Latest News on private equities market

Lufthansa board rejects EU conditions on $10 billion bailout

Lufthansa board rejects EU conditions on $10 billion bailout

German airline Lufthansa's supervisory board on Wednesday rejected conditions imposed by Brussels on a proposed government bailout, casting fresh doubt on the 9 billion euro ($9.9 billion) rescue.



6 years ago
NCFA Response to CSA on NI 45-110 Startup Crowdfunding Harmonization Rules

NCFA Response to CSA on NI 45-110 Startup Crowdfunding Harmonization Rules

NCFA Canada | Craig Asano | May 27, 2020 NCFA SUBMISSION TO CSA ON PROPOSED HARMONIZED RULES FOR START-UP SECURITIES CROWDFUNDING (NI 45-110) The Canadian Securities Administrators (CSA) are seeking comments on proposed harmonized rules for start-up securities crowdfunding by 27 May 2020. The National Crowdfunding and Fintech Association of Canada (NCFA) welcomes this initiative.

6 years ago
Euro, stocks retreat from rally on EU stimulus plan

Euro, stocks retreat from rally on EU stimulus plan

The euro retreated from near two-month highs and equity markets wavered on Wednesday even as the European Union unveiled a 750 billion euro ($823 billion) recovery fund that helped offset concerns about unrest in Hong Kong over Beijing's proposed security laws.



6 years ago
Dollar steadies against euro; yuan slips on U.S.-China tensions

Dollar steadies against euro; yuan slips on U.S.-China tensions

The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic.



6 years ago
This disaster could wipe out your finances – and few people are preparing for it

This disaster could wipe out your finances – and few people are preparing for it

Americans' finances have been battered by the coronavirus pandemic, and now a new threat is emerging: hurricane season. Only 15% of people polled by the American Institute of CPAs have drafted a disaster plan to deal with it.

6 years ago
Wall Street rises with economic hopes; bank stocks jump

Wall Street rises with economic hopes; bank stocks jump

U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.



6 years ago
Dollar treads water against euro; yuan sinks on U.S.-China tensions

Dollar treads water against euro; yuan sinks on U.S.-China tensions

The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic.



6 years ago
Huawei CFO Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday

Huawei CFO Meng's U.S. extradition case hinges on key ruling in Canada on Wednesday

A Canadian judge will rule Wednesday on a key aspect of Huawei Technologies Chief Financial Officer Meng Wanzhou's extradition to the United States, with a favourable judgment seen as paving the way for the release of the Chinese executive after 18 months of house arrest.



6 years ago
Germany's Altmaier: Lufthansa bailout is in Europe's own interests

Germany's Altmaier: Lufthansa bailout is in Europe's own interests

German Economy Minister Peter Altmaier said on Wednesday he expected the European Commission to approve a 9-billion euro bailout of flagship carrier Lufthansa, adding that it was also in Europe's interests to avoid a sell-off of such companies.



6 years ago
Trump will sign an executive order on social media companies: White House spokeswoman

Trump will sign an executive order on social media companies: White House spokeswoman

U.S. President Donald Trump will sign an executive order shortly regarding social media companies, a White House spokeswoman said on Wednesday.



6 years ago
Hershey says mint, gum sales hit as lockdowns restrict social gatherings

Hershey says mint, gum sales hit as lockdowns restrict social gatherings

Hershey Co said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged people from participating in gatherings.



6 years ago
Goldman Sachs on target to meet medium,long-term growth goals: executive

Goldman Sachs on target to meet medium,long-term growth goals: executive

Goldman Sachs Group Inc President and Chief Operating Officer John Waldron said Wednesday that the bank remains on track to achieve its medium and long term growth targets despite the economic shocks caused by the novel coronavirus.



6 years ago
U.S. states sue Trump administration over fuel efficiency rollback

U.S. states sue Trump administration over fuel efficiency rollback

A group of 23 U.S. states and the District of Columbia filed a lawsuit on Wednesday challenging a Trump administration decision to weaken Obama-era fuel efficiency standards.



6 years ago
Tech selloff weighs on S&P 500, Nasdaq

Tech selloff weighs on S&P 500, Nasdaq

A selloff in technology stocks dragged on the S&P 500 and Nasdaq on Wednesday, with investors also cautious about brewing U.S.-China tensions at a time when policymakers are attempting to revive the global economy from a coronavirus-driven slump.



6 years ago
Edtech’s biggest threat? Kids

Edtech’s biggest threat? Kids

Sifted | Tim Smith | May 26, 2020 As coronavirus has forced classrooms around the world to move online, kids are getting creative in trying to sabotage lessons Georgina Farnham, a Barcelona-based English literature and language teacher, was just getting used to the transition to online teaching when, one day, she thought the internet trolls

6 years ago