Latest News on private equities market

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
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
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
Weak demand keeps U.S. inflation subdued

Weak demand keeps U.S. inflation subdued

U.S. consumer prices fell for a third straight month in May and underlying inflation was weak as demand for goods and services remained subdued amid a recession caused by the COVID-19 pandemic.



6 years ago
Barclays labels Staveley lawsuit 'distorted and exaggerated'

Barclays labels Staveley lawsuit 'distorted and exaggerated'

Barclays has dismissed as "distorted and exaggerated" legal arguments by financier Amanda Staveley, who is claiming up to 1.5 billion pounds in damages for alleged deceit over a financial crisis-era fundraising in a high-profile London trial.



6 years ago
S&P 500, Dow retreat after rally; Nasdaq gains further

S&P 500, Dow retreat after rally; Nasdaq gains further

Wall Street's S&P 500 and Dow Jones indexes fell on Tuesday while the tech-heavy Nasdaq hit a record high for the third straight session as investors eyed this week's Federal Reserve meeting for signs on how it views a restarting economy.



6 years ago
Explainer: What to look for in the Fed's U.S. economic outlook

Explainer: What to look for in the Fed's U.S. economic outlook

U.S. Federal Reserve policymakers on Wednesday will publish their first economic projections since the coronavirus pandemic set off a recession in February, estimates expected to signal a collapse in output this year and near-zero interest rates for the next few years.



6 years ago
Volkswagen CEO apologised to supervisory board for 'inappropriate' remarks

Volkswagen CEO apologised to supervisory board for 'inappropriate' remarks

Volkswagen Chief Executive Herbert Diess apologised to the company's supervisory board for having made "inappropriate and wrong" statements at an internal event, the carmaker said on Tuesday.



6 years ago
EU trade chief Hogan says he is considering bid to become WTO chief

EU trade chief Hogan says he is considering bid to become WTO chief

European Trade Commissioner Phil Hogan confirmed on Tuesday that he was considering a bid to become the next director-general of the World Trade Organization, a post that will become vacant at start of September.



6 years ago
Colorado restaurants reopen after millions in losses as coronavirus cases fall across the state

Colorado restaurants reopen after millions in losses as coronavirus cases fall across the state

Restaurant owners in Colorado are busy opening up their patios and spacing out tables after receiving the much-anticipated green light to restart in-person dining. While most are excited to reopen their business, many remain cautious moving forward.

6 years ago
Meet Nikola, the speculative electric vehicle stock that traders believe is as valuable as Ford

Meet Nikola, the speculative electric vehicle stock that traders believe is as valuable as Ford

Nikola Corporation, which makes battery-electric and hydrogen-electric trucks, has more than doubled since it began trading on June 4.

6 years ago
The hot new thing to make your stock pop: Go bankrupt

The hot new thing to make your stock pop: Go bankrupt

Bankrupt names Hertz, Whiting Petroleum, Pier 1 and J.C. Penny saw their shares surging at least 70% each in Monday's trading alone, some of which more than doubling.

6 years ago
While 21 million Americans were unemployed as of May, long-term joblessness hasn't seen an uptick

While 21 million Americans were unemployed as of May, long-term joblessness hasn't seen an uptick

The number of Americans unemployed for a long stretch of time has remained steady since the start of the year. Families and the broader economy could be in trouble if that changes.

6 years ago
How coronavirus put these financial advisors' practices to the test

How coronavirus put these financial advisors' practices to the test

Entrepreneurs are in unprecedented times, contending with a pandemic that's taken a massive toll on human life and the global economy. Financial advisors are among the business owners trying to survive amid a disaster.

6 years ago