Latest News on private equities market

Exclusive: U.S. senators draft plan to reform new plane design approvals after 737 MAX crashes

Two key U.S. senators are circulating a bipartisan draft bill that would reform how the Federal Aviation Administration certifies new aircraft in the wake of two fatal Boeing 737 MAX crashes that killed 346 people.



5 years ago

Here are the UK’s 5 leading open banking providers

AltFi | Aisling Finn  | Jun 10, 2020 Open banking has long been pedalled as the future of fintech, but which companies are the leading providers of the service in the UK? Open banking has become one of the most popular adaptations for both fintechs and big finance alike. Open banking was first introduced as

5 years ago

Oil on track for weekly loss on virus resurgence fears

Oil was little changed on Friday and headed for a first weekly fall since April as new U.S. coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand.



5 years ago

Fed frets about small business failures amid 'alarming' data

A large number of small U.S. businesses could fail during the coronavirus recession, the Federal Reserve said on Friday, slowing recovery and creating lasting damage to the world's largest economy.



5 years ago

Bankrupt car rental firm Hertz to offer up to $1 billion in shares

Car rental firm Hertz Global Holdings Inc said it would sell up to $1 billion in shares, cashing in on a huge speculative rise in its share price since filing for bankruptcy late last month.



5 years ago

Robinhood users' favorite stocks roar back after selloff

Shares of airlines, cruise lines and other companies that have been popular with investors on the Robinhood trading app shot higher on Friday, a day after stocks suffered their worst one-day market rout in about three months.



5 years ago

Still haven't filed your tax return? Here's where to get it done for free

There are are a number of ways that taxpayers can prepare and file their 2019 returns — which are due July 15 — without paying for the process.

5 years ago

Coronavirus threatens Chicago's last remaining trading pits

Chicago brokers and traders worry the novel coronavirus will kill more of the city's once famous shout-and-gesture trading pits.



5 years ago

Lemonade files to go public and reveals Nephila as reinsurer

Artemis | Steve Evans | Jun 9, 2020 Lemonade, Inc., one of the highest profile insurtech start-ups that had been funded by Softbank among others, has filed an initial public offering (IPO) registration statement in which it has also revealed that one of its reinsurers is the largest ILS fund manager in the world Nephila

5 years ago

S&P turns negative in volatile trade

The S&P 500 slipped into negative territory in volatile trading on Friday, as it flirted with a key long-term technical indicator, a day after a punishing session for Wall Street on fears of a resurgence in coronavirus infections and economic worries.



5 years ago

Oil prices see weekly loss on virus resurgence fears

Oil was little changed on Friday and logged a first weekly decline since April as new U.S. coronavirus cases spiked, stoking fears of a second wave of the virus hitting fuel demand.



5 years ago

California examines Amazon's business practices: WSJ

California investigators are examining Amazon.com Inc's business practices as part of an inquiry into the company, the Wall Street Journal reported on Friday, citing people familiar with the matter.



5 years ago

World shares modestly lower as investors mull coronavirus, recovery outlook

Global equity markets gave back earlier gains on Friday as concerns triggered by the U.S. Federal Reserve's less-than-optimistic outlook for an economic recovery and a jump in U.S. coronavirus cases gave investors pause.



5 years ago

Wall Street gains on bargain hunting but trading volatile

U.S. stocks were higher in late afternoon trading on Friday but had bounced between losses and gains as bargain hunting following a sharp losses a day earlier was offset by continued worries about the economy.



5 years ago

Volkswagen, Audi on hold as Mexico's Puebla state not ready to reopen

Mexico's Puebla state, where German automaker Volkswagen and its luxury brand unit Audi have major plants, said it is not ready to reopen its automotive sector due to ongoing concerns about the spread of the coronavirus.



5 years ago