Latest News on private equities market

Dollar regains ground as investors take refuge from murky outlook

The U.S. dollar rose from early lows on Wednesday as investors wary of wider geopolitical risks sought its relative safe haven.



5 years ago

Special delivery: activists urge France to rein in Amazon

Environmental campaigners delivered a 12-foot (3.6-metre) tall mock-up of an Amazon parcel to the French finance ministry on Wednesday to demand that the government rein in the e-commerce giant's expansion in France.



5 years ago

Digital bank Current sees 'insane' growth during pandemic as essential workers sign up for accounts

The pandemic has acted like an accelerant to an existing trend: The steady migration of most everyday banking activities to mobile apps and online portals.

5 years ago

Lufthansa warns of threat to its $10 billion bailout deal

German airline Lufthansa warned on Wednesday that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support at a shareholder vote on June 25.



5 years ago

New U.S. Huawei rule targets standards, security concerns remain: Ross

A new U.S. rule regarding China's Huawei Technologies Co Ltd is a needed "clarification" to help develop standards, U.S. Commerce Secretary Wilbur Ross said on Wednesday, adding that security concerns remain over the telecoms equipment maker.



5 years ago

German Fin Min Scholz sees no danger of Lufthansa rescue deal collapse

German Finance Minister Olaf Scholz said on Wednesday a bailout deal for airline Lufthansa was a good, balanced solution which he hoped shareholders would approve, adding he did not think the agreement was in danger of collapse.



5 years ago

Southwest Airlines says has enough cash for two years as demand improves

Southwest Airlines said on Wednesday it has enough cash to carry on business for the next two years, up from its prior forecast of 20 months, as travel demand gradually picks up.



5 years ago

Wall Street rally wins more fans as economy hints at recovery

Record upside surprises in U.S. economic data are bolstering the case for a ā€œVā€ shaped recovery from the COVID-19 recession and boosting investor confidence in a stock rally that has already delivered hefty gains in recent months.



5 years ago

Coronavirus turmoil fuels the rise of AI-powered companies

For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread supply chains.



5 years ago

U.S. FAA chief to testify at hearing on jet certification after 737 MAX crashes

The head of the Federal Aviation Administration is set to testify on Wednesday before a Senate committee on the safety certification of jetliners like Boeing Co's 737 MAX, still grounded after fatal crashes.



5 years ago

Futures inch higher on hopes of quick economic revival

U.S. stock index futures rose on Wednesday as signs of more official stimulus supported hopes of an economic recovery from a coronavirus-led slump, even as six U.S. states saw a record rise in new COVID-19 cases.



5 years ago

UK's Supreme Court rules against Mastercard, Visa in retailers' fees battle

Britain's highest court on Wednesday upheld an earlier Court of Appeal ruling that credit card companies Visa and Mastercard restricted competition in the way they set fees for retailers, opening the way for them to seek compensation.



5 years ago

Trade war? U.S. battle over kitchen cabinets really a domestic dispute

The anti-China trade mood has reached U.S. kitchens, where a battle is being waged over competing visions of where and how cabinets should be made.



5 years ago

These 7 states might give you a tax break for work-from-home costs

Employees who are still working from their couches can't take a write-off on their 2020 federal return, yet a handful of states will allow you a tax deduction for costs employers won't reimburse.

5 years ago

Stocks grind higher as recovery hopes stand firm

Europe's shares added to their best gains in almost a month as safety plays lost their lustre on Wednesday, with hopes of a rapid economic recovery holding firm against a resurgence of global coronavirus cases.



5 years ago