Latest News on private equities market

Fed easing speculation keeps dollar under pressure

Fed easing speculation keeps dollar under pressure

The euro held below a three-month high against the dollar amid speculation the U.S. Federal Reserve might announce more steps to check a recent rise in bond yields later on Wednesday.



6 years ago
Oil falls towards $40 as U.S. inventory rise revives glut worries

Oil falls towards $40 as U.S. inventory rise revives glut worries

Oil fell more than 1% towards $40 a barrel on Wednesday after a report showed a rise in crude inventories in the United States, reviving concerns about oversupply and weak demand due to the coronavirus crisis.



6 years ago
Oil down as rising U.S. inventories reawaken supply anxiety

Oil down as rising U.S. inventories reawaken supply anxiety

Oil prices fell on Wednesday after a rise in crude and fuel stockpiles in the United States revived fears about oversupply and falling fuel demand in the world's largest crude consumer amid the coronavirus outbreak.



6 years ago
NATO chief says on Huawei: UK review of 5G security is important

NATO chief says on Huawei: UK review of 5G security is important

The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so it was important that the United Kingdom had a review of the role of Huawei in its 5G network to ensure its security.



6 years ago
Emirates airline redundancies continue for second day, sources say

Emirates airline redundancies continue for second day, sources say

Emirates laid off more pilots and cabin crew on Wednesday in a second day of redundancies at one of the world's biggest long-haul airlines, three company sources said.



6 years ago
Walmart's Mexico business set to absorb two internal units

Walmart's Mexico business set to absorb two internal units

The Mexican unit of U.S. retailer Walmart said on Wednesday a shareholder meeting would discuss the absorption of two internal units, Holding de Restaurantes y Servicios and Tiendas Wal-Mart.



6 years ago
A casino or stock market? Retail buying frenzy goes wild

A casino or stock market? Retail buying frenzy goes wild

A raft of small cap stocks has soared by hundreds of millions of dollars in value in recent weeks as frenzied retail traders piled in to a blistering stocks rally.



6 years ago
Boeing aims for key 737 MAX certification flight in late June: sources

Boeing aims for key 737 MAX certification flight in late June: sources

Boeing Co is aiming to conduct a key certification test flight on its grounded 737 MAX jet in late June, two people briefed on the matter said on Wednesday.



6 years ago
Is this the new face of Generation Z banking?

Is this the new face of Generation Z banking?

Sifted | Isabel Woodford | Jun 10, 2020 Forget fancy apps and metal cards. A new breed of "messenger banks" are breaking onto the scene. We’ve seen challenger banks for teens; we’ve seen pocket money apps for tweens; and now, Europe’s youngsters are getting a “messenger bank” — an encrypted chatbot that manages users’ finances and

6 years ago
Ford, Volkswagen target 8 million vehicles in van alliance

Ford, Volkswagen target 8 million vehicles in van alliance

Ford Motor Co and Volkswagen AG said on Wednesday they would make up to 8 million units of medium pickup trucks and commercial vans over the lifecycle of the vehicles as part of an alliance announced last year.



6 years ago
Mall operator Simon Property abandons $3.6 billion acquisition of Taubman

Mall operator Simon Property abandons $3.6 billion acquisition of Taubman

Simon Property Group Inc , the biggest U.S. mall operator, said on Wednesday it was ending its $3.6 billion deal to buy Taubman Centers Inc , citing the beating the retail sector has taken during the COVID-19 pandemic.



6 years ago
Goldman Sachs forms fund to address racial injustice

Goldman Sachs forms fund to address racial injustice

Goldman Sachs Group Inc said on Wednesday it had launched a $10 million fund to support the work of organizations addressing racial injustice, structural inequity and economic disparity.



6 years ago
American Airlines CEO says burning less cash but demand outlook still uncertain

American Airlines CEO says burning less cash but demand outlook still uncertain

American Airlines Chief Executive Doug Parker said on Wednesday that he expects a daily cash burn of about $40 million in June, down from a previous forecast of $50 million per day, thanks to cost-savings measures to address the coronavirus pandemic.



6 years ago
Dollar slumps to three-month lows on Fed easing speculation

Dollar slumps to three-month lows on Fed easing speculation

The dollar dropped to a three-month low on Wednesday as speculation increased that the U.S. Federal Reserve will announce later in the session it intends to keep the recent rise in bond yields in check.



6 years ago
Dollar slips, stocks fall ahead of Fed meeting

Dollar slips, stocks fall ahead of Fed meeting

The dollar slid to a three-month low and a gauge of global equities edged lower on Wednesday as investors awaited news at the end of a two-day meeting of the Federal Reserve and its plans to strengthen a nascent U.S. economic recovery.



6 years ago