on fears of spurt in virus infections, economic worries

U.S. stocks deepened losses on Thursday, with the Dow on track for its biggest single day percentage fall since March 18, on fears of a resurgence in coronavirus infections and a gloomy economic forecast from the Federal Reserve.



4 years ago

Exclusive: Exxon set to revive North Sea sale after months of delays - sources

Exxon Mobil is preparing to restart the sale of its British North Sea assets after weaker oil prices and the coronavirus outbreak led to months of delay, industry and banking sources said.



4 years ago

Ryanair rejects new UK guidance for passengers to check in all luggage

Ryanair rejected new British government guidance for passengers to check in all luggage including hand bags, saying on Thursday it would instead recommend that passengers minimise checked-in luggage.



4 years ago

Ryanair rejects UK guidance for passengers to check in all luggage

Ryanair on Thursday rejected new British government guidance for passengers to check in all luggage including hand bags, saying it would instead recommend that passengers minimise checked-in luggage.



4 years ago

Stocks slide, bonds rally on downbeat Fed outlook

The safe-haven Japanese yen and Swiss franc gained on Thursday while a gauge of global equity markets fell the most in seven weeks after the Federal Reserve's sobering outlook cast doubt on hopes for a V-shaped recovery from the coronavirus pandemic.



4 years ago

Ethereum Co-Founder’s Firm Starts Compliance Service for Tokens

Bloomberg | Olga Kharif | Jun 8, 2020 Key Points ConsenSys know-your-customer product will focus on DeFi Automated system will track 280,000 tokens issued on Ethereum ConsenSys Inc., which is seeking to transform itself into a full-service software provider for the Ethereum network, is releasing an automated service for catching crypto’s bad guys. Headed by

4 years ago

Unilever picks Britain as best option as it ends Anglo-Dutch era

Unilever proposed on Thursday to ditch its dual Anglo-Dutch legal structure and create a single company in Britain to give it more flexibility for mergers and acquisitions as the coronavirus pandemic overwhelms businesses worldwide.



4 years ago

U.S. EPA orders Amazon, Ebay to remove unsafe products that cash in on pandemic fears

The U.S. Environmental Protection Agency (EPA) said on Thursday that it ordered Amazon.com Inc and eBay Inc to stop selling a wide range of pesticide products on their platforms, including those that are falsely marketed as being effective against the novel coronavirus.



4 years ago

Wall Street hammered by fears of spurt in virus infections, economic worries

U.S. stocks slumped on Thursday with the Dow shedding over 5% and the index on track for its sharpest one-day decline since March 18, as investors fretted over a resurgence in coronavirus infections and a grim economic outlook from the Federal Reserve.



4 years ago

Microsoft declines to sell facial recognition tech to police

Microsoft Corp said on Thursday it would not sell its facial-recognition technology to police departments until there is a federal law regulating the technology.



4 years ago

Apple will increase spending with black-owned suppliers as part of $100 million racial justice effort

Apple Inc Chief Executive Tim Cook said on Thursday the iPhone maker will increase spending with black-owned partners in its supply chain and seek to increase minority representation among the firms it does business with.



4 years ago

Comcast, media mogul Byron Allen reach carriage deal

Comcast Corp said on Thursday it reached a content carriage deal with comedian-turned media mogul Byron Allen, who withdrew a lawsuit about racial bias against channels owned by African Americans.



4 years ago

Amazon may face EU antitrust charges over merchant data in coming weeks: source

Amazon may face EU antitrust charges in the coming weeks over its use of data from merchants with whom it competes on its platform, a person familiar with the matter said on Thursday, putting it at risk of a hefty fine.



4 years ago

Global stocks tumble, bonds rally on downbeat Fed outlook

Global equity markets fell sharply on Thursday in their worst sell-off since markets crashed in March, while safe-haven assets rose after the Federal Reserve's sobering outlook cast doubt on hopes for a V-shaped recovery from the coronavirus pandemic.



4 years ago

Nestle explores sale of Pure Life as part of water business review

Food giant Nestle said it is exploring a potential sale of part of its North American water business, including its well-known Pure Life brand, as it moves to focus on the better performing brands in its water division.



4 years ago