Latest News on private equities market

Oil rises as production curbs face renewed demand fears

Oil rises as production curbs face renewed demand fears

Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns about a resurgence in coronavirus cases.



6 years ago
S&P 500, Dow decline after recent gains; Nasdaq hits 10,000

S&P 500, Dow decline after recent gains; Nasdaq hits 10,000

The S&P 500 and Dow fell on Tuesday after recent strong gains, while the Nasdaq extended its record run and briefly rose above the 10,000 mark for the first time.



6 years ago
S&P 500, Dow ease as focus shifts to Fed; tech pushes Nasdaq to closing record

S&P 500, Dow ease as focus shifts to Fed; tech pushes Nasdaq to closing record

The S&P 500 and Dow fell on Tuesday, pausing after recent strong gains as focus shifted to the Federal Reserve, while the Nasdaq ended at an all-time high for a second straight day after briefly rising above the 10,000 mark for the first time.



6 years ago
Stocks trend lower as investors step back, safe-havens rally

Stocks trend lower as investors step back, safe-havens rally

A recent run of optimism in markets hit the brakes on Tuesday as investors mostly pulled back from stocks, though the Nasdaq extended its record run to a new high, while the safe-haven yen, Swiss franc and gold rallied.



6 years ago
Behind tech layoffs lay systemic cash flow negative companies

Behind tech layoffs lay systemic cash flow negative companies

Medium | Gonzalo Espinoza Graham | May 31, 2020 Since the pandemic started, there’s been approximately 61,260 tech layoffs [1]. Close to 30% of the layoffs came from public tech companies, 85% of those companies are unprofitable. No deep insights here, just the simple fact that the once growth hyper focused startups grew to be

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

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
Pompeo chides HSBC for 'corporate kowtow' to Beijing

Pompeo chides HSBC for 'corporate kowtow' to Beijing

U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.



6 years ago
Thousands of Vodafone UK customers face call connection problems

Thousands of Vodafone UK customers face call connection problems

Thousands of British customers of Vodafone Group Plc , the world's second-biggest mobile operator, faced call connection problems on Tuesday evening, although they were resolved within an hour.



6 years ago
Oil rises as production curbs offset renewed demand fear

Oil rises as production curbs offset renewed demand fear

Oil prices rose on Tuesday, as optimism about recent commitments from major oil producers to curb production offset concerns that a resurgence in coronavirus cases could hurt fuel demand.



6 years ago
Fidelity-backed crypto security startup Fireblocks launches ‘Secure Asset Transfer Network’

Fidelity-backed crypto security startup Fireblocks launches ‘Secure Asset Transfer Network’

The Block | Yogita Khatri | Jun 2, 2020 Quick Take Fidelity-backed crypto security firm Fireblocks has rolled out its “Secure Asset Transfer Network” The network allows Fireblocks’ clients to quickly find each other and connect to send assets on-chain safely Fireblocks claims to have helped transfer over $30 billion worth of digital assets to

6 years ago
Lufthansa's Austrian arm gets 450 million euro government bailout

Lufthansa's Austrian arm gets 450 million euro government bailout

Austria is granting Lufthansa's Austrian Airlines unit a 450 million euro ($508 million) bailout that will protect Vienna as a transit hub and safeguard "the bulk" of the flag carrier's 7,000 jobs, the government said on Monday.



6 years ago
Here's what these Gen Z investors learned when they opened robo-advisor accounts

Here's what these Gen Z investors learned when they opened robo-advisor accounts

They were shocked. They didn't expect to lose money. They're glad they started investing and here's what they learned.

6 years ago
Banking Must Take A Stand On Tough Social Issues

Banking Must Take A Stand On Tough Social Issues

The Financial Brand | Jim Marous | Jun 8, 2020 The COVID-19 crisis, combined with the recent incidents involving racial injustice, result in a dual pandemic for minority neighborhoods across the country. Financial institutions must increase their resolve to support racial and gender equality, diversity and inclusion within their organizations and in their communities. While

6 years ago
Nestle confirms sale of Buitoni brand's North American business

Nestle confirms sale of Buitoni brand's North American business

Nestle SA is selling the North American business of its Buitoni pasta brand to private-equity firm Brynwood Partners, the Swiss food group said on Monday.



6 years ago
Nasdaq rises to record again on economic recovery hopes

Nasdaq rises to record again on economic recovery hopes

U.S. stocks rose on Monday with the Nasdaq hitting a new intraday high after a surprisingly upbeat jobs report last week raised expectations of a swift recovery from a coronavirus-driven downturn.



6 years ago