Latest News on private equities market

On Raul Castro's birthday, U.S. threatens Cuba remittances

On Raul Castro's birthday, U.S. threatens Cuba remittances

The Trump administration expanded on Wednesday its list of Cuban entities that Americans are banned from doing business with to include the financial corporation that handles U.S. remittances to the Communist-run country.



6 years ago
U.S. dollar's shine fading, but risk high of rush to safe havens: Reuters poll

U.S. dollar's shine fading, but risk high of rush to safe havens: Reuters poll

A fading of the U.S. dollar's allure will continue as global funding strains ease, but a majority of analysts polled by Reuters said there was a high risk that the U.S.-China trade standoff will renew safe-haven bets in the next six months.



6 years ago
Senate passes bill lengthening coronavirus small-business loan terms

Senate passes bill lengthening coronavirus small-business loan terms

The U.S. Senate unanimously approved legislation on Wednesday giving small businesses up to 24 weeks to use Paycheck Protection Program loans created during the coronavirus pandemic, up from the current eight-week deadline.



6 years ago
Insurers say riot damage is covered under most insurance policies for businesses

Insurers say riot damage is covered under most insurance policies for businesses

After days of riots and looting, many businesses are looking to get back on their feet starting with filing insurance claims for the damage suffered.

6 years ago
Delta will extend social distancing through Sept. 30

Delta will extend social distancing through Sept. 30

Delta Air Lines Inc said on Wednesday it will extend social distancing measures on its flights through Sept. 30 and will block the selection of middle seats and cap seating in every cabin.



6 years ago
Why Covid is your ticket to working by the beach

Why Covid is your ticket to working by the beach

Sifted | Marie Mawad | Jun 2, 2020 If everyone’s working remotely, will Europe’s tech capitals lose to smaller hubs with lifestyle perks? Marseille for one is making a push to shine. For Matthieu Somekh, who runs a startup campus in Marseille, in the south of France, it’s not uncommon for phone calls to end

6 years ago
France nears 1-billion-euro crisis fund for aero suppliers: sources

France nears 1-billion-euro crisis fund for aero suppliers: sources

French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could invest 200 million euros, people familiar with the proposals said on Wednesday.



6 years ago
Deutsche Bank faces action from NY regulators over Epstein ties: sources

Deutsche Bank faces action from NY regulators over Epstein ties: sources

Deutsche Bank could face enforcement action by New York regulators investigating its ties to the late U.S. financier and accused sex offender Jeffrey Epstein, two sources familiar with the investigation told Reuters on Wednesday.



6 years ago
California sues Education Secretary DeVos for 'failing' to implement student loan forgiveness program

California sues Education Secretary DeVos for 'failing' to implement student loan forgiveness program

Ninety-nine percent of loan forgiveness applications under a congressionally mandated program were rejected between May 2018 and May 2019.

6 years ago
The coronavirus crisis could have a lasting impact on the gender wage gap

The coronavirus crisis could have a lasting impact on the gender wage gap

Amid the coronavirus crisis, women have disproportionately cut back on job hours to care for their children, which could cause the gender wage gap to grow.

6 years ago
Global shares, euro climb on robust risk appetite as lockdowns ease

Global shares, euro climb on robust risk appetite as lockdowns ease

A gauge of global equity markets rose and the euro gained against the dollar on Wednesday, both for a seventh session, in signs of strong risk appetite as easing lockdowns and hopes for more monetary stimulus boosted investor confidence.



6 years ago
LVMH's Arnault mulls ways to renegotiate deal with Tiffany: sources

LVMH's Arnault mulls ways to renegotiate deal with Tiffany: sources

LVMH CEO Bernard Arnault is exploring ways to reopen negotiations on the French luxury goods giant's $16.2 billion acquisition of U.S. jewelry chain Tiffany & Co , as U.S. social unrest and the coronavirus pandemic weigh on the retail sector, people familiar with the matter said on Wednesday.



6 years ago
U.S. labor market stabilizing as layoffs abate

U.S. labor market stabilizing as layoffs abate

U.S. private payrolls fell less than expected in May, suggesting layoffs were abating as businesses reopen, though the overall economy's recovery from the COVID-19 pandemic will be slow.



6 years ago
SoftBank launches $100 mln fund investing in 'people of colour'

SoftBank launches $100 mln fund investing in 'people of colour'

SoftBank Group Corp is launching a $100 million fund to invest in "companies led by founders and entrepreneurs of colour", in the latest corporate action as protests roil the United States.



6 years ago