Latest News on private equities market

China says Canada is an accomplice of U.S. in Huawei case

China says Canada is an accomplice of U.S. in Huawei case

China's foreign ministry said on Friday that Canada is an accomplice to the U.S. government's efforts to bring down Chinese tech giant Huawei and said Canada should immediate release Huawei executive Meng Wanzhou.



6 years ago
Oil falls but set to post biggest monthly rise in years on output cuts

Oil falls but set to post biggest monthly rise in years on output cuts

Oil prices edged lower on Friday, set to post their first weekly fall in five weeks, after U.S. inventory data showed lacklustre fuel demand in the world's largest oil consumer while worsening U.S.-China tensions weighed on global financial markets.



6 years ago
Tencent in talks to buy Warner Music stake: WSJ

Tencent in talks to buy Warner Music stake: WSJ

Chinese internet giant Tencent Holdings Ltd is in talks to invest $200 million in Warner Music Group, ahead of the record company's slated initial public offering next week, the Wall Street Journal reported https://www.wsj.com/articles/tencent-in-talks-to-buy-warner-music-stake-11590774885 on Friday.



6 years ago
Too little or too much money? No payment at all? Here's what the IRS has said about inaccurate stimulus payments

Too little or too much money? No payment at all? Here's what the IRS has said about inaccurate stimulus payments

Some Americans who are eager to receive their stimulus money are wondering why the payments were less than they expected. Others have received checks that seemed to be too large. Here's what we know now about how the IRS plans to handle those situations.

6 years ago
Wells Fargo reveals new risk management structure

Wells Fargo reveals new risk management structure

Wells Fargo & Co appointed Kevin Reen as chief risk officer (CRO) for its consumer lending arm and Bill Juliano to lead its operational risk management team as it revealed a new organizational structure to provide risk oversight.



6 years ago
Why workplace learning matters more than ever

Why workplace learning matters more than ever

Raconteur | Marylou Costa | May 28, 2020 Often seen as a nice-to-have, workplace learning and professional development are now gaining importance as organisations’ best shot at retaining happy staff and staying competitive The idea of working from home may conjure up images of dishevelled, tracksuited executives. But the home has actually become the epicentre

6 years ago
U.S. consumer spending tanks; savings hit record high

U.S. consumer spending tanks; savings hit record high

U.S. consumers cut spending by the most on record for the second straight month in April while boosting savings to an all-time high, and the growing frugality reinforced expectations the economy could take years to recover from the COVID-19 pandemic.



6 years ago
Ryanair's Lauda airline shuts down Vienna base

Ryanair's Lauda airline shuts down Vienna base

Ryanair's Austrian carrier Lauda said on Friday it was closing down its Vienna base after failing to reach an agreement with unions on pay, and had already relocated many of its 15 planes to other bases.



6 years ago
Oil lower on U.S.-China tensions but heads for huge monthly rise

Oil lower on U.S.-China tensions but heads for huge monthly rise

Oil prices eased on Friday on fears of worsening Washington-Beijing relations and lacklustre U.S. fuel demand, but were still headed for sharp monthly gains.



6 years ago
'Shark Tank' investor Kevin O'Leary says companies will 'save a ton of money' from remote working

'Shark Tank' investor Kevin O'Leary says companies will 'save a ton of money' from remote working

"Productivity is significantly higher when you give people what they want," Kevin O'Leary told CNBC.

6 years ago
Uber launches hourly ride booking option in some U.S. cities

Uber launches hourly ride booking option in some U.S. cities

Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.



6 years ago
OPEC delivers three quarters of record oil cut in May: survey

OPEC delivers three quarters of record oil cut in May: survey

OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.



6 years ago
Americans are saving more and spending less, but it's unlikely to continue as states start to reopen

Americans are saving more and spending less, but it's unlikely to continue as states start to reopen

Americans are hoarding more money than ever. Here's how to make this momentary spike in savings last through the downturn.

6 years ago
Renault factory worker spared layoffs - for now

Renault factory worker spared layoffs - for now

Giovanni Pili, a worker at a Renault factory in France, was on Friday savoring the fact that he was not laid off in a global shakeup at the carmaker, and trying not to think too much about the uncertain future facing his plant, and his industry.



6 years ago
Don't throw out that pre-paid debit card ... it could be your stimulus payment

Don't throw out that pre-paid debit card ... it could be your stimulus payment

Millions of Americans who are still waiting for their stimulus payments are likely expecting paper checks by mail. But they could get something else: prepaid debit cards. About 4 million payments will go out this way. Here's what to look for to make sure the card you receive is legit.

6 years ago