Latest News on private equities market

At Fiat Chrysler's Brazil plant, production resumes with safety checks

Before going to work these days, employees at the Brazilian unit of Fiat Chrysler Automobiles have to get a health check using a mobile app every morning.



5 years ago

Stocks rally on reopening, stimulus hopes

The three major averages on Wall St were poised for their fourth gain in five session on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.



5 years ago

Fed mulls firmer rate guidance, adding dates or goals, minutes show

Federal Reserve policymakers last month opened a broad debate over what they can and should to do to boost the effectiveness of their monetary policy tools amid the coronavirus pandemic and beyond, a detailed summary of their most recent policy-setting meeting showed Wednesday.



5 years ago

Here's why Treasury Secretary Mnuchin may be wrong about job offers and unemployment

The Treasury Secretary said a furloughed worker who gets a job offer would be ineligible for unemployment benefits. But that's not always the case, experts said.

5 years ago

U.S. regulators open door to possible tightening of Huawei chip curb

U.S. regulators are open to making changes to close what some see as a loophole in a new rule aimed at curbing global chip sales to blacklisted Chinese telecoms equipment maker Huawei Technologies Ltd, two U.S. officials said on Wednesday.



5 years ago

Fed debates longer-term crisis-fighting plan, minutes show

Federal Reserve policymakers, still working to fully roll out a multi-trillion-dollar effort to shore up financial markets and an economy cratered by the coronavirus pandemic, last month dove into a new debate: how best to support the economy during a recovery they now agree could be slower and more fraught than initially thought.



5 years ago

Expedia posts bigger quarterly loss as pandemic impact takes toll

Online agent Expedia Inc posted a bigger quarterly loss on Wednesday, as the COVID-19 pandemic decimated travel demand and kept people under government-mandated lockdowns.



5 years ago

Germany agrees on rescue package for Lufthansa: media

The German government has agreed on final details of a rescue package for airline carrier Lufthansa , media reported on Wednesday.



5 years ago

Ford shuts two U.S. assembly plants due to COVID-19 infections

Ford Motor Co on Wednesday closed two U.S. assembly plants as the coronavirus pandemic wreaked early havoc with the No. 2 U.S. automaker's plan to restart North American production and begin making its most profitable vehicles again.



5 years ago

Wall Street climbs on stimulus hopes, as S&P, Nasdaq hit multi-month highs

The three major averages on Wall St. notched their fourth gain in five sessions on Wednesday as investors again bet on a swift economic recovery from coronavirus-driven lockdowns and the potential for more stimulus measures from the Federal Reserve.



5 years ago

Four Democratic U.S. senators warn against Uber buying Grubhub

Four Democratic lawmakers, led by Senator Amy Klobuchar, wrote to antitrust enforcers on Wednesday to warn that plans by Uber Technologies Inc, owner of Uber Eats, to buy rival online food delivery company Grubhub Inc would "raise serious competition issues" in many cities.



5 years ago

Canadian Council of Insurance Regulators and Canadian Insurance Services Regulatory Organizations announce Fintech/Insurtech Advisory Hub

McCarthy Tetrault | Ana Badour | May 11, 2020 On May 7, 2020, the Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) announced the launch of the CCIR-CISRO Fintech/Insurtech Advisory Hub (Advisory Hub). The purpose of the Advisory Hub is to allow interested entities to seek and obtain clarification

5 years ago

Northern Trust shutting fund; an outlier or sign of future risk?

Northern Trust Corp's decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on Wednesday, but one that could portend more problems depending on how the economy fares.



5 years ago

4 Digital Transformation Lessons that Banks Need to Learn from Covid-19

Finextra | Leon Gauhman | May 20, 2020 When COVID-19 is finally brought under control, several key sectors will be remembered for the way they stepped up and took responsibility during the crisis. Healthcare is the most obvious, but supermarkets, corner shops, logistics companies and postal delivery networks have also played a critical role in

5 years ago

XTM Announces More Contracts for Today Card Program Including Topper’s Pizza Franchise Company

XTM Inc. | Release | May 19, 2020 TORONTO, May 19, 2020 /CNW/ - XTM, Inc. ("XTM" or the "Company") (CSE:PAID) (FSE:7XT), a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world is pleased to report that the company signed an additional 80 food delivery stores including Topper's

5 years ago