Latest News on private equities market

Recalled to work? You can still collect unemployment benefits — and that extra $600 a week

Americans returning to work on a part-time basis may be able to continue receiving unemployment benefits, including the federal $600 weekly enhancement.

5 years ago

Appeals court sides with exchanges in U.S. SEC fee row

A U.S. appeals court ruled on Tuesday that the Securities and Exchange Commission cannot force stock exchanges to conduct a costly experiment to see how the fees they charge and the incentives they offer affect brokers' trading habits.



5 years ago

Stocks, dollar gain on U.S. retail sales, drug trial

A record rebound in U.S. retail sales, fresh support from the Federal Reserve and Bank of Japan, and upbeat trial results for a COVID-19 treatment boosted risk appetite on Tuesday, driving equity markets higher and strengthening the dollar.



5 years ago

China keen to seek benefits from pandemic, distressed U.S. assets: report

U.S. lawmakers and policymakers should be wary of China's moves to target vulnerable U.S. assets and expand its market share in the wake of the global economic crisis triggered by the novel coronavirus, according to a study prepared for a U.S. trade group and released on Tuesday.



5 years ago

Ex-Tommy Hilfiger boss Grieder to become new Hugo Boss CEO

German fashion house Hugo Boss has appointed former Tommy Hilfiger boss Daniel Grieder as its next chief executive, it said on Tuesday.



5 years ago

How investors can tell which companies do better when it comes to racial diversity

Many companies are second-guessing their own policies when it comes to diversity and inclusion. Investors who want to invest in companies that make this a priority have an index they can utilize.

5 years ago

Senators introduce aviation safety bill to reform certification after 737 MAX crashes

U.S. lawmakers introduced a bipartisan bill on Tuesday that would reform aircraft certification following two fatal Boeing Co 737 MAX crashes, Senators Roger Wicker and Maria Cantwell said in a joint statement accompanying the proposal.



5 years ago

Wall Street jumps on glimmers of economic recovery

Wall Street surged on Tuesday as a record jump in retail sales indicated the U.S. economy is on the road to recovery, five months into its pandemic-inflicted recession.



5 years ago

Open Banking just got its own App Store

Altfi | liver Smith | Jun 9, 2020 Just what we needed. The UK’s Open Banking Implementation Entity (OBIE) has launched an official App Store to showcase all the financial services apps which are currently using Open Banking APIs. It looks to solve one of the industry’s biggest challenges of showing all the great work

5 years ago

Lufthansa shareholder Thiele raps bailout deal, raises stake

German investor Heinz Hermann Thiele sharply criticised a 9-billion-euro ($10.14 billion) bailout deal for carrier Lufthansa , saying he had raised his stake in the group to more than 15% and hoped alternative options could be explored.



5 years ago

Advisory experts back P2P lending sector to become mainstream investment class

Peer2peer Finance News | Michael Lloyd | Jun 11, 2020 Advisory experts have backed the peer-to-peer lending sector to become a mainstream investment class after Covid-19. Mark Turner, managing director, regulatory consulting at Duff & Phelps, said the pandemic presents an opportunity for the sector to prove itself. “I think there is the opportunity for

5 years ago

Why some black-owned U.S. businesses are hardest hit by coronavirus shutdowns

After 15 years working as a hair stylist in other people's salons, Gary Connell opened his "Healthy Hair" studio in Montgomery County, Maryland in early March, sinking his savings into a two-chair shop in a busy mall.



5 years ago

Oil prices rise 3% on signs of U.S. economic recovery

Oil prices rose 3% in volatile trade on Tuesday as Wall Street surged and the International Energy Agency (IEA) increased its oil demand forecast for 2020, but gains were capped by worries about a second wave of coronavirus cases.



5 years ago

U.S senators introduce bill to reform aircraft certification after 737 MAX crashes

A bipartisan group of U.S. senators introduced a bill on Tuesday to reform aircraft certification following two fatal Boeing Co 737 MAX crashes, lawmakers said in a statement.



5 years ago

Wall Street closes higher on signs of economic recovery

Wall Street advanced on Tuesday as the prospect of additional stimulus and a record jump in retail sales suggested the U.S. economy could bounce back sooner than expected, five months into its pandemic-inflicted recession.



5 years ago