Latest News on private equities market

SoftBank to sell 5% of domestic telco to raise cash

SoftBank to sell 5% of domestic telco to raise cash

SoftBank Group Corp said it plans to sell 5% of its domestic telco SoftBank Corp as part of its plan to raise $41 billion through asset sales.



6 years ago
Lufthansa closes in on $10 billion state rescue deal

Lufthansa closes in on $10 billion state rescue deal

Lufthansa is in advanced talks over a 9 billion euros ($9.9 billion) state bailout that would see Germany take a 20% stake in its flagship airline, as countries battle to save an aviation industry hammered by the coronavirus pandemic.



6 years ago
Israeli anti-viral mask maker Sonovia eyes Nasdaq listing this year

Israeli anti-viral mask maker Sonovia eyes Nasdaq listing this year

Israel's Sonovia Ltd, which makes washable and reusable anti-viral masks, is considering going public on Nasdaq by the end of this year, its chief technology officer said.



6 years ago
Japan to seek extradition of men arrested in U.S. over Ghosn escape

Japan to seek extradition of men arrested in U.S. over Ghosn escape

Japan on Thursday said it hoped that the two men arrested in the United States and wanted in Japan on charges related to former Nissan Motor Co boss Carlos Ghosn's escape from the country would be extradited to Japan soon.



6 years ago
Many Americans used part of their coronavirus stimulus check to trade stocks

Many Americans used part of their coronavirus stimulus check to trade stocks

People earning between $35,000 and $75,000 annually traded stocks about 90% more than the week after receiving their stimulus check.

6 years ago
Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources

Exclusive: Baidu considers leaving the Nasdaq to boost its valuation - sources

Chinese search engine giant Baidu Inc is considering delisting from the U.S. Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said.



6 years ago
U.S.-China tensions pull Wall Street lower

U.S.-China tensions pull Wall Street lower

Wall Street receded on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions, raising doubts about the trade deal reached early this year between the world's two largest economies.



6 years ago
Facebook's Zuckerberg embraces remote work outside Silicon Valley

Facebook's Zuckerberg embraces remote work outside Silicon Valley

Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees on Thursday, accelerating the tech sector's geographic diversification away from its home in Silicon Valley.



6 years ago
BlackRock says all director nominees elected, executive pay approved

BlackRock says all director nominees elected, executive pay approved

BlackRock Inc said on Thursday that all 16 of its director nominees were elected with favorable votes of about 94% at its annual meeting.



6 years ago
Here's how to get Medicare coverage if you're 65 or older and lose your job

Here's how to get Medicare coverage if you're 65 or older and lose your job

For anyone in the 65-and-older crowd who is now unemployed and lost their workplace insurance (or had coverage through a now-unemployed spouse), it's time to make sure you have Medicare coverage.

6 years ago
Starbucks recoups nearly two-thirds of comparable U.S. sales as stores reopen

Starbucks recoups nearly two-thirds of comparable U.S. sales as stores reopen

Starbucks Corp said on Thursday it had regained nearly two-thirds of its comparable U.S. store sales from the prior year, as it reopened stores and modified operations due to the coronavirus-related restrictions.



6 years ago
Wall Street dips as trade tensions add to virus woes

Wall Street dips as trade tensions add to virus woes

U.S. stock indexes edged lower at the open on Thursday as growing Sino-U.S. tensions and mixed retail earnings added to worries about the pace of a recovery from a coronavirus-fueled economic slump.



6 years ago
Amazon pushes Prime Day to September as it returns to normalcy: WSJ

Amazon pushes Prime Day to September as it returns to normalcy: WSJ

Amazon.com Inc is scheduling its annual Prime Day shopping promotion for September and allowing unlimited shipments of non-essential goods to warehouses, the Wall Street Journal reported, citing people familiar with the matter.



6 years ago
The slow reopen: Retail visits edge up, broader economic measures still unmoved

The slow reopen: Retail visits edge up, broader economic measures still unmoved

The U.S. continued its cautious reemergence from a coronavirus-linked shutdown over the past week, with measures of retail foot traffic slowly increasing but broader indexes of economic activity still stalled.



6 years ago
Best Buy sees margin pressure as online demand raises delivery spend

Best Buy sees margin pressure as online demand raises delivery spend

Best Buy Co Inc said on Thursday it expects profit margins to be under pressure in the second quarter, as it spends more on expanding delivery services to support a surge in online shopping from people staying at home due to the COVID-19 pandemic.



6 years ago